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. No doubt, these are the best posts to write and read online as it only provides further proof that dividend investing can work over time and that anyone can create an ever growing passive income stream (even with those nasty dividend cuts that come our way every now and then; thank you GE and KHC). Looking back at my November totals I see that my year over year progress is still moving at a nice clip and I look forward to calculating my 2019 totals in a few weeks. With that being said, let’s take a look back at my November 2019 dividend income.
Dividend income from my taxable account totaled $584.61 up from $401.25 an increase of 45.7% from November of last year.
Dividend income from my ROTH account totaled $246.58 down from $251.50 a decrease of -2.0% from this time last year.
Dividend income from my IRA account totaled $139.07 down from $177.23 from this time last year. A decrease of -21.5%.
Grand total for the month of November: $970.26 an increase of 16.9% from November 2018.
Brokerage Account
Year to date dividends: $8,346.93
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 11/01/2019 | T | A T & T INC | $33.66 |
| 11/01/2019 | GIS | GENERAL MILLS INC | $118.58 |
| 11/12/19 | APD | AIR PROD & CHEMICALS | $47.56 |
| 11/15/2019 | ABT | ABBOTT LABORATORIES | $25.28 |
| 11/15/2019 | ABBV | ABBVIE INC | $217.21 |
| 11/15/2019 | CL | COLGATE-PALMOLIVE CO | $7.74 |
| 11/15/2019 | CLX | CLOROX CO | $18.02 |
| 11/15/2019 | HRL | HORMEL FOODS CORP | $18.06 |
| 11/15/2019 | PG | PROCTER & GAMBLE | $20.89 |
| 11/20/2019 | CAT | CATERPILLAR INC | $77.25 |
| 11/29/2019 | WAB | WABTEC | $0.36 |
| Total: $584.61 |
ROTH Account
Year to date dividends: $2,450.10
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 11/01/2019 | GIS | GENERAL MILLS INC | $27.93 |
| 11/15/2019 | ABBV | ABBVIE INC | $68.50 |
| 11/15/2019 | HRL | HORMEL FOODS CORP | $1.89 |
| 11/15/2019 | PG | PROCTER & GAMBLE | $8.20 |
| 11/20/2019 | CAT | CATERPILLAR INC | $66.95 |
| 11/22/2019 | RY | ROYAL BANK OF CANADA F | $70.24 |
| 11/29/2019 | SBUX | STARBUCKS CORP | $2.87 |
| Total: $246.58 |
IRA Account
Year to date dividends: $979.76
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 11/19/2019 | HCP | HCP INC REIT | $64.75 |
| 11/21/2019 | WELL | WELLTOWER INC REIT | $68.60 |
| 11/29/2019 | LTC | LTC PROPERTIES, INC. REIT | $5.72 |
| Total: $139.07 |
I’ll gladly take a year over year increase of 16.9%. Some accounts refelected lower year over year income because of sales I made in the last few months, notably Sabra Health Care REIT, Inc. (SBRA) and LTC Properties, Inc. (LTC) among others in my accounts. The proof of our dividend investing strategy rests in these real results. After all, dividends don’t lie. It’s real cash being returned to investors. With patience and consistency these results and better can be achieved. Just remember, sometimes investing with blinders on can be beneficial as it blocks out the constant noise we are bombarded with on a daily basis and keeps you focused on the job at hand which is to keep investing, not falling for market timing traps, diversifying, not getting shaken out of the market when it tumbles and just creating a solid, ever growing passive income stream.
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
17% higher than a year ago is fabulous progress. Keep up the great work!
R2R
Nice results as always, DivHut.
ABBV, GIS and CAT delivered the lion’s share in November. Wow.
Looking forward to seeing how you finish out the year. Bring it home!
Engineering Dividends recently posted…A of I – Wall Street’s Top Dividend Stock Picks for 2020
Hi ED,
Those are some of my bigger positions. Of course, nothing comes close to my BP holding. Still not sure what to do about that monster. Thanks for commenting.
Hi R2R,
Thanks for the continued support. I’ll take double digit year over year gains any time. Look forward to seeing what 2020 brings and how BTC will do too 🙂
$217.21 only from ABBV! It is insane 🙂
Good job DivHut.
Druss recently posted…Setting goals for 2020
Hi Druss,
ABBV is one of my larger positions. I also had some ABBV income from my ROTH holdings. Keep on investing.
Great month DH! We share no less then 5 companies this month so that says something. 🙂
Let’s finish this year strong!
Hi MR,
Having portfolios overlap to some extent is pretty common among our DGI community. Keep on investing and growing that passive income stream.
