Dividend Update - November 2013
November is now in the books and now it's time for again for my favorite monthly update, my dividend update. These dividend updates reflect all dividends that I receive through my investing pursuits and I hope can help inspire you to take control of your own finances and investing 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 opens up all sorts of possibilities. November treated me quite well on the dividend front, although it was a decline from August. You can check my dividend income or progress page to see what dedication to an investment plan can give you. I was able to set a personal best in dividends received during a month during September which is great motivation for me to continue on.
I received a total of $136.10 in dividends in my FI portfolio in November and have received a total of $2,011.64 so far in 2013. However, November was another zero payment month for my Roth IRA so I'm still at $170.38 dividends received. I was hoping to reach my my goal of $2,750 in dividends/option income for 2013 by dividends alone, but that's pretty much out of reach. I'll end up about $200 short of that, but that's still fine by me as the goal does include option income which I've received over $1,400 this year so the total was passed quite comfortably. For my FI portfolio November saw a 21.9% decrease over August 2013 and 124.8% increase over November 2012. The decrease from August was mainly due to Vodafone's semi-annual payment occurring in August but not November. If you back out VOD's payment then November was an 11.4% increase. I haven't been able to add funds to my Roth IRA so far in 2013 and don't think I'll be able to due to passing the MAGI limits for contribution. It's a shame but it's still a good problem to have. I could still go the backdoor contribution route but that would require me to pay some taxes as I currently have money in an IRA that has pre-tax contributions so I'd only be able to contribute based on the ratio of taxed vs non-taxed contributions which would limit me to only about a $1,700 contribution for 2013.
My FI portfolio's forward 12-month dividends increased to $3,335.13 so I'm now averaging over $275 in monthly dividends going forward. This is 95.29% of the way towards my goal of $3,750 in forward dividends by the end of 2013. My Roth IRA's forward 12-month dividends are at $227.95 and will only make baby steps going forward. There was no selling during November, which is how I like it, but I did make two small purchases of Realty Income (O) and General Mills (GIS).
I've updated my Dividend Income and Progress pages to reflect November's changes.
How did your dividends do in November?
I received a total of $136.10 in dividends in my FI portfolio in November and have received a total of $2,011.64 so far in 2013. However, November was another zero payment month for my Roth IRA so I'm still at $170.38 dividends received. I was hoping to reach my my goal of $2,750 in dividends/option income for 2013 by dividends alone, but that's pretty much out of reach. I'll end up about $200 short of that, but that's still fine by me as the goal does include option income which I've received over $1,400 this year so the total was passed quite comfortably. For my FI portfolio November saw a 21.9% decrease over August 2013 and 124.8% increase over November 2012. The decrease from August was mainly due to Vodafone's semi-annual payment occurring in August but not November. If you back out VOD's payment then November was an 11.4% increase. I haven't been able to add funds to my Roth IRA so far in 2013 and don't think I'll be able to due to passing the MAGI limits for contribution. It's a shame but it's still a good problem to have. I could still go the backdoor contribution route but that would require me to pay some taxes as I currently have money in an IRA that has pre-tax contributions so I'd only be able to contribute based on the ratio of taxed vs non-taxed contributions which would limit me to only about a $1,700 contribution for 2013.
My FI portfolio's forward 12-month dividends increased to $3,335.13 so I'm now averaging over $275 in monthly dividends going forward. This is 95.29% of the way towards my goal of $3,750 in forward dividends by the end of 2013. My Roth IRA's forward 12-month dividends are at $227.95 and will only make baby steps going forward. There was no selling during November, which is how I like it, but I did make two small purchases of Realty Income (O) and General Mills (GIS).
| Company | Dividend Amount | DRIP Shares |
|---|---|---|
| Procter & Gamble (PG) | $27.50 | 0.332 |
| AT&T (T) | $9.49 | -- |
| Kinder Morgan Inc. (KMI) | $53.24 | 1.535 |
| Air Products & Chemicals (APD) | $12.87 | 0.118 |
| Realty Income (O) | $4.42 | 0.111 |
| HCP Inc (HCP) | $21.00 | -- |
| American Realty Capital Properties (ARCP) | $7.58 | -- |
| November Total | $136.10 | |
| 2013 Total | $2,011.64 |
I've updated my Dividend Income and Progress pages to reflect November's changes.
