Dividend Income

December 2021 and End of Year Dividend Income & Net Worth Report

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Happy new year!  December (2021) was a fantastic month and saw dividend income rise to the highest total yet.  Dividend growth also had a record breaking month and made an incredible high.  Net worth moved with the market and also made a new high!

December Dividend Income

This month I received $4,067.81 in dividend income! On average, I was paid $40.68 from 100 different companies and ETF/Funds! This month’s dividend income is a remarkable 16.11% increase over December 2020.
That’s $564.51 more dividend income than last December!

Dividend Income - December 2021


Here is a chart of my passive dividend income progress over the last 5 years.

The dividend portfolio has been updated.

Here are the dividend stock purchases I’ve made between December 2020 and 2021 that have fueled this dividend income growth.

December’s dividend income covers everything this month. If I earned $4,000 in dividend income every month, I wouldn’t need to work!

December Dividend Growth (Dividend Increases)

Here are the realized dividend increases I earned this December. Dividend growth is my favorite metric to report and this month WAS THE BEST MONTH EVER.

This December I received 21 dividend increases and 9 of those dividend increases were over 10%!

Dividend Increases - December 2021


December’s dividend increase adds a massive $422.32 in annual dividend income! December’s dividend increases are the equivalent of investing an extra $12,066.29 of new money at 3.5% yield!  Dang!

2021 Dividend Income Wrap-up

So, 2021 was a complete turn around from 2020.  Instead of a handful of companies cutting or suspending dividends, we had a plethora of increases.  The real highlight for 2021 was dividend growth… I had a total of $1,509 of forward dividend increase.  It’s always fun to put that into perspective – that $1,509 of forward dividend income is equal to a little over $42,600 in a dividend stock yielding 3.5%!!!  For further impact, 2021 dividend increases add up to 5.5% of next years current projected dividend income of $27,200!   That’s a decent percentage.  Even better, over time, dividend growth becomes more and more significant!

This year I received a total of $27,294.61 in dividend income! This is a huge overall increase of 23.98% over 2020 total income of $22,015.23. I added a little over $5,279.38 of new dividend income this year!

Here is a chart of my dividend income by the year and month. Things are looking great!

Net Worth

Net worth had a huge month and hit a new high!

Let’s do the numbers…

Cash

Cash, again, continued its planned decline.  I’ve been shrinking my cash reserves for the last few months and have been putting that money into the market.  On top of that, Christmas certainly took a decent hunk of cash this year.  Roughly, to the merry tune of $500!

Real Estate

Other than some decorating, we did nothing to the house or rental this month.

For December, our electricity bill leveled out to $182 for the month and our gas bill went to $53!  That totals to $235.  Apparently, winter and the height of summer have a lot in common in our house.  Hmm.

Also, we received our rent check on time and had zero service calls!

2021 Net Worth Wrap-up

I’ve done this the last couple of years and have have enjoyed the results, so I’ll do it again!

2020 was a big year for us as we downsized our home in preparation for early retirement.  This downsizing maneuver enabled us to reduce our monthly expenses by eliminating our mortgage.  2021 was the first full year that allowed us to reap the rewards of that monthly cost savings and put that money to work into dividend stocks.  You can see a graph of my monthly dividend stock purchases here.

As you can see in the spreadsheet below, my net worth has grown by a bit over $350,000 in 2021!  Which is startling and an insane amount of money to me!  There isn’t much to add to that other than the stock market did all the heavy lifting.  I added of money, of course.  But as the dividend portfolio has grown in size, less and less is required out of me to net larger and larger totals.  Thank you dividend investing!

Wrap-up

With the world healing from COVID, I anticipate even better things from 2022.  Just as I said in my 2020 wrap-up, while the wealth creation is fantastic, the thing I’m most thankful for is my family’s continued good health!

I read this post once a year to remind me of how bad my wife’s last surgery was and how thankful I am for the time we have together!  For me, dividend investing is a means to an end, which is spending more time with my family while I can.  That’s my motivation to keep watching the dividend paint dry.  Dividend investing is slow, but it’s worth the time and effort to be able to buy your freedom.  Keep going!

Merry Christmas, Happy New Year and here’s to a healthy 2022!

I'm a dividend growth investor who is aiming to retire early in 4 years at the age of 45. My goal is to live off the income my dividend portfolio and rental property produce exclusively and leave the corporate rat race. I hope you will join me in this journey!

4 Comments

  1. Congrats on a fantastic month and year DP! Over $4k in December alone and $27k for the year is incredibly impressive. And you’ve got to really love those dividend raises that increased your income over $400. What a great way to round out the year.

    • Thanks JC! I’m super excited about the dividend growth. Hopefully, we’ll continue to see similar large growth numbers in 2022! Great to hear from you!

  2. First off just a great month! Your were getting so many dividends so close together it was like getting dividends everyday. That one gap from 12/20 to 12/27 must of felt an eternity between divvy payments lol.

    • LOL! Funny you mentioned it, I did notice! Good catch! Also, keep up the great work… you’re killing it over there!

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