Thankful For My Dividend Checks | Dividend Update - November 2017

Dividend growth investing is a simple, straight-forward strategy for the average Joe investor.
Dividend growth investing is a simple, straight-forward strategy for the average Joe investor.
It's the end of one month and the beginning of another so it's time for my favorite update: my dividend update.  These dividend updates reflect all dividends that I receive through my investing pursuits. I hope they can help inspire you to take control of your own finances and invest to build a passive income stream. What you use that stream for is up to you, whether it's to fund early retirement, just provide some FI/FU money, or even to provide for an annual vacation; the key is that it can provide options and open up all sorts of possibilities. You can check my dividend income or progress pages to see what dedication to an investment plan can give you.

The middle month of each quarter is kind of like the middle child for my dividend payments.  You love them for sure, but it's kind of constantly overlooked due to not being the first month of a new quarter or the larger paying third month of each quarter.  Nevertheless, the dividends received in the mid-quarter month spend the same as any other dividends.

During November my FI Portfolio delivered $260.81 in dividends.  My Roth IRA is always noticeably absent with the mid-quarter payout and provided $0 in dividends.  Across both accounts, excluding the effect of taxes, I received $260.81 in dividends during November.  

FI Portfolio

On the surface my FI Portfolio was a bit of a disappointment for dividends.  November showed a 7.7% decrease compared to August and a 1.8% decrease compared to last November.  

Part of the discrepancy is due to the timing of dividend payments as some companies have a regular schedule of paying the first month of every quarter and others pay on a normal schedule albeit one that doesn't follow a normal quarterly timeline.  However, as long as the dividends keep getting paid and raised they can follow whatever schedule they want.  

My YTD total is a better representation of the dividends received and 2017 is showing a 0.1% decrease through November compared to last year.  That's definitely disappointing; however, I had done some trimming of positions during 2016 and early 2017 which meant extra dividends received during 2016 that weren't received during 2017.  It should all work out over time and with December's big haul I think I should be able to squeeze out a small increase compared to last year when it's all said and done.

Roth IRA Portfolio

My Roth IRA remained on the outside looking in for the mid quarter month.  There were no dividends received in November within my Roth IRA.  For comparison purposes both the quarter over quarter and year over year change was nil.  However, YTD my dividends received has shown a solid 10.2% increase compared to last year.

Dividend Raises During the Month

November was a slow month for dividend increases with just 2 of my holdings announcing raises that were both rather meager, although I'm not concerned about the slow dividend growth with either one of these dividend champions.  The 2 companies combined to increase my forward dividends by $1.89.  

Through the end of November I've received 44 dividend increases increasing my forward 12-month dividends by a total of $263.56.  That's more income coming my way each year all because the younger me had the foresight to purchase shares in excellent companies.

Looking Forward

My forward 12-month dividends for my FI Portfolio took a step back during November due to General Electric's (GE) 50% dividend cut.  Yikes!  As of the end of November I can expect to receive $5,794.03 in dividends over the next 12 months from the companies in my FI Portfolio.  My Roth IRA's forward 12-month dividends remained at $317.73.  Across both accounts that's a forward 12-month dividend total of $6,111.76.

Monthly Average

Below is the chart showing the monthly dividend totals for each year that I've been investing as well as the monthly average.  It's not always an increase as some companies have weird payout schedules and eventually some positions will get dropped, but the long-term trend is what matters.  Over the TTM our monthly average is at $469.32 which is ever so slightly behind 2016's average of $469.73.  
dividend growth investing, dividends, financial independence, freedom, passive income
My real-life financial independence portfolio's monthly dividend history
Dividends Received Breakdown

FI Portfolio - Dividend Income
Company Dividend Amount DRIP Shares
The Procter & Gamble Company (PG)  $47.18 --
AT&T Inc. (T)  $25.03 --
Air Products & Chemicals (APD) $17.56 --
Realty Income Corporation (O)  $20.09 0.355
General Mills, Inc. (GIS) $31.99 --
Verizon Communications (VZ) $25.99 0.535
Deere & Company (DE) $36.15 --
Omega Healthcare Investors (OHI) $53.77 1.989
Versum Materials (VSM) $0.45 --
Sabra Health Care REIT (SBRA) $2.60 --
November 2017 Total $260.81
2017 YTD Total $4,773.17

I've updated my Dividend Income page to reflect November's changes.

With just December left before 2017 is over how are you doing on your goals?

Please share your thoughts below!

Image courtesy of Stuart Miles on


  1. PiP -

    Real solid spread here, congratulations! I bet you are gearing up to tally the December results. I am betting that month increases the monthly average!


    1. Lanny,

      December is definitely setting up to be a great month and should be my biggest haul yet. Not quite to $1k but it's getting there.

      All the best.

  2. Hi PIP, hoping to see you finish 2017 with a gain, even if a small one. Sounds like you've been making some adjustments this year that will set you up for the future. A nice collection of dividend payers for November with fairly even payouts, too. Your diligent approach will ultimately be rewarded I'm sure. Wishing you a strong finish to the year. Happy Holidays!


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