The beginning 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. November 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 will still continue to grow.
For the last several months I have been adding to my existing holdings and I intend to keep adding to those holdings rather than initiate new positions as I am finding ample opportunity to average down on some high quality names sporting much better yields and values. One such name that matches that criteria is Archer-Daniels-Midland Company (ADM), a December stock consideration of mine that is currently yielding a historically high yield north of 3% because of commodity pricing pressure. Of course, many REITs are offering us better value and yield these days too as Fed interest rate hike noise results in a lot of shareholders dumping interest rate sensitive stocks. In any case, let’s get to the reason why you are here, my November dividend income totals.
Dividend income from my taxable account totalled $264.45 up from $198.15 an increase of 33.5% from November of last year.
Dividend income from my ROTH account totalled $173.03 up from $40.24 an increase of 330.0% from this time last year.
Dividend income from my IRA account totalled $48.60 up from $0 from this time last year.
Grand total for the month of November: $486.08 an increase of 103.9% from November 2014.
Brokerage Account
Year to date dividends: $2,894.06
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 11/02/2015 | DIVIDEND:GIS | GIS | $31.82 |
| 11/06/2015 | DIVIDEND:BCR | BCR | $0.96 |
| 11/06/2015 | DIVIDEND:YUM | YUM | $26.36 |
| 11/09/2015 | DIVIDEND:APD | APD | $31.65 |
| 11/13/2015 | DIVIDEND:CLX | CLX | $10.42 |
| 11/16/2015 | DIVIDEND:CL | CL | $6.55 |
| 11/16/2015 | DIVIDEND:ABBV | ABBV | $45.61 |
| 11/16/2015 | DIVIDEND:PG | PG | $12.13 |
| 11/16/2015 | DIVIDEND:ABT | ABT | $13.17 |
| 11/20/2015 | DIVIDEND:KHC | KHC | $31.49 |
| 11/20/2015 | DIVIDEND:CAT | CAT | $54.29 |
| Total: $264.45 |
ROTH Account
Year to date dividends: $1,002.85
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 11/02/2015 | DIVIDEND:TD | TD | $64.46 |
| 11/06/2015 | DIVIDEND:YUM | YUM | $7.68 |
| 11/16/2015 | DIVIDEND:PG | PG | $7.15 |
| 11/20/2015 | DIVIDEND:KHC | KHC | $19.37 |
| 11/20/2015 | DIVIDEND:CAT | CAT | $34.17 |
| 11/25/2015 | DIVIDEND:RY | RY | $40.20 |
| Total: $173.03 |
IRA Account
Year to date dividends: $144.96
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 11/20/2015 | DIVIDEND:HCN | HCN | $21.64 |
| 11/24/2015 | DIVIDEND:HCP | HCP | $26.96 |
| Total: $48.60 |
No secret that my ROTH has grown as a result of my Canadian bank buys throughout most of 2015. Are any of these dividend stocks in your portfolio too? How was your November dividend income? Please let me know below.
Disclosure: Long all above
Great job yet again DivHut! Huge increases across all 3 of your portfolios. Your consistency with making purchases and building up positions is enviable and I hope to rejoin you with consistent buying soon. Although I still need to work on building up positions better. Best of luck closing out the year! Hard to believe I’m saying that already.
JC recently posted…Will United Parcel Service, Inc. Ship More Dividends Your Way?
Hi JC,
Thank you for your words of encouragement. I always believed that consistency is an important attribute to being a long term dividend growth investor. Putting money to work each and every month, no matter the economic climate, is an accelerated manner to building up that passive income stream we all seek. I also can’t believe that 2015 has come and gone in a flash. As long as it was a meaningful and productive year emotionally, spiritually, physically and financially then God speed and look ahead to a better 2016. Thank you for stopping by and commenting.
Nice Div Hut, you’ll surpass 3,000 by year end.
ADM is the top of my watch list also – I will probably update the ADM numbers on its stock report today.
Dividend Chimp recently posted…Top Stocks by Sector
Hi DC,
Between all three accounts I’m looking to surpass $4k in a meaningful way. Prior to creating my blog I was never that attached to my dividend income nor passive income growth. I’m very happy to have started documenting my progress as I feel a lot more intimate with my investments and direction they are headed. ADM is still my go to pick for December. Not sure how big of a buying month it will be for me but I do know I’ll make at least one purchase. After the steep climb the market had today finding good value and yield is a little more difficult. Thank you for commenting.
