It’s time for my favorite type of post: a tally of the dividends I received in the prior month.
Given my strategy of DGI, it is really the dividend payouts that I care about. For each of the companies I invest in, I like to see a steady and growing stream of dividend payouts.
So how did I do in December?
Last month 24 companies sent me a dividend payout, adding up to a total of $373.
With the sole exception of September 2017 (which came in with a dividend tally of $379) this was my highest amount ever. $400 in dividends in a single month is coming real close!
December’s $372 also adds nicely to my dividend goals for 2017. In a next post I will revisit my goals for 2017 and add them to see whether I indeed got to my $3,000 goal for the entire year.
The following table shows the tickers of the companies that made a December 2017 dividend payout to my portfolio.
It features the dividend amount I received and any change in payout as compared to the last payout moment.
| Ticker | Dividends Received | Dividend per Share Change |
|---|---|---|
| WFC | $13.65 | |
| SBUX | $22.50 | 20.00% |
| GWW | $6.40 | |
| F | $22.50 | |
| ADM | $32.00 | |
| DAL | $24.40 | |
| AMGN | $20.70 | |
| MGA | $13.75 | |
| UTX | $7.00 | |
| ROK | $8.35 | 9.87% |
| EMR | $24.25 | 1.04% |
| JNJ | $10.08 | |
| ADI | $9.00 | |
| UL | $12.65 | 1.86% |
| STAG | $5.88 | |
| QCOM | $28.50 | |
| IP | $14.40 | 3.78% |
| GLW | $15.50 | |
| VFC | $13.80 | 9.52% |
| BP | $18.00 | |
| TROW | $14.25 | |
| GILD | $13.00 | |
| CLDT | $11.00 | |
| TRV | $10.80 |
The fact that 24 companies sent me dividend checks is great in and of itself. But out of those 24 there were 6 companies who decided to raise their pay-outs. Really putting the growth in Dividend Growth Investing here.
Within those 6 dividend increases three stand out.
Starbucks decided to turn my dividend Tall into a Grande by raising it by 20% (!). Double digit dividend increases are rare, but Starbucks have been serving them for years now. I hope they can keep it up, and continue to drive growth in China - opening a new store every 15 hours - and even in the home of the espresso, Italy.
The other dividend increase that stands out is that of Rockwell Automation, coming in at nearly 10%. The company’s stock price has been on a tear almost all of 2017 and was pursued by another company in my portfolio - Emerson.
Finally, VF Corporation also delivered a near 10% dividend increase. The company - with it’s broad portfolio of brands - continues to do well and has proven to be a reliable dividend payer.
Comparing the dividend payout of December 2016 to December 2017 (below) shows an increase from $180 to $373- a YoY growth of 107%.
How was your December and its dividend? Leave a comment/reply to share your thoughts!
Well done! Looks like you crushed another month. Wanted to hear your thoughts on the stock KMI.. been hearing and reading a bunch about it and with their expected dividend raise to be 60% in 2018, didn’t know if that was on your radar or not.
Let me know and congrats on another great month!
Thanks YFK!
I looked at KMI about two years ago but then disappeared from my radar when they did their drastic dividend cut late 2015. As a conservative dividend growth investor that disqualified them for me, although I recently saw this analysis that made me reconsider a bit: https://seekingalpha.com/article/4135179-kinder-morgan-worth-second-chance
Personally, I am staying on the sidelines for KMI but to each their own 🙂
Thanks for commenting!
Good to know! Just figured I would get the opinion of someone who knows a lot more about dividend investing than I do 🙂
Wow! 100% growth is awesome! That is a ton of companies paying you. Looking forward to seeing you hit that $400 mark soon. Keep that snowball rolling!
Thanks DD! According to my projections this March will be my first ‘$400’ month. Keeping at it!
Fantastic income. Congrats on that and all the raises. Wow never knew starbucks was opening a new store every 15 hrs down there. Thats crazy! Keep it up
Cheerz
CPI, thank you. The snowball is picking up some pace! I like SBUX and have been buying on dips. Their expansion in China is almost unbelievable, but with a growing middle class in that country the stock will hopefully do very well in the future. I certainly like those dividend raises!
Nice dividend increases. And some serious set of companies sending you pay checks. Love the dividend increases. How has your overall performed this year? Looking forward to your 2018 achievements.
Thanks Dividend Geek! Working on my 2017 goal check in post…and a preview of 2018. Stay tuned 🙂