MonthlyCents – December 2016

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Hi All,

I’m starting a new post structure this month that will hopefully compile all information into one monthly summary.  This should make it easier to track all my investing activity, and pursuit for financial independence. Given the upcoming holidays, I am posting a little bit early this month.

A completely awesome and eventful year is coming to a close.  I successfully sold a condo, rented out a townhouse, moved to a new town, got married, went on a honeymoon to an unbelievable beach, and invested a ton of money into the market to propel what was a beginning dividend portfolio to the next level.  I’m starting to generate some meaningful dollars on a monthly basis and look to keep the growth going through the foreseeable future.  In the last month of the year, I have officially entered into the 4 digit club with a dividend income number of $1,096!

Dividend Income

Ticker Amount Received
ADM
$21.30
AFL
$39.99
ALGT
$11.90
AWR
$11.62
BA
$32.70
CMI
$36.90
D
$9.10
DVY
$4.18
DWX
$8.01
EMR
$56.16
F
$135.60
GILD
$7.99
GM
$149.72
HP
$23.80
IDV
$20.74
IBM
$36.40
IJR
$60.59
JNJ
$75.20
KO
$41.30
LMT
$9.10
MET
$17.20
MMM
$38.85
MPC
$14.76
R
$6.60
PSX
$16.38
TGT
$90.60
TRV
$28.14
TSO
$29.70
VLO
$53.40
VYMI
$0.67
WHR
$7.00 

Month Total: $1,096

YTD Total: $4,517

Quarter over Quarter Dividend Growth

I will add Lending Club income in this calculation for 2017, but for now it just included dividends.

Month Dividends % Increase  Month Dividends % Increase  Month Dividends % Increase
01/2016
$77 –  02/2016 $168 –  03/2016 $436  – 
04/2016
$106 37.6% 05/2016 $201 19.6% 06/2016 $585 34.2%
07/2016
$139 31.1% 08/2016 $256 27.4% 09/2016 $964 64.7%
10/2016
$237 70.5% 11/2016 $252 -1.5% 12/2016 $1096 13.7%

Top Performers

Best performers in terms of price growth

Ticker Shares Cost Per Share Current Share Price Gain
TRN
128 $19.68 $28.39 44.2%
IJR
112 $101.90 $139.79 37.7%
MPC
41 $35.59 $48.95 37.5%

Foundation Stock Update

Ticker Purchase Price Current Price Price Growth Dividends Collected
JNJ
$102.71 $115.70 12.6% $224.00
AFL
$59.28 $70.37 18.7% $119.53
GPC
$84.83 $98.37 16.0% $114.41
TGT
$72.61 $77.50 6.7% $252.52
MMM
$140.49 $178.86 27.3% $109.72

Dividends for Charity Update

Learn more about Dividends for Charity hereIn year 1, I am re-investing my dividends in order to kick-start the fund.  By Year 2, it should easily be able to support my $25 monthly donation to Children International and on its way to supporting 2 monthly donations (and more!)

Month/Year Donations Made Portfolio Dividends Portfolio Price Growth
Dec 2016
$125 $133 $537

Watch List for Next Month

Beaten Down: ORCL, BUD, AGU

Growth: GATX, RGR

Slow, Steady, and Safe: ABBV, GPC, AFL, MMM, EMR, T, AWR

Lending Club Progress

Below is my total lending club account status. Charge-offs have started to catch up to my initial 15%+ return.  One could have guessed that there’s no surefire way to get such a high return.  As long as I maintain an interest rate superior to that of a savings account, I’m considering it a win.  Since I re-invest all my proceeds it’s hard to keep track of a return rate here.  I’m looking to simply have my interest received outpace my charge-off amount, so that’s what we’ll track here.  These totals are for all-time, not simply this year.

Month/Year Total Loans Interest Received Charge-offs
Dec 2016
405 $1019 $210

Progress Towards $30,000 Passive Income Goal

Year Dividend Income Adj. Lending Club Income Total Income Progress Towards Goal
2016
$4517 $590 $5107 17%

After posting $660 of passive income in 2015, we’ve jumped all the way to $5,107.  Awesome growth, but still nowhere near we need to be.  This covers a chunk of our non-rent monthly expenses (utilities + car).  Our momentum is really growing for 2017, as we’ve now paid off all non-mortgage debt (i know mortgage debt still counts) and are making good salaries in a low cost of living area.

With my first full year of maintaining the website in the books, I’ll just say thank you for reading.  Blogging is entirely more time consuming than I thought it would be, but hopefully I’ve helped at least one person formulate a nice long-term strategy, and I know that it has helped motivate me to become a more thorough, goal-oriented investor.  I’ve enjoyed reading countless articles from the dividend investing community and can say that my outlook in life, although never too low, has been heightened by positive reinforcement and optimism that is displayed on a daily basis.

It’s important to always look toward the future, and therefore I’m setting a lofty 2017 goal of $10,000 in passive income.  I think this is a reachable goal with a frugal (and still cushy!) lifestyle.  We’ll see what we can get done.  The great thing about dividend investing is that it’s so easy to track progress regardless of whether the markets are artificially high or artificially low.  The income at the end of each month is what counts the most, price growth/decline is secondary to the goal.

Thank you for reading & Happy Holidays!

You can see my full income summary here.

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http://monthlycents.com/2016/12/08/dividend-income-december-2016/

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