In terms of investing, this has been another good month. All of my accounts have already surpassed their dividend output of last year, so next month will be a real profit maker. Looking even further down the line, next year will even bigger, I cannot wait to push harder for FI that I have before.
This month I made one purchase, acquiring shares of Eastman Chemical (EMN) in my taxable portfolio.
Last month I brought in a total of $294.85 in dividends ($82.22 taxable, $63.75 Roth, and $148.88 IRA). This is an increase from last year (240.04 total) by 22.8%.
In terms of dividend increases, I realized* three raises from American Express (AXP), Royal Bank Canada (RY), and Verizon (VZ). The increases are from 2% to about 11%. I have now realized 46 raises thus far this year.
Next month I will realize five raises from McDonald's (MCD), Microsoft (MSFT), VF Corp (VFC), YUM China (YUMC), and Emerson Electric (EMR). The increases are from about 1.5% to about 16% (all but EMR are higher than 9%).
* I only count increases when realized, because until that money is delivered any statements or declarations are simply conjecture.
The mortgage continues has started to see more cash flowing towards the principal - not a huge number, but every little bit counts. Our debts currently outstrip our assets (I choose not to count the house as an asset). Outside of our house, we still have very low interest auto debt (1.9 and 1.5% for our cars). My car is getting paid at doublish time, and I suspect I can finish it off within 9 months from now - which will be nice because I plan on keeping that car for 20 years. Debt is being eliminated, and we are still building and assets. A second income goes a long way.
My next purchase will be in December, which makes for 6 consecutive months of buys going back to July (sweet).
Next month should produce around $400 in dividends, which is a 14% YOY increase.
My portfolio page is currently up to date.
Hope everyone has a great December.
- Dividend Gremlin
- Long all stock tickers mentioned