Dividend Income Update – December 2016

Another month has passed by, and it’s time for me to post the dividends that Skyy earned in the month of December. It’s hard to argue the success of long-term dividend growth investing when you can slowly and surely see dividend income rise over time and get closer to covering your family expenses.

I hope these monthly dividend income reports provide inspiration for any investors out there that are just starting out. It shows that it’s possible to one day pay for monthly expenses with dividends, which would provide an investor opportunities and freedom to pursue other interests than full-time work.

December 2016 Dividends Received

  • Pfizer (PFE) – $3.19
  • Spectra Energy (SE) – $2.59
  • Johnson & Johnson (JNJ) – $1.65
  • Coca-Cola (KO) – $3.70
  • Emerson Electric (EMR) – $2.49
  • Chevron (CVX) – $2.26
  • Realty Income (O) – $6.40
  • Unilever (UL) – $0.73
  • Consolidated Edison (ED) – $7.11
  • Diebold (DBD) – $1.07
  • Old Republic (ORI) – $3.83
  • Waste Management (WM) – $0.85
  • Frontline (FRO) – $13.86
  • Bank of America (BAC) – $1.52
  • Cornerstone Fund (CLM) – $33.05

Total dividends received during the month of December: $84.30

The new year is Finally here! The Dow still has not hit 20K as of yet but might do so in the next month or so. I made some buys at the end of the year that should boost the Dividend Income for the new year and make it past the $1000 mark for income by the end of the year.

Its crazy to think how fast 2016 went past, overall it was a good year and the Skyy Fund saw a nice bump YTD. Hopefully the bull market can continue all the way into 2018 along with the expected Fed rate hikes. (haha) but time will tell.

I still plan on adding to the companies that pay out in Feb., May, Aug.,  and Nov once I can add more money to the account. As always we are truly thankful that Skyy was able to earn $84 this month without lifting a finger and continuing to be a great daughter. She did nothing to earn this money except for make great decisions with past Cash Flow!

Work Hard or Work Smart?

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5 thoughts on “Dividend Income Update – December 2016

  1. Go Skyy, keep earning those moneys.

    I noticed you had a few utilities in your portfolio. I’m thinking about looking more into the utility sector. Do you have any that have stood out above the rest in your portfolio?

    1. Hey WS!
      Its funny that you ask because I was just looking at that last week with some utility companies that we own. You might have heard of Spectra Energy(SE). They recently just got acquired and they jumped up +$10 dollars over the past 6 months.

      Also Montana Utility(MDU) ever since I bought them over a year ago they have slowly been climbing. Got them at $20 and currently been around $29. You should check them out if you have the time!

  2. I don’t see my comment on the blog but got your reply. Here is my counter reply =)

    “Nice I had SE for a while because I heard alot about it. Bought it and became terrified that I didn’t do enough research about it so sold it high. Glad it’s doing well for you! Maybe I’ll look at more MLP types.

    PS. I notice your comments don’t show up on your blog. Do you do that on purpose? I’m responding via the WordPress portal.”

  3. WS,
    Interesting when I go to dividend miracle on a random computer I see all the comments. Maybe go to the blog outside of the WordPress portal?

    Yes but look into them, some are pretty decent! Look into MDU and KMI

    Thanks for stopping by!

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