Dividend Income Update December 2018

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Includes: ADM, ADNT, AFL, AMGN, APY, BMS, D, DOV, ED, EMR, GE, GILD, GWW, JNJ, KHC, KO, LTC, MCD, MMM, PFE, SO, TEVA, TROW, UL, VFC, WFC, YUM, YUMC
by: Divhut
Summary

The start of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated.

I have to stress that dividend compounding can work over time and can create an ever-increasing passive income stream despite holding dividend cutters and eliminators.

We all know that diversification is the key to mitigate these circumstances that every long term dividend investor will inevitably face.

The start of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. December was exciting as ever as my year over year numbers continue to highlight the trifecta magic of dividend investing which includes, adding fresh capital, dividend raises and basic compounding to create an ever-increasing passive income stream. Even if I stopped adding fresh capital today and every dividend stock I owned kept all distributions flat, without a single raise, my passive income stream would continue to grow.

With that being said, let's take a look back at my December 2018 dividend income.

Dividend income from my taxable account totaled $768.19, up from $746.07, an increase of 3.0% from December of last year.

Dividend income from my ROTH account totaled $181.30, up from $167.17, an increase of 8.5% from this time last year.

Dividend income from my IRA account totaled $5.72, up from $1.97 from this time last year, an increase of 190.4%.

Grand total for the month of December: $955.21, an increase of 4.4% from December 2017.

Grand total for 2018 dividends: $9,086.69, an increase of 21.0% from 2017. You just have to love the very real results of dividend growth investing.

Brokerage Account

Year to date dividends: $5,925.29

Date Description Symbol Amount $
12/28/18 PRICE T ROWE GROUP INC CASH DIV ON 5 SHS TROW 3.50
12/28/18 GILEAD SCIENCES INC CASH DIV ON 5 SHS GILD 2.85
12/20/18 VF CORPORATION CASH DIV ON 56 SHS VFC 28.56
12/20/18 DOMINION ENERGY INC COMMON STOCK D 78.49
12/18/18 YUM CHINA HOLDINGS INC COM YUMC 6.96
12/17/18 MCDONALDS CORP CASH DIV ON 28 SHS MCD 32.48
12/17/18 DOVER CORPORATION CASH DIV ON 46 SHS DOV 22.08
12/17/18 CONSOLIDATED EDISON INC CASH DIV ON 75 SHS ED 53.63
12/14/18 KRAFT HEINZ COMPANY (THE) COMMON STOCK KHC 36.25
12/14/18 COCA-COLA COMPANY (THE) KO 49.14
12/14/18 ARCHER-DANIELS-MIDLAND CO CASH DIV ON 183 SHS ADM 61.31
12/12/18 3M COMPANY CASH DIV ON 24 SHS MMM 32.64
12/11/18 JOHNSON & JOHNSON CASH DIV ON 44 SHS JNJ 39.60
12/10/18 EMERSON ELECTRIC CO CASH DIV ON 81 SHS EMR 39.69
12/07/18 YUM BRANDS INC CASH DIV ON 59 SHS YUM 21.24
12/07/18 AMGEN INC CASH DIV ON 2 SHS AMGN 2.64
12/06/18 SOUTHERN CO CASH DIV ON 150 SHS SO 90.00
12/05/18 UNILEVER UL 8.87
12/03/18 WELLS FARGO & CO CASH DIV ON 42 SHS WFC 18.06
12/03/18 PFIZER INC CASH DIV ON 49 SHS PFE 16.66
12/03/18 W W GRAINGER INC CASH DIV ON 14 SHS GWW 19.04
12/03/18 BEMIS CO INC CASH DIV ON 36 SHS BMS 11.16
12/03/18 AFLAC INC CASH DIV ON 359 SHS AFL 93.34
Total: $768.19

ROTH Account

Year to date dividends: $2,224.32

Date Description Symbol Amount $
12/20/18 VF CORPORATION CASH DIV ON 41 SHS VFC 20.91
12/20/18 DOMINION ENERGY INC COMMON STOCK D 8.35
12/18/18 YUM CHINA HOLDINGS INC COM YUMC 2.04
12/17/18 MCDONALDS CORP CASH DIV ON 11 SHS MCD 12.76
12/14/18 KRAFT HEINZ COMPANY (THE) COMMON STOCK KHC 22.50
12/14/18 COCA COLA COMPANY (THE) KO 12.09
12/12/18 3M COMPANY CASH DIV ON 9 SHS MMM 12.24
12/11/18 JOHNSON & JOHNSON CASH DIV ON 8 SHS JNJ 7.20
12/10/18 EMERSON ELECTRIC CO CASH DIV ON 56 SHS EMR 27.44
12/07/18 YUM BRANDS INC CASH DIV ON 17 SHS YUM 6.12
12/05/18 UNILEVER UL 46.59
12/03/18 PFIZER INC CASH DIV ON 9 SHS PFE 3.06
Total: $181.30

IRA Account

Year to date dividends: $937.08

Date Description Symbol Amount $
12/31/18 LTC PROPERTIES INC CASH DIV ON 30.12516 SHS REC 12/21/18 PAY... LTC 5.72
Total: $5.72

I have to stress that dividend compounding can work overtime and can create an ever-increasing passive income stream despite holding dividend cutters and eliminators. While 2018 saw my portfolio receive many dividend raises, stocks like GE, ADNT, APY, and TEVA either reduced or eliminated their payments. We all know that diversification is the key to mitigate these circumstances that every long-term dividend investor will inevitably face.

I hope everyone had a great 2018 with a renewed sense of what can be accomplished with patience, not panicking, common sense and general investing consistency and discipline. These traits enable consistent dividend income results you see above as well as the knowledge that with high, moderate or even low income levels passive income growth can be achieved. Are any of these dividend stocks in your portfolio too? How was your December dividend income? Please let me know below.

Disclosure: Long all above

Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors