June Dividend Income

After 35 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 look at how this past month is getting me there.

For the month of June I made $5,789.87; an increase of 26.38% versus this time last year.  Biggest payout I have had this year, if only the first two months of a quarter were this nice.

In June I received 3 dividend raises from GIS, ODC and WPC.  These raises will add an additional $32.70 to my annual income going forward. June is a tough month for raises so I’ll take anything that comes.

Taking a mid-year look at my annual income growth goal of 12.5%, my income is currently exceeding that goal by 3% and the bulk of that is due to the massive 49% dividend raise from United Parcel Service (UPS) back in February. Since UPS is my largest position it made a significant dent, without that I would have been closer to my goal.

On the home front I am finally caught up on maintaining properties for two homes (mine & my father-in-law’s) and I can finally start enjoying summer.   Last year we started our backyard movie nights and cannot wait to get that started again, best part is we could not get a screen last year because of supply chain issues but I was able to get a 120” screen and cannot wait to try it out.  My daughter caught Covid and had a side effect of something called “Covid Eye”, long story short her eye is as swollen as Rocky Balboa’s except she didn’t say cut me Mick.

On another note, fellow blogger Northern Lights Investment is back from a very dangerous surgery and is blogging again but still in need of much recovery and far from out of the woods.  Also, another callout to fellow blogger Dividend Portfolio as he battles cancer and faces a tough road ahead.  Try to keep both in your prayers as they can use all the help they can get.  

Here are the charts we love to see:

DateSymbolCompanyAmount
6/1/22ALEALLETE INC$138.76
6/1/22DIVOAMPLIFY ETF TR CWP ENHANCED DIV$107.69
6/1/22PNWPINNACLE WEST CAPITAL CORP$207.96
6/1/22PSXPHILLIPS 66$28.87
6/1/22SJMSMUCKER J M CO$18.93
6/2/22CMICUMMINS INC$41.04
6/2/22UPSUNITED PARCEL SERVICE INC$345.18
6/3/22ENBENBRIDGE INC$254.72
6/6/22SOSOUTHERN CO$70.24
6/7/22JNJJOHNSON &JOHNSON$199.02
6/7/22VLOVALERO ENERGY CORP$35.28
6/8/22AMGNAMGEN INC$11.76
6/9/22DFSDISCOVER FINANCIAL SERVICES$15.61
6/9/22MSFTMICROSOFT CORP$67.84
6/10/22CVXCHEVRON CORP$23.96
6/10/22IBMINTERNATIONAL BUS MACH CORP$155.03
6/10/22PFEPFIZER INC$239.15
6/10/22SNASNAP-ON INC$33.96
6/10/22WBAWALGREENS BOOTS ALLIANCE INC$70.07
6/13/22MMM3M CO$63.12
6/15/22AVAAVISTA CORP$147.84
6/15/22EPREPR PROPERTIES$85.49
6/15/22FAFFIRST AMERICAN FINANCIAL CORP$163.33
6/15/22NWLNEWELL BRANDS INC$25.56
6/16/22DUKDUKE ENERGY CORP$67.39
6/16/22OGNORGANON &CO$5.71
6/16/22PRUPRUDENTIAL FINANCIAL INC$520.12
6/17/22BHBBAR HARBOR BANKSHARES$54.07
6/17/22RRYDER SYSTEM INC$54.57
6/17/22WMWASTE MANAGEMENT INC$46.92
6/21/22CMPCOMPASS MINERALS INTERNATIONAL INC$28.65
6/21/22PSECPROSPECT CAP CORP$98.13
6/21/22ULUNILEVER PLC$58.55
6/23/22QCOMQUALCOMM INC$177.49
6/24/22BPBP PLC$8.59
6/24/22KHCKRAFT HEINZ CO$9.70
6/24/22LMTLOCKHEED MARTIN CORP$25.80
6/27/22SCHDSCHWAB US DIVIDEND EQUITY ETF$33.46
6/28/22NUSIETF SER SOLUTIONS NATIONWIDE NASDQ$15.93
6/29/22TROWPRICE T ROWE GROUPS$25.14
6/29/22XRMIGLOBAL X FDS S&P 500 RISK$50.36
6/29/22XYLDGLOBAL X FDS S&P 500 COVERED$146.02
6/30/22ARCCARES CAPITAL CORP$551.61
6/30/22AVGOBROADCOM INC$8.43
6/30/22BEPBROOKFIELD RENEWABLE PARTNERS$280.60
6/30/22BEPCBROOKFIELD RENEWABLE CORP$70.08
6/30/22CTOCTO RLTY GROWTH INC$64.97
6/30/22GATXGATX CORP$55.27
6/30/22NEWTNEWTEK BUSINESS SVCS CORP$620.19
6/30/22PEPPEPSICO INC$60.72
6/30/22WEYSWEYCO GROUP INC$26.16
6/30/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$74.83

