Dividend Income – December 2015
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Well 2015 is officially in the books and it was a record year for our dividend income results. Not only did we surpass triple digits in income, we blew away our totals from the prior year. We came up just short of reaching our goal for the year ($1,500) but look forward to building on our momentum in the new year.
No matter which direction the overall market is moving, our dividend portfolio still seems to be getting stronger. Instead of focusing on the daily ups and downs of the market, we are focused on accumulating long term assets that will pay us back year after year.
Here is our dividend income portfolio results for December, 2015 –
2015 December Dividend Income Results
Another record month has been recorded for our dividend income. December 2015 gave us our highest total yet and we are absolutely pumped! It is these little milestones that keep motivating us to continue building our dividend income portfolio.
Just look at the growth we have seen over the past several years based on December dividend numbers –
- December 2011 – $38.79
- December 2012 – $72.83
- December 2013 – $92.87
- December 2014 – $146.82
December 2015 Dividend Income – $237.43
We saw an increase of over 61% last month compared to December 2014! Those are truly some amazing numbers, which is what keeps us motivated to pump more and more new money into dividend stocks.
Here is the breakdown of dividend income (by stock) in December, along with the number of new shares added from DRiP –
- Aflac Incorporated (AFL) – $10.43 ($4.10 cash and .10 shares DRiP)
- Cincinnati Financial Corp (CINF) – $34.05 (.57 shares DRiP)
- ConocoPhillips (COP) – $14.79 (.27 shares DRiP)
- Consolidated Edison, Inc (ED) – $22.97 (.37 shares DRiP)
- Emerson Electric Co. (EMR) – $4.75 ($4.75 cash)
- Intel Corporation (INTC) – $11.49 ($8.30 cash and .10 shares DRiP)
- Johnson & Johnson (JNJ) – $15.69 ($2.25 cash and .13 shares DRiP)
- Kellogg Company (K) – $2.51 ($2.51 cash)
- The Coca-Cola Company (KO) – $4.49 ($4.49 cash)
- McDonald’s Corp (MCD) – $31.95 ($1.19 cash and .26 shares DRiP)
- Microsoft Corporation (MSFT) – $20.92 ($20.92 cash)
- Norfolk Southern Corporation (NSC) – $14.99 (.16 shares DRiP)
- Realty Income Corporation (O) – $6.67 ($6.67 cash)
- Target Corp (TGT) – $12.37 (.17 shares DRiP)
- Unilever plc (UL) – $4.30 ($4.30 cash)
- Exxon Mobil Corporation (XOM) – $25.06 (.32 shares DRiP)
Note – All of the dividends we currently receive are reinvested into new shares of the same stock using DRiP – except those purchased through our LOYAL3 and Robinhood accounts.
New Capital Invested in December
Regardless of which direction the market is going, we have been dedicated to investing new money into dividend stocks. Here are the new investments we made in December –
- $723.75 lump sum investment in Emerson Electric Co. (EMR) – 15 shares
- $104.14 lump sum investment in Omega Healthcare Investors Inc (OHI) – 3 shares
- $150 automatic investment in Microsoft (MSFT) – 2.69 shares
- $50 automatic investment in Unilever (UL) – 1.17 shares
- $50 automatic investment in Verizon (VZ) – 1.02 shares
- $150 automatic investment in WalMart (WMT) – 2.47 shares
We had our normal automatic investments in WalMart, Verizon, Unilever, and Microsoft through LOYAL3 and Computershare. In addition, we added 3 shares of Omega Healthcare (OHI) and 15 shares of Emerson Electric (EMR).
Note – These small purchases are only possible because of new online brokers like Robinhood and LOYAL3.
The total amount of new capital invested in December was – $1,227.89
Here are the new investment totals for the year –
- January Investments – $475.00
- February Investments – $1,067.30
- March Investments – $652.26
- April Investments – $1,094.77
- May Investments – $4,219.12
- June Investments – $1,148.80
- July Investments – $482.64
- August Investments – $750.00
- September Investments – $764.89
- October Investments – $435.03
- November Investments – $1,111.49
- December Investments – $1,227.89
New 2015 Investments – $13,429.19
12 Month Forward Dividend Income
We continue to track our 12 month forward dividend income each month. Several factors will determine if our forward dividends increase including: adding new shares, dividend reinvestment’s, and when a company raises its annual dividend.
Here are our current and past results for the year –
12 Month Forward Dividend Income
- March 2015 – $1,239.21
- April 2015 – $1,288.31
- May 2015 – $1,501.44
- June 2015 – $1,570.40
- July 2015 – $1,590.65
- August 2015 – $1,615.53
- September 2015 – $1,679.28
- October 2015 – $1,698.24
- November 2015 – $1,787.93
- December 2015 – $1,797.68
We are very pleased with where our future dividend income projections are at. If 2016 started today, then we would likely earn a minimum of ~$1,800 in dividend income next year without lifting a finger. That means no new money would need to go into the market, nor would we need to reinvest any dividends through DRiP.
These are just estimates and nothing is guaranteed, but it is still a good gauge to where we are heading. We plan to set a goal of earning $2,000 in dividend income for 2016, so this certainly gives us a great starting point.
The dividend income earned in December ($237.43) was up over 60% from the same time last year. This is all a direct result of pumping more and more money into the stock market.
This puts our total dividend income earned at $1,475.00 for 2015. We came up just short ($25) of hitting our goal to earn $1,500 this year. All along we thought that $1,500 may have been a little too lofty of a goal and we still almost hit it!
Next year we plan to set a goal of earning $2,000 and are very confident we can hit this target.
How was your dividend income in December? What stocks are you buying in this market?
Full Disclosure – At the time of this writing, we owned shares in the following stocks noted in this post – AFL, CINF, COP, ED, EMR, INTC, JNJ, K, KO, MCD, MSFT, NSC, O, OHI, 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.