November Dividend Income

After 33 years of clocking in and out of work and religiously saving 10% annually every year, in good times and bad, I have decided to share my monthly dividend income to show what regular saving and investing can accomplish.

For the month of November I made $2,315; a decrease of -2.53% versus this time last year. The second month of a quarter has always been challenging however its lower than normal after I repositioned my portfolio over the summer which sacrificed some dividends in this month. I do plan on improving my income for this month as I have AbbVie (ABBV), Hasbro (HAS), Oil-Dri Corp (ODC) and Verizon (VZ) on my watch list for potential buys. I also decided to drip my AT&T (T) shares which should help.

Other stocks I am considering that payout in the second month of a quarter include Air Products (APD) and Apple (AAPL) but unless their is a considerable pullback they are significantly above my buy price.

DateSymbolCompanyAmount
 11/02/2020 GIS GENERAL MILLS INC COM$77.45
 11/02/2020 T AT&T INC$590.75
 11/02/2020 VZ VERIZON COMMUNICATIONS INC$32.63
 11/05/2020 BLV VANGUARD BD INDEX FDS LONG TERM BOND$14.52
 11/05/2020 VCLT VANGUARD SCOTTSDALE FUNDS LONG-TERM COR$16.00
 11/06/2020 HYG ISHARES TR IBOXX HI YD ETF$21.49
 11/06/2020 PFF ISHARES TR PFD AND INCM SEC$50.60
 11/09/2020 APD AIR PRODUCTS AND CHEMICALS INC$29.93
 11/16/2020 ABBV ABBVIE INC COM$135.66
 11/16/2020 HAS HASBRO INC$29.31
 11/16/2020 OHI OMEGA HEALTHCARE INVESTORS INC$722.72
 11/16/2020 PG PROCTER AND GAMBLE CO$103.16
 11/19/2020 PSEC PROSPECT CAP CORP$155.54
 11/20/2020 ARTNA ARTESIAN RES$188.25
 11/24/2020 FAST FASTENAL COM STK$10.14
 11/27/2020 ODC OIL DRI CORP OF AMERICA$4.78
 11/27/2020 WSM WILLIAMS-SONOMA INC$9.61
 11/30/2020 SBRA SABRA HEALTH CARE REIT INC$82.97
 11/30/2020M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$39.50

16 thoughts on “November Dividend Income

  1. Slightly down but overall a nice amount of money! Plus its mostly due to repositioning so doesn’t seem like you have a lot to worry about. I was also down in November from last year also but it is mostly due to payouts happening at different times this year due to COVID. I see you have ABBV on your buy list — I have been adding to my ABBV position the last couple months – but its had a nice run up from the 80s to over 100…still fairly valved though so adding more doesn’t hurt. Especially in this market where everything is near highs

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    • You can get so used to a stock trading in a specific range that when it breaks out it creates hesitation to buy more. I agree ABBV is still a decent buy even at the $100+ range I just have to push past that hesitation. I find it interesting no matter how long I’ve been investing that occasionally I still have to deal with a mental or emotional block. Just goes to show we are all human

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      • It happens to the best of us… there has been a few times I’ve had 2 stocks on my watch list and I’ll only have cash available for 1 of them … I’ll buy one and they’ll both go up.. then next month when I go to buy even though the other is still a good price I’ll pass on it because it ‘feels’ expensive to when it caught my eye a month or two before … fast forward 6 months or a year and it’ll actually be up much more ..sometimes overpriced and I’ll have missed out … but I’m recognizing that and working on it — also since all brokers are pretty much commission free now … I’ve been doing smaller purchases of a few stocks over a few months instead of one big purchase — let’s me get starter positions in and then I don’t feel as hesitant to add to them as long as the price is still fair

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  2. Thanks for commenting Tawcan, Unlike past months I was completely comfortable with the drop because it was by my design of selling and buying to reposition my portfolio. Monthly drops earlier this year are a different story, those were outside my control which can be a touch concerning but I did not stress about it due to our situation with the pandemic and all.

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  3. Amazing monthly results SD! It goes to show what you can accomplish with consistency.

    You have a few heavy hitters this month. Any plans on more balancing out your positions in amount dividend income they provide?

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  4. My approach is to build up other assets over time. The heavy hitters I turned off from auto reinvesting and no longer buy shares. OHI for example, the last time I dripped shares was 2/15/19 and the last time I added shares was 11/27/17. I have 7 years until retirement and hopefully at the end of that run income will be more balanced.

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  5. Solid income for the month even though it is slightly less year over year. Nice to see we share quite a few names paying us both in November. Gotta love that passive income stream!

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  6. Pingback: Dividend Income from YOU the Bloggers – November 2020

  7. Thank you JC, I’ve been saving and investing a long time to generate monthly income to support me and my wife. I’m more impressed with all the younger investors out there in their 20s & 30s who are light years ahead where I was at their age.

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  8. This is so inspiring that you are sharing your dividend income after investing and saving 10% for 33 years. It’s very motivating for the average person who thinks investing is only for high savings rates or a select few. Despite the slight decrease, it was an impressive month for you. I look forward to more reports! 🙂

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