May Dividend Income

After 35 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 look at how this past month is getting me there.

For the month of May I made $2,821.76; an increase of 13.98% versus this time last year.  Not too shabby considering this was the first month of AT&Ts lower payout.

In May I received 8 dividend raises from AQN, BNS, CM, CTO, LEG, PKG, PSX and TU.  A solid month for raises that should add an additional $221 to my annual income going forward. 

On the home front it has just been busy as I take care of maintaining property for two homes (mine & my father-in-law’s).   The good news is all this yard work is making me loose some of the winter fat and hopefully I’ll be slimmed down to my usual summer weight.

My middle daughter graduated from college this month and already started a full-time career in corporate accounting.  Down to just one child left in college and fingers crossed he will be graduating early in December of 2023.  Next milestone is to get all three kids out of the house and on their own. Here are the charts we love to see:

DateSymbolCompanyAmount
5/2/22BGSB&G FOODS INC$273.24
5/2/22GISGENERAL MILLS INC$95.60
5/2/22TAT&T INC$333.02
5/2/22VZVERIZON COMMUNICATIONS INC$102.01
5/5/22BLVVANGUARD BD INDEX FDS LONG TERM BOND$14.05
5/5/22VCLTVANGUARD SCOTTSDALE FUNDS LONG-TERM COR$16.16
5/6/22HYGISHARES TR IBOXX HI YD ETF$19.46
5/6/22PFFISHARES TR PFD AND INCM SEC$43.65
5/9/22APDAIR PRODUCTS AND CHEMICALS INC$67.51
5/13/22OHIOMEGA HEALTHCARE INVESTORS INC$722.72
5/16/22ABBVABBVIE INC$217.27
5/16/22EPREPR PROPERTIES$85.49
5/16/22HASHASBRO INC$46.01
5/16/22IBCPINDEPENDENT BK CORP MICH$48.94
5/16/22PGPROCTER AND GAMBLE CO$120.53
5/19/22PSECPROSPECT CAP CORP$155.54
5/23/22ARTNAARTESIAN RES CORP$207.60
5/25/22FASTFASTENAL$12.83
5/27/22ODCOIL DRI CORP OF AMERICA$33.16
5/27/22WSMWILLIAMS-SONOMA INC$14.14
5/31/22NUSIETF SER SOLUTIONS NATIONWIDE NASDQ$17.65
5/31/22SBRASABRA HEALTH CARE REIT INC$87.16
5/31/22WMTWALMART INC$14.75
5/31/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$73.27

April Dividend Income

After 35 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 look at how this past month is getting me there.

For the month of March I made $3,828.61; a decrease of -3.34% versus this time last year.  The main culprit for the decrease was my BGS payment sliding out into early May versus April of last year.

In April I received 7 dividend raises from ARTNA, BHB, DFS, IBM, JNJ, PG and SO.  A solid month for raises that should add an additional $131 to my annual income going forward. 

On the home I haven’t had much time as for some reason work has become stressful and I’ve been mentally fatigued lately.  Unfortunately, it has spilled into early May but hopefully things will lighten up soon.

