Dividend Income Update December 2019

The start of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. December was exciting as ever as my year over year numbers continue to highlight the trifecta magic of dividend investing which includes, adding fresh capital, dividend raises and basic compounding to create an ever increasing passive income stream. Even if I stopped adding fresh capital today and every dividend stock I owned kept all distributions flat, without a single raise, my passive income stream would continue to grow.

With that being said, let’s take a look back at my December 2019 dividend income.

Dividend income from my taxable account totaled $1,998.38 up from $768.19 an increase of 160.1% from December of last year.

Dividend income from my ROTH account totaled $180.80 down from $181.30 an decrease of -0.3% from this time last year.

Dividend income from my IRA account totaled $5.72 equal to $5.72 from this time last year, an increase of 0.0%.

Grand total for the month of December: $2,184.90 an increase of 128.7% from December 2018.

Grand total for 2019 dividends: $13,961.69 an increase of 53.6% from 2018. You just have to love the very real results of dividend growth investing.

Brokerage Account

Year to date dividends: $10,345.31

DateSymbolDescriptionAmount
12/02/2019AFLAFLAC INC$98.01
12/01/19GWWWW GRAINGER INC$20.16
12/02/2019PFEPFIZER INC$21.96
12/02/19WFCWELLS FARGO BK N A$21.42
12/04/2019ULUNILEVER PLC$9.03
12/06/2019AMGNAMGEN INC.$2.92
12/06/2019SOSOUTHERN CO$94.86
12/06/2019YUMYUM BRANDS INC$24.78
12/09/2019LYBLYONDELLBASELL INDS$18.90
12/10/2019EMREMERSON ELECTRIC CO$41.00
12/10/2019JNJJOHNSON & JOHNSON$73.15
12/12/2019ADMARCHER-DANIELS-MIDLN$64.75
12/12/2019MMM3M CO$34.56
12/13/2019KHCKRAFT HEINZ CO$77.91
12/16/2019KOTHE COCA-COLA CO$51.20
12/16/2019EDCONSOLIDATED EDISON$56.24
12/16/2019DOVDOVER CORP$22.54
12/16/2019MCDMC DONALDS CORP$40.00
12/17/2019YUMCYUM CHINA HOLDINGS INC$6.96
12/20/2019BPBP PLC$1,003.72
12/20/2019DDOMINION ENERGY INC$87.16
12/20/2019KTBKONTOOR BRANDS INC$4.48
12/20/2019VFCVF CORP$26.88
12/30/2019ALLEALLEGION PUBLIC LTD F$7.56
12/30/2019GILDGILEAD SCIENCES INC$19.09
12/30/2019TROWT ROWE PRICE GROUP$3.80
12/31/2019BDXBECTON DICKINSON&CO$18.17
12/31/2019IRINGERSOLL RAND PLC F$47.17
Total: $1,998.38

ROTH Account

Year to date dividends: $2,630.90

DateSymbolDescriptionAmount
12/02/2019PFEPFIZER INC$3.24
12/04/2019ULUNILEVER PLC$47.42
12/06/2019YUMYUM BRANDS INC$7.14
12/10/2019EMREMERSON ELECTRIC CO$28.00
12/10/2019JNJJOHNSON & JOHNSON$7.60
12/12/2019MMM3M CO$12.96
12/13/2019KHCKRAFT HEINZ CO$14.59
12/16/2019KOTHE COCA-COLA CO$12.40
12/16/2019MCDMC DONALDS CORP$13.75
12/17/2019YUMCYUM CHINA HOLDINGS INC$2.04
12/20/2019DDOMINION ENERGY INC$9.18
12/20/2019KTBKONTOOR BRANDS INC$2.80
12/20/2019VFCVF CORP$19.68
Total: $180.80

IRA Account

Year to date dividends: $985.48

DateSymbolDescriptionAmount
12/31/2019LTCLTC PROPERTIES, INC. REIT$5.72
Total: $5.72

I have to stress that dividend compounding can work over time and can create an ever increasing passive income stream despite holding dividend cutters and eliminators. While 2019 saw my portfolio receive many dividend raises, stocks like GE, ADNT, APY, KHC and TEVA either reduced or eliminated their payments during the last couple of years. We all know that diversification is the key to mitigate these circumstances that every long term dividend investor will inevitably face.

I hope everyone had a great 2019 with a renewed sense of what can be accomplished with patience, not panicking, common sense and general investing consistency and discipline. These traits enable consistent dividend income results you see above as well as the knowledge that with high, moderate or even low income levels from active work, passive income growth can still be achieved. Are any of these dividend stocks in your portfolio too? How was your December dividend income? Please let me know below.

