Bert’s November Dividend Income Summary

So Lanny jumped the gun a little bit when he posted his November dividend income summary last week.  Hey Lanny…news flash….November ended yesterday, not last week.  Who knows, maybe he had too much turkey on Thanksgiving and forgot that the month wasn’t actually over.  Now that November has officially come to a close and we enter the FINAL month of 2015, it is time to take a look at the dividends received in November and check my progress compared to the previous quarter and year.  As a community, we have made amazing strides as evidence through our monthly summary of dividend income from around the community.  So let’s see if we could keep the momentum rolling in November!

dividend income

Dividend Income Summary

DD- November

This November I received $176.70 in dividend income, which represents a 34.10% increase from the same month in the third quarter and a 52.49% increase from 2014.   Heck yeah!  Months like these serve as extra motivation to keep on going and keep on grinding as I am starting to finally see and feel the impact of this journey towards financial freedom.  While I didn’t receive a dividend from too many companies, unlike September where it seems like every company pays in the third quarter of each month, there were a few key transactions over the last year that have set the table for the growth rates shown above.  Here are some of the highlights:

  • In October, I finally decided to take advantage of the decrease in KMI’s stock price and average-down my cost basis in the oil & gas giant.   That month, I purchased 40 shares of KMI, which added $81 of annual forward dividend income.   The timing of this purchase could not have been better and I scooped up shares a few days before the ex-dividend date, allowing me to capture the November dividend  As you can see above, this purchase nearly doubled the quarterly income I receive from KMI!  Plus, as I mentioned in my purchase article, the receipt and re-investment of the $50 dividend pushed me over the 100 share mark.  This is the first individual stock that I own with a three figure share count and man is it a cool feeling.  It just makes me want to own 100 shares in every company that is in my portfolio.  If only I had unlimited capital…
  • As discussed in my October dividend income summary article, the recently merged Kraft-Heinz Company (KHC) switched the month it paid a dividend from October to November.  I took the hit last month but received the benefit from this transaction in November.   The net impact on my annual dividend income is $0 though, so this switch was just a formality.  I won’t complain too much about this, I just wish my full increase came from investing in a new company versus a company that I own changing the month it paid a dividend.
  •  The transaction I am going to highlight feels like it happened ages ago and I can barely remember it.  But back in January I sold my stake in ARCP for a loss and re-invested the capital I received from the sale in three companies:  HCP, CZNC, and NWFL.  The former two are rock solid community banks that pay a great dividend!  This transaction happened in February, so if you want to see the impact compare the November 2015 and 2014 columns in the chart above. 

Dividend Increases

November was a busy month for companies announcing dividend increases.  While we received some nice increases, the reality of lower annual dividend increases set further in as several large companies announced smaller than anticipated dividend increases.  A stark reminder that a dividend is never guaranteed, let alone a dividend increase.  The following list represents the dividend increases I received during this last month:

  • McDonalds –  The long-awaited announcement from McDonalds resulted in a $.04/share, or 4.7%, increase in their quarterly dividend.  What was crazy is that MCD kept us in suspense as they typically announce their dividend increase in September.   Lanny and I checked their investor relations page every day for two-three weeks between 4 PM and 4:30 PM to see if an announcement was made.
  • Emerson Electric – Well, EMR kept their streak of dividend increases alive….barely.   EMR announce a measly $.005/share, or 1%, in their quarterly income.   This announcement was disappointing when considering the company had a 7% five year average dividend growth rate when I performed a stock analysis in July.   But a lot changed in the oil industry in that time, which surely impacted their earnings and ability to grow their dividend.
  • Kraft-Heinz–  KHC continued their streak of increase their quarterly dividend by $.025/share annually.   The quarterly dividend is now $.575/share, a 4.5% increase.

Summary

11 months down, 1 more to go in 2015.  Man I can’t wait for December to begin.  Not only is it the holiday season, but December is the BEST month for dividend investors as we receive dividends from the majority of companies in our portfolio and capital gains distributions from the mutual funds we own.  I can’t wait to receive my capital gains distributions so I can proceed with my plan to re-rack my mutual fund holdings.  based on the comments and responses I received you all in the investing community.  Thanks for all of your feedback.   I was relatively quiet this month in terms of investing, but hopefully my activity will pick up as I make one final push to knock out my remaining investing goals.   Regardless, all I know is that I can’t complain one bit about the month I had in November.  Any month that sees your dividend income increase, whether it is $.01, $1, or $100 is a great month.  The name of the game is progress!