Nice! I was just looking at your brokerage account.
$4,000 is great!
ADM top of my list to sell a put, but I’m feeling overall bearish about the market right now, if I sell a put, it will be w/ a short expiration.
Congratulations again!
Dividend Chimp recently posted…Call Options for Income and Yield Boosting
Hi DC,
No problem. The reality is that I can tap the brokerage account at any time without any consequences while the retirement accounts have some strings attached for withdrawal prior to “retirement age.” All good in the end 🙂
Superb DivHut! Over 100% increase! You beat me by just a few percent… I’ll get you next month!! haha If only we could keep up 100% gains every month/year! I have not hit up the Canadian banks but they definitely seem like good candidates in the future. I have zero capital right now to invest. I’m looking to stash up for a few months before making some purchases so we shall see how it goes. You and I are pretty close income wise so its fun seeing your numbers every month.
Keep up the great work!
americandividenddream recently posted…Dividend Income – November 2015 Update
Hi americandividenddream,
Thank you for your continued support. That great year over year growth came to me courtesy of my Canadian banks as those positions have grown the most within my ROTH and contributed to a substantial dividend income increase. I still like the Canadian banks a lot but must wait till 2016 to invest in them because my ROTH has been fully funded. They are worth a look if nothing else as each offers pretty good to high yield and really good value at current prices. Looking forward to seeing how we’ll close out 2015. As always, I appreciate your comment.
Congrats on the 100% YoY growth!
Ben at Sure Dividend recently posted…Dividend Aristocrats Part 31: ExxonMobil
Hi SD,
Thank you! I don’t expect these high figures to continue forever but I’ll take them when I can get them. Thank you for commenting.
Nice and very solid dividend income for month of November. A 103.9% YOY increase? Holy cow DivHut! You sure have been adding a lot of capital into the different dividend accounts. That’s awesome! Keep up the great work.
Hi Tawcan,
I didn’t expect to see such a dramatic increase in my year over year growth which is kind of nice when you blog and chronicle every dividend payment that comes in. It’s nice to actually see it in “print” and realize that there’s something very real and tangible to this whole dividend growth investing thing we are doing. While I don’t expect to see these numbers all the time, it’s still quite nice to see. Thank you for stopping by and commenting.
Awesome month DivHut! Another $486 that you you can use to grow future dividends. 🙂 Also, way to increase those dividends roughly 104% from a year ago! Great progress you are making my friend. Keep up the great work. Look forward to seeing the year end report!
Best wishes and continued success! AFFJ
A Frugal Family’s Journey recently posted…Collection of RECENT BUYS (November 2015 Summary)
Hi AFFJ,
Always appreciate the kind words and continued support. As you stated, that $486 just went right back in to buy additional shares to grow my future dividend income. This is the time when we start to get excited about our snowballs really making a meaningful impact at compounding our returns. The real boost came from my ROTH account and specifically from my Canadian bank holdings. I still like them going into 2016 and I plan to add more to my holdings. As always, I appreciate you stopping by.
Fantastic YOY increase there, DH – nice one! I’m thinking of adding to my existing stocks with my next few purchases – like you say, it’s a great opportunity to average down. Keep up the great work!
weenie recently posted…November 2015 Savings, plus other updates
Hi weenie,
No complaints on my end about my year over year dividend growth. It’s amazing how much can change in a relatively short time span.
While there are many other companies I’d like to invest in, as you can see on my watch list, I feel that I want to stay focused on my current holdings. Between ADM, EMR and CAT that are still relatively low and the large Canadian banks and more, there’s no shortage of where I can add to my existing holdings and average down on some really great stocks. Thank you for stopping by and commenting.
Keith,
Great work there. That big increase from last November can really only mean one thing: You’ve been adding a lot of fresh capital over the last year. Dividend growth and reinvestment will get you part of the way there, but not 100%+. 🙂
Keep it up, man. Finishing the year strong!
Best regards.
