Saturday, February 15, 2014

Dividend Income Progress Update - January 2014

Once again it is time for a goals/progress update. I am pleased to report that annualized dividend income increased in December, extending the streak to 43 consecutive months of increases after June 2010's decline. Since I began publicly tracking annualized dividend income in November 2007, it has increased in 72 of the last 74 months.

My goals were defined in this December 1, 2007 Investing Goals post and last updated in my 2014 Investing Goals post. Below is an updated version of the table found in the original post.

Description Dividend
on Cost
2027 Goal 110,000 n/a
2017 Goal 42,000 n/a
2014 Goal 30,000 n/a
December/2013 26,580 4.54%
Purchases YTD 205 -0.02%
Div. Changes YTD 24 0.01%
Sales YTD 0 0.00%
January/2014 26,809 4.53%
Purchases 205 -0.02%
Div. Changes 24 0.01%
Sales 0 0.00%
December/2013 26,580 4.54%

The above information covers the current month and year-to-date through the current month.

Click here for a Detailed Historical Progress Table.

For the month, annualized dividend income increased $229, and Yield on Cost (YOC) was down 0.01%. This month's changes were a net of new purchases and dividend changes (no sales during the month). Let's examine each of the these categories:

Purchases: Purchases this month increased my annual dividend income by $205 and decreased yield on cost -0.01%. As noted in earlier updates, I generally expect YOC to drop in most months since new investments will yield less than my current YOC, and dividend increases will not normally be sufficient to offset the decline.

Dividend Changes: The $24 increase in annual dividend income and 0.01% increase in YOC related to the following dividend changes (a=dividend stated in annual terms, q=quarterly, m=monthly):

- $10 Automatic Data Processing, Inc. (ADP) $0.435q>$0.48q
- $2 Realty Income Corp. (O) $0.18185m>$0.18216m
- $12 Sysco Corporation (SYY) $0.28q>$0.29q

Sales: No sales in January.

That's it for this time. The next monthly progress update will be early March.

Full Disclosure: Long, all the aforementioned securities. See a list of all my dividend growth holdings here.

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- 9 High Rated, Lower Debt Dividend Stocks With A Reasonable Payout

(Photo: sanja gjenero)

Tags: [ADP] [O] [SYY]


  1. I don´t understand the facts!
    You have earned 26,809 USD Dividends in one month (december 2013)?
    How could that be?
    Have you a fortune round about 10 million USD?

    That´s awesome!!!

    Best regards

    1. No, that is annualized annual income based on the current dividend rates paid by each of my holdings in my dividend growth portfolio.

      Best Wishes,

    2. D4L

      Your articles was the first ones I read to persuade and open my eyes to start dividend growth investing. I started in 2009 and now have a dividend income of $17,800 per year. Its been my goal to catch up with you but I think you have a few years on me. When you was at ~17k per year I think I was at ~12k per year. I think your growing faster than me especially over the last year. Oh well its fun trying anyways.