Lanny’s November Dividend Income

We are now entering December!  Gearing up after this one for the FINAL dividend posting and last month + to reach your annual goals.  Extremely excited for things coming down the pipeline and dividend income will be looking solid going into December.  Now… to the numbers!

dividend income

Dividend Income

This month, I received a total of $293.57, which is higher than August’s total of $287.34 or a 2.16% increase.  Not too shabby, eh?  I had 11 different payments come in from companies and I cannot be more happy with how this month “paid” out – no pun intended.  Just excited that I have been consistently cruising with dividend income throughout the month.  See Snippet:  

dividend income

AT&T came in as the big company at the round table.  Which is quite funny, given the recent battle and success for my mom over the TV/Internet package deal, don’t worry Bert keep up the pursuit of cutting the cord!  KMI was right behind there and I can’t wait to benefit even more since my last purchase of this pipeline earlier on.  Big moat here.

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 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 small total of $72.93 or 24.84% of my income from retirement accounts and the other 75.16% was from my individual taxable account portfolio.  $72.93 from retirement accounts shows that I’m all ready for my set it and forget it mentality to keep that income going, but given the large amount of income, it’s nice to the bulk of my dividend income from individual stocks.  To see my portfolio – one can go to our portfolio summary page.

Comparison

Now, I look back at 2014 November’s total.  The total then was $147.07.  From a pure percentage stand point, a growth rate of 99.6%, whoa… Not sure if I can keep that up and go from $293 to $585…  2016 would have to be a monster year!  Possibly with new purchases, new dividend reinvestment and dividend growth – I can do this!  11 different companies paid me this month and I had 8 that paid me last year (due to new purchases).  These totals and increases make sense, as I have now cruised passed $6,600 in projected income.  Love seeing that amount go up, that’s for sure. 

Dividend Income Increases
dividend income

So to re-cap, last month of October, the companies that announced an increase in their dividend, have increased my projected income by $28.32 going forward, which was already TWO solid months of increases to my forward income via dividend increases alone announced my companies (Sept & Oct).  This month – was another HUGE month, as you can see in the chart above. Notable increases were from Rockwell Automation (ROK) at 11.54% – MONEY, which added $6.93 going forward and then my Chip Company – Intel (INTC) announced an 8.34% increase going forward, which added $10.04 to my forward income.  Total forward dividend income added from this – $28.45, better than last months!.  This is amazing.  From the last three months alone, I have added $83.57 in additional income, I seriously get excited about this.  Forward income that all I had to do was invest capital into it earlier on and watch it happen.  $83.57 at a 4% rate is approximately $2K in capital needed to produce this, and I didn’t have to.  A few of these dividend increases were discussed in my notable dividend increases for the month post.

Conclusion & Summary

As I discussed back then with my normal monthly expenditures at the moment, this $239 would cover 25% of my average $942 monthly expense for my house, including utilities.  This covers most of my utilities, auto insurance and a few other items – need this number higher, however to cover the big guys – Mortgage/Auto Payment!  All of the investing from last year and moves this year, show being frugal to save 60% of my income help me in achieving lofty goals that I set in place for my 2015 year.  I am looking forward to the final month of December – best time for dividend income during the year (great quarter end for most of us) and is also a challenge if I could beat my December 2014 dividend income!  Thankful and happy to reflect on this month from all of the hardwork.  How did your November month’s go?  Did you crush your goals?  Eat too much Turkey and mashed potatoes?  Did you beat last year’s?  Anything unusual happen?  Please share!  Thanks everyone

-Lanny

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34 thoughts on “Lanny’s November Dividend Income

  1. Awesome month Lanny. Way to go bud. Company raises and capital contribution accelerating your income forward. Just happy for your progress. Over 6600 in forward dividends to ease life’s expenses. That’s wealth.
    Keep consistent and stay hungry and I guarantee you will not regret it. Thank you for sharing bud.
    Happy thanksgiving and happy hunting. Cheers !

    • Hustler,

      Thank you so much for coming by. Don’t you love that raises and acceleration of future income? It’s the best. And I’m closing in on that $6,750 goal… I can tase it.

      Will always stay hungry – that’s for sure, I see you doing the same over there. Hope you are enjoying time with the family!! Always stay on the game DH!

      -Lanny

  2. Hi Lanny,

    Those are some great numbers for Nov 2015! Congrats on the 99.6% increase over 2014. It is always good to keep track of the dividends in your retirement accounts separately from other accounts. Hopefully with dividend increases and additional purchases you can achieve some lofty results in 2016. The overall amount of passive income you’ve generated for the month and since inception are both very impressive. Keep up the great work and Happy Thanksgiving!

