Dividend Income Update – November 2016

Happy New Year!

Since I’m extremely late with this one, let’s say we just keep it short and sweet.

We had 3 companies pay us in November:

  • Kinder Morgan Inc. (KMI) –  $11.88
  • Realty Income Corp. (O)  –  $10.75
  • STAG Industrial Inc. (STAG)  –  $8.25

Total dividends for November:  $30.88

Here is a graph of all our monthly dividends paid:

You will notice that this month’s dividend payment was well under November 2015’s payment.  This is due to KMI having to cut their dividend by about 75% to maintain proper credit ratings.  There are always risks involved when investing and you should be fully aware of them before putting any of your hard earned money at risk.  But it sure is hard to build wealth by spending it or stashing it under the mattress because you’re not willing to accept a little risk.

We have now earned $738.98 in dividends in 2016.

Here is a graph of our cumulative dividends since starting this portfolio in 2015.

Thanks for stopping by!

 

8 Comments

  1. Investment Hunting

    Ah yes, the KMI dividend cut That one lowered my November divis too. All in all it looks like it’s been a good year for you. I look forward to your December results. You’ll probably end up near $900 for the year.
    Investment Hunting recently posted…December Dividend Income and Annual TotalsMy Profile

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

      Yep, looks like December is going to come in around $125…still waiting on one to hit account, so we’ll be just shy of $900 and last years total was $549.80. We were not really adding to the portfolio as we deemed 2016 as “get out of debt year”. It has been a great year for us as we have knocked out a lot of our goals and now we are ready to tackle 2017 head on.

      Thanks for stopping by,

      Reply
  2. Dennis Burnette

    So what kind of return? That’s the missing number. See the dividend total but what is investment?

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

      Dennis, for the total portfolio…according to Personal Capital which tracks all of my accounts our return for the year was 13.41% vs the S&P 500 at 9.54%.

      If you are looking for the individual companies from November then:
      KMI’s Yield on cost is 1.42%…I invested $3,374…current value $1,920
      O’s Yield on cost is 5.05%…I invested $2,563…current value $3,082
      STAG’s Yield on cost is 7.14%…I invested $1,394…current value $1,717

      Keep in mind that the way I am building this portfolio is focused on building an increasing steady stream of income by way of dividends (building my own pension) the account value year to year is really secondary and not what I focus on. Eventually I will live off of the dividends…therefore allowing me to not be forced to sell shares in inopportune times to provide needed income.

      Clear as mud right?? haha

      Thanks for stopping by and for the questions!

      Reply
  3. Doug

    Awesome job slow and steady wins the race. Keep it up can’t wait to see Dec
    Doug recently posted…DEC DividendsMy Profile

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

      Thanks Doug…It really is slow and steady and also clear and vivid. I can clearly see that if we stick with it and keep it growing that our money will be making more money for us than clocking in and going to work everyday. Now that is motivating! It helps that both my wife and I are on the same page with this, we used to want to own stuff…now we want to own assets that will pay for stuff for us. haha

      Thanks for stopping by!

      Reply
  4. The other lebowski

    Chugging along great!

    We can’t thank you enough for giving us the motivation to finally get after it. Your blogs are literally the reason we changed our financial future!

    Thanks and Happy New Year!

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

      HaHa, love it! Thanks Lebowski…

      The reason I write these is to keep us on track and to hopefully inspire others to take control of their financial future. It feels really good knowing that I was able to give you that little push you needed!

      Have a Great New Year!

      Reply

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