November was an incredible month for dividend raises. The Dividend Beginner portfolio registered FIVE dividend raises from various companies. This is one of those months where the methodology is really paying off and showing something. As the positions get bigger, so will the result of the raises.
In addition to that, a few more positions continued to be dropped from the portfolio as I eased up in some areas to further concentrate in others in the coming year. My portfolio is now down to 21 positions which I would enjoy investing in further given the right conditions. I would like to further rearrange my real estate exposure, but that’s in the future.
Summary of November Investment Activities
Throughout November, I’ve purchased:
Five of my holdings increased their dividend.
- Canadian Natural Resources (TSE: CNQ) 8.7% Dividend Raise (Annual Dividend Income +$3.20)
- Inter Pipeline Ltd (TSE: IPL) 3.9% Dividend Raise (Annual Dividend Income +$6.00)
- Telus (TSE: T) 4.3% Dividend Raise (Annual Dividend Income +$8.00)
- Exchange Income Corp. (TSE: EIF) 4.5% Dividend Raise (Annual Dividend Income +$10.70)
- Plaza Retail REIT (TSE: PLZ.UN) 3% Dividend Raise (Annual Dividend Income +$2.64)
Two of my holdings were sold to recuperate capital:
- 195 shares of Pengrowth Energy (TSE: PGF) at $2.05 (Annual Dividend Income -$0.00)
- 150 shares of Pure Industrial REIT (TSE: AAR.UN) at $5.17 (Annual Dividend Income -$46.80)
None of my holdings reduced their dividends.
Annual Dividend Income Update
|Sep 2016||Net Increase||Oct 2016|
|Annual Dividend Income||$2,306.44||-$16.26||$2,290.18|
|Monthly Dividend Income||$192.20||-$1.36||$190.85|
November 2016 Dividend Income
|Non-Registered Taxable Account|
|Tax-Free Savings Account|
Dividend Income Journey
The dividend income came back down to Earth for my portfolio in November. Even without deploying cash this month, my dividends came through for me without a single issue. As we continue to push the baseline for dividend income, I reckon the lows and highs of this chart will look very different in 2017.
Year-over-year Dividend Income Growth
November 2016’s dividend income growth looks very similar to comparable months in the chart (i.e. August, May). There’s no stop in sight for a long time as the investments pile up and continue to grow the passive cash flow.
In November 2015, I received $45.59 and one year later my stocks have generated $165.59 in passive income. This year’s November income increased by $120, or 165.59% over last year’s.
Total Dividends 2016
Within 11 months of 2016, the Dividend Beginner portfolio has generated $1,691.64.
This income works out to 96.7% of my 2016 goal of generating $1,750 in passive dividend income. There’s about a 99.99% chance that this goal will be achieved by the end of December, barring an apocalyptic event.
I’d like to keep track of my lifetime dividends as it will always be the largest number I can attribute to dividend income, and ultimately is all the passive income I’ve generated from the beginning of this portfolio to now. It’s a great chart to display exactly what you could accomplish when you save your earnings and invest in dividend growing stocks.
After 20 months of receiving dividends and 21 months of investing, I’ve generated above $2,000 in passive income. After November 2016, my record is now $2,235.08 in dividend income that I earned from having the foresight to invest my money in income generating assets. The great thing about this is that even if I stop investing now, that money will continue to flow into my bank account every month without me lifting a finger, and what’s more is that it will even grow as time goes on considering I took the time to invest in dividend growing companies with proven track records.
How was all of my fellow investors’ November 2016? Any new positions? Dividend Raises?