Here are the charts we love to see:

DateSymbolCompanyAmount
4/1/22AGRAVANGRID$23.91
4/1/22ALLALLSTATE CORP$3.40
4/1/22BEPCBROOKFIELD RENEWABLE CORP$70.08
4/4/22GRMNGARMIN LTD$68.23
4/4/22KMBKIMBERLY-CLARK CORP$17.06
4/4/22WMTWALMART INC$14.75
4/5/22TUTELUS CORPORATION$57.93
4/6/22BLVVANGUARD BD INDEX FDS LONG TERM BOND$21.29
4/6/22IRMIRON MOUNTAIN INC$498.67
4/6/22VCLTVANGUARD SCOTTSDALE FUNDS LONG-TERM COR$14.96
4/7/22HYGISHARES TR IBOXX HI YD ETF$21.20
4/7/22MRKMERCK &CO. INC$149.88
4/7/22PFFISHARES TR PFD AND INCM SEC$48.38
4/11/22GSKGLAXOSMITHKLINE ADR$203.95
4/14/22AQNALGONQUIN PWR UTILS CORP$307.69
4/14/22MPWMEDICAL PROPERTIES TRUST INC$192.37
4/14/22WPCWP CAREY INC$577.88
4/18/22CPTCAMDEN PROPERTY TRUST$14.42
4/18/22EPREPR PROPERTIES$85.49
4/18/22KBALKIMBALL INTERNATIONAL$2.45
4/18/22LEGLEGGETT &PLATT INC$269.39
4/18/22PKGPACKAGING CORP OF AMERICA$4.04
4/20/22BCEBCE INC$410.73
4/20/22PSECPROSPECT CAP CORP$155.54
4/25/22NUSINATIONWIDE RISK-MANAGED INCOME ETF$18.28
4/26/22XRMIGLOBAL X FDS S&P 500 RISK$29.73
4/29/22AMNFARMANINO FOODS DISTINCTION INC$42.60
4/29/22BNSBANK OF NOVA SCOTIA$29.01
4/29/22CMCANADIAN IMPERIAL BANK OF COMMERCE$293.22
4/29/22OGEOGE ENERGY CORP$142.64
4/29/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$39.44

March Dividend Income

After 35 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 look at how this past month is getting me there.

For the month of March I made $5,343.37; an increase of 26.07% versus this time last year.

In March I received 4 dividend raises from AMNF, QCOM, WSM and WPC which is a far cry from the 20 I received last month but welcomed none the less. 

On the home front my daughter received a stay of execution on her job as they received a late round of funding which should keep the company open for another year and the good news is she received a $10K retention bonus for being loyal. This takes a little stress off of her and myself. 

At my place of work, I received my annual pay raise mid-month but it was pretty small in comparison to inflation.  I did increase my 401K contribution by 1% but just could not swing an increase to my weekly M1 finance contribution.   Even the 1% increase I am questioning as costs have risen but hey no pain no gain.  This now brings my annual savings rate up to 25.9% from 24.9% last year.

2022202120202019201820172016201520142013
401K12%11%10%10%10%10%10%10%10%10%
Brokerage4.50%4.50%4%3.70%1%0.80%0.50%0.70%
Roth IRA9.40%9.40%8.30%5.40%1.90%
Total Saving Rate25.90%24.90%22.30%19.10%12.90%10.80%10.50%10.00%10.00%10.70%
10 Year Savings Rate

