Dividend Income – December 2014

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Even though I did not hit my goal of earning $1,250.00 in dividend income for the year, it did end on a good note. During the month of December, I set a personal record on dividend income earned!

I look forward to carrying this momentum into 2015 and setting new highs along the way.

Here are my results for December, 2014 –

2014 December Dividend Income Results

What a way to end 2014! I set a new all time high the month of December with dividend income of $146.82.

Based on prior results, January will be lower than December and February will be even lower. But come March I will likely set another all time record.

It is months like this that help keep me motivated in building this side income stream. Just last December I made $92.78 in dividend income, so you can clearly see the progress I am making. I am letting my dividend income earn compounding interest while investing new capital into the market.

December 2014 Dividend Income – $146.82

Note – All of my dividends I currently receive are reinvested into new shares of the same stock using DRiP – except those purchased through my LOYAL3 account.

Here is the breakdown of dividend income (by stock) in December, along with the number of new shares added from DRiP –

  • Aflac Inc. (AFL) – $5.87 (.10 shares)
  • ConocoPhillips (COP) – $13.90 (.19 shares)
  • Consolidated Edison Inc. (ED) – $21.34 (.33 shares)
  • Intel Corporation (INTC) – $10.36 (.08 shares Fidelity and $7.45 in cash from LOYAL3)
  • Johnson & Johnson (JNJ) – $12.18 (.11 shares)
  • Kellogg Company (K) – $.19 (LOYAL3 – No DRiP)
  • Coca-Cola (KO) – $3.80 (LOYAL3 – No DRiP)
  • McDonald’s Corp. (MCD) – $29.03 (.31 shares Fidelity and $.68 in cash from LOYAL3)
  • Microsoft Corporation (MSFT) – $9.28 (LOYAL3 – No DRiP)
  • Norfolk Southern Corp. (NSC) – $14.13 (.13 shares)
  • Target Corp. (TGT) – $11.17 (.15 shares)
  • Exxon Mobil Corp. (XOM) – $15.57 (.17 shares)

New Capital Invested in December

Here are the new investments I made in December –

  • $50 automatic investment in Kellogg Company (K) – .75 shares
  • $50 automatic investment in Coca-Cola (KO) – 1.15 shares
  • $50 automatic investment in McDonald’s Corp (MCD) – .54 shares
  • $50 automatic investment in Microsoft (MSFT) – 1.02 shares
  • $50 automatic investment in Unilever (UL) – 1.20 shares
  • $100 automatic investment in Verizon (VZ) – 2.04 shares
  • $50 automatic investment in WalMart (WMT) – .59 shares
  • $250 automatic investment in Exxon Mobile (XOM) – 2.85 shares

I made a couple small changes to my monthly automatic investments this past month. First, I stopped my $50 monthly investment in Intel (INTC). Since they have not increased their dividends in quite some time, I decided to put my new investments elsewhere. I am still holding on to my existing shares.

In place of INTC, I opened up a new position in Unilever (UL) with a $50 automatic investment plan through LOYAL3. This is a great opportunity to buy small amounts of shares with no fees or commissions.

I also started a new monthly automatic investment plan in Kellogg Company (K) for $50 per month through LOYAL3.

The last change I made was bumping up my Coca-Cola (KO) monthly investment from $25 to $50.

With the exception of increasing my McDonald’s investment from $25 to $50 a month, all other automatic investments remained the same as last month.

Note – Each one of my automated investments was made through LOYAL3 – except for Exxon Mobile where I used Computershare.

The total amount of new capital invested in December was – $650.

Here are my new investment totals for the year –

  • January Investments – $1,747.41
  • February Investments – $475.00
  • March Investments – $575.00
  • April Investments – $725.00
  • May Investments – $725.00
  • June Investments – $725.00
  • July Investments – $475.00
  • August Investments – $475.00
  • September Investments – $475.00
  • October Investments – $575.00
  • November Investments – $475.00
  • December Investments – $650.00

New 2014 Investments – $8,097.41

Final Thoughts

The dividend income earned in December ($146.82) from 12 stocks was my highest monthly dividend income total yet. While it is a great accomplishment, I am focused on growth in my portfolio over the course of several months (not just one).

Since all of the companies I own pay a quarterly dividend, the average of the past 3 months makes it easier to track month to month totals. During December, I was able to raise my 3 month rolling average to $89.71, which was an increase of $4.33.

I am looking forward to hitting the $100 mark sometime in 2015 for my 3 month rolling average.

My total dividend income earned for 2014 (January to December) is – $967.12

Full Disclosure – At the time of this writing, I owned shares in the following stocks noted in this post – AFL, COP, ED, INTC, JNJ, K, KO, MCD, MSFT, NSC, TGT, UL, VZ, WMT and XOM. The material above is not a recommendation to buy. Please do your own research on a company before deciding to invest.

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