November 2025 Dividend Stock Purchases

As I'm writing this blog post, it's currently Friday, November 14th. The high temperature here in Central Wisconsin is set to reach 51 degrees Fahrenheit later today. For this time of the year, this is fantastic weather. Needless to say, I plan on getting outside for a while today!

With that aside, my purchases for November 2025 are likely complete. That's why I will now be highlighting my dividend stock purchases for the month.

Dividend Stock Purchase #1: Carlisle Companies (CSL)

My first dividend stock purchase during the month was another share of Carlisle Companies at a price of $323.69. For my investment thesis, readers can peruse my November 2025 Stock Watch List blog post. This transaction added $4.40 to my net annual forward dividends, which works out to a 1.36% net dividend yield.

Dividend (Distribution) Stock Purchase #2: MPLX LP (MPLX)

The next stock purchase that I completed in November 2025 was 13 units of MPLX LP at an average price per unit of $51.00. Readers may recall that ONEOK was on my watch list for November 2025. However, I felt compelled to pounce on the double-digit percentage distribution hike from MPLX announced earlier this month. This is a position I hadn't added to since last November, so it felt good to up the position. That raised my net annual forward distributions by $55.978, which is equivalent to an 8.44% distribution yield.

Dividend Stock Purchase #3: Novo Nordisk (NVO)

The third dividend stock purchase that I made during the month was 10 more shares of Novo Nordisk at an average cost of $49.43 per share. My investment thesis for this buy can also be found in the November 2025 Stock Watch List blog post that I linked to earlier. This lifted my net annual forward dividends by $15.31, which equates to a 3.10% net dividend yield.

Bonus Dividend Stock Purchase #1: Automatic Data Processing (ADP)

A bonus stock purchase that I completed in November 2025 was another share of Automatic Data Processing at a price of $257.17. Interested readers can find my investment thesis in this September Seeking Alpha article. The transaction increased my net annual forward dividends by $6.16, which works out to a 2.40% dividend yield.

Bonus Dividend Stock Purchase #2: Royal Gold (RGLD)

The other bonus stock purchase that I made during the month was a six share starter position in Royal Gold at a cost per share of $170.58. The gist of my investment thesis is available in this Seeking Alpha listicle or my December 2025 Dividend Stock Watch List blog post. This lifted my net annual forward dividends by $10.80, which is equivalent to a 1.06% net dividend yield.

Concluding Thoughts:

In November, I allocated $2,761.69 in net capital. These purchases lifted my net annual forward dividends/distributions by $92.648, which equates to a 3.35% net dividend/distribution yield.

If my remaining dividend hikes play out as anticipated, this will have also boosted my net passive income by $13.24 (including a raise from Aflac). That would raise my net annual forward dividends/distributions from approximately $6,510 at the start of the month to around $6,615 to end the month.

Discussion:

How did you or how do you expect to fare with your capital deployment in November 2025?

Have you opened any new positions during the month as I have with RGLD? Do you expect to initiate any new positions?

Thank you for reading. I look forward to your comments below!