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 2020 dividend income.
Dividend income from my taxable account totaled $1,553.40 down from $1,998.38 a decrease of -22.3% from December of last year.
Dividend income from my ROTH account totaled $137.91 down from $180.80 a decrease of -23.7% from this time last year.
Dividend income from my IRA account totaled $13.45 up from $5.72 from this time last year, an increase of 135.2%.
Grand total for the month of December: $1,704.76 a decrease of -22.0% from December 2019.
Grand total for 2020 dividends: $16,528.99 an increase of 18.4% from 2019. You just have to love the very real results of dividend growth investing even if we experience some harsh dividend cuts and suspension.
Brokerage Account
Year to date dividends: $12,608.80
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 12/01/2020 | AFL | AFLAC INC | $108.88 |
| 12/01/2020 | GWW | WW GRAINGER INC | $21.52 |
| 12/01/2020 | PFE | PFIZER INC | $23.42 |
| 12/01/2020 | WFC | WELLS FARGO & CO | $4.28 |
| 12/07/2020 | LYB | LYONDELLBASELL INDS | $57.06 |
| 12/07/2020 | SO | SOUTHERN CO | $109.42 |
| 12/08/2020 | AMGN | AMGEN INC. | $3.25 |
| 12/08/2020 | JNJ | JOHNSON & JOHNSON | $78.85 |
| 12/10/2020 | EMR | EMERSON ELECTRIC CO | $42.14 |
| 12/10/2020 | ADM | ARCHER DANIELS MIDLAND | $67.20 |
| 12/10/2020 | MSFT | MICROSOFT CORP | $5.00 |
| 12/11/2020 | YUM | YUM BRANDS INC | $27.88 |
| 12/14/2020 | DOV | DOVER CORP | $22.88 |
| 12/14/20 | MMM | 3M CO | $35.62 |
| 12/15/2020 | ED | CONSOLIDATED EDISON | $63.99 |
| 12/15/2020 | KO | THE COCA-COLA CO | $52.98 |
| 12/15/2020 | MCD | MCDONALDS CORP | $41.55 |
| 12/18/2020 | BP | BP PLC | $541.69 |
| 12/18/2020 | KHC | KRAFT HEINZ CO | $79.18 |
| 12/18/2020 | KTB | KONTOOR BRANDS INC | $3.20 |
| 12/21/2020 | VFC | VF CORP | $27.65 |
| 12/30/2020 | GILD | GILEAD SCIENCES INC | $37.41 |
| 12/30/2020 | ALLE | ALLEGION PUBLIC LTD | $8.96 |
| 12/30/2020 | TROW | T ROWE PRICE GROUP | $4.54 |
| 12/31/2020 | TT | TRANE TECHNOLOGIES | $47.17 |
| 12/31/2020 | BDX | BECTON DICKINSON&CO | $19.16 |
| 12/31/2020 | AVGO | BROADCOM INC | $18.52 |
ROTH Account
Year to date dividends: $3,019.12
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 12/01/2020 | PFE | PFIZER INC | $12.80 |
| 12/08/2020 | JNJ | JOHNSON & JOHNSON | $8.19 |
| 12/10/2020 | EMR | EMERSON ELECTRIC CO | $28.71 |
| 12/10/2020 | MSFT | MICROSOFT CORP | $1.13 |
| 12/11/2020 | YUM | YUM BRANDS INC | $8.07 |
| 12/14/20 | MMM | 3M CO | $13.62 |
| 12/15/2020 | KO | THE COCA-COLA CO | $13.06 |
| 12/15/2020 | MCD | MCDONALDS CORP | $14.49 |
| 12/18/2020 | KHC | KRAFT HEINZ CO | $15.22 |
| 12/18/2020 | KTB | KONTOOR BRANDS INC | $2.04 |
| 12/21/2020 | VFC | VF CORP | $20.58 |
IRA Account
Year to date dividends: $901.07
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 12/31/2020 | LTC | LTC PROPERTIES, INC. REIT | $6.01 |
| 12/31/2020 | AVGO | BROADCOM INC | $7.44 |
I hope everyone had a great 2020 with a renewed sense of what can be accomplished with patience, not panicking, common sense and general investing consistency and discipline as were all put through the test last year. 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
nice Keith
A great 2020 for sure!
That bp dividend payment is huge. =)
keep it up
cheers.
Passivecanadianincome recently posted…Brookfield Property Getting Bought Out – New Diversified Etf
Nice 4-digit month DH! Way to close 2020 with a record number of dividends. Awesome BP payout! Best of luck in 2021! 🙂
My Dividend Dynasty recently posted…Recent Buys – INTC, CSCO, & GD
Hut –
A 20% dividend income growth from 2019 to 2020 is really impressive. Think about what is going to happen once things “Normalize”? Whatever that really means.. haha. However, this could easily turn to 30-40% increases… LETS GO!
-Lanny
If you continue that annual growth rate throughout 2021 you might be hitting $20K in annual dividends this time next year. How awesome is that!
SD Growth recently posted…Buys and Sells for the Week 1/8
Complicated year behind us, but still great results. Good luck in 2021. The $ 20,000 mark is sure to fall.
LegendOfIncome recently posted…2020 Goals evaluation
Down roughly 20% on the month always hurts, but up almost 20% on the year is the more important number here. Great work continuing to build your income stream even in such a tough year. Looking forward to your progress in 2021!
Divs4Jesus recently posted…A Recap of Divs4Jesus 2020 Dividend Income
Man that’s really impressive that you were up 18% for the full year considering December had such a big decrease year over year. I’m guessing BP played a big role in that YoY decline. Also, congrats on receiving over $16.5k for the year from passive income. That’s like having an extra minimum wage worker funneling all their earnings to you without ever bothering you.
JC recently posted…Net Worth Update – December 2020
These are huge dividends! Any chance I could get your transaction list, so I could import them to digrin.com to see how a portfolio of this size would render there?
Hey Keith,
Great work on the YOY growth of over 18%. Shows the strength of the dividend growth investing strategy.
We’re likely to continue getting tepid dividend increases through 2021, but the compounding engine is already churning, so just keep the reinvestment going.
Take care,
Ryan
Get Rich Brothers recently posted…Five Year Plan, Update #5 – The Grand Finale
Hey Keith, it’s awesome that you were still able to achieve 18% YoY growth even with the December decrease. And that yearly total over 16 grand looks amazing! I can’t wait to see your 2021 reports!
Graham @ Reverse The Crush recently posted…Dividend Income January 2021 – Up 30% Over Last Year