DI Report #6 – Dividend Income earned in November 2017

dividend income earned

Welcome to the 6th dividend income update, old sport!

For the past 6 months now, I’ve been publishing dividend income earned to document the journey to financial independence.

Ultimately, the goal is to reach an average dividend income of at least $1,500 per month.

Once enough dividend income is earned to cover my expenses, I plan to retire from the 9 to 5 grind to spend more time managing my portfolio and blogging.

Of course, I realize that I have a long way to go until reaching that target, but fortunately I enjoy the process.

In fact, enjoying the process helps me maintain a patient and strategic mindset during months where dividend income earned is lower.

As of right now, February, May, August, and November are the weaker cashflow months for the dividend business.

In addition to enjoying the process, it’s important to be appreciative of even the smallest advancements.

I earned $5.14 in dividend income from 2 companies in November 2017.

Although that number is lower than the dividend income earned in September and October, I am pleased with the quarterly growth.

The business generated $0.55 more in November when compared to August, which represents an 11.98% increase.

Moreover, this quarters income has already surpassed the amount of income received in July, August, and September.

Quarterly income is up by more than 20% in October and November, and there’s still another month of the quarter to go!

Here are the complete dividend income numbers and a few visuals for the month of November:

DI Report #6 - Dividend Income earned in November 2017 Click To Tweet

dividend income earned

Dividend Income Earned in November 2017

Total dividend income earned in November: $5.14

Last month (October 2017): $17.95

Month over month growth (compared to October 2017): Down -71.36%

Last quarters total (August 2017): $4.59

Quarter over quarter growth (compared to August 2017): Up 11.98%

Total dividend income earned in 2017: $46.57

Monthly average in 2017: $3.88

How many businesses paid dividends in November: 2

dividend income earned


Analysis & Concluding Thoughts

Although I am momentarily satisfied by posting quarterly growth, the business is reaching the stage where it can no longer afford to post single digit months.

I’m on a mission to acquire assets that save for me, which is why I’m happy to announce a new stock position!

I recently acquired a new position in a telecommunications company that will provide more balance to the average dividend income earned. The new position will add income to the February, May, August, and November months.

In addition, I am committed to investing a substantial sum this December.

I haven’t worked out the exact number yet, but I’m aiming to increase dividend income earned by at least $50.

In short, December is going to be a major step forward.

I’m looking forward to publishing the next annual forward dividend income update to share how much is added

Questions for the Readers: How was your Dividend Income in November? Are you on pace to surpass your 2016 dividend income?

15 Comment

  1. Nicely done. Takes time but the portfolio is slowly building. I like to compare my dividend income a few ways. Either by quarter or from the same month from the prior year. I understand you don’t have that many months so you are limited. But comparing it to the prior month doesn’t accurately describe the data. Since the companies paying your are completely different, it doesn’t stay consistent. You could try to compare November to August. That way, the stocks paying you are on the same cycle and it shows growth from that specific group of stocks. Food for thought. Keep up the good work and thanks for sharing your dividend numbers!

    1. Thanks for reading and commenting, Dividend Daze! And thanks for your feedback about tracking growth. I agree that month over month comparisons are not accurate. I originally anticipated that I would increase dividend income each month. However, income has quickly become more sporadic. You make a great point about comparing QOQ growth as a more accurate measure. I will most likely implement that change to the reports going forward. Thanks for the support! I’m looking forward to sharing more in the future. Take care! 🙂

  2. nice work reverse, got to start somewhere. Nice break downs. I don’t know if the month over month one is a good idea because generally the last month of each quarter is stacked. What companies paid ya?
    cheers
    nice layout btw
    passivecanadianincome recently posted…Recent Buys/SellMy Profile

  3. Thanks for the support, Passive Income Canadian! I appreciate the feedback about the break downs and layout. The companies that paid this month are RY and REI.UN. However, I recently started a small position in T, so next quarter income will already be higher. Thanks for stopping by! 🙂

  4. Good job, Graham! November is a very quiet month for my dividends. December is a heavier hitter for me as the majority of my individual stocks pay out this month. Keep planting those trees, the fruit will be abundant in time! Take care friend.

    1. Thanks for the support, Mr. DS! It seems like November is a slower dividend month for all investors. That’s good that December is a big month for your portfolio! My December is not my highest month, but it’s been on a steady increase for the last 3 quarters. I’m going to be planting a lot more trees in December too. I got a raise/bonus🤫. Have a great day buddy!

  5. Hey Graham
    Good move, your acquisition of some T stocks. Have it on my watchlist too, I like that solid dividend payer. Keep the ball rolling, cool to see your dividend income machine taking off, slowly but surely.
    Cheers
    Financial Shaper recently posted…October 2017 Dividend IncomeMy Profile

    1. Hi Financial Shaper,

      Thanks for reading and commenting! Happy to hear you’re a fan of T as well. It’s a very high yielding stock and it helps provide much needed diversification for my portfolio. Not to mention it helps add income to my slower dividend months. And I do like the fact that I started blogging my dividends from the very beginning of the journey. It will be cool to look back on in a few years. Slowly but surely like you said. Keep it up on your end too! Take care!

  6. Thanks for sharing Graham and glad to see you adding some T 🙂

    I was trying to see your portfolio to see how many positions you have, but couldn’t find it. Maybe I didn’t look hard enough.

    Don’t know how spread out or diversified you want to be with your portfolio, but at some point you want to start building up your stronger or most trusted positions that would generate the most income and total return for you in the long run. You may already be doing it, I just don’t know.

    Take care

    1. Thanks for reading and commenting, Mr. ATM! The most recent post that I blogged my positions was on this post: http://www.reversethecrush.com/annual-dividend-income/

      I have one more position, T, than I had when I wrote that post. My portfolio is still small and only has 6 positions at the moment.

      And thanks for the tip! I’m sort of doing that. My plan is to build up a portfolio of about 15 to 20 positions – approximately 6 to 10 of them will end up being core positions that I trust. I also plan to diversify with some index funds.

      I plan on publishing another annual post by early January that will provide more insight on the entire portfolio and forward dividend income.

      Thanks for stopping by and for the tip! Have a great week! 🌞

  7. Always love to see the dividends roll in! No matter how big or little it is all money that I didn’t have to do get up and go earn. That’s just how I like it! 😀
    MrDoublingDollars recently posted…Someone Else Is Happy With Less Than What You HaveMy Profile

    1. Thanks for taking the time to comment, Mr. DD! I’m a big fan of passive income as well, and I definitely appreciate any amount of income received. Although, I’m going to be saving a good chunk this month. The next round of reports are going to be significantly increased in terms of percent. I’m looking forward to sharing. Take care!

  8. Love your reports and your charts, great job! November is not a good month for me either so I can’t wait for December to come around:) Looking forward to the update with the additional $$$.
    Caroline recently posted…Income, Expenses And Goals – November 2017My Profile

    1. Thanks for reading and commenting, Caroline! Glad you enjoy the charts. The dividend reports are quickly becoming my most anticipated reports to write about. December will be a better month for me too. And l can’t wait to put more money to work and share the results. Have a great rest of your week!

  9. […] Reverse the Crush – $5.14 (November 2017) […]

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