December 2017 Dividend Income

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.Β  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). Β 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? πŸ™‚

28 Comments

  1. Matthew Freeman

    Congrats on a great December and 2017. I hope 2018 is even better for you πŸ™‚

    Reply
  2. My Dividend Dynasty (Post author)

    Thanks Matthew! πŸ˜€

    Reply
  3. Dividend Diplomats

    MDD –

    Congrats on your record month and year! Your yield on your portfolio is crazy!! Almost 6?! Whoa, haha. Mine is half that! Was that your goal/plan? Nice job!!

    -Lanny

    Reply
    1. My Dividend Dynasty (Post author)

      Hi Lanny. The 6% yield was mostly by accident, starting when I first started investing lol. I’ll take it though. πŸ™‚ Thanks for your comment. πŸ˜€

      Reply
  4. dividendgeek

    Congrats mate. Amazing month. Nice dividends from ARCC.

    Reply
    1. My Dividend Dynasty (Post author)

      Thanks Dividend Geek! πŸ™‚

      Reply
  5. Dividend Portfolio

    Definitely a great way to start 2018. Congrats on breaking all those records Dynasty. Plus, the dividend increases you had in the three companies were just icing on the cake. Looking forward to following your journey throughout 2018.

    Reply
    1. My Dividend Dynasty (Post author)

      Thanks DP! I look forward to following your journey as well. πŸ™‚

      Reply
  6. Dividend Dozer

    You had quite a nice jump in dividends between 2016 and 2017. All that work is paying off – very nice. December 2017 was like opening presents for me too – multiple dividend increases!

    Reply
    1. My Dividend Dynasty (Post author)

      Thanks Dividend Dozer! Yeah, All the pruchases I made in 2016 really paid off in 2017. Looks like you had a great month as well. Congrats! πŸ™‚

      Reply
  7. Troy @ Bull Markets

    I don’t know about IBM. They have decent dividends, but their business is going down in the long run (not good for capital gains).

    Happy New Year!
    Troy

    Reply
    1. My Dividend Dynasty (Post author)

      Hi Troy. Yeah IBM has had its hurtles as of late, but we will see what happens. They have been great to me the past two decades. I will hold on to my shares, but I don’t see myself adding more to the position. Happy New Year! πŸ™‚

      Reply
  8. Passivecanadianincome

    Nice man. Congrats on multiple fronts. I love your ibm dividends. You can almost drip that! Thats crazy itself.. ibm has been doing good with cloud and ai from what i understand. Anyways keep it up. Thats a huge dividend month!
    Cheers

    Reply
    1. My Dividend Dynasty (Post author)

      Hi PCI! Actually, I did DRIP that over the course of two decades since the 1990’s lol. Then I stopped and put those dividends to other uses (aka different stock purchases). IBM has had its hurtles these past years but I will keep my position. Thanks for your comment and for stopping by! πŸ™‚

      Reply
  9. Dividend Daze

    Congrats! Almost 1k dividends in a single month. Growth numbers look really good. Hope you hit your goals in 2018!

    Reply
    1. My Dividend Dynasty (Post author)

      Thanks Daze! Inching my way towards that $1k in a month mark. πŸ™‚

      Reply
  10. timeinthemarket

    Congrats on the new record and almost hitting 8k for the year!

    Reply
    1. My Dividend Dynasty (Post author)

      Thanks Timeinthemarket! πŸ™‚

      Reply
  11. DividendSolutions

    Hey DD,

    congrats on these awesome numbers! – Over 900$ in December and 7900$ for the year 2017 is fantastic!! I know that it feels good to break records and i’ll work hard to make 2018 a milestone year. My dividend income for 2017 was about 4013$ which is a new record for me. Can’t wait to grind in 2018…

    Wish you all the best for 2018, keep going!

    Greets
    DividendSolutions

    Reply
    1. My Dividend Dynasty (Post author)

      Thanks Dividend Solutions! Sounds like you had a fantastic year as well! Congrats on crossing $4000 mark for the year! πŸ™‚ Best of luck to you for 2018! πŸ˜€

      Reply
  12. Money Hungry

    Ending out 2017 on a strong note! Yuge dividends coming in, Congrats on the year!

    The empire is certainly in the works!

    Good luck in 2018.
    -MH

    Reply
    1. My Dividend Dynasty (Post author)

      Thanks Money Hungry! Good luck to you as well in 2018! πŸ˜€

      Reply
  13. Dividend Diplomats

    MDD,

    CONGRATS! That’s what I’m talking about. End the year on the doorstep of $1,000 in December. You are going to CRUSH it in 2018. Man I cannot wait to start seeing your 2018 updates. Keep up the great work.

    Bert

    Reply
    1. My Dividend Dynasty (Post author)

      Hi Bert! Yes, yes, yes! I am getting closer to the $1000 mark. Maybe this is the year I will hit it. πŸ˜€ Thanks for your comment and for stopping by! πŸ™‚

      Reply
  14. Engineering Dividends

    Hi MDD, congrats on a strong finish in 2017! $1K in monthly income is on the horizon… certainly this year, just a matter of what month. Keep working it in 2018. Any thoughts of reaching $10K in total dividend income for 2018?

    Reply
    1. My Dividend Dynasty (Post author)

      Thanks Engineering Dividends! I might reach 9K if lucky enough for all to go well. We will see. πŸ™‚

      Reply
  15. Income Master

    Congratulations, they are some really good numbers. Will be exciting to see what you can reach in 2018!

    Reply
    1. My Dividend Dynasty (Post author)

      Thanks Income Master! πŸ˜€

      Reply

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