More Dividends Update from November 2019




More Dividends - Dividends Income


All work and no play makes Jason a dull boy. Well, unfortunately during most of November I was a dull boy. I picked up a lot of overtime hours during the month and continued to bank more money. At this point, I have almost maxed out my RothIRA so I will continue to just sit on cash until I see some good opportunities out there.

I hope that everyone had a great Thanksgiving! I was able to gather with family and celebrate with a lot of delicious food.

Instead of following the masses and going out shopping on black friday, I decided to go hiking up in the mountains. After I edit some of the pictures from the trip I intend to post them soon!

Until then, let’s take a look at what all has been going on in the portfolio since last month.

Stock Additions

While I have been putting money into my brokerage account because the markets have been at all time highs I have chosen not to invest in anything yet. I will keep stockpiling the cash until I see some good opportunities to invest.

Dividends Received

My dividend income for the second month of the quarter should have still been increasing but because of circumstances outside of my control that was not the case. When WestRock (WRK) announced their dividend it stated that the dividend would not be paid until December. I am not sure if the company will continue to pay the dividend during the last month of the quarter or if this was a one time event. Regardless my quarter over quarter income actually saw a small loss as a result of it. It is not a huge concern to me because it isn’t like the company quit paying their dividend all together.

Apple (APPL) – $1.59 – Reinvested

General Mills (GIS) – $9.14 – Reinvested

Hormel (HRL) – $2.52

Realty Income (O) – $6.31 – Reinvested

Omega Healthcare Investors (OHI) – $28.14 – Reinvested

Procter & Gamble (PG) – $5.42

STAG Industrial (STAG) – $1.31

AT&T (T) – $25.50 – Reinvested

November was the second month of Q4 and accounted for $79.93 of my 2019 Dividend Income.

In total during 2019, I have earned $815.27 in dividend income!

So far my dividends received looks like this

MoreDividends Income November 2019

Dividends Received By Year

Year over year, I saw a -1.11% decrease in dividend income. The whole reason for this was the movement of the WestRock dividend. Overall, it will not affect my dividend income for the year so I am still ok with it!

Dividend Income November 2019
More Dividends Portfolio November 2019 - 2

Portfolio Allocation

With no new additions to the portfolio all of the changes that you see here were all caused by the fluctuations in the market. With the markets at all time highs, I am looking more at my portfolio allocation as I am considering my next purchases.

More Dividends Portfolio Allocation November 2019

Current Portfolio

The portfolio is doing great. With each reinvested dividend I am seeing more and more of the compounding effect! I am very excited to continue to see this portfolio grow through smart acquisition.

More Dividends Portfolio November 2019

MoreDividends.com Articles

Here are the 6 articles that I posted on MoreDividends.com during November from oldest to newest.

Emerson Electric Increases Their Dividend 2%
More Dividends Update from October 2019
Millionaire Success Habits by Dean Graziosi
WestRock Increases Their Dividend 2.2%
Daily Hacks You Can Use to Save More Money
Hormel Increases Their Dividend 10.7%
How to Manage your Money Better in 2020

If you are interested in posting a guest post, just head over to the Contact Page and send me a message.

Conclusion

Overall it was an alright month. I continued to produce and reinvest some dividend income. I am building up my cash reserves for the time when I can find some good buying opportunities. I am continuing to build onto More Dividends and to grow the blog and awareness.

You have heard about what has been going on here lately! Leave me a comment down below and let me know how your portfolio performed during the month of November.

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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