Super month DH! So close to breaking the 4-digit mark. Great 17% YOY growth! Keep up the great work! 🙂
My Dividend Dynasty recently posted…November 2019 Dividend Income
Hi MDD,
It was a great month. Putting up double digit year over year gains is something I will always welcome. Look forward to seeing what 2020 brings.
Great progress and our portfolios have a little overlap. Hopefully even faster growth is ahead for both of us.
Hi FF,
Let’s keep investing, reinvesting and enjoying those raises when they come. Look forward to a strong 2020!
$970.26 with 16.9% YoY is awesome. Keep it going! That 10% ABBV dividend increase is really going to go a long way with that position!
Divcome recently posted…November 2019 Dividend Income & Recent Buys
Hi Divcome,
I’ll never complain about a solid double digit year over year gain. You have to love the power of dividend investing 🙂 Many of us will enjoy that ABBV raise in 2020.
Full steam ahead DH! Another solid month and nearly $1k across all of the accounts. Dividend cuts are a nature of the beast and all we can really do is focus on what we can control and that’s identifying companies that you believe will continue to grow their dividend and then investing regularly.
JC recently posted…The Hidden Benefits Of Zero | Should You DRIP Your Dividends?
Hi JC,
Cuts definitely suck but it just goes to show that even dividend cuts can’t stop the passive income from growing if you are sufficiently diversified.
Way to go! Not sure if it was your blog or someone else’s, but ABBV has been a great contributor for me too.
Scott
Scott recently posted…Portfolio Realignment – Diversification Part 2
Hi Scott,
ABBV has been a great winner ever since the spin off from ABT. I continue to hold both.
Almost at 1K,Almost lot of same names we share,i get ideas from blog on what companies to look at.I think o purchased ABBV based on reading your blog
Hi desidividend,
Nice to know we share a lot of the same names for the month. Over time, many DGI portfolios start to resemble one another. ABBV is still one my favorite stocks long term. There will always be some near term shocks and instability but over the long haul I plan to keep it.
DH,
Going to cruise past that 9k mark in taxable money by the year’s end, which is the real sweetness right there.
– Gremlin
Hi DG,
You said it. I think I want to focus more on my taxable account in the years ahead. I know it might not be the most sensible from a tax perspective but I do like the idea of being able to utilize my money when I want to and not be subjected to the whims of new laws and age withdrawal limits put on us by the government. Make money, pay taxes on it and use it when and how I want. I like that 🙂
EXCELLENT results DivHut! Great to see the awesome progress 🙂 I’m near the $6k/yr. mark, so not quite to your level yet, but earning and burning all the time so that I have more capital to work with 🙂
Upward and onward! -Ramey
Hi MR,
Keep doing what you’re doing. DGI is all about that slow, long, marathon of investing to build up passive income share by share and dollar by dollar. There is no fast forward with DGI.
wow nice Keith
Love that abbvie div and cat one. I’d love to eventually own cat.
That Canadian bank looks nice in there too! keep it up Keith.
cheers
Passivecanadianincome recently posted…Passive Income – November 2019
Hi Passivecanadianincome,
CAT has been with me since the beginning. I know some in the DGI space don’t like it but over the last ten plus years it’s been fine and the dividend safe. BNS might look interesting going forward. We’ll see.
Great month. Abbv and GIS really bringing it home. That ABBV raise earlier was nice. Keep it up.
Doug recently posted…November 19 Dividend Review
Hi Doug,
Love that ABBV dividend. I know there is still a lot of uncertainty about the entire biotech/pharma space going forward but long term I’m sure it will be fine.
DH –
Holy Smokes. Love it. Those dividends are killer and you have quite a few names I’d love to own (Clorox, Colgate, etc.).
-Lanny
Hi DD,
Here we are, 2020. Look out… before you know it we’ll be writing about how fast the year has gone by. Oh well… let’s enjoy the dividend ride till then. Look forward to writing my 2019 results soon.
Great work! The YtY growth will really pay off down the road!
Hi CDB,
Always appreciate the comment. Look forward to seeing how 2019 ended.
That’s a great month for you. Congratz.
Hi KD,
Thanks for the comment. Look forward to posting my December totals soon.
Hi! Since I have been following your blog for a long time, I would like to ask your opinion about my results so far! You can find the translator application in the sidebar for translation. Thank you in advance for your answer!
https://osztalekcsaszar.blogspot.com/2019/12/unnepi-hirlevel-es-eves-osszefoglalo.html
Hi OC,
Thank you for following DivHut. I can’t give out any formal opinion but I do see you hold many well known, solid dividend paying stocks. Congrats on starting out on your own dividend growth journey. I had a great time in Hungary too by the way. I visited about ten years ago.