November Dividend Income

After 34 years of clocking in and out of work and religiously saving at least 10% annually in my 401K every year, my countdown to financial independence is in sight. Each month is a step closer and let’s take a look at how this past month is getting me there.

For the month of November I made $3,235.39; an increase of 39.76% versus this time last year. As a note some dividend growth can be deceiving and that is what I have. For November I had two large payouts from CM & BGS that normally fall in the October time so my number was inflated.  Discounting these two payouts my YoY growth would be 16.6% which is well above my 12.5% target.

In November I received 4 dividend raise announcements from Telus (TU), Pinnacle West Capital (PNW), Bank of Nova Scotia (BNS), and Merck (MRK). I also received my first dividend cut for the year from Compass Mineral as they decided to redirect cash flow from dividends to R&D and Capex for their lithium discovery.

On the home front my oldest daughter moved from our auto insurance policy and onto her own plan. This reduced my expenses which allowed me to increase my 401K savings rate by 1% and I increased my weekly M1 finance contribution by $10.  All this resulted in my savings rate growing from 24.9% to 26.2%.

Let’s see the things we all love to see…charts and dividend payouts:

DateSymbolCompanyAmount
11/1/21BGSB&G FOODS INC$264.82
11/1/21CMCANADIAN IMP BK COMM$271.20
11/1/21GISGENERAL MILLS INC$94.11
11/1/21TAT&T INC$624.04
11/1/21VZVERIZON COMMUNICATIONS INC$97.67
11/4/21BLVVANGUARD BD INDEX FDS LONG TERM BOND$14.47
11/4/21VCLTVANGUARD SCOTTSDALE FUNDS LONG-TERM COR$15.35
11/5/21HYGISHARES TR IBOXX HI YD ETF$17.31
11/5/21PFFISHARES TR PFD AND INCM SEC$47.76
11/8/21APDAIR PRODUCTS AND CHEMICALS INC$34.00
11/15/21ABBVABBVIE INC$196.18
11/15/21EPREPR PROPERTIES$77.71
11/15/21HASHASBRO INC$38.70
11/15/21IBCPINDEPENDENT BK CORP MICH$41.30
11/15/21OHIOMEGA HEALTHCARE INVESTORS INC$722.72
11/15/21PGPROCTER AND GAMBLE CO$113.48
11/18/21PSECPROSPECT CAP CORP$155.54
11/19/21ARTNAARTESIAN RES CORP$201.09
11/23/21FASTFASTENAL$11.47
11/26/21ODCOIL DRI CORP OF AMERICA$22.09
11/26/21WSMWILLIAMS-SONOMA INC$12.87
11/30/21NUSIETF SER SOLUTIONS NATIONWIDE RSK$13.31
11/30/21SBRASABRA HEALTH CARE REIT INC$86.36
11/30/21M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$61.84

2 thoughts on “November Dividend Income

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s