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
|1/12/2021||UNILEVER N.V. Common Stock||UL||37.82|
|1/12/2021||Ford Motor Company||F||37.44|
|1/12/2021||J M Smucker Co||SJM||24.75|
|1/12/2021||Global X NASDAQ 100 Covered Call ETF||QYLD||24.71|
|1/12/2021||Conagra Brands Inc||CAG||40.63|
|1/12/2021||W W Grainger Inc||GWW||48.60|
|3/12/2021||Honeywell International Inc||HON||26.46|
|6/12/2021||JPMorgan Equity Premium Income ETF||JEPI||7.65|
|7/12/2021||Johnson & Johnson||JNJ||132.12|
|8/12/2021||United Parcel Service, Inc.||UPS||37.74|
|9/12/2021||Discover Financial Services||DFS||56.60|
|10/12/2021||Exxon Mobil Corp||XOM||184.62|
|1/12/2021||Walgreens Boots Alliance Inc||WBA||23.88|
|1/12/2021||Otis Worldwide Corp||OTIS||1.20|
|1/12/2021||Emerson Electric Co.||EMR||14.42|
|1/12/2021||IBM Common Stock||IBM||108.24|
|13/12/21||National Retail Properties, Inc.||NNN||68.90|
|15/12/21||Realty Income Corp||O||86.64|
|15/12/21||Molson Coors Beverage Co Class B||TAP||16.32|
|15/12/21||Stag Industrial Inc||STAG||14.50|
|15/12/21||Main Street Capital Corporation||MAIN||17.05|
|15/12/21||DuPont de Nemours Inc||DD||2.10|
|15/12/21||Old Republic International Corporation||ORI||36.52|
|16/12/21||Prudential Financial Inc||PRU||79.74|
|16/12/21||Raytheon Technologies Corp||RTX||21.93|
|16/12/21||Home Depot Inc||HD||205.05|
|20/12/21||Dominion Energy Inc||D||47.25|
|27/12/21||Lockheed Martin Corporation||LMT||92.64|
|27/12/21||Nationwide Nasdaq-100 Risk-Managed Income ETF||NUSI||13.43|
|30/12/21||American International Group Inc||AIG||8.00|
|30/12/21||Universal Health Realty Income Trust||UHT||7.05|
|30/12/21||Canadian National Railway||CNI||2.89|
|31/12/21||Simon Property Group Inc||SPG||59.40|
|31/12/21||Invesco QQQ Trust Series 1||QQQ||20.18|
|31/12/21||Travelers Companies Inc||TRV||29.92|
|31/12/21||Crown Castle International Corp||CCI||23.52|
|8/12/2021||Tractor Supply Company||TSCO||8.20|
|10/12/2021||Schwab® S&P 500 Index Fund||SWPPX||131.15|
|13/12/21||Schwab US Dividend Equity ETF||SCHD||257.28|
|16/12/21||Duke Energy Corp||DUK||44.22|
|17/12/21||Waste Management, Inc.||WM||8.73|
|17/12/21||Schwab International Index Fund®||SWISX||43.06|
|20/12/21||Kontoor Brands Inc||KTB||1.50|
|21/12/21||Stanley Black & Decker, Inc.||SWK||13.63|
|27/12/21||Suncor Energy Inc.||SU||6.55|
|30/12/21||Union Pacific Corporation||UNP||42.87|
|31/12/21||Invesco Preferred ETF||PGX||2.89|
|1/12/2021||Wells Fargo & Co||WFC||12.66|
|13/12/21||Schwab International Dividend Equity ETF||SCHY||3.85|
|15/12/21||Northrop Grumman Corporation||NOC||15.91|
|14/12/21||UnitedHealth Group Inc||UNH||18.85|
|15/12/21||Fulton Financial Corp||FULT||2.00|
|15/12/21||International Paper Co||IP||13.88|
|15/12/21||NextEra Energy Inc||NEE||9.63|
|15/12/21||Tyson Foods, Inc.||TSN||15.64|
|16/12/21||Organon & Co||OGN||1.12|
|17/12/21||Kraft Heinz Co||KHC||10.80|
|23/12/21||Kinder Morgan Inc||KMI||4.79|
|30/12/21||Gilead Sciences, Inc.||GILD||24.85|
|30/12/21||T Rowe Price Group Inc||TROW||18.36|
|31/12/21||Becton Dickinson and Co||BDX||7.83|
|2/12/2021||TJX Companies Inc||TJX||2.60|
|∑ = 4,067.81|
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
Name Ticker New Div Old Div % Increase Shares Addl Income Ford Motor Company F 0.10 0.00 100.000 355 142.00 Phillips 66 PSX 0.92 0.90 0.022 57 4.56 Honeywell International Inc HON 0.98 0.93 0.054 27 5.40 Visa Inc V 0.38 0.32 0.172 121 26.62 Microsoft Corporation MSFT 0.62 0.56 0.107 68 16.32 Exxon Mobil Corp XOM 0.88 0.87 0.011 159 6.36 Emerson Electric Co. EMR 0.51 0.51 0.010 28 0.56 KeyCorp KEY 0.20 0.19 0.054 143 5.72 Realty Income Corp O 0.25 0.23 0.077 306 64.26 McDonald's Corp MCD 1.38 1.29 0.070 27 9.72 Lockheed Martin Corporation LMT 2.80 2.60 0.077 33 26.40 Nike Inc NKE 0.31 0.28 0.109 150 18.00 Universal Health Realty Income Trust UHT 0.71 0.70 0.007 10 0.20 Simon Property Group Inc SPG 1.65 1.50 0.100 31 18.60 Crown Castle International Corp CCI 1.47 1.33 0.105 16 8.96 Broadcom Inc AVGO 4.10 3.60 0.139 25 50.00 Rockwell Automation ROK 1.12 1.07 0.047 10 2.00 Kontoor Brands Inc KTB 0.46 0.40 0.150 3 0.72 VF Corp VFC 0.50 0.49 0.020 21 0.84 Union Pacific Corporation UNP 1.18 1.07 0.103 31 13.64 Becton Dickinson and Co BDX 0.87 0.83 0.048 9 1.44 ∑ = 422.32
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 had a huge month and hit a new high!
Let’s do the numbers…
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!
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!
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!