Money and Finance
Dividend Income - November 2015 Update
Hi Everyone,
Another month is in the books and with that, just 1 more till 2016. Where has this year gone? The weather has been a little above average in my local but with this storm system, it appears as though winter is coming. Warmer temps in November matched up really well with our dividend income ... Hot! Another great month of income in the books so keep reading to see all the juicy details!
Not having to work for money is the best way to make money so hopefully this post inspires other families out there to start saving and investing as soon as they can. The power you feel knowing that you are richer than you were yesterday and you didn't have to work for it is a wonderful feeling.
We realize that our situation is different than every other blogger out there but its not how much you make, its how much you save. We make a middle class income but we live well below our means and this gives us the benefit to invest the surplus month after month and subsequently drive our passive income to new heights!
This past month was quite active in terms of deploying capital. We made three purchases: WBA, HCP and UVE for a total of roughly $4,500. We have greatly exceeded our goal of investing $40,000 this year as we have invested.... $46,500!!! Even with the purchase of a new truck in October, we continued to plow money into our investments and are looking forward to these paying off in the future.
We want to thank all of you readers out there who have stopped by and congratulated us thus far. You are the reason these posts keep coming out and continue to get better and better!
So with that being said, lets get down to the numbers.
This month got us back on the fast track after a weaker month of October! This months total came in at
$404.34 which is
101.43% higher than last year! It was
21.92% higher than last quarter as well.
This makes 10 out of 11 months this year having over an 80% gain from the previous year. New investments in Apple (AAPL) and HCP Inc. (HCP) as well as an increase to our Kinder Morgan (KMI) position really boosted our dividends from the previous quarter.
November Dividend Income:
Total: $404.34
The chart above shows the increase from the previous quarter. When looking at the month of August, the $74.47 was the change from May. As you look at the charts from month to month, it really shows the power of compounding, dividend increases, new purchases and using DRIP with all the companies.
In total, we had a $72.69 increase from August. Only $64.03 came from the new purchases which means that $8.66 came from reinvestment and dividend increases, not too shabby. An extra $247 that I did not have to invest if yielding 3.5%.
Jump over to our dividend income page to see the increases month after month. There is also a nice chart on that page for all you visual learners out there. On that page, you can easily see dividend income investing at work which hopefully one day will be greater than our expenses and that's what we like to call The American Dividend Dream! Check out our complete portfolio here updated on 12/2/2015.
How was your November?
Thanks,
ADD
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Money and Finance