November 2015 Dividend Income

Well I can’t believe it’s December already!  Unfortunately November was yet another unproductive month for me in terms of buying and analyzing stocks since I’m still quite busy with my day job.  Thankfully even though I haven’t been very active all of those dividends keep on rolling in!

In this post I will report my dividend income and progress towards dividend related goals for my two dividend growth portfolios: Dividend Empire & Dividend Retirement.

For those of you who are not familiar with my blog and portfolios, the Dividend Empire portfolio is strictly for my descendants – I will never touch the money.  The Dividend Retirement portfolio will hopefully pay for my early retirement one day before eventually merging with the Empire portfolio.

 

Dividend Income

Last month I received a total of $204.56 in my two portfolios: $61.39 in my Empire portfolio and $143.17 in my Retirement portfolio.  These values represent a 1.15% increase for my Empire portfolio and a 37.64% increase for my Retirement portfolio compared to my August income.  Here are the details:

November 2015 Dividend Income

The small increase in the Empire portfolio is the result of $50 worth of purchases in my Loyal3 account and reinvesting all of my August dividends.  I made a couple of large purchases in the Retirement portfolio over the past quarter to boost my November income.

 

Here is a breakdown of the companies that paid me in November:

November 2015 Dividends Received

I received 2 payments in the Empire portfolio and 5 payments in my Retirement portfolio.  KMI was a new addition to my Retirement portfolio and although it is currently tanking it provided a nice increase to my November income.

I automatically reinvested all dividends in my Empire portfolio (except for stocks held in Loyal3).  The stocks purchased through these reinvestments added $2.94 to my forward annual income.

Dividend reinvesting is not available in my Retirement portfolio (except for AMGN) so all dividends are taken as cash and selectively reinvested.

Pay raises:

I received 2 pay raises last month.  Both were stocks in my Empire portfolio and added $0.58 forward income.  I know this isn’t much but these are two of my smaller holdings.  Regardless, these little increases add up over time.

November 2015 Dividends Increases

 

Annual Dividend Goals

I have set annual dividend goals for both of my portfolios when I first started out back in March 2015.  My goal was to receive at least $500 in the Empire portfolio and $1500 in the Retirement portfolio.  Here is my progress against these dividend income goals:

November 2015 Dividends Progress Against Goal

My Empire portfolio is is looking good right now.  December should be a huge month for dividend income and I’m planning on crushing my goal.  I’m quite a bit off of the pace for the Retirement portfolio but with my strongest month still coming I’ll get pretty close to $1500.

I have added my dividend income to my Historical Data page where I have organized all of my monthly incomes, updates and screens (with links).  I’ll post a portfolio update over the next couple of days to update the overall performance of both portfolios as well as my progress towards the rest of my goals.

I hope everyone had a great November – please let me know how you did in the comments section below.  Let’s finish the year with a strong December!

Disclosure: Long all stocks mentioned in this article.

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6 Responses

  1. Hi Ken,

    Congrats on the solid month! Looks like both of the portfolio should hit the yearly goals quite easily. I’m also looking forward to the exciting month of December. Hopefully there will be some good deals for us to take advantage of this month as well. Keep up the great work!

    • Dividend Empire Dividend Empire says:

      Thanks Blake! I probably won’t get to $1500 in my retirement portfolio but I’ll be close. The important thing is that my income stream is growing!

      Happy Holidays!

      Ken

  2. I think it’s great that you have a separate portfolio for your heirs. Congratulations, it looks like both portfolios are doing great. I follow a few other dividend investors for their picks because I don’t have a lot of time to invest in doing the research. Thanks for sharing your insight! Enjoyed the post.

  3. DivHut says:

    Thanks for sharing your dividend income with us. It’s always inspiring to read about passive income rolling into our accounts from various dividend paying stocks. You have some solid names paying you. Do you plan to keep your KMI. I have read a few blog posts already about KMI sells.

    • Dividend Empire Dividend Empire says:

      Thank you DH! Your KMI question is a great one and something I have been debating since the dividend cut. I feel like the cut was a good move for the company and that they will recover. I think I will have to reevaluate in a few months. So, for the time being, I am holding on.

      Take care,

      Ken

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