November 2019 Dividend Income

December 1, 2019

Dividend Income 12

Gosh, we are in the last month of the year and it is time to post my November 2019 dividend income. Did this year fly by or what? Really, this is it. Later this month, I will post my financial goals for 2020. Next month, after the year finishes, I will post the results of the goals I set for 2019. I also want to total up the amount gain from dividend increases alone for the year 2019. Although, it is sad to see another year go by so fast, I am looking forward to setting new goals for the new year and reviewing the progress over the past year. But without further ado, for November 2019, I received $667.06 in dividend income from seven (7) companies.

AT&T (T) – $236.13
Sprague Resources (SRLP) – $116.81
Omega Healthcare Investors (OHI) – $167.50
Procter & Gamble Company (PG) – $18.65
Realty Income Corp (O) – $42.68
General Mills (GIS) – $49.98
AbbVie Inc. (ABBV) – $35.31

November 2019 Dividend Income Total: $667.06

A good month, but not the best month. This month shows a year over year decrease of 25.2%. Nothing shocking here. The decrease is due to my summer re-balancing of my portfolio. The re-balance shifted much of my dividend income away from the mid-quarter months and to the beginning and ending quarter months. As a result, this month is lower than my previous while December 2019 and January 2020 will be higher. Overall, I am on the past to achieving record breaking yearly dividend income.

Next, these are the dividend increases. First, GSK increased their dividend to $0.481 per share. This raised my forward annual dividend from $497.45 to $498.57 for a $1.09 increase from GSK. A small increase, but I will take it! Second and lastly, ABBV increased their dividend to $1.18 per share. This raised my forward annual dividend from $141.24 to $155.76 for a $14.52 increase from ABBV. Altogether, these dividend increases total $15.61 added to my forward yearly dividend income.

And with that, we are in the final month of 2019. As of this post, my portfolio is set to generate $9,725 in dividend income over the next 12 months. I am expecting to close out the year with record dividend income (upwards of $9,400). Looking forward to the new year. How did the rest of you do? Reach any new milestones? Let me know in the comments below!

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12 comments

PassivecanadianincomeDecember 1, 2019 8:26 am

Nice dynasty.

congrats on another great month. These months tend to be my worst as well. Thats a monster T payment though.

gotta love the raises. we share abbv this month.
keep it up
cheers
Passivecanadianincome recently posted…Bpy – Topping up a position

My Dividend DynastyDecember 1, 2019 8:38 am

Thanks PCI! Building up on T has certainly produced a monster dividend. Expecting a dividend increase from T this month too. Dividend raises are awesome! 🙂

Dividend DiplomatsDecember 1, 2019 6:19 pm

MDD –

Awesome results and such big dividends from 7 companies. Let’s make these next 31 days count. Time to make final moves!

-Lanny

My Dividend DynastyDecember 2, 2019 8:25 am

Thanks Lanny! Agreed, let’s make the next 31 days count! 🙂

DG Tech @ YouTubeDecember 1, 2019 11:00 pm

So close to that 5 digit milestone of dividends, I’m sure you’ll get there in no time 🙂

My Dividend DynastyDecember 2, 2019 8:27 am

Hi DG Tech! Getting closer each day and each week. Hope to cross the 5 digit mark sometime in the first quarter of 2020. It was be a great milestone to achieve! 🙂

Scattered MomDecember 3, 2019 5:20 pm

This month and year certainly have flown by. Caught between not wanting to wish my life away but also wanting to reach the end to see where we will end and how far we have come in this journey to FI.

Crossing the 5 digit milestone would be a fantastic way to begin the New Year! I am currently far from that…Your T dividend is large now…can’t wait to see it after the next raise.

~M
Scattered Mom recently posted…Dividend Income Report November 2019

My Dividend DynastyDecember 3, 2019 6:53 pm

Hi Scattered Mom! You hit the nail on the head there. Not wanting to wish life away but at the same time striving to achieve amazing goals which can only happen at a future point in time.

I would certainly love to begin the new year with a 5-digit dividend income. As the end of the year becomes clearer, I think I will be in a position to do that. Also can’t wait to see T’s next dividend increase! Thanks for your comment and for stopping by! 🙂

Mr. RobotDecember 7, 2019 5:14 am

This year has gone by so fast, it’s just amazing. Also amazing is us sharing 6/7 payments 🙂

It’s time for the final buys of the year to finish out strong with a new forward income record. I hope to still cross the €1200 euro mark but I already made my buy for december. I’ll try to scrape some more cash to close the last €25 I need.

My Dividend DynastyDecember 7, 2019 5:36 pm

Hi Mr. Robot! 6/7 is pretty darn good! Glad to see you are on course for a record year as well. Keep it up! 🙂

Engineering DividendsDecember 7, 2019 10:46 am

That’s quite the dividend haul, despite the YoY decline, MDD. Almost averaged $100 per stock, wow.
I was able to share in that ABBV raise. It was a nice boost, for sure.
I’m excited for you to cross $10K in forward dividend income very soon. Keep doing what you’re doing and it shall be yours.
Engineering Dividends recently posted…Portfolio Thoughts (Nov. 2019)

My Dividend DynastyDecember 7, 2019 5:42 pm

Thanks ED! Very happy with the ABBV raise. Can’t wait to cross the $10K mark. I believe it will happen in the first quarter of next year. It will be a great milestone! Thanks for stopping by! 🙂
My Dividend Dynasty recently posted…November 2019 Dividend Income

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