December 2016 Income
Total dividend income for December 2016 was $785.70. This is up 62.5% over the dividend income received in 2015! It is also more money that I received the entire year in 2012. It has been fun to see the portfolio and the dividends get larger and larger.
I also received a net total of $275.96 in options premium, bringing my monthly income total up to $1061.66. While I’d love to get over $1000 in a month in dividends, this marks the first time that I received over $1000 in a month from sources that include dividends and options. I hope to see more of these months in 2017.
I’ll be coming out soon with my 2016 recap.
Options: One open put option on GILD. See my options page for further details.
| Symbol | Dividend Amount |
|---|---|
| MGMXF | $1.87 |
| ADM | $17.93 |
| AFL | $27.17 |
| AMGN | $54.78 |
| AVA | $56.71 |
| BAC | $30.27 |
| BMS | $15.63 |
| BP | $43.53 |
| CVX | $29.36 |
| EMR | $49.88 |
| GILD | $45.14 |
| HRS | