Lanny’s November Dividend Income Summary

Hope everyone had a great Thanksgiving weekend!  Not only does that mean that the Holiday season has started up, but it also means that November has wound down, with one more month left to go in 2016.  The dividends are officially in and I’d like to share, compare and go over the results!  Let me put my rake away, from the last fall of leaves, and bring out my November dividend income for the month.

dividend income

Dividend Income

This was another record month in November, I received a total of $321.54.  Very consistent names here, with a decent number of entities sending checks my way, see the table below.

nov-lb-div-inc

With the 13 different entities paying me above, this is greater than the 11 at this point last year.  When seeing the comparison, below, the two different pops really come from Citizens and Northern (CZNC) and Norwood Financial (NWFL) within my retirement accounts.  What’s funny is that Kraft (KHC) paid a dividend last year in November, but this year it was in October, therefore, the results are even better than what it appears, when looking at it year over year.

Similarly, I have split out between the individual stock amounts and the retirement accounts, as the ” – R” indicates a Roth IRA dividend (or the furthest column to the right, I forgot the “R” this time).  I separate these two, as I like to know what portion of my dividend income is coming from those retirement accounts that I cannot touch until 59.5 (barring any other usage rule I could use).  Here, it shows that I received a total of $160.03 or 49.7% of my income from retirement accounts and the other 50.3% was from my individual taxable account portfolio.  This is the first time I’ve ever seen this close of a split!  $160 is up from $73 last year and this shows from retirement accounts that I’m all ready for my set it and forget it mentality to keep that income going.  To see my portfolio – one can go to our portfolio summary page.

dividend income year over year comparison

2015: dividend income

2016: nov-lb-div-inc

Overall, the growth stood at $27.97 or 9.52% from last year to this year.  That is very strong and I’ll take an almost 10% increase any day!  Additionally, when looking at the individual stocks, outside of my best friend Kinder Morgan (KMI), the income is higher per entity that has paid me (HCP was split down due to spin-off).  What’s funny is hw large the percentage increases are for some.  Such as Realty Income (O) growing at 10.29% and Senior Housing (SNH) at 9.7%.  Don’t worry, AT&T (T) is hanging tight at 7.41% growh year over year.  I’m loving.  Based on the 9.52% growth experienced this year, November of 2017 (using the same rate) should end up being over $350!  That is without considering any new/additional purchases.  Looking forward to 2017, that’s for sure.

dividend increases

nov-lb-div-increases

Okay, okay, not too bad here.  November did not showcase an immense amount of growth, but I had 3 solid companies increase their dividend.  Emerson (EMR) kept it’s “great” track record for minimal dividend growth from last year, and then Rockwell Automation (ROK) came in with a much smaller pump compared to last year.  That’s okay, as Chimera (CIM) swung in to pinch hit this month (not expected, at all).  There were a few entities I was hoping would increase in November, and that was Intel Corp (INTC) and Canadian Imperial (CM).  December, maybe?

Dividend Income Conclusion & Summary

Though it was only 9.52% growth year over year, it is positive and in the right direction.  I know that consistency and time in the market will continue to increase this income year, after year and out of the 13 companies above, 6 had dividend increases (not calculating any foreign currency translation).  Very lucky and fortunate!  Now, just to turn that 6 to a 13…

As I discussed with my NEW updated – normal monthly expenditures at the moment, this $322 would cover 33% of my average $984 monthly expense for my house, including utilities; up from last year and covers all of my utilities and house insurance.  All of the investing from last year and moves this year, show being frugal to save 60% of my income, that every dollar counts, has helped me in achieving lofty goals that I set in place for my 2016 year.  However, we all know that I am VERY excited for 2017 to come!

Ready for December already?  This is going to be a great month for all dividend investors, I can feel it.  I truly cannot wait for midnight on Wednesday, as the mailbox will start populating quite a bit with dividend checks!  Are you excited for December?  I know I’m getting ahead of myself and forgot to ask – how did your November turn out?  Happy with the results?  Any last minute actions before the year is over?  Thank you for coming by and please share your feedback, comments and thoughts below!

-Lanny

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31 thoughts on “Lanny’s November Dividend Income Summary

  1. It’s hard to believe that November is just about in the books. If the weather was different I’d say it feels like it should be May.