Disclosure: Long all above

24 Comments

  1. Well done, DivHut. A 53% increase in dividend from a year ago is remarkable progress. Keep up the great work!!

    cheers
    R2R

  2. Nicely done DivHut! We share some names and like you, I was impacted by the GE and KHC dividend cuts. Despite these unfavorable events, I was satisfied with how the portfolio performed in 2019. With respect to KHC, there have been a few occasions in the last year, were I have considered nearly doubling the position in KHC as the price has hung out sub $30. I think I’ll live to regret not doing so – it is less about the dividend at this point and more about capturing a larger percentage of the future FCF the company will generate over time – while the stock is relatively cheap, especially in light of the market as a whole. Best of luck in 2020!

  3. Solid dividend growth! I’ve been slow to adding new stocks to my portfolio due to the long bull market (and some recession warning signals). I’ve saved up some cash and hope to find some great opportunities soon.

  4. WOW! Excellent month – that $2,184.90 at 128.7% is amazing, keep it going! BP is really coming in strong reaching the 4 digit mark by itself. Great message at the end. Happy new year 2020!

    Cheers-
    Divcome

  5. Keith – Hell yeah. Congratulations on such a kickass month. Over $2,000 without mutual fund payouts is an awesome feat. I love the four digit dividend from BP as well. I love owning them in my portfolio. But I must admit, I would love it even more if I had that dividend.

    You’re just crushing it and thank you for the motivation, as always. Congrats on the strong finish to 2019 and I’m looking forward to seeing what you have up your sleeve in 2020.

    Bert

  6. Well done Keith! Nearly $2k and some huge YoY growth for you taxable account. And love seeing the 2019 total at nearly $14k. That’s the power of being consistent with buying quality companies. It might not seem like much in the beginning, but keep at it it and you can have some pretty amazing results.

  7. DH,

    Way to close out the year! Was that a special dividend from BP? 14k is a great number to get w/o doing any added work.

    – Gremlin

    1. Hi DG,

      Not a special dividend. Just a lot of shares from Mrs. DivHut’s account going back many, many years. I have thought about trimming for a while but just kept it. These days I won’t be selling it unless it rebounds significantly.

  8. Despite you holding a couple that cut their dividend, overall your portfolio performed great. 160% growth is amazing year over year.
    I look forward to seeing how well your portfolio performs in 2020.

    -Jason

    1. Hi MD,

      Cuts are a part of the DGI way. It is just part of this investing strategy and the longer you are in the DGI game the greater the odds you’ll face a cut. The only way to mitigate its negative effects is to keep diversified so your income keeps growing and rolling in at a good pace.

  9. I just need to repeat that the 53% YoY dividend growth on the portfolio of this size, is excellent.
    Congratulations.

    1. Hi Druss,

      Thank you for your comment and continued support. It’s all about fresh capital, reinvestment and those raises when they come.

  10. Awesome job, DH, congrats!
    Dividend compounding truly is our friend, it takes time and consistency, but once the machine is running it really takes off.
    Keep it up and all the best.
    Cheers
    Financial Shaper

    1. Hi FS,

      I always say that fresh capital, reinvestment and enjoying those dividend raises when they come can create a serious compounding machine. Thank you for commenting.

    1. Hi CDB,

      The longer you are a dividend growth investor the greater the odds that portfolio holdings will overlap. Keep doing what you’re doing too. It’s all about consistent growth and no panic selling.

  11. That’s the way to cap off an outstanding year, DivHut. That BP dividend is amazing. I would expect your taxable account might have at least a couple new triple digit dividend payers this time next year (AFL and SO).
    Keep that dividend machine growing. Best of luck in 2020.

    1. Hi ED,

      2019 did finish on very strong footing. I plan to continue this wave into 2020 and beyond.

  12. This is a great example of consistent investing and what fruit your investing tree can produce. Awesome job! Almost $2,000 in dividend income in a non-IRA account. That’s incredible. There are lots of foreign countries you can retire very comfortably in. In fact, your portfolio earns more money than most people earn in a single year. Not including other accounts. The power of money working for you Vs working for money. Nothing comes close at all. You are an inspiration!

    1. Hi IT,

      Thank you for those kind words. This portfolio did not appear overnight. It took me over a decade to get to this point with many ups and downs along the way. As long as I’m diversified to mitigate any dividend cuts I should be OK over the long haul.

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