Happy New Year! It was fun to celebrate NYE and now it is time to take a look at December dividend income and the 2016 year overall. It was a relatively quiet year for me on the investment side of things as I had a few major purchases to make. I think the portfolio has a basic foundation and will continue to grow and expand in 2017.
The image below represents the S&P500 from December 1 to December 30. You can make your own map over at Finviz.com. This shows some healthy results for financials, oil, utilities and consumer goods stocks. There are some quality names in there that look like they’re on sale too.
The markets that I track were up across the board in December 1-30:
S&P +1.8%, NASDAQ +1.1%, TSX +1.4%.
December was a record month for my dividend income! I managed to hit $19.34 for the month. I hope with some new investments in 2017 that the totals will continue to grow. I’m also hoping for more dividend increases this year.
December dividends received:
When compared to December 2015, my dividend income grew by +53%, from $12.61 to $19.34. My 2016 total amounted to $129.04, a huge +504% increase over my 2015 total! Many of the firms in my portfolio have increased their dividends since I initiated a position. Each time they do, it contributes to growth in my portfolio without making any new equity purchases.
The holdings in my Niche Fund pay quarterly dividends so some months will have more income reflected than others. As expected, December was a great month for my portfolio.
My Dividend Income page has a calendar showing when I expect to receive dividends from each of my holdings.
Thanks for stopping by! What are your investing goals in 2017? Did you set a new record for your December dividend income?