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:
ENB $1.58
JNJ $2.40
XOM $4.94
EMR $4.32
KO $4.21
CNR $1.88
Total: $19.34
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?
Dividend Niche 
Excellent YoY growth for the month of December and especially for 2015 to 2016. Obviously moving in the right direction! I barely missed my 2016 goal so I’m planning on going pretty seriously for my 2017 goal to make sure I make it. Keep it up!
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Thank you! Hope you have a successful 2017.
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congrats on a great month and 50%+ increase year over year. I’ve included your income updates in my monthly tracker.
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Thank you!
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You know you are doing the right thing when you can put up solid year over year increases as you have. Big portfolio, small portfolio, the key is to keep investing and building your passive income stream and enjoy seeing those year over year gains. Thanks for sharing.
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Thank you, it is still a small portfolio, but it has proven the impressive growth that passive income can provide.
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Congrats on the great month! A 53% is amazing and the progress is real. Can you feel it?? Love the image by the way, the Simpsons reference gave me a good laugh!
Keep up the great work.
Bert
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Thank you Bert! I am more convinced now that I’ve seen this kind of growth yoy. I’ll continue to gradually build it up and see if I can start getting more double digit months. Glad you liked the Simpsons gif! Cheers
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Excellent growth and its all about the consistency. Love seeing updates from the community.
The Simpsons reference definitely break the ice.
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Thank you! I’m glad you liked the Mr. Burns gif. Once the dividend payments get going it will be more and more of a snowball.
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Congrats on a great month, I am just starting on my own journey so I hope I am on my way to getting better very month 🙂 Cheers
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Thanks and welcome to the community. There are a lot of great blogs on DGI out there. For me, the first year was very slow. When you start re-investing the dividends in high quality companies at reasonable valuations you start compounding the gains!
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That’s what i am hoping to do very soon. I want to keep investing to keep my risk down overall, thanks for taking the time to reply.
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