Thankful For My Dividend Checks | Dividend Update - November 2017
|Dividend growth investing is a simple, straight-forward strategy for the average Joe investor.|
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.
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.
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.
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.
|My real-life financial independence portfolio's monthly dividend history|
|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|
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 FreeDigitalPhotos.net.