    Congrats on solid improvement in your dividends especially since KHC’s payment kind of threw things off. But you were still able to get a good increase. I haven’t done my November tally yet but I expect it should be pretty solid. All the best in December.

    • JC –

      Thank you, very, very much. This month is as good as dead, right? Haha, joking, that’s a bad way to look at it.

      Yep, not too bad growth considering the move back of KHC. Excited to read your article once it comes out. I just want December to come rolling in – if the weather wants to continue like this during that month, would be fine by me!

      -Lanny

  2. Some solid growth, despite the cut of KMI. And CZNC is really boosting up the volume in this months payments. Good to see the growth continuing forward.

    November was not a very big month for us, overall we’re pleased. I still have to put everything together for the monthly update, but it will be better than October 😉

    • Divnomics –

      Thank you! Ah… KMI, that beautiful company. Love Richard and am holding to see them clean up their cash flow and finances.

      LOVE CZNC. It’s been a big ride up for them and the dividends reinvested to pick up more shares of the great performing bank has been fun, to say the least.

      PUMPED to read your month, going to dive into articles late tonight and yours is on the docket. Appreciate the comment and best of luck!

      -Lanny

    • DiB –

      Appreciate the comment, it was very surprising that with a decent piece of dividend shifting to a previous month that I would still come out on top, even with KMI’s enormous div cut this time last year.

      Congrats on closing it out. Exactly, don’t close out until it’s definitely a finished month, I like it.

      -Lanny

  3. Hi Lanny,
    Congrats on an awesome month! Having 1/3 of your monthly bills paid for by dividends working tirelessly on your behalf is fantastic!

    Intel typically increase their dividends in March – the December payment remains the same as in September.
    November’s looking like a decrease YOY for me, but mostly because of a larger shift in payments to December. So am very curious how December will turn out. Hope it’s a great month for you too!
    Best wishes,
    -DL

  4. “Consistency and time in the market.” That’s it. That’s one of the most important rules for being a dividend growth investor and your November results reflect that. Congrats on a new record total and for putting up a nice year over year growth. Almost a 10% increase is very respectable and just imagine that type of growth or better for a decade or two or three even. Awesome job. I can’t believe the year is over in a few more weeks. Stay in the game!

    • DH –

      Nailed it on the head. It’s amazing when I have younger individuals in investing asking me what my “best move was”. I usually say – investing when I was younger and it would have been a better move if I did it earlier.

      DH – keep grinding, just have to keep grinding, excited to see your November. Best of luck, as always, keep it going.

      -Lanny

    • Tawcan –

      Thanks!! Much appreciated, not too bad, but damn, should be better, need to be! Especially if I want to achieve the big goals. Pumped to write out the 2017 goals article, very excited to see what I can pull out of my pocket! Enjoy the weekend Tawcan, talk soon.

      -Lanny

  5. You know I’m excited about December. All those mutual funds and ETFs will finally get their big payouts! I’m liking what I see in your portfolio especially the growth in the -R side since tax-free investing is the way to go with dividends. It’s better to reinvest 100% of the dividends versus whatever taxes you have to pay(even if they’re qualified and it’s just 15%, it’s still a big bite out of your long term returns!).

    • TitMB –

      Love that you’re excited as well. Tax free will be a big banger for me as well – I am expected quite a spike from a year over year perspective in that category.

      Reinvestment will be amazing and I expect to add $30-$50 of new forward income upon reinvestment. Ecstatic is an understatement and we are only 2 days in. Let the checks come through the door! Best of luck!

      -Lanny

  6. More than $300 is pretty impressive, especially when including the massive haircut that KMI provided for its investors. I like the view of how your passive income compares to a major bill (or bills). For a month that many people pays less, November was a record month for me, so I’m pretty excited. Onward and upward!

    Chris

    • Chris –

      Thank you very much! Yes, the KMI cut still stings to this day, but I believe they are doing what’s right to make their business better, right?

      I appreciate it, pumped to read your article, appreciate the stop by, as always! Onward and upward.

      -Lanny

    • 2I –

      Thank you very much! Yah, I did notice a few drop offs, I am wondering if it was the combo of these 3 things for some: KMI, HCP and Kraft? Not sure, but very lucky. December is almost a week old! Still have time and ready for the checks : ) Keep it up too!

      -Lanny

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