Dividend Income Update – December 2016

Wow, what a month and what a year!  I hope all of you had a great holiday season and were able to spend some quality time with your family and friends.  Remember that our time here on this little blue planet is extremely short and that is why we are working overtime on winning back control of our time.  Our Dime Our Time, right?

There are many moving parts to our overall financial freedom plan and a big piece of that plan is building a predictable ever-increasing (higher than inflation) passive income stream via dividends paid by some of the greatest businesses on Earth.  How do we get paid by these great businesses?  We have bought stock or shares of the company, therefore making us a fractional owner.  Johnson & Johnson has over 125,000 employees in 60 countries that go to work everyday to research and manufacture products to sell to customers for me…the board of directors makes decisions on the future of the company for me…and I thank them all so kindly!

Let’s see who paid us in December:

 

  • Starbucks Corp (SBUX)  –  $5.79
  • Chevron Corp (CVX)  –  $21.99
  • Gilead Sciences Inc. (GILD)  –  $4.84
  • Johnson & Johnson (JNJ)  –  $16.71
  • Realty Income Corp (O)  –  $10.79
  • Ventas, Inc  (VTR)  –  $14.13
  • Southern Company (SO)  –  $27.03
  • STAG Industrial (STAG)  –  $8.29
  • Kraft Heinz Co (KHC)  –  $9.06
  • Care Capital Properties (CCP)  –  $7.33

Total dividends received in December:  $125.96

 

Here is a graph showing all of our monthly dividend payments since starting this portfolio in 2015.

 

That puts our 2016 dividend total at $864.94 a pretty large increase over the $549.80 we received in 2015.  Our expected forward 12 month dividends equal $986.57, this assumes no dividend reinvestment and no additional money going in.  I imagine that by this time next year we will be well over the $1,000 threshold.  That’s the power of time and compounding working in your favor.

Here is a graph of our cumulative dividends earned.

We were not actively investing in 2016 since our main priority was getting completely out of debt.  With that being said, there was still $4,616.30 added as new money.  New positions were started in Starbucks (SBUX), Kraft Heinz (KHC), Cardinal Health (CAH), and NextEra Energy (NEE) with this additional money.

Well there it is, on to 2017…my hope is that you are working on and building your future financial picture.  It is in your control, set some goals, and go after it.

Thanks so much for following along with our journey to financial freedom and as always if you have any questions, comments (bad or good), please leave them below.

Wishing you the best 2017 possible!

 

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Image courtesy of worradmu at FreeDigitalPhotos.net

8 Comments

  1. Investment Hunting

    Kudos on a great month and a great year. Both year-over-year trends are impressive.

    Reply
    1. ourdimeourtime@gmail.com (Post author)

      Thanks IH…and same to you! We seem to both be headed in the right direction.

      Reply
  2. DivHut

    Awesome job for the month of December and your 2016 totals. Always nice to put up a year over year gain in a particular month. You have some names I’m still considering for my own portfolio like SBUX, GILD and STAG. Still a lot of great quality dividend payers out there, that’s for sure. Thanks for sharing.
    DivHut recently posted…Baby DivHut Dividend Income Portfolio Update Q4 2016My Profile

    Reply
    1. ourdimeourtime@gmail.com (Post author)

      Thanks Keith,

      It’s pretty cool to see the growth that occurred when we really wasn’t putting much money at work in it. It was dividend increases and automatic reinvestment working for us. You are right, there’s no shortage of great companies to partner with to grow that dividend income stream…just takes time and patience.

      Thanks for stopping by,

      Reply
  3. timeinthemarketblog

    That’s great progress y/y and I’m sure 2017 will be even better!

    Reply
    1. ourdimeourtime@gmail.com (Post author)

      Thanks! It is a lot of fun building an income stream that I know will bring tremendous freedom to our lives. All it takes is one dime at a time, right?

      Reply
  4. Dividends 4 Future

    I love doing this graphical comparisons as it really paints the picture how it should be. Its all about the growth and DRIPing everything that comes in.

    Reply
    1. ourdimeourtime@gmail.com (Post author)

      Hey D4F, the graphs really help me stay on task of what it is that I’m really trying to accomplish. It’s motivating to take a quick glance and see how things have been progressing.

      Thanks for stopping by,

      Reply

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