It’s astonishing how quickly this year has flown by… they say time flies when you’re having fun. I must have had a blast this year as I feel like I just woke up and the year is almost over! Crazy!
November Dividend Income
This month I received $1,442.36 in dividend income! On average, I was paid $37.96 from 38 different companies! This month’s dividend income is a great 29.06% increase over November 2108.
To put things in dollar figures, that’s exactly $324.73 more dividend income than last November!
Dividend Income - November 2019
|1/11/19||General Mills, Inc.||GIS||125.66|
|4/11/19||CVS Health Corp||CVS||94.50|
|5/11/19||Cracker Barrel Old Country Store, Inc.||CBRL||13.00|
|6/11/19||Lowe's Companies, Inc.||LOW||80.30|
|8/11/19||Bank of New York Mellon Corp||BK||8.68|
|8/11/19||American Express Company||AXP||14.32|
|14/11/19||Delta Air Lines, Inc.||DAL||40.25|
|15/11/19||Costco Wholesale Corporation||COST||25.35|
|15/11/19||Realty Income Corp||O||64.29|
|15/11/19||Stag Industrial Inc||STAG||14.30|
|15/11/19||Main Street Capital Corporation||MAIN||11.28|
|15/11/19||Genie Energy Ltd Class B||GNE.A||7.97|
|15/11/19||Hormel Foods Corp||HRL||26.25|
|15/11/19||Procter & Gamble Co||PG||50.94|
|15/11/19||A. O. Smith Corp||AOS||6.00|
|18/11/19||Texas Instruments Incorporated||TXN||44.10|
|19/11/19||British American Tobacco PLC||BTI||68.47|
|15/11/19||National Retail Properties, Inc.||NNN||67.47|
|15/11/19||Kinder Morgan Inc||KMI||2.50|
|15/11/19||Omega Healthcare Investors Inc||OHI||100.00|
|22/11/19||Royal Bank of Canada||RY||13.41|
|22/11/19||Charles Schwab Corporation Common Stock||SCHW||1.70|
|22/11/19||Constellation Brands, Inc. Class A||STZ||9.75|
|26/11/19||Bank of Montreal||BMO||3.88|
|29/11/19||Simon Property Group Inc||SPG||14.70|
|29/11/19||PowerShares Preferred Portfolio||PGX||2.99|
|∑ = 1,442.36|
Here is a chart of my passive dividend income progress over the last 5 years.
Here are the dividend stock purchases I’ve made between November 2018 and 2019 that have fueled this dividend income growth.
The dividend portfolio has been updated.
This November’s dividend income covers my utilities, insurance, phone and food for the month!
November Dividend Growth (Dividend Increases)
Below are the realized dividend increases I received this month.
This month I received 5 increases. Three of my holdings increased their dividends by over 10%! $TNX with a 16.8% increase contributed the most to the portfolio’s dividend growth this month.
Dividend Increases - November 2019
Name Ticker New Div Old Div % Increase Shares Addl Income American Express Company AXP 0.43 0.39 0.1025641026 33 5.28 A. O. Smith Corp AOS 0.24 0.22 0.09090909091 33 2.64 Texas Instruments Incorporated TXN 0.90 0.77 0.1688311688 40 20.80 Starbucks Corporation SBUX 0.41 0.36 0.1388888889 123 24.60 Royal Bank of Canada RY 0.67 0.66 0.01515151515 17 0.68 Name Ticker New Div Old Div % Increase Shares Addl Income ∑ = 54.00
November’s dividend increase adds $54 in annual dividend income. This dividend growth is $37.80 more than I received November 2018. This is healthy growth and I’m very happy with the results. November’s dividend increases are the equivalent of investing an extra $1,542.86 of new money at 3.5% yield!
Net worth sputtered higher surpassing last month’s record high!
Let’s do the numbers…
Cash edged up a little last month. The majority of this is due to an accounting error. I’ve forgotten to account for the interest we are earning on our high yield savings account. I guess I could add it to the dividend income section… but it’s not really dividend income. I suppose I could list it as Interest on Cash – INT. Anyway, this month it was $284 and last month it was $310.
I went into this a great deal in last month’s report but I’m still not over it… so I’ll summarize.
We got screwed – a national home builder built us a crappy house, we told them it was crappy and didn’t want to buy it, then they stole our earnest money.
So… now we are spending a little extra time, effort and cash fixing our current home for a possible sale in the future. We are a little burnt out from the home selling process so we may just be happy with where we are for a little while longer.
As far as our rental is concerned, everything is great. Our tenant payed on time and we haven’t heard a peep about repairs.
I’m thrilled with the progress I’m making! The dividend investing strategy is continuing to shine for me. I hope you are experiencing the same kind of success – or greater success of course – in your investing journey!