December turned out to be a great month for me. I almost received a dividend income this month equal to that of the whole first quarter. I am very excited to reach a milestone of receiving a $100 in a single month and I feel like I will be able to do this very soon. After finishing my last book about Ben Franklin, I quickly jumped into another book which I will be posting about in the near future. I thoroughly enjoy the amount of reading time that I have had lately.
My portfolio has largely been on autopilot lately but it is still working for me nicely. Some new purchases are in the work and I am excited to share those with you in the future a long with several of articles that I am working on.
So let’s take a look back and see how my portfolio has changed during the month of December.
There was no major additions to my portfolio during the month for good reasons. I am looking into a couple of additions to my portfolio in the near future so keep your eyes open for this.
December produced the most dividend income for me yet. As mentioned above I am highly anticipating the $100 in a single month milestone. I feel like I will easily be able to reach this before the end of Q2 in 2018.
**NEW RECORD MONTH**
Archer Daniel Midland (ADM) – $3.87 – Reinvested
Bank of America (BAC) – $8.25 – Reinvested
Emerson Electric (EMR) – $5.05 – Reinvested
Flowers Foods (FLO) – $5.69 – Reinvested
Kroger (KR) – $2.25
Microsoft (MSFT) – $3.80 – Reinvested
Pfizer (PF) – $6.85 – Reinvested
Southern Company (SO) – $6.28 – Reinvested
Stag Industrial (STAG) – $1.29
Target (TGT) – $11.63 – Reinvested
Wells Fargo (WFC) – $4.04 – Reinvested
Exxon Mobil (XOM) – $10.80 – Reinvested
Acorns Portfolio – $5.61 – Reinvested
December was the last month of Q4 and accounted for $80.68 of my 2017 Dividend Income.
In total during 2017 I earned $453.13 in dividend income!
So far my dividends received looks like this
Dividends Received By Year
Year over year, I saw a 61% increase in dividends earned during the month of December. The reinvested dividends helped out here but the additions were the real powerhouses. I hope to be able to continue producing this kind of year over year growth but I am seeing the growth rate slow down the larger the amount of dividend income grows. I do not mind as long as I continue seeing growth because I will not be able to keep up the growth by purchases a long.
With no big additions to my portfolio there isn’t going to be a big change in the allocation. Any changes are just caused by the movements of the market.
My portfolio hasn’t changed a lot since November. The only changes that have happened are all because of the market. So I am pleased with my current holdings.
Here are the articles that I posted on here during December from oldest to newest.
More Dividends Update From November 2017
What numbers I pay attention to
100th Post Celebration
Dividend Increase – Pfizer (PFE)
Benjamin Franklin: An American Life
If you are interested in posting a guest post, just head over to the Contact Page and send me a message.
What a great way to end the year. A new record high for dividend income. Some great new articles were posted. Some good books were read.
The MoreDividends portfolio is chugging along nicely. I engage in a lot of investing outside of this portfolio and I will be sharing some of these vehicles in the future. I am constantly learning and always looking for new ways to grow my wealth and knowledge.
It has been a great year but I am looking forward to what 2018 brings for me.
As always I look forward to reading all of your comments and questions, until then….. happy investing!
-Jason from MoreDividends.com
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