Hi JF,
Thank you for your continued support. It’s no secret that I have been contributing to my Canadian bank holdings for some time, averaging down bit by bit and collecting that pretty healthy yield all the while. My ROTH account was not as large as my taxable account which also enables one to put up some pretty impressive percentage gains. Nevertheless, I am quite happy with the results as you can imagine but I do not expect these eye pooping percentages to become commonplace. As always, I appreciate your comment.
Awesome month Keith. You’re doing fantastic bud. Congrats on 486! It’s a great feeling to see the progress move higher and higher. Thanks for sharing and glad to be travelling with you on this amazing journey. Cheers buddy.
Dividend Hustler recently posted…Recent Buys. December 3 2015. Final buys of the Year.
Hi DH,
Thank you for your kind words. I’m so happy to have started this blog as it really allows me to chronicle and document my dividend income progress. Prior to the launch of this blog I knew money was coming in and being reinvested but I never actively chronicled the progress which, in a way, left me a little detached from my portfolio. Now that I can write about, post, and click any time I want my dividend income to the penny I can see clearly the direction I am headed. Happy to be with you and others on this DGI journey. Thank you for stopping by and commenting.
Congrats on the YOY increase! That’s very impressive and that kind of boost definitely helps skyrocket your dividend compounding. I like a lot of the stocks in your portfolio, which I’m hoping to initiate new positions in when the shares are cheaper such as GIS, APD, CLX, CL, and CAT.
Hi ACI,
Thank you for your kind words. That’s the name of the game… getting an ever growing dividend income stream to reinvest and add additional fire power to that snowball. I like a lot of the names you mention but agree that better price, value and yield can be found elsewhere. The consumer staples are my favorite sector overall but still seems quite expensive in general. CAT, still looks attractive these days though. No doubt, lower oil and commodity prices are dragging this stock down. Thank you for stopping by and commenting.
Keith….amazing month. Holy cow. 103% is unreal. You are making some amazing progress here and are accomplishing some great things. I know this probably sounds ridiculous, but isn’t it crazy to take a step back and think about all that you did over the last 12 months to get to this point. 12 months is such a short period time and it is impressive that you managed to double your income in that time span considering that you increased your income over $200!
I own ADM as well and am considering averaging down my position soon. It has been a quiet journey down for that company and I think I will be kicking myself a year from now if I don’t take advantage of this opportunity. Keep me updated if you decide to make the plunge yourself.
Bert
Dividend Diplomats recently posted…November Dividend Income From You The Bloggers
Hi DD,
I know what you mean about stepping back for a moment and reflecting on the time that has passed and seeing the progress that has been made. I guess when you have a goal and remain focused on the long term it’s easy to take the required steps needed to achieve that goal.
As I have commented elsewhere, ADM is still my go to stock for December. Not sure how much I’ll be buying this month but I will be making at least one buy, that’s certain. I know it can be a difficult decision to buy more of a company that has already taken a beating but isn’t that the best time to buy a company? When others are selling? It seems like everyone prefers to buy stocks at their highs instead of sale prices. Look at MCD when it was left for dead a little over a year ago. Now it’s at all time highs but the reports, bloggers, everyone really, called the end of MCD. Less than a year ago it was under $90 offering us much better price, value and yield. Today, it’s $116. Remember just a few short years ago when JNJ was left for dead too?
I have no idea what ADM will do in the future. No one does. But, I am willing to nibble more on the stock especially at current levels when the risk/reward ratio skews more towards reward at these historic high yields. The dividend is still safe with room for growth. That’s enough for me. Can ADM be another break out stock down the road like MCD or JNJ? Who knows? But I’m willing to find out. Thank you for commenting.
DH
Great job YoY with the dividend income in November. I had also great month in november and I will post the numbers soon.
Keep the snowball rolling.
Sharon – Divorcedff
divorcedff recently posted…Dividend Portfolio Update – November 2015
Hi divorcedff,
Thank you for your continued support. All we can do is continue to buy good value and yield when it comes, be consistent with our buys and be patient and that snowball will continue to grow. Look forward to your results. Thank you for commenting.
Nice job DH! on yoy growth and crossing $400+ in dividends. It will go a long way to cover many things in life. At $10 per hr, you have earned close to 50 hrs of FI, more than a week that you do not need to work! Keep racing towards FI.
