Friday, December 12, 2014

Dividend Income Progress Update - November 2014

Once again it is time for a goals/progress update. I am pleased to report that annualized dividend income increased in November, extending the streak to 53 consecutive months of increases after June 2010's decline. Since I began publicly tracking annualized dividend income in November 2007, it has increased in 82 of the last 84 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 5,049 -0.15%
Div. Changes YTD 1,411 0.19%
Sales YTD -1,916 -0.02%
November/2014 31,124 4.56%
Purchases 202 0.00%
Div. Changes 32 0.00%
Sales 0 0.00%
October/2014 30,298 4.59%

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

Click here for a Detailed Historical Progress Table.

In September I exceeded my 2014 goal of $30,000 of annualized dividends from my Dividend Growth Stock portfolio. For the month, annualized dividend income increased $592 and Yield on Cost (YOC) was down -0.03%. This month's changes were a net of new purchases, dividend changes and sales. Let's examine each of the these categories:

Purchases: Purchases this month increased my annual dividend income by $202 and had no effect on my yield on cost 0.00%. 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 $32 increase in annual dividend income and increase of 0.0% in YOC related to the following dividend changes (a=dividend stated in annual terms, q=quarterly, m=monthly):

- $3 Northwest Natural Gas Company (NWN) $0.46q>$0.465q
- $29 Alerian MLP ETF (AMLP) $0.284q>$0.289q

Sales: There were no sales during November.

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

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

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(Photo: sanja gjenero)

Tags: NWN, AMLP,


  1. Very impressive annualized dividend income numbers. I also like the fact that you state such long term goals. I think I'll use that as inspiration for my upcoming goals post.

  2. Wow! 30k of dividend income! Congrats! I like your ambitious 2027 goal. Will check back in 13 years

  3. Won't be long til you'll be sitting back on a beach drinking tequilas! Do you reinvest your dividends in the companies that produced them, or do you gather them up and make a single purchase in another company?

    1. I accumulate the dividends and invest them in the best available stock at that time. I don't drink alcohol and don't care for sand, so I guess I will have to keep working. :)

      Best Wishes,

  4. Thanks for sharing.. the numbers are very inspiring and great job in getting that snowball rolling. I'm hoping to get there someday

  5. Wow...great streak and record D4L! 53 consecutive months and 82 of 84 months of increases is amazingly good! As we continue to follow you on your journey, we wish you nothing but continued success! AFFJ

  6. All: Thanks for the kind words and encouragement. The Lord has been good to my family and me.

    Best Wishes,

  7. Excellent work sir. I am a happy subscriber.
    I also do not drink alcohol, but look forward to the beach many years from now.
    Thanks for all of the research.