Dividends

Dividend Income Report November 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 dividend 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 really is.

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.

Dividends Received

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

This month I received $236.99 in dividends from 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 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!

ROTH :
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.

Traditional:

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

Purchases

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.

 

Summary

  • This month I received a total of $236.99 in dividends from 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!

~M

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6 Comments

    • ScatteredMom

      Hi Doug,
      I am a frequent visitor of Dividends and Hobbies and enjoy all of your posts. We share quite a few of the same investments. It’s exciting watching portfolios grow on their own isn’t it? I am a beginning blogger and really have been made to feel welcomed within the community. Thank you so much for stopping by. Happy New Year!
      ~ M

  • Mr. Robot

    Always nice to find a new dividend blog! Seems like you are building your portfolio very secure and stable. We are 6/8 companies so I must be doing something right! 🙂

  • Engineering Dividends

    Just found your blog. I look forward to following along on your journey.
    Glad to hear that you’ll achieve your income goals for the year after collecting December’s totals.
    I see your Portfolio is not available yet, but it will be a nice addition once you can share it.
    I collected dividends from O, ABBV and CVS in November as well.
    You appear to have a good plan of action in place. Stay motivated, and as always, keep investing.

    • Scattered Mom

      Hi Engineering Dividends,
      Thank you so much! Yes we share a few of the same stocks. However, my positions are not as large as yours. It’s a work in progress. I originally found your blog through another site’s feed and have been peeking in for about a year now. Long before I ever considered my own. It’s very inspiring. I do plan to put my portfolio up very soon. I am not good with downloads and spreadsheets so it will be a painstakingly slow process.

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