Happy New Year, everyone!
Well, the markets decided to close out 2017 by climbing higher yet again in December, wrapping up the year in strong fashion. Thankfully, my portfolio followed along, ending 2017 with record dividend income for a month and a year. In addition, a few more dividend raises got sprinkled into the mix, setting me up for even more dividend income in 2018. Here’s a look at the presents that December brought for my portfolio…
The total was $827.84… the highest total I’ve had for any single month, breaking the mark set this past June. It was also just the 3rd time I eclipsed $800 in a month. The Dec. 2017 total was also a 19.34% increase compared to Dec. 2016. This is exciting news to say the least.
A lengthy list of 17 companies paid me a dividend this month. The largest amount came from QCOM, delivering a shade over $107. The least came from V, at a tad under $16.
The 2017 amounts from QCOM, XOM, SBUX and O mainly increased thanks to additional purchases over the past year.
Increased amounts for other companies were a result of dividend increases and reinvested dividends over the past year.
The decreases from TROW, VFC and SWKS were a result of partial sales during the past year.
Only one new December payer showed up compared to last year, and that was TGT. However, it did deliver a tidy sum of over $53 to me.
My CMI and PX positions were closed out over the past year, thus no dividends this time around to compare to last year.
December resulted in a cooling down of the dividend raises that had heated up my portfolio the past couple of months. I did have 3 companies raise their dividend, but the raises were noticeably smaller. REITs WPC and O had small percentage increases. These appear much smaller than typical raises since these two companies tend to raise more frequently than an annual basis. This was WPC’s 4th quarterly raise of 2017, raising 1 cent earlier in the year, followed by three 1/2 cent raises. Meanwhile this was O’s 5th raise of 2017, with the biggest jump being the first one of the year. Annualizing, WPC had an annual dividend raise of ~2.5%, while O had an annual dividend raise of ~5.2%. Finally, I had ENSG with a raise just shy of 6%… which is nice. However, the associated dollar amount that came with the raise wasn’t big since ENSG has a low yield and is one of the smaller positions in my portfolio.
These raises contribute a total of $3.79 to my annual forward dividend income. While this is nowhere near the $90+ boosts from the last couple of months, it’s an increase, and I’ll take it. Every little bit counts!
I’d have to invest $150.40 at my portfolio’s average yield of 2.52% in order to equal the same boost to my annual forward dividend income that these dividend raises provide.
I’d have to say my portfolio finished out 2017 with a bang with regard to monthly dividend income. Record monthly dividend income and nice 19%+ YoY growth.
I finished 2017 with $6,705.87 in paid dividends, a whopping 29.11% YoY increase compared to the $5,194.04 I collected in 2016.
I also finished 2017 with $7,316.98 in annual forward dividend income, a healthy 25.76% increase compared to the $5818.11 I had at the end of 2016.
Finally, just this week I shared a newly minted set of Goals for 2018.
Look for another post next week where I plan to check the 2017 performance of the entire portfolio, as well as its individual holdings.
How about you? Did you finish 2017 on a high note with regards to dividend income? Any records set in December, or for the year? Please let me know in the comments…