Holiday season was in full bloom in the month of December and I hope everybody made some time for the love ones! As we ring in the new year, it’s nice to look back at my portfolio growth from December of last year. My dividend payout has increased 24% since last Decembers. I hope I can continue similar growth in the new year!
Enough blabbing, let’s go ahead with the update
- $286.08 in dividends
- Added $1,400 to dividend portfolio
As usual, I automatically pull out $200 per paycheck with automatic deposit and at the end of the month I throw whatever is left into the account. With Christmas and the holidays coming up, I’ve lowered the amount I would usually put into the account. Still, $1,400 isn’t too shabby.
$200 + $200 + $1,000 = $1,400
December’s dividend payout is on the higher end this time. To put it into perspective, the money that I’ve received in dividends is more than enough to pay for my electric, water bill, Netflix, Preschool and both our phone bills for the month! That’s insane.
Monthly Total: +$286.08
Using Google Docs, I keep a running spreadsheet of how much dividend income I receive every month. I think it’s important to realize the growth of your passive income over time. In December 2016, I received $230.23 in dividend income. If we do the math, that means my November dividend income has increased +24% compared to the previous year.
With a market at an all time high, I’ve been mostly hoarding cash and looking for strong dividend plays. If anybody has any ideas, let me know!
Another year has come and gone and my passive income keeps increasing. With markets at a all time new high, I’ve become a bit gun shy on pulling the trigger on buying new stocks.
Thanks again for reading!