Happy New Year everyone! We began the new year of 2018. What better words to begin the New Year than: Record-Breaking! That is the only way to describe December 2017. This was a recording breaking month in two ways. The first way was that this month closed a record breaking year. I ended the year 2017 collecting a record amount of $7,908.71 in dividend income. That is the most I have ever received in a year. The second way is that I received a record-breaking $934.43 in dividend income for the month of December from 8 companies!
- Pfizer (PFE) – $55.04
- Southern Company (SO) – $105.56
- International Business Machine (IBM) – $144.74
- Target Corporation (TGT) – $43.40
- VF Corporation (VFC) – $30.82
- McDonalds (MCD) – $72.08
- Universal Health Realty Income Trust – $121.03
- Ares Capital (ARCC) – $361.76
December 2017 Dividend Income Total: $934.43
A Happy New Year indeed. The month of December 2017 saw a 5.89% increase in dividends from the last quarter ending month (September 2017). December’s dividend income also revealed an inter-year increase of 7.62% since the first quarter of the year (March 2017). I did not keep track of monthly dividends last year, so I cannot give an accurate year by year comparison. The good news is starting in January 2018, I will be able to give year over year growth comparisons! This should really be enlightening.
Another reason to be happy about the month of December is another two words: Dividend Increases! Three of the companies I own raised their dividends. UHT raised their dividend to $0.665 per share, T raised its dividend to $0.5 per share, and PFE raised its dividend to $0.34 per share. All of those dividend increases gave me a total boost of $28.44 to my annual dividend income.
And with that I close the year with a portfolio of over $139,000 and a forward yearly dividend income of $8,274. My rate of return on my portfolio for the year 2017 closed at 7.67%. I collected a record amount of $7,908.71 in dividend income for 2017. Overall, there was very little financial activity for much of the year for me up until the last 6 months. Most of the growth and increase in dividends happened from purchases made in 2016 that really bore fruit in 2017.
With the year 2018 officially upon us, I have managed to set up some financial goals for the new year which I describe in this post. Only time and commitment will tell if I will achieve (or break them), but we will see how this year goes. I am quite optimistic I can do it! So how was the final month of 2017 for the rest of you? Set any goals yet for the New Year? 🙂