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

DateSymbolCompanyAmount
3/1/22ALEALLETE INC$137.32
3/1/22NUSIETF SER SOLUTIONS NATIONWIDE NASDQ$38.14
3/1/22PNWPINNACLE WEST CAPITAL CORP$116.99
3/1/22PSXPHILLIPS 66$27.09
3/1/22SJMSMUCKER J M CO$17.81
3/2/22FASTFASTENAL$12.76
3/2/22XRMIGLOBAL X FDS S&P 500 RISK$52.77
3/3/22CMICUMMINS INC$40.74
3/3/22DFSDISCOVER FINANCIAL SERVICES$12.95
3/3/22ENBENBRIDGE INC$249.40
3/3/22VLOVALERO ENERGY CORP$35.28
3/4/22BLVVANGUARD BD INDEX FDS LONG TERM BOND$13.34
3/4/22PFEPFIZER INC$237.15
3/4/22VCLTVANGUARD SCOTTSDALE FUNDS LONG-TERM COR$14.18
3/7/22HYGISHARES TR IBOXX HI YD ETF$19.47
3/7/22PFFISHARES TR PFD AND INCM SEC$43.10
3/7/22SOSOUTHERN CO$67.50
3/8/22AMGNAMGEN INC$11.66
3/8/22JNJJOHNSON & JOHNSON$185.52
3/10/22CVXCHEVRON CORP$23.96
3/10/22IBMINTERNATIONAL BUS MACH CORP$152.12
3/10/22MSFTMICROSOFT CORP$67.69
3/10/22SNASNAP-ON INC$25.26
3/10/22UPSUNITED PARCEL SERVICE INC$339.60
3/11/22PRUPRUDENTIAL FINANCIAL INC$514.39
3/11/22WBAWALGREENS BOOTS ALLIANCE INC$67.01
3/14/22MMM3M CO$63.12
3/15/22AVAAVISTA CORP$146.43
3/15/22EPREPR PROPERTIES$77.71
3/15/22FAFFIRST AMERICAN FINANCIAL CORP$163.33
3/15/22NWLNEWELL BRANDS INC$25.56
3/16/22DUKDUKE ENERGY CORP$66.77
3/17/22BHBBAR HARBOR BANKSHARES$49.50
3/17/22OGNORGANON & CO$5.65
3/18/22RRYDER SYSTEM INC$54.57
3/21/22CMPCOMPASS MINERALS INTERNATIONAL INC$28.65
3/22/22PSECPROSPECT CAP CORP$155.54
3/24/22QCOMQUALCOMM INC$160.93
3/24/22ULUNILEVER PLC SPON ADR$61.97
3/25/22BPBP PLC SPONSORED ADR$8.59
3/25/22KHCKRAFT HEINZ CO$9.60
3/25/22LMTLOCKHEED MARTIN CORP$25.63
3/30/22TROWPRICE T ROWE$23.75
3/31/22ARCCARES CAPITAL CORP$551.61
3/31/22AVGOBROADCOM INC$8.37
3/31/22BEPBROOKFIELD RENEWABLE PARTNERS$280.60
3/31/22CTOCTO RLTY GROWTH INC$61.62
3/31/22GATXGATX CORP$55.27
3/31/22NEWTNEWTEK BUSINESS SVCS CORP$537.50
3/31/22PEPPEPSICO INC$56.40
3/31/22WEYSWEYCO GROUP INC$25.90
3/31/22WMWASTE MANAGEMENT INC$46.92
3/31/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$68.68

February Dividend Income

Before I start this post, I just wanted to state it is hard for me to get excited about finances the last few days.  There is so much tension and tragedy around Russia’s invasion of Ukraine to the point where it is depressing seeing it unfold.  I know there are fellow international bloggers whose sites I visit regularly and their country borders or is near a border with Russia of which I cannot imagine how they feel as Russia is saber rattling to those countries like Sweden, Finland, and others.   I have said my peace and will keep the Ukrainian people in my prayers.  Now onto the monthly post…

After 35 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 look at how this past month is getting me there.

For the month of February I made $3,006.83; an increase of 5.96% versus this time last year.

In February I received 20 dividend raises which is a new record for me as the most raises ever in a single month. 

On the home front we are still dealing with health issues with extended family members.  My oldest daughter was just notified her company is closing and her last day will be the end May.  She is taking the news as best as she can, but my fear is with only 2 years of experience she may struggle to find a job.   

The end of February is my annual review at work which went fairly well as I received a 4% raise which will kick in around mid March.  I will most likely be redirecting some of that to future savings but not too much as 4% did not even cover inflation.

