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 dividend to calculate the effect each has had on my portfolio and track my progress.
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.
Each month I tally up all of my purchases 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 in order 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.
My November dividend income results are in for my Liquid FI portfolio.
As a result of new money added and dividends reinvested, the total of my passive income from dividends/distributions YTD is $2757.34.
My total Passive Income Goal for the year is $3000.
With one month left in the year and each dividend reinvested I will easily surpass this goal and I am already planning for next years goal. Including a stretch goal.
November was a pretty good month over all. I’ve picked up a few more shares that will in turn earn more dividends that will be reinvested into more shares. Rinse and repeat.
So without further ado here are the dividends I’ve received from my Liquid FI Portfolio for the month of November. I’ve listed the accounts highlighting their types!
O……………$ 2.34 ~ reinvested.
KMI………..$ 10.13 ~ reinvested.
ABBV…….$ 62.32 ~reinvested.
AAPL…….$ 7.76 ~ reinvested.
CVS………$ 25.45 ~ reinvested.
VZ…………$ 2.54 ~ reinvested.
GIS………..$ 15.14 ~ reinvested.
T……………$106.15 ~ reinvested.
No dividends received this month.
~ My plan is to continue utilizing DRIP for the moment as I build out some of my positions.
Interest on Cash : $ 5.16
Total for November 2019 ~ $236.99
I made a small purchase in my Taxable account this month. 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.
Taxable: November 2019
Purchased 12.9520 shares of vtsax @ $77.21
Total ~ $1000.00
ROTH: November 2019
Added shares through DRIP. See above.
Total ~ $231.83
Because my Roth is fully funded for the 2019 no new dollars can be added and all additions are from dividends received that are not DRIP!
TRADITIONAL: November 2019
No purchases this month as my IRA’s are fully funded for the year.
- This month I received a total of $236.99 in dividends from 8 stocks 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 YTD is $2757.34. My total Passive Income Goal for the year is $3000.
- Liquid portfolio – 12 month forward dividends now stands at approximately $3175.
My Dividend page has been update to reflect the total for November.
Overall it’s been a fantastic month for the stock market. New all time highs being reached and my dividend income report shows forward motion. But none of that really 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!