Another Record Month Of Dividend Income, A 53% Growth YoY

The year 2019 has come to an end. This means we can draw up the balance. I think 2019 will turn out to be a year in which the snowball effect of compounding really took shape. But there are still two months of dividend income to report about on my blog: November and December. Let’s start with November. December will follow shortly.

Income numbers November

For this month my total amount of dividend income was $353.43. This is the highest amount of monthly dividend income so far. It seems we’re already heading towards a quarterly dividend of $400, after crushing the number of $300 only recently in August. We are steaming up!

Three companies paid me more than last quarter as a consequence of a raise or larger position. Here’s the breakdown:

Apple (AAPL) – $16.94

Abbvie (ABBV) – $64.20

CVS Caremark (CVS) – $17.00

Delta Air Lines (DAL) – $9.26

Realty Income (O) – $3.86

Omega Healthcare (OHI) – $67.00

Starbucks (SBUX) – $19.27

Tanger Factory Outlets (SKT) – $62.13

AT&T (T) – $85.68

Texas Instruments (TXN) – $8.10

This makes the total amount of dividend income for this month a nice $353.43. My dividend income in August 2019 was $331.12 so that’s an increase of 7% QoQ. My passive income for November 2018 was $230.73 so that’s a very welcome 53% YoY growth. This means another high double-digit growth number, I love it! You can see that four companies contribute a very large part to my dividend income. It’s clear I have to diversify more than I used to do: more companies and a more equal distribution. This will be one of my goals for 2020. Here is the graph that shows all monthly dividends YTD as compared to last year:

6C10EA1C-11D0-4A96-9346-E19C97BED963

Transactions during November

I didn’t buy any stocks in November, because I wanted some extra money to invest with towards the end of 2019.

Looking Forward

I earned $2,770.27 in dividend income YTD, which means I surpassed the FY 2018 dividend income of $1,793.09 with almost $1,000.

Thanks for for your time.

Happy investing!

 

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