Race2Retirement recently posted…Recent Stock Purchase I – December 2015
Hi R2R,
Always appreciate the support and encouragement. As you can imagine I am very pleased with my results for November. Believe me, I know those dividend can cover quite a bit of monthly expenses. My next long term goal is to have dividends cover my monthly rent. It would be a very satisfying feeling knowing that my family will always have a roof. Of course, the real end goal is to have every expense covered via dividend income. Thank you for commenting.
Another good month! 🙂
Allan recently posted…Titres Canadiens qui versent des dividendes en croissance que je pense éventuellement ajouter à mon portefeuille
Hi Allan,
That’s the beauty of dividend investing. The results are very real and cannot be faked. Seeing real year over year growth just keeps me fired up to continue on this journey. As always, I appreciate your comment.
It’s tough for me to make a comment partly because everyone else here has already said everything that could be said, and partly because what can you SAY about a 103% increase in your annual dividend income that the number itself doesn’t say?
Hopefully 2016 will see a similar increase from 2015.
Sincerely,
ARB–Angry Retail Banker
ARB recently posted…An eBook Review: “The Dividend Mantra Way” by Jason Fieber
Hi ARB,
I guess those year over year results speaks volumes about the real and measurable dividend growth received. Of course, I don’t foresee many more months of that type of insane growth as the percentages inevitably go down the larger a portfolio becomes. Still, it was a nice figure to report and I’m eager to see how 2015 will close out for us all as we tally our total dividends for the year. Thank you for sharing your thoughts.
Congrats on a nice month and good YoY growth in dividends. Your monthly total is impressive considering that it is the 2nd month of the quarter which is usually a slow month – at least for me.
Dividend Growth Journey recently posted…Sharebuilder Purchase – 12/1/2015
Hi DGJ,
Keeping the flow of fresh capital is always a challenge, especially if I want to continue seeing these insane year over year growth numbers but I can say that my November results have been pretty much a result of my Canadian bank investments from earlier this year coming to fruition now. Thank you for your continued support and comment. I always appreciate the visit.
DivHut,
Read this on Seeking Alpha the other day. I’ve been on the road so I’ve been slacking big time in keeping up with a little reading. Great job this month. In particular I am a big fan of the stocks that are paying, lots of industrial, financial, healthcare, and consumer staples varieties. Those really are meant to last and keep improving. Even though they may yield less (at least some of them) up front, they seem to do extremely good jobs are growth over time.
– Gremlin
Dividend Gremlin recently posted…November Review / December Preview 2015
Hi DG,
Your comment highlights the manner in which I like to invest. Focus on solid long time dividend growers rather than chasing the current high yield. In that respect, looks like ADM is a new name that’s being beaten down in recent weeks that’s offering us some great value. I like it a lot long term and think that current currency headwinds, low commodity prices and slower demand for its products in Asia and Europe are making for some great buys and great yield. I’ll be happy to grow my dividend income in this name. Thank you for stopping by and commenting.
Looking good divhut! A 33% increase when you’re already making a lot is huge
Hi Dividendsfordummies,
No doubt I have been fortunate to achieve these impressive year over year percentage increases across all my accounts and the plan is to continue on this path for the foreseeable future. Of course, I realize that as my portfolio will grow these percentages will get smaller but as long as there is growth every year I am happy. Thank you for sharing your thoughts.
HI DivHut,
nice dividend income in november. It is really motivating to see your monthly income is already that high, even though you are not just chasing high yield stocks.
cheers
Andy
Div.Income recently posted…November Saving Rate
Hi Div.Income,
I was always a fan of buying solid long term dividend growers rather than simply look for current high yield. Often, newcomers to dividend growth investing buy too many high yielding stocks only to see them cut or eliminate their dividends down the road. Of course, even the best companies in the world can cut their dividends but I feel that with my current portfolio the odds are really minimized. Thank you for stopping by and sharing your thoughts. It’s much appreciated.
Great month DivHut! Nice increase since last year!
Happy Healthy and Wealthy Girl recently posted…Project: Dividend Stocks for Teenager November update
Hi HHaWG,
Thank you for your supporting words. It’s always nice to see some insane year over year growth. Of course, as the portfolios grow I realize that these percentage increases will get smaller. As long as there is growth, I’ll be happy. Thank you for commenting.