How did your dividends do in November?
Congratulations on passing the $2000 mark, PIP. Watching your FY dividends, you will have a great upside trend.
ReplyDeleteRoadmap,
DeleteThanks it's great to see the dividends really starting to build on themselves. I purchased some PEP today as well, not exactly the best price but a decent price, so I increased my dividends by another $45. I'm looking forward to 2014 as the dividends will make a pretty big dent into my expenses.
Thanks for stopping by!
I quite agree with Roadmap, your significant capital contributions this year will really help catapult you to some great numbers over the next few years. And it won't be too long before you crack the $300 per month mark.
ReplyDeletew2r,
DeleteNo complaints here about the contributions. It's really helping to grow the portfolio even faster than I expected. Assuming the price of CSCO and O stay where their at between now and Dec. 20th, I'll be adding 100 shares of each so I'll be up over the $300 per month average moving forward. The dividends are starting to be a pretty serious amount. Next year should be awesome with the DG and further purchases.
Thanks for stopping by!
You are making some awesome progress and congrats on a personal best!
ReplyDeleteAAI,
DeleteI'll just keep chugging along and investing in good opportunities as I see them. It's great to finally crack the $2k mark for the year.
Thanks for stopping by!
Nice progress on the dividend front -- keep it up!
ReplyDeleteDGM,
DeleteDecember will be a great end to the year! With the DG off a larger base and further purchases, 2014 should be a good year for all of us.
Thanks for stopping by!
Congrats on breaking the $2k mark! November was good to my dividends as well. The recent quarter brought a bunch of dividend increases to stocks I hold.
ReplyDeleteFirst Million,
DeleteIt feels good to finally crack the $2k level in dividends received. I love seeing dividend increase announcement from my companies. Why yes, I would like to receive 8% more next year.
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Nice! Soon you will be around $300 average monthly of dividend income, that is quite an achievement.
ReplyDeleteJust passed the $1000 of dividend income per year myself, can't wait to start seeing more dividends getting re-invested.
FabSavings,
DeleteI'm slowly working my way there, but with the 2 put options that should get executed later this month that will push me up over the $300 per month mark. I'd have preferred to hit it a bit earlier in the year rather than the third week of December, but passing a goal is passing a goal. Congrats on passing $1k! The dividends are starting to make up significant contributions which is always a plus.
Thanks for stopping by!
Congrats on another great month, and great year, overall. Looking forward to seeing the progress carry over into 2014!
ReplyDeleteFI,
DeleteIt's been a pretty good year for me, although you've been killing it with all of the rental properties. Your monthly cash flow, even in a down month was stellar. I'm guessing you'll be FI for a portion of 2014! Should be fun to watch. Keep up the good work!
Thanks for stopping by!
PIP,
ReplyDeleteJust one more month in the year and December always rolls in the dough. Increases next year look to be strong, should see some nice income growth, even if the market is flat or down.
-RBD
RBD,
DeleteI can't wait to see what December ends up like. Heck, I already had 6 payments as of the first day. I would definitely love to have a flat or down market as that'll make it much easier to put capital to work. 2013 has been trying for a DG/value investor and you really had to jump on the few opportunities to get good value.
Thanks for stopping by!
Hi PIP,
ReplyDeleteIt's always nice to read who got how much dividends.
Someone should create a table in which all the bloggers are listed with their dividends ...
But I think everyone has received more dividends than I (24 EUR for november 2013 ;-) )
regards
D-S
DS,
ReplyDeleteI've thought of trying to compile something like that but for stock analyses. Unfortunately that's almost a full time job keeping up with that as there's so many bloggers providing great information. I think Roadmap2Retire has that though. It's a great resource to get ideas and analysis of companies you're interested in.
I get stuck sometimes comparing my progress to others', but I always have to remember that we all started at different times and have different investing capabilities. The key is to make sure that you continue to make progress month after month; year after year. And don't worry about the low amount now, I received only $84 over my first 4 months of DGI.
