More Dividends Update From November 2017
Welcome back readers. November was a calm month for my portfolio and for life in general. I added a couple of shares to some of my smaller positions. I had a great month for dividend income. The nice thing about dividend investing is even when I get busy in life, my portfolio will continue to work for me. Even though there is not a lot of deals in the market lately, I will continue to add to my portfolio when opportunities arise.
So let’s take a look back and see how my portfolio has changed during the month of November.
There was no major additions to my portfolio during the month. I did however add a couple of shares to my positions in Hormel and Kroger. If no other opportunities come around I will continue to add to these positions. I think they are great companies but I only want to add shares if it is below my cost basis.
November was a good month for me. I am seeing some nice growth during the second month of the quarter. This growth hasn’t been directly planned since I don’t care when my dividends are paid. I know that this may leave my dividend income a little lopsided but I am still in the accumulating stage at this point and time. Most of my dividends were reinvested. This will allow me to continue building my positions until I reach a point and decide to turn the drips off.
Apple (APPL) – $1.26 – Reinvested
General Mills (GIS) – $8.43 – Reinvested
Hormel (HRL) – $1.36
Omega Healthcare Investors (OHI) – $23.17 – Reinvested
STAG Industrial (STAG) – $1.29
WestRock (WRK) – $6.26 – Reinvested
November was the second month of Q4 and accounted for $41.77 of my 2017 Dividend Income.
So far my dividends received looks like this
Dividends Received By Year
Year over year, I saw a 145% increase in dividends earned during the month of November. The reinvested dividends helped out here but the additions were the real powerhouses. I added General Mills and a doubled up my position in Omega Healthcare Investors. Hopefully I can continue to produce this kind of year over year growth in the future.
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. One thing I did notice this month is that despite my large positions in the financial sectors, my allocations in those sectors are going down. This is only a result of me adding to positions in other sectors. Let’s take a look at what my current allocation looks like.
With the changes in the market and the very small additions to my portfolio. Let’s see how my portfolio currently looks.
Here are the articles that I posted on here during October from oldest to newest.
Recent Buy – Genuine Parts Company (GPC)
More Dividends Update From October 2017
Dividend Increase – Emerson Electric (EMR)
Dividend Increase – Hormel Foods (HRL)
If you are interested in posting a guest post, just head over to the Contact Page and send me a message.
November turned out to be a good month for me. This month had a combination of small additions, great year over year growth and reinvested dividends. It is nice to see my portfolio hard at work for me. It is great to continue seeing my positions increase their dividends. All and all I am very pleased with where my portfolio is headed.
December should prove to be a great month for me. Hopefully I will be able to set a new record for dividend income. I am going to produce a few more articles next month for the blog. So it is going to be an exciting month to end the year with.
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As always I look forward to reading all of your comments and questions, until then….. happy investing!
-Jason from MoreDividends.com
Nice work. Great increase yr over yr. Good list of companies in the portfolio as well. Keep it up
Passivecanadianincome recently posted…2 Dividend Raises
Thanks PCI. I am hoping to continue the yoy growth but i know as my portfolio grows that will be harder and harder to do. Thanks for stopping by!
Looks like you are doing all the right things with your portfolio. Even if you had a quiet month personally and financially you know those dividends will continue to roll in. Nice picking up some HRL too. It’s bounced back quite a bit from it recent lows. Keep investing and reinvesting to make that snowball grow faster. Happy to be a fellow GIS and HRL shareholder!
DivHut recently posted…December 2017 Stock Considerations
Thanks DH. Its nice when someone says that your doing all the right things so I appreciate it. Yeah, I am glad that we are both shareholders in some great companies and look forward to us growing our positions in those companies. Its always nice to hear from you and thanks for stopping by.
Congratulations on a successful month MD. We have a similar sized portfolio and several of the companies that paid you dividends in November also paid me. Looking forward to seeing how December treats you.
Dividend Portfolio recently posted…November 2017 Dividend Income Report
Thanks DP. I’m proud to be a fellow shareholder with you. I look forward to seeing how December turns out for you as well.
Great work more dividends! Pumped for you. And I like the addition of GPC by the way. Great company. These results are impressive and it is great to see just how far your portfolio continues to grow and some of the dividend increases you have been able to realize. CAnnot wait to see what December has in store for you!
Thanks Bert. I really like GPC but just wished I could have added more but that’s ok there will be more opportunities in the future. Yeah, it is still exciting for me to look at just how far my portfolio has come and I am even more excited to see just how far it goes. I can’t wait to see how December turns out for you guys over at Dividend Diplomats.