Dividends

Dividend Income Report December 2019

 

At the end of every month, I will post my Dividend Income Report! This is when I review my portfolio of dividend growth stocks and ETF’s to track my passive income and note any changes that have been made to ensure I am moving forward toward my goal of liquid FI.

I’ll measure the results of each dividend stock purchase, dividend increase, and reinvested dividends to calculate the effect each has had on my portfolio and track my progress.

 

Passive Income

Most of the stocks I own are dividend growers, so I expect my dividends to grow over time increasing my passive income. Owning a small piece of some of the best businesses in the world will generate income that I continue to reinvest to fuel further growth.

With each purchase and dividend increase along with every DRIP, it’s another seed planted that will most assuredly blossom over time and will eventually generate a powerful source of passive income along with that peaceful feeling of financial security.

Liquid Portfolio 

Having a liquid net worth has become my focus over the last several years after a serious health scare when I realized just how Illiquid our net worth truly is.

Each month I tally up all of my purchases/sales and dividend income plus all of the dividend increases I’ve received for the month and then calculate my ever-increasing 12 month forward dividends.

The ultimate goal is to have a solid Liquid portfolio that produces enough income that covers all of my monthly expenses for me to have financial security and peace of mind for my children.  Each dividend income report will map out the steps of my progress.

Dividends Received

My December dividend income results are in for my Liquid FI portfolio.

This month I received $499.91 in dividends from 17 stocks/ETF and a bit of interest from cash on hand in my liquid portfolio.

I was so close to passing the $500 mark.  Missed it by a whole $.09.  I am not disappointed in the least because with the Holiday and having three children, I hadn’t calculated where I may end up for the month so I am so excited to see this number. Wow! 

As a result of new money added and dividends reinvested, the total of my passive income from dividends/distributions YTD is $3257.25.

 My total Passive Income Goal for the year 2019 was $3000.

I will be posting my 2020 Goals in the next day or so.

December was a fantastic month overall. I’ve picked up a few more shares that will in turn earn more dividends that will be reinvested into more shares. Rinse and repeat.

So without further ado here are the dividends I’ve received from my Liquid FI Portfolio for November.  I’ve listed the accounts highlighting their types!

ROTH :
AFL……………$ 1.65  ~ drip

UL……………..$ 28.90 ~ drip

XOM………..$ 85.44 ~drip

JNJ……………$ 57.20 ~ drip

MMM………$10.14 ~ drip

O……………….$ 2.35 ~ drip

KO…………….$ 2.05 ~ drip

MCD…………$ 50.88 ~ drip

VOO…………$8.71 ~ drip

VYM………….$19.79 ~ drip

AVGO……….$3.25 

Traditional:

VTI…………….$31.59 ~ drip

XOM…………$   .87 ~ drip

JNJ……………$   .95 ~ drip

Taxable:

MSFT……….$  .51 ~ drip

VTI……………$51.16 ~ drip

Taxable:

VTSAX……..$139.77 ~ drip

 

~ My plan is to continue utilizing DRIP for the moment as I build out some of my positions. *This becomes more difficult as the market continues to roar higher and higher. 

Interest on Cash: $ 4.70

Total Passive Income for December 2019 ~ $499.91

 

Sales

Sold FB

I sold 197 shares of my Facebook stock this month in my Roth and 30 shares in my Taxable Account after quite a lot of thought. It wasn’t easy to let go because I have held it since their IPO… but I did it.

This sale has nothing to do with the company and where I see it going.  It comes down to my struggle with Liquid FI.

I still hold 170 shares in my Taxable Account. (my children still have all of their FB for the moment.)

Sold all Bitcoin.

*Getting too attached to a Stock.

Purchases

I made a bunch of purchases this month. I should have done a separate post on this but I did not.

Most brokerages have reduced their fees to $0 for trades including mine. Now it makes more sense to get those dollars working faster when they become available rather than holding them for larger purchases and possibly missing an entry point. However, I never try to time the market.

Purchased ~

PM, SPG, KO, JNJ, MO, VZ, XOM 

 

Final Tally 

ROTH: December 2019

Added shares through DRIP. See above.

Total ~ $270.36

Because my Roth is fully funded for 2019 no new dollars can be added and all additions are from dividends received that are not DRIP!

TRADITIONAL: December 2019

Total ~ $33.41

Taxable:

Total ~ $51.67

Vanguard Taxable:

Total ~ $139.77

*I list these two taxable totals separately because they are with different brokerages. 

Summary

  • This month I received a total of $499.91 in dividends from 17 stocks/ETF and a bit of interest from cash on hand in my liquid portfolio.

 

  • As a result of new money added and dividends reinvested, the total passive income from dividends/distributions for 2019 is $3257.25.  My total Passive Income Goal for the year was $3000. I surpassed that nicely.
  • Liquid portfolio – 12 month forward dividends now stands at approximately $5240 approximately!

My Dividend page has been updated to reflect the total for December.

Overall it’s been a fantastic month for the stock market. New all-time highs being reached again and my dividend income report shows fantastic forward motion. But none of that matters when you are focused on passive income from dividend growers.

The market goes up and the market goes down but dividends are still deposited into my accounts.

 

**Liquid Portfolio ~ accounts do not include joint assets or retirement accounts with my husband!

Looking ahead my true focus is liquid FI. Here is why!

 

 

Disclaimer:

As always I am not a professional in the financial industry! 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4 Comments

  • CanadianPassiveIncome

    Fantastic month Michelle.

    so close to 500 but surely you will hit that mark next quarter. Great move selling fb all those funds will propel the snowball to grow at a even faster pace.

    Nice site btw
    keep it up, cheers

  • Engineering Dividends

    Oh so close to $500 for December… nice work. Based on your current forward dividend income, I wouldn’t be surprised if you averaged over $500/mo. in dividend income in 2020 considering you’ll invest more and have dividend raises.
    I’d like to add AVGO to my portfolio given that it’s a tech stock, has a good yield and grows its dividend nicely. I just have to find a good entry point.
    Looking forward to seeing how your portfolio grows in the new year…

    • ScatteredMom

      Oh so close I know. I own 1 share of AVGO and am not currently using DRIP for the dividends. They gave a substantial raise recently too. You’re right finding a good entry point on most is get more difficult by the day. Thank you for stopping by.

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