Thanks for stopping by!
DS I just only received a little above 2$, but that's mainly because I just started and had no savings from before :P
ReplyDelete200$+/month is a nice raise in your paycheck even though you reinvest, there's many people who only dream about that. It is so funny to think that just by investing you basically raise your pay every month :)
I love reading other peoples dividend blogs as it really makes me want to push harder for what I want(ER)
Good job PIP!
Life in Center,
DeleteYou've got to start some place! Another year down the road and you'll be doing so much better. Those dividends will start to snowball and when they do it's great. I'll be receiving over $2,600 this year and next year's already projected to be much better than that. Stay focused and committed to the plan and it will work out!
Thanks for stopping by!
Excellent achievement and progress. That's what I love about dividend growth investing. Every dollar invested gives you a tangible and real return you can bank on. Well done, Passive!
ReplyDeleteI am about to achieve my own goal this month: Paying off one of my three mortgaged rental houses. The goal was set this January and I look to meet it this month. In my case, paying off the mortgage will result in an immediate return in the form of Principle and Interest I now get to keep each month totaling $425.00 or $5,100.00/yr. I'm very excited about that.
Pay off my rentals,
DeleteI love DGI for that same reason. A steady cash return month after month, quarter after quarter, year after year. And the best part is that it continues to increase!
That will be a huge life on the cash flow to get that rental paid off. $425 extra per month of positive cash flow is great. What's your plan going forward? Are you going to use that extra cash flow to snowball the other mortgages or use it for investment purposes?
Thanks for stopping by!
Solid month. I am curious to know why some DRIPs are on and some are off? Anyways I think we bought APD around the same time earlier this year, wish I bought more!
ReplyDeleteCI,
DeletePart of the reason is that some DRIPs are off is that I don't want to reinvest high yield dividends back into the paying company as the weighting can get out of whack. Another part is that with T, HCP, and ARCP they should have slower DG going forward so I'd prefer to invest their dividends into higher paying stocks. I hear ya on APD. Should have added more to that position. I think capital was a bit light at the time so I was a bit limited.
Thanks for stopping by!
Congrats PIP!. Great work.... I think I am somewhere similar with my US portfolio. I'll have to do a tally and see where things are at the end of the year.
ReplyDeleteIntegrator,
DeleteThanks so much. Sticking with a plan can yield great results. It's been good seeing some of your non-DG moves. Once I get a larger base up I'll probably dabble with some small positions in more growth oriented companies. BAC is my only real speculation stock right now.
Thanks for stopping by!
Pursuit,
ReplyDeleteNice month! And congrats on crossing over $2k. You're making solid progress month after month. With your income and investing power you'll be seeing some serious compounding over the next few years. The best is yet to come!
Best regards.
DM,
DeleteIt feels good to be able to cross that $2k mark! That's a significant amount right there. I'm already expecting some big things for 2014 although my savings, and therefore investable capital, will go down a bit. Assuming the 2 put options that I have expiring later this month get executed, which they should, then I should receive somewhere around $3,750 next year with no new investments and assuming just 5% growth for most of my positions and 2.5% growth for my REIT's/Telco's and no reinvestment. Bring on 2014!
Thanks for stopping by!
Passive Income Pursuit,
ReplyDeleteGreat month and congrats on hitting $2K with still a big December left! My goal next year will likely be to be in the mid $2K-low $3K range in dividends next year.
SWAN,
DeleteDecember will be a great month for a lot of us DG investors. Are you going to be able to get $1k this year? Assuming the December payout is around the same as September you'll be creeping up close. Keep up the good work!
Thanks for stopping by!
Pursuit,
DeleteYes, I am actually going to fall somewhere between $1500-$1600 for 2013. I just didn't go back and update any dividends before I started the blog.
December will be a record month for me and many of us!
SWAN,
DeleteThat's awesome. Guess December will be a huge month for you. I'm looking forward to 2014 as my expected dividends received should be around $3750 without accounting for any more investments. That's over $300 a month.
Thanks for stopping by!