Live Off Dividends

Passive Income and Personal Finance

Dividend Portfolio Update: December 2017

This was my best month of all time for dividends and only the second time ever that I’ve broke $200 in one month. I’ve been extremely busy at work the last couple months with the snow so I’ve been pretty inactive with the blog and I apologize for that. I didn’t make any purchases this month so not too much has changed with the portfolio but I still feel it was a good month, as well as a pretty decent year for me.

For those wondering how I make free trades and pay no commissions, I use Robinhood for my dividend portfolio. If you want to sign up, use my link and we’ll both receive a free stock valued up to $150!

These are all the companies that paid me dividends in December amounting to $210.65.

I received $95.39 from dividends in my Roth IRA this month. This brings my yearly total to $321.39 and puts my monthly average for the year at $26.78. This was my best month all time for my Roth, which is pretty cool because I have yet to contribute any money for 2017 yet. That part isn’t cool, but what is cool is that I’ll be able to contribute $11,000 in 2018 (before April 2019). That means my dividends received in this account should be much higher next year.

My dividends year over year in November increased from $196.82 to $210.65. This was a 7.02% increase year over year. For 2017, my average monthly year over year increase was a huge now at 89.00% (excluding January’s 3,558%)! This was by far my worst month this year for year over year growth but it still left my total average growth extremely high, even excluding January’s insane percentage. I would be thrilled if I could maintain anything even close to this percentage for 2018.

 

I received a total of $920.90 from dividends in 2016. I finished the 2017 with a total dividends received of $1,578.94 which is a 71.46% increase from 2016’s total. If I could achieve a 71% increase from 2017’s total to 2018’s total that would put my dividends received at about $2,700. I’m not sure that will happen, but that would be awesome!

My total annual dividends increased this month from $1,478.25 to $1,485.59, while my average monthly dividends decreased from $123.19 to $123.80. This was a 0.50% decrease month to month. For 2017, my average month to month increase is now at 1.40%, my portfolio overhaul had a large impact on this number, it would be around 2.39% excluding April, so I expect to be closer to that number next year.

I didn’t make any purchases this month so my average monthly dividends basically remained the same. I saw a small increase due to organic dividend increases. I have a little bit of cash in my account due to not making any purchases, but still making contributions to my account. This cash should be worth about $2.50/month in dividends, so I expect to see an increase of about that whenever I decide to deploy this cash.

For those of you reading this post wondering how to get started investing, I have written an ebook that outlines just that. It is called Investing In The Stock Market: The Complete Beginner’s Guide. You can check it out here, or click the picture below.

 

Purchases:

No purchases this month.

 

Sells:

No sells this month.

Contributions:

Total: $880.00

Dividend Increases/Decreases: 4 Increases

AT&T increased their quarterly dividend payout from $0.49 to $0.50 per share. This was a 2.04% increase and will earn me an extra $4.08 annually or $0.34/month.

Realty Income increased their monthly dividend payout from $0.212 to $0.213 per share. This was a 0.47% increase and will earn me an extra $1.22 annually or $0.10/month.

Abbot increased their quarterly dividend payout from $0.265 to $0.28 per share. This was a 5.66% increase and will earn me an extra $2.04 annually or $0.17/month.

Mastercard increased their quarterly dividend payout from $0.22 to $0.25 per share. This was a 13.64% increase and will earn me an extra $0.36 annually or $0.03/month.

Together these increases total to $7.70 annually or $0.64/monthly.

 

This chart shows my average monthly increases from organic dividend growth (growth from companies increasing their dividend rather than growth from additional capital invested ). My average monthly organic increase for the year finished at $0.21 up from $0.17 last month. The decrease from GE really dropped this number down. A goal of mine is to get my portfolio to the point to where my organic growth matches my growth from additional capital invested and then eventually surpasses it. For 2017, my average monthly growth from additional capital invested is at $1.60. This number is much, much lower than it should regularly be. My portfolio overhaul affected this number as well. Excluding April this number would be about $2.50, so that is my goal for organic growth as of now. I’m pretty far from this number finishing 2017 with a mere $0.17/month. If all goes well next year I believe this number could be above $0.50, which is still pretty far off, but getting closer.

Rental Property: $650

I received $650 for rent in November. I raised the rent starting in February to $675/month so that will be a nice little boost for 2018.

I’m still behind 11 contributions to my dividend portfolio totaling $4,840 from when I was injured at the start of this year. I also haven’t contributed anything to my Roth IRA for the year yet, so that’s another $5,500 that I need to come up with. As I said, I’ve been extremely busy with work the last couple months and working a lot of overtime. Which of course means more money. I now feel pretty confident about coming up with the $5,500 still needed to max my Roth for 2017. The $4,840 for my dividend portfolio is less important for now given there’s no time deadline like there is with a Roth. I feel pretty confident I will be able to start catching up on that number pretty quickly as well though.

I have yet to start catching up with these accounts because I’ve been waiting since July to close on 3 rental properties. I want to have as much cash as possible for closing, which has finally been scheduled for January 10th. After this I will be hyper-focused on maxing my Roth and then working on my dividend portfolio.

I really believe 2018 will be a huge year for my finances all around. I want to catch up on all my accounts and increase all the contributions I’m making currently. I’m hoping that 2018 will be somewhat of a setup year for me. Meaning that I will be able to get myself back in what I feel is a really solid position so that in 2019 I can absolutely crush it. Here’s to 2018 and building for the future!

Here are all my other monthly Dividend Portfolio Updates if you want to catch up!

Leave a comment and let me know how 2017 went for you! I look forward to hearing from all of you every month!

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2 Comments

  1. Very nicely done, looks like you have done really well this year. Keep up the excellent work overall. Cheers

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