November 2016 Income
In total, I received $280.57 in dividends for November 2016. Last November I received $391.43, giving me my first rather substantial drop in year-over-year dividends. However, this also factors in the loss of dividend income from Kinder-Morgan, which I have sold, and the decreased dividend of KKR. Also, it doesn’t count the $442.82 in profit realized from selling options in November. Counting these two together my income for November was $723.39.
I’ve received $4,161.57 so far in 2016, $338 more than I received in 2015 at this point.
Options: One open position. See my options tracker for more details.
| Symbol | Dividend Amount |
|---|---|
| AAPL | $104.64 |
| CAT | $41.09 |
| KKR | $38.98 |
| O | $11.24 |
| PGX | $0.21 |
| RY | $32.54 |
| T | $51.87 |
Total option income for November 2016: $442.82
Total cumulative option income for 2016: $849.69
Total dividends for November 2016: $280.57
Total cumulative dividend income for 2016: $4161.57
Forward 12-Month Dividends: $5074.55
Full disclosure: Long all the above stocks
Great month! You have some great companies paying out this month. AAPL is the only one we have in common, but I’ll be looking to add O and T very soon. The option income is awesome and truly great when comparing just one month to all of 2015.
Agent Dividend recently posted…Recent Stock Purchase
Thanks, Agent Dividend. AAPL is a good one. A lot of room for the dividend to grow! O and T are also good choices. I’d consider adding O to an IRA since its dividends are not qualified meaning that you’d owe taxes at your income tax rate and not at the more favorable long term capital gains rate.
Thanks for the update Steve! It’s great that you’re able to supplement your dividend income with options premiums. Also, good call moving on from KMI if you ask me.
Enjoy your weekend and wishing you a profitable December! 🙂
Jay
Jay recently posted…Why Technical Traders Shouldn’t Ignore Fundamental Analysis
Thanks, Jay! The weekend was fun. And, December is shaping up to be a great month for dividends. I doubt I’ll have as good an options month though… Thanks for the comment.
even if your dividend income dropped comparing to last year its a still great month! you have lots of AAPL! Best wishes
Happy Healthy and Wealthy Girl recently posted…Loyal3 November transactions
Thanks! Yep, the month was only decent thanks to my AAPL collection. 🙂 Hoping to get a little more diversified in the future.
Scott
2I –
Great month of div income even with a cut and a cut + sell off of KMI. Keep your motivation high and pursuit strong. You got this!
-Lanny
Thanks, Lanny! I’ll use you as an example. Excellent November for you!
Scott
Great month even with those pesky cuts. Cuts happen. They happen to all of us from shaky dividend payers to the bluest of blue chips. At least with those options premiums you killed it from an income perspective. Nice seeing CAT up there though I’m not too excited about that payout ratio.
DivHut recently posted…How has the US Dollar Fluctuated Since Donald Trump’s Presidential Victory?
DivHut,
Yeah, I’m not liking the payout ratio for CAT right now either. However, I’m betting that CAT will be a big recipient of a Trump infrastructure spend and maybe that will help the ratio correct.
Scott
Good income with the options income boost! I’m liking it that more dividend growth investors are getting into options… I’ve got lots to learn yet and seeing what others do always helps!
FerdiS,
I agree. It’s been nice to have others get into options as well. It’s been fun to see the trades that others are doing. Keep up the good work on your end too.
Scott
Great job! Seems like a lot of div investors held KMI. Cool to see you’re boosting it with options income; just be careful! 🙂
Thanks, Passive Income Dude. Options have worked well so far. They will definitely remain a small overall portion of my portfolio. I like being long stock way too much!
Also, I’m having trouble commenting on your site. I like to keep my Google account separate from my blog so I’m trying to use my WordPress ID. I’m logged into it but am getting the error: “Your OpenID credentials could not be verified.” Any chance you could fix this or allow the ability to comment using just a name and a URL? Thanks!
Scott
Awesome month even with the cuts it will go up again then this will seem like a drop in the bucket. cant wait to see Dec.
Doug recently posted…November Dividends
Thanks for the comment, Doug. Yeah, December dividends will be great and it will be here before we know it. These months are going by too fast!
Scott
Nice month! You are holding onto a lot of AAPL! Not a bad investment, they have so much cash sitting around and generate it like crazy.
Re-balancing the portfolio will be a part of the journey, as long as you feel good about the decisions, the new income will follow. Cheers to the holidays!
DividendStacker recently posted…Buy & Sell Transactions Update
Hi DividendStacker,
Thanks! Yeah, I have accumulated quite a bit of AAPL. I’m hoping they will do good things with a lot of that cash if the taxes rates are lowered so that they can bring some of it back to the US. Happy Holidays to you as well.
Scott
Great income, dividends and options. It looks like we have the same GILD put contracts open, I have a lower strike, but all else is the same.
Options Hunting recently posted…Covered Calls – Realty Income Corp and AT&T
Thanks! It is looking like I’ll be letting the GILD put get assigned. I’m actually hoping to buy some shares of GILD back around that time because the 30 day timeframe will have passed since I sold GILD for a tax loss. Plus, my cost basis will even be lower than my strike due to the premium received.
Very solid month despite the drop compared to last year. But free money (i.e. money earned without needing to work) is free money. Time to celebrate!
Tawcan recently posted…Should I sell some stocks now and wait for a market correction?
Thanks, Tawcan! Hoping to make year-over-year gains each month in 2017. But, you’re right, every little bit helps.
Scott
$280 is a great income!considering you are trading options and finished up with $723 sounds even greater! Best wishes
Happy Healthy and Wealthy Girl recently posted…I opened LendingClub account
Hi Happy Healthy and Wealthy Girl,
Yep, options really helped in November. They are starting to make up a substantial portion of my annual income, which is pretty cool to see.
Scott