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

DateSymbolCompanyAmount
2/1/22CMCANADIAN IMP BK COMM$292.04
2/1/22GISGENERAL MILLS INC$94.89
2/1/22TAT&T INC$624.04
2/1/22VZVERIZON COMMUNICATIONS INC$100.77
2/4/22BLVVANGUARD BD INDEX FDS LONG TERM BOND$14.45
2/4/22VCLTVANGUARD SCOTTSDALE FUNDS LONG-TERM COR$16.57
2/7/22HYGISHARES TR IBOXX HI YD ETF$19.26
2/7/22PFFISHARES TR PFD AND INCM SEC$39.59
2/14/22APDAIR PRODUCTS AND CHEMICALS INC$34.17
2/15/22ABBVABBVIE INC COM$215.15
2/15/22EPREPR PROPERTIES$77.71
2/15/22HASHASBRO INC$40.33
2/15/22IBCPINDEPENDENT BK CORP MICH$43.26
2/15/22OHIOMEGA HEALTHCARE INVESTORS INC$722.72
2/15/22PGPROCTER AND GAMBLE CO$114.15
2/17/22PSECPROSPECT CAP CORP$155.54
2/23/22ARTNAARTESIAN RES CORP$202.33
2/25/22ODCOIL DRI CORP OF AMERICA$28.20
2/25/22WSMWILLIAMS-SONOMA INC$12.87
2/28/22SBRASABRA HEALTH CARE REIT INC$86.75
2/28/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$72.04

January Dividend Income

After 35 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 look at how this past month is getting me there.

For the month of January I made $3,699.22; an increase of 19.41% versus this time last year. January was a pretty cold month with lots of snow but this increase kept me pretty warm :).   Markets were crazy but my portfolio held up well most likely due to investors rotating into value and/or dividend paying stocks.

In January I received 5 dividend raise announcements from Chevron (CVX), Fastenal (FAST), GATX Corp (GATX), Independent Bank Corp (IBCP), and Kimberly-Clark Corp (KMB) which all together add $30.79 to my annual forward dividend.

On the home front we are still dealing with health issues with extended family members, but some of the craziness has settled down.  My job on the other hand has been a bit more demanding but it may just be people all energized for a new year. As much as I have enjoyed my career, I am noticing the closer I get to FI the less patience I’m having with the job and co-workers. Guess we can call this the FI effect (lol)!  Let’s see the things we all love to see…charts and dividend payouts:

DateSymbolCompanyAmount
1/3/22AGRAVANGRID$23.71
1/3/22PPLPPL CORP$490.05
1/3/22WMTWALMART INC$14.48
1/4/22GRMNGARMIN LTD$67.89
1/4/22KMBKIMBERLY-CLARK CORP$16.63
1/6/22IRMIRON MOUNTAIN INC$497.17
1/6/22TUTELUS CORPORATION$56.52
1/7/22MRKMERCK &CO. INC$148.57
1/7/22PEPPEPSICO INC$56.05
1/13/22MPWMEDICAL PROPERTIES TRUST INC$185.17
1/14/22APTSPREFERRED APARTMENT COMMUNITIES INC$82.97
1/14/22AQNALGONQUIN PWR UTILS CORP$244.27
1/14/22KBALKIMBALL INTERNATIONAL INC$2.43
1/14/22LEGLEGGETT &PLATT INC$105.19
1/14/22PKGPACKAGING CORP OF AMERICA$4.00
1/14/22WPCWP CAREY INC$575.25
1/18/22CPTCAMDEN PROPERTY TRUST$12.73
1/18/22EPREPR PROPERTIES$77.71
1/18/22GSKGLAXOSMITHKLINE ADR$172.74
1/20/22BCEBCE INC$175.73
1/20/22PSECPROSPECT CAP CORP$155.54
1/24/22AMNFARMANINO FOODS DISTINCTION INC$39.05
1/28/22OGEOGE ENERGY CORP$141.09
1/31/22BGSB&G FOODS INC$269.11
1/31/22BNSBANK OF NOVA SCOTIA$29.01
1/31/22NUSIETF SER SOLUTIONS NATIONWIDE NASDQ$13.20
1/31/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$42.96

December 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 look at how this past month is getting me there.

