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Dividend Income Report – December 2019

dividend income

Happy New Year everyone. 2019 is over but there’s one more thing left to take care of:  write the Dividend Income Report for December. Recently, I published my 2019 year in review.   There, I showed how I met some goals and not others.  2019 was a very interesting year with twists and turns, but in the end, it will only make me stronger in 2020.

So, now let’s see how much dividend income I earned in the last month of the year.  

Dividend Income

In December, I received a total of $116.51 in dividends broken down as follows:

NO.STOCKNAMEDIVIDENDS
1EMREmerson$19.87
2GWWW.W. Granger$0.55
3JNJJohnson & Johnson$36.75
4KOCoca Cola$0.90
5MCDMcDonalds$0.75
6MMM3M Company$1.08
7ORealty Income$0.35
8PFEPfizer$1.20
9XOMExxon Mobile$55.06
 $116.51

Wow, $116.51. I can’t believe it. After all, last month’s dividend income showed a total of $7.18. The massive difference comes from the fact that most of my portfolio right now is weighted in 3 companies: EMR, JNJ & XOM. They all paid dividends in December. So, it looks like the months that EMR, JNJ & XOM pay dividends will be my highest months.

I have to admit, it’s a bit encouraging. I knew my portfolio took a hit after I sold stocks, and, as mentioned in previous posts, there’s a small possibility that I might sell some more to help with closing costs. Although, I think that’s becoming more doubtful, but we will see. In any case, getting $7.18 is better than nothing, but getting $116.51 for the month is outright inspiring.

So, all things considering, it looks like I finished the year on a strong note after all.

Annual Income

Here is a graphical representation of the dividends earned this month in relation to the dividends earned in previous years.

Here is the raw data:

MONTH201720182019Rate
January$0.00 $14.93 $37.54 151.44%
February$0.00 $77.66 $141.16 81.77%
March$0.00 $72.93 $136.45 87.10%
April$0.41 $31.47 $55.39 76.01%
May$2.85 $79.33 $142.69 79.87%
June$16.89 $98.51 $160.47 62.90%
July$5.99 $42.32 $59.68 41.02%
August$21.95 $108.44 $147.73 36.23%
September$28.72 $111.15 $151.66 36.45%
October$23.21 $48.09 $3.00 -93.76%
November$62.11 $124.92 $7.18 -94.25%
December$76.51 $140.24 $116.51 -16.92%

As you can see, I earned a NEGATIVE 16.92% as compared to last year. However, that’s a much better loss than the rate was in the previous two months.

Regardless of whether I have to sell additional stocks, there won’t be any new funds going into the portfolio until after I close on the house. Then I will need to re-assess to see how much on a monthly basis I can contribute.

I have a lot of plans for 2020, including starting my own business. Given all my plans, I fully expect that I will slowly ease into the contributions, starting off small and then slowly increasing the amount over time. I want to ensure that I have sufficient funds to cover any unexpected expenses from the condo during the first year.

Also, because of the seasonality of this vacation rental, I want to ensure that I have enough reserves to last me during the slow winter season.



Forward Annual Dividends

At the time of this writing, my forward annual dividends is $501.79. This is a respectable amount. I’m hoping to get back to the days where I am projected to make $1000 a year and beyond. But slow and steady wins the race. I’m not on a sprint but a marathon.

Conclusion

That’s it. The final dividend income report for 2019 is complete. Now, I’m laser focused on 2020, with 2020 vision!

2019 was interesting, but I can’t wait to see what 2020 has in-store. How was 2019 for you? What are your thoughts on this post. Let me know by commenting below.

The post Dividend Income Report – December 2019 appeared first on Dividend Portfolio.



This post first appeared on Dividend Portfolio, please read the originial post: here

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Dividend Income Report – December 2019

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