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.
Year to date dividends: $5,925.29
|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|
|12/03/18||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|
Year to date dividends: $2,224.32
|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|
|12/03/18||PFIZER INC CASH DIV ON 9 SHS||PFE||3.06|
Year to date dividends: $937.08
|12/31/18||LTC PROPERTIES INC CASH DIV ON 30.12516 SHS REC 12/21/18 PAY...||LTC||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