How were your months of November?  What dividend increases did you receive?  Were they smaller than anticipated or on par with your expectations?  Are you set to defeat your goals in 2015?

 

-Bert

Facebooktwitterredditpinterestlinkedinmail

16 thoughts on “Bert’s November Dividend Income Summary

  1. Looking really good Bert! My November was quite impressive… Post coming up later this week but you were right with major companies issuing small raises but hopefully this wont become a habit. That dividend growth is our lifeblood in the coming years… Need to beat inflation!!

    Keep doing what you are doing! Can’t wait for the December dividends and capital gains to roll in!

    • Thanks ADD! I’m excited to check out your post when I get a chance to sit down with a nice cup of coffee and see read everyone’s articles. I’m assuming the small raises are temporary and are a product of the turbulent market, lower oil prices, and uncertainty that seems to pop up every few months…who knows! But your right, our income stream needs to outpace inflation so we aren’t losing our purchasing power!

      I’m as pumped for December as you are. Thanks for stopping by!

      Bert

  2. Bert,
    Keep pushing those numbers up! I really like KMI, and yet they keep getting hammered. At some point investors will turnaround and see the opportunity they missed.
    MCD’s raise was small, but almost better than I expected. December’s raises for me were pretty solid overall, with MCD being at the bottom.
    – Gremlin

    • Thanks Gremlin. The KMI story is crazy right now, dropping another 7% today. I don’t even know what to think about this stock anymore, so I’m going to hold off on investing more capital until some more details emerge. They promise to keep increasing their dividend, but who knows if the earnings will back the talk up. Only time will tell, but it’ll be a fascinating story as it continues to unfold.

      Bert

  3. Bert,

    Congrats on the great month. Gotta love 53% YOY growth. That’s moving the needle in the right direction. 🙂

    That KMI dividend is pretty sweet. Just imagine being Richard Kinder in November. Must be nice…

    Keep it going!!!

    Cheers.

    • Jason,

      Thank you very much! Wouldn’t it be awesome if I was able to keep up a 53% growth rate every month/year! I’m pretty sure I would be sitting on a beach having a nice drink! While Richard Kinder is a bus guy, I’m sure his dividend check had quite a few more zeros after the other figures than mine.

      Thanks for stopping by!

      Bert

    • Thanks Captain. The KHC dividend getting pushed back definitely gave the second month of each quarter a nice boost for me. While I wish it came from December instead of October, I really can’t complain. Heck, at the end of it all, I still am getting the dividend income and that’s all that really matters, right?

      Let’s keep the good times rolling towards financial freedom!

      Bert

  4. Thanks for sharing Bert. You’re on your way to greater heights bud. 1 month at a time. The trend is always moving upwards and I’m super happy for your progress. You’re doing wonderful. Keep staying hungry and committed to building it up and Life just keep getting sweeter and sweeter. Receiving Passive Income through dividends is Addicting!
    Always a pleasure my friend and take care. Cheers.

    • HUSTLER!

      Thank you very much for the inspiration. This is the best addiction one could have. I want a 50% growth rate every month now haha You are right though, the important thing is that we are moving forward and taking a step closer to financial freedom with each month and dividend check that passes.

      Have a great evening. And most importantly…Keep on Hustling!

      Bert

  5. Hey man good results on the dividend growth. I am curious to read the rerack post. Yes December is my fav month as well for dividends. Good luck.

    • Thanks EL! I’ll make sure to keep you and others updated on what I decide. I think I know the answer, but I don’t want to ruin the surprise. What fun would that be haha Let’s enjoy our favorite month and end 2015 in style!

      Bert

  6. Congrats on the figures for November Bert! I particularly like the fact that you have invested in good solid dividend paying companies.
    The growth from last year is absolutely great. I have just started my own journey investing in Dividend growth stocks. Any tips you have on the early stages of the journey/process would be great.

    • Thank you very much! Glad that you have decided to join this fun/addicting journey. My advice would be to just keep on investing in quality stocks. I know that sounds ridiculous, but if you can’t go wrong investing in companies such as O, JNJ, PG, ED, and so many other great dividend stocks. I guess the other important thing I would suggest is don’t chase yield for the sake of accumulating dividend income. You maybe tempted to invest in companies with juicy dividend yields to pump up your dividend income now. However, is their dividend really safe? That’s the million dollar question. So hopefully this helps get you started in the right direction. Best of luck in your journey. We are looking forward to joining you for it!

      Thanks for stopping by. Hopefully we will see you around here more often.

      Bert

Leave a Reply

Your email address will not be published. Required fields are marked *