For the month of December I made $5,351.51; an increase of 23.74% versus this time last year. A large portion of this jump was from Newtek Business Services (NEWT) which was able to payout a massive dividend because of all the PPP loan originations.  Now that PPP loans are a thing of the past the dividends from NEWT will decline making Dec 2022 a tough month next year for year over year gains.

In December I received 7 dividend raise announcements from Amgen (AMGN), Broadcom (AVGO), CBIC (CM), Enbridge (ENB), Pfizer (PFE), W.P. Carey (WPC) and Waste Management (WM). I love this time of year as it signals the beginning of steady dividend raises that usually come in from December through March for the bulk of my portfolio.

On the home front we are dealing with some health issues with extended family members, which is a bit draining on me and the wife. There is a tale for expenses in this experience, but I will wait until after the crisis’s have been resolved before I share the story. Let’s see the things we all love to see…charts and dividend payouts:

DateSymbolCompanyAmount
12/1/21ALEALLETE INC COM NEW$131.73
12/1/21PNWPINNACLE WEST CAPITAL CORP COM NPV$115.50
12/1/21PSXPHILLIPS 66 COM$26.74
12/1/21SJMSMUCKER J M CO COM NEW$16.69
12/2/21CMICUMMINS INC$40.46
12/3/21ENBENBRIDGE INC COM ISIN #CA29250N1050 SED$236.07
12/3/21ULUNILEVER PLC SPON ADR NEW$36.17
12/6/21PFEPFIZER INC$229.56
12/6/21SOSOUTHERN CO$66.79
12/7/21JNJJOHNSON &JOHNSON COM USD1.00$184.29
12/8/21AMGNAMGEN INC$8.74
12/8/21UPSUNITED PARCEL SERVICE INC$227.88
12/9/21DFSDISCOVER FINANCIAL SERVICES$12.95
12/9/21MSFTMICROSOFT CORP$67.57
12/9/21VLOVALERO ENERGY CORP COM$35.28
12/10/21CVXCHEVRON CORP NEW COM$22.61
12/10/21IBMINTERNATIONAL BUS MACH CORP COM USD0.20$150.10
12/10/21WBAWALGREENS BOOTS ALLIANCE INC$65.41
12/13/21MMM3M CO$57.77
12/15/21AVAAVISTA CORP$139.18
12/15/21EPREPR PROPERTIES SBI USD0.01$77.71
12/15/21FAFFIRST AMERICAN FINANCIAL CORP COM USD0.$163.33
12/15/21NWLNEWELL BRANDS INC COM$25.56
12/16/21DUKDUKE ENERGY CORP NEW COM NEW ISIN #US26$66.14
12/16/21OGNORGANON &CO COMMON STOCK$5.60
12/16/21PRUPRUDENTIAL FINANCIAL INC$487.72
12/16/21QCOMQUALCOMM INC$160.93
12/17/21BHBBAR HARBOR BANKSHARES$49.09
12/17/21BPBP PLC SPONSORED ADR$8.59
12/17/21KHCKRAFT HEINZ CO COM$9.49
12/17/21RRYDER SYSTEM INC$54.57
12/17/21WMWASTE MANAGEMENT INC$41.50
12/20/21CMPCOMPASS MINERALS INTERNATIONAL INC$28.65
12/22/21HYGISHARES TR IBOXX HI YD ETF$36.26
12/22/21PFFISHARES TR PFD AND INCM SEC$87.58
12/23/21PSECPROSPECT CAP CORP COM$155.54
12/27/21LMTLOCKHEED MARTIN CORP COM USD1.00$25.43
12/28/21NUSIETF SER SOLUTIONS NATIONWIDE NASDQ$12.79
12/29/21BLVVANGUARD BD INDEX FDS LONG TERM BOND$40.98
12/29/21VCLTVANGUARD SCOTTSDALE FUNDS LONG-TERM COR$31.08
12/30/21ARCCARES CAPITAL CORP COM$502.58
12/30/21CTOCTO RLTY GROWTH INC NEW COM$56.13
12/30/21NEWTNEWTEK BUSINESS SVCS CORP COM NEW$868.27
12/30/21TROWPRICE T ROWE GROUPS COM USD0.20$16.96
12/31/21AVGOBROADCOM INC COM$8.32
12/31/21BEPBROOKFIELD RENEWABLE PARTNERS PARTNERSH$266.34
12/31/21BEPCBROOKFIELD RENEWABLE CORP CLASS A SUBOR$66.52
12/31/21GATXGATX CORP COM STK USD0.625$53.15
12/31/21WEYSWEYCO GROUP INC$25.63
12/31/21M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$47.58