Hey many your almost surpassing 500 dollars in total monthly dividends, great job. I’m sure in December you will have a big month to add to the annual total. For me November is not that big I had about half of your total. I’m hoping to surpass 5K this year in annual dividends.
EL @ Moneywatch101 recently posted…The Unconventional Wisdom Behind Early Financial Independence
Hi EL,
Like almost all dividend growth investors I am looking forward to seeing how December will close out and tally my 2015 dividend income. November was a nice month between all my accounts considering that it’s not a heavy end of quarter month like December. For your journey, surpassing $5k in annual dividend income is a very admirable total. I’m expected to crack $4k for 2015. Thank you for your support and kind words.
Increase of 100% is really amazing. Wow, you are definitely doing the right thing!
BeSmartRich recently posted…Nov 30, 2015 Net Worth Update: $137,868 (+$1,246, +0.9%)
Hi BSR,
Starting with a relatively small ROTH account and adding to my Canadian banks earlier in 2015 definitely helped contribute to that 100% year over year growth. This is what we all are doing. As always, I appreciate your comment.
Congrats Div Hut on the dividend earned to date. Looks like a very solid rise from last year.
I have been looking at Archer-Daniels-Midland Company (ADM) as well. It is a wonderful company that happens to be oversold at the moment; a perfect situation for dividend investors ;).
I have just started investing for dividend income and just purchased my first stock. Let’s hope my rate of increase over the years is as rapid as yours.
Money Grower UK recently posted…BP stock purchase – First Dividend stock
Hi MGUK,
Thank you for your support regarding my dividend income. A solid year over year increase like the one I experienced last month is always welcome.
I fully agree with your assessment of ADM. Somehow people tend to shy away from a stock that’s falling in price. As long as you nibble into your position I think it’s OK to buy when better value and sustainable yield present themselves.
Welcome aboard the dividend income train. While I have invested in stocks for a long, long time it was only recently that I became a dedicated dividend growth investor. In my defense, when I first started investing you could buy a CD yielding between 8% and 9% so as you can imagine dividend investing wasn’t as ‘in’ as it is today. Still, I sure wish I could go back in time and start on a dividend growth journey much earlier. Thank you for stopping by and commenting.
Hi Divhut,
seems like a solid month there. My november was also pretty good since one of my stocks did pay a extra dividend because they don’t know what to do with the excess cash.
Keep up the great work.
Cheers,
Geblin
Geblin recently posted…John D. Rockefeller : Worlds first billonaire and founder of Standard Oil
Hi Geblin,
Always nice to receive those ‘extra’ or ‘special’ dividends. Just one of the many perks of being a dividend growth investor. Let’s all keep marching along towards the finish line of 2015. I am curious to read the annual reports among all the dividend bloggers and seeing how many succeeded in achieving their dividend goals. Thank you for sharing your thoughts.
Nice YOY increase, DivHut! My November was pretty solid too but not quite as good as yours. Need to stock up on more of those nice yielding Canadian banks. Also, I poorly timed a sale of CAT for tax-loss harvesting purposes. I missed November’s dividend but did lock in a capital loss so it wasn’t too bad.
January will be an exciting month. I always like it because it means I can once again contribute to the Roth. As you mentioned, REITs might be a good addition since people may be dumping their “interest rate sensitive” stocks.
Scott
Scott @ TwoInvesting recently posted…November 2015 Income
Hi Scott,
Thank you for your kind words and continued support. I can say with confidence that my November results were a direct result of my Canadian bank holdings. After all the investments I made in them earlier this year it’s nice to see those stocks starting to bear some real dividend fruits. They still look good to me going into 2016 and if prices remain depressed I plan to add to my current holdings of TD, BNS and RY. The REITs also are looking good to me but have bounced back quite a bit from their lows of early November. The bottom line, I don’t doubt that we’ll be getting another chance to buy into the sector. Thank you for commenting.
Another good month for you. Keep up the good work! I enjoy seeing others’ success in investing. It helps keep me motivated.
Hi DD,
There’s no doubt that these are the best posts to write and read. Thank you for your kind words and continued support. Looking forward to seeing how 2015 will close out for myself as well as many of our fellow DGI bloggers. Thank you for commenting.