    • Dividend Niche,

      Thank you so much and yep – the increase was monstrous. I appreciate the kind words – like keeping track of everything to see how it is all growing, where it’s come from and then where I think/can see it going.

      You keep up the great work as well over there, you are destroying it!!!

      -Lanny

    • AFFJ,

      Thank you for coming by as well! 25% of expenses isn’t enough yet, need to keep that push on big time! Compounding has been so relevant and prevalent.

      Let’s keep perceiving, it’s all that we can do, eh?? LET’S GO!!!

      -Lanny

  3. That is a beautiful 12 month forward outlook! Also, I had never heard of CZNC. Always nice to have a new stock to look into. Keep up the great work!

    -JT

  4. What a solid month Lanny on the dividend income front, congrats! $6,600 forward dividend is looking pretty nice doesn’t it? That’s $550 per month that you don’t have to work hard for. Keep up the great work!

  5. Lanny,

    Great month all around, bud. Fantastic savings rate and you crushed it with the dividend income. 🙂

    KMI and T really pulling their weight up there, as they should. Then it’s just a matter of time (and dividend growth) for some of those other players to catch up over the next 10 or 20 years.

    Keep it up!

    Cheers.

    • Jason,

      Thanks for coming by, as always. The savings rate obviously goes hand in hand with the increasing dividend income.

      I do agree that the other players will climb their ways up too. Excited to see what T will bring this upcoming month in regards to a dividend increase.

      Thanks Jason, keep on posting at least on DTA! Always fun to see what you put out there.

      -Lanny

    • IPD,

      Thanks for coming on by. The compounding impact has been insane this year and if I hit my goal – 2016 has another thing coming as well. PUMPED is all I have to say, need to make time work for you instead of against you, eh?

      Talk soon!

      -Lanny

  6. November was a good month for you. It was a record month for me, and I enjoyed the announced increase from MCD. Gotta love getting raises for doing pretty much no additional work.

    • Chris,

      Thank you greatly. The amazing response has been phenomenal. CONGRATS on the record month for you – love, absolute love hearing that. Pumped we were both able to enjoy that MCD increase – keep that training moving! Thanks again Chris, enjoy the rest of the weekend.

      -Lanny

  7. Great job, Lanny with almost 100% yoy growth and covering 25% of expenses, you have already covered 1/4 of the distance to being financially independent. My passive income also set a record this Nov month. Keep racing!

    • R2R,

      Thank you very much, enjoy the growth and need to find ways to somehow keep the training heading at that same speed, eh? Realistically, I know that it will slow given the $ amount gets higher, which… I am okay with haha.

      New records for you?! That is what it is all about, KEEP AT IT and KEEP SETTING RECORDS.

      -Lanny

  8. This is an early report for November. Nice showing by the way. A slight increase from your August figures and a massive one from last November. Feels nice tallying up these dividend totals… Happy to see a few names in common between our portfolios. I’ll be posting my results in early Dec. so don’t publish your round up without me 🙂 Look forward to a strong 2015 finish.

    • DivHut,

      Came out with it early, since all had come in and thought – hey – why not, right? Jump start the postings on dividend income and it is a light read after eating all of this food.

      We will for sure wait until 10 or so days into December for the roundup. It’s insane – we are FINISHING 2015 year already. Think about it. 12 months, almost over. 12 months of goals and breaking totals… LETS KEEP IT UP.

      -Lanny

  9. Hi Lanny,

    I’ve been following your blog for quite a while and your progressive is really nice. I am just at the beginning of my dividend cashflow and my portfolio is not that big right now, but your progress is very motivational.

    Cheers
    Andy

    • Andy,

      I appreciate the follow and reading of our articles – hope we have been able to help somewhat. Is there anything we can help with? Let us know – we are here for you and to hopefully assist in any questions that you may have.

      Thanks again Andy, hope you have a nice rest of the weekend!

      -Lanny

  10. Hi Lanny,
    It seems you had a great month there. Keep investing and roll that snowball. My month was pretty low on the dividend income but december will be a great month with a few big dividend payments.

    Cheers,
    Geblin

    • Geblin,

      Thank you for coming by. It was a great month, always! The snowball continues to grow, as consistency breeds it. It doesn’t matter if it’s low – you have done a great job and continue to improve, each month. That’s what it’s all about!

      -Lanny

    • ADD,

      Hahaha, dying over here. I just couldn’t manage to exactly double the income year over year, so this sadly will have to do.

      Great month but we are destroying it, hands down, as you said. December I’m sure will have the biggest tally, no doubt. Excited to see how everyone is doing. Keep it up!

      -Lanny

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