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

October 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 lets take a look at how this past month is getting me there.

For the month of October I made $3,310.23; a decrease of -5.96% versus this time last year. Not every month is going to be positive and this is one of those times. I had two payments that opted to pay me in November instead of October. On the bright side, November’s payout will get a nice bump.

In October I received two dividend raise announcements from Phillips 66 (PSX) at 2% and AbbVie Inc. (ABBV) at 9%. I was expecting a third raise from Pinnacle West Capital (PNW) but they moved their quarterly meeting to early November and anticipate the announcement then.

On the home front my expenses have remained the same which means my savings rate has stayed steady at 24.9% but there may be a change coming.  My oldest daughter’s car died and she had to buy a replacement. Since her old car was in my name I was paying the taxes and insurance but the new car is in her name and she got her own insurance. This is going to free up some money and the bulk of it I will redirect to my investing accounts. Hopefully next month my savings rate will go up.

Enough of me droning on, let’s see the things we all love to see…charts and dividend payouts:

DateSymbolCompanyAmount
10/1/21AGRAVANGRID$23.51
10/29/21AMNFARMANINO FOODS DISTINCTION INC$39.05
10/15/21APTSPREFERRED APARTMENT COMMUNITIES INC$82.97
10/15/21AQNALGONQUIN PWR UTILS CORP$232.62
10/19/21BCEBCE INC$170.08
10/6/21BLVVANGUARD BD INDEX FDS LONG TERM BOND$13.92
10/29/21BNSBANK OF NOVA SCOTIA COM$26.59
10/18/21CPTCAMDEN PROPERTY TRUST$12.73
10/15/21EPREPR PROPERTIES$77.71
10/11/21GSKGLAXOSMITHKLINE$170.72
10/7/21HYGISHARES TR IBOXX HI YD ETF$18.02
10/6/21IRMIRON MOUNTAIN INC$495.46
10/15/21KBALKIMBALL INTERNATIONAL INC$2.41
10/4/21KMBKIMBERLY-CLARK CORP$16.49
10/15/21LEGLEGGETT &PLATT INC$83.30
10/14/21MPWMEDICAL PROPERTIES TRUST INC$184.51
10/7/21MRKMERCK &CO. INC$137.08
10/25/21NUSINATIONWIDE RISK-MANAGED INCOME ETF$12.74
10/29/21OGEOGE ENERGY CORP$139.42
10/7/21PFFISHARES TR PFD AND INCM SEC$51.71
10/1/21PPLPPL CORP$489.49
10/21/21PSECPROSPECT CAP CORP$155.54
10/5/21TUTELUS CORPORATION$54.15
10/6/21VCLTVANGUARD SCOTTSDALE FUNDS LONG-TERM COR$15.91
10/15/21WPCWP CAREY INC$572.04
10/29/21M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$32.06

September Dividend Income

After 34 years of clocking in and out of work and religiously saving at least 10% annually in my 401K 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 September I made $5,192.28; an increase of 38.31% versus this time last year. This marks the first time I have ever crossed the $5K so an awesome month on this front for sure.

In September I received four dividend raise announcements from Microsoft Corp. (MSFT), Artesian Resources (ARTNA), Lockheed Martin (LMT), and OGE Energy (OGE).  Of the four only the OGE raise was unexpected as I had forecasted a 3% raise, but they issued a 1.7% raise which was disappointing but a raise none the less.

