Tuesday, January 11, 2022

December 2021 Dividend Income

As I'm writing this blog post, we're a couple of days into 2022. And based on the wind chill dipping down into the single-digits below 0 degrees Fahrenheit, the time of the year is certainly beginning to show here in Central Wisconsin.

With December 2021 in the books, it's now time to look at how much my portfolio generated for me in net dividends during the month. As I alluded to in my previous blog post, I received a record in net dividends (including the $10 annual fee for my Capital Income Builder mutual fund).

But just how much of a record was December 2021 for the portfolio? Let's dive in to find out.







Analysis:

During the month of December 2021, I collected a record $353.38 in net dividends. Against the previous record of $229.54 set in September 2021, this represents a 54% quarterly growth rate.

And on a year-over-year basis, my net dividends received in December 2021 skyrocketed 113.4% over December 2020's $165.60 in net dividends.

More specifically, I collected $172.48 in net dividends from 36 stocks within my Robinhood portfolio. I also received $166.90 in net dividends from my Capital Income Builder (CAIBX) mutual fund in the retirement account sponsored by my previous employer. In addition, I collected $13.55 in net dividends within my Webull portfolio from 6 stocks. Finally, I received $0.45 in net dividends in my M1 Finance account from 22 stocks.

The $123.84 increase in net dividends collected from September 2021 to December 2021 was due to the following activity within my portfolio:

Beginning in my retirement account, my net dividends received from CAIBX in December were $96.90 higher than in September because of both a higher share count ($0.41 of the difference) and the special dividend ($96.49 of the boost).

My net dividends collected from Broadcom (AVGO) were boosted by $1.50 within my Robinhood and Webull portfolios, which was the result of the recent dividend hike in the quarterly dividend from the stock.

I received another $0.90 in net dividends from Simon Property Group (SPG) in my Robinhood account, which was due to the payout increase in the quarterly dividend to $1.65 per share. 

My net dividends collected from Crown Castle International (CCI) were $5.88 higher within my Robinhood portfolio, which was the result of my purchase of the stock made in November and the first dividend I received from the stock.

I received another $2.92 in net dividends from Main Street Capital (MAIN) in my Robinhood account. This was a combination of a higher share count from my additions in November, an increase in the regular monthly dividend, and the stock's $0.10 per share supplemental dividend.

My net dividends collected from Lockheed Martin (LMT) were boosted by $3.40 within my Webull and Robinhood portfolios, which was both the dividend raise announced in September and an extra share that I purchased in September.

I received $3.57 in net dividends from Raytheon Technologies (RTX) in my Robinhood account, which was the first dividend I received since purchasing the stock last November. 

My net dividends collected from McDonald's (MCD) were $4.14 within my Robinhood portfolio, which was the first time I received a payment from the stock since buying it in October.

I also received an extra $0.14 from Realty Income (O) in my Robinhood portfolio, which was due to the increase in the monthly payout back in November.

My net dividends collected from KeyCorp (KEY) were boosted by $0.22 within my Robinhood account, which was the result of the dividend hike announced in November.

I received another $1.92 in net dividends from American Electric Power (AEP) in my Robinhood portfolio, which was due to the dividend increase announced in October and my purchase of two more shares in October.

My net dividends collected from Exxon Mobil (XOM) increased $0.11 within my Robinhood account, which was also the result of the dividend increase in October.

I also received an extra $0.18 in net dividends from Microsoft (MSFT) in my Robinhood portfolio, which was due to the payout hike in September.

My net dividends collected from Amgen (AMGN) were boosted by $1.76 within my Robinhood account, which was the result of my purchase of an additional share in August.

I received another $1.06 in net dividends from Johnson & Johnson (JNJ) in my Robinhood portfolio, which was due to my purchase of an extra share in November.

My net dividends collected from Visa (V) were boosted by $0.49 within my Robinhood and Webull accounts, which was the result of the dividend hike in September and my purchase of another share in September.

I received an extra $4.35 in net dividends from Cummins (CMI) in my Robinhood portfolio, which was due to opening a position back in October. 

My net dividends collected from J.M. Smucker (SJM) were $0.99 higher within my Robinhood account, which was a result of my share purchase in August.

I received $3.25 less in net dividends from PepsiCo (PEP) in my Robinhood and M1 Finance portfolios, which was due to the timing of the dividend payment.

My net dividends collected from Pinnacle West Capital (PNW) was $0.14 higher within my Robinhood account, which was the result of the recent dividend increase.

I received $3.48 less in net dividends from Digital Realty Trust (DLR) in my Robinhood portfolio, which was due to the timing of the dividend payment.

Concluding Thoughts:

Overall, I'm very pleased with the $1,825.81 in net dividends that my portfolio generated in 2021. I'm looking forward to the next year of deploying fresh capital, reinvesting dividends, and receiving raises from my holdings.

Since I received so much in special dividends in December 2021, I'm expecting a moderate drop-off in net dividends received in March 2022. But at the rate I'm going, I wouldn't be surprised if my portfolio were to surpass $450 in net dividends in December 2022.

Discussion:

How was your December 2021?

Did you receive first-time dividends like I did from CCI, RTX, MCD, and CMI?

I appreciate your readership and welcome your comments in the section below!

2 comments:

  1. Congrats on setting a new record for your dividends! We crossed $1,300 for our main taxable account in December which was a personal best for us as well. Only 1 new company paid us dividends in December which was ADI, we're currently working on building the position out more. 2022 is already off to a great start and I'm expecting big things for the year. All the best.

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  2. Thanks for stopping by and checking out my dividend income report! And congrats on surpassing $1,300 in dividends within the taxable account.

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