On the home front my expenses have remained the same which means my savings rate has stayed steady at 24.9%.  I have no pics or adventures for the month. September is tough month as we sadly say goodbye to summer and its warm days, the swimming pool gets covered and winterized and of course the day becomes that much shorter as the sun sets so quickly.  The trees around my house are mostly green with a touch yellow, orange, or red on their edges, a sign that peak autumn foliage is just a few weeks away.

Enough of me droning on about the passing of another summer let’s see the things we all love to see…charts and dividend payouts:

DateSymbolCompanyAmount
9/1/21ALEALLETE INC$128.41
9/1/21PSXPHILLIPS 66$25.84
9/1/21SJMSMUCKER J M CO$10.45
9/2/21CMICUMMINS INC$40.46
9/2/21DFSDISCOVER FINANCIAL SERVICES$12.95
9/2/21VLOVALERO ENERGY CORP$35.28
9/3/21ENBENBRIDGE INC$236.19
9/7/21BLVVANGUARD BD INDEX FDS LONG TERM BOND$14.47
9/7/21JNJJOHNSON &JOHNSON$184.18
9/7/21PFEPFIZER INC$227.64
9/7/21SOSOUTHERN CO$66.14
9/7/21VCLTVANGUARD SCOTTSDALE FUNDS LONG-TERM COR$15.63
9/7/21WMTWALMART INC$14.48
9/8/21HYGISHARES TR IBOXX HI YD ETF$17.07
9/8/21PFFISHARES TR PFD AND INCM SEC$52.60
9/9/21MSFTMICROSOFT CORP$61.03
9/9/21UPSUNITED PARCEL SERVICE INC$227.87
9/10/21CVXCHEVRON CORP$22.61
9/10/21IBMINTERNATIONAL BUS MACH CORP$148.35
9/10/21ULUNILEVER PLC$14.84
9/10/21WBAWALGREENS BOOTS ALLIANCE INC$58.88
9/13/21MMM3M$57.77
9/13/21OGNORGANON &CO$5.60
9/15/21AVAAVISTA CORP$135.62
9/15/21EPREPR PROPERTIES$77.71
9/15/21FAFFIRST AMERICAN FINANCIAL CORP$163.33
9/15/21NWLNEWELL BRANDS INC$25.56
9/16/21DUKDUKE ENERGY CORP NEW COM NEW ISIN #US26$65.51
9/16/21PRUPRUDENTIAL FINANCIAL INC$482.40
9/16/21VTRSVIATRIS INC$7.75
9/17/21BHBBAR HARBOR BANKSHARES$48.64
9/17/21RRYDER SYSTEM INC$54.57
9/17/21WMWASTE MANAGEMENT INC$41.50
9/20/21CMPCOMPASS MINERALS INTERNATIONAL INC$137.52
9/23/21PSECPROSPECT CAP CORP$155.54
9/23/21QCOMQUALCOMM INC$160.93
9/24/21BPBP PLC$8.59
9/24/21KHCKRAFT HEINZ CO$9.39
9/24/21LMTLOCKHEED MARTIN CORP$18.27
9/27/21NUSIETF SER SOLUTIONS NATIONWIDE RSK$12.77
9/29/21BEPBROOKFIELD RENEWABLE PARTNERS$266.34
9/29/21BEPCBROOKFIELD RENEWABLE CORP$66.52
9/29/21TROWPRICE T ROWE GROUPS$16.88
9/30/21ARCCARES CAPITAL CORP$502.58
9/30/21AVGOBROADCOM INC$7.25
9/30/21CTOCTO RLTY GROWTH INC$55.10
9/30/21GATXGATX CORP$53.15
9/30/21GRMNGARMIN$67.89
9/30/21NEWTNEWTEK BUSINESS SVCS CORP$744.23
9/30/21PEPPEPSICO INC$55.66
9/30/21WEYSWEYCO GROUP INC$25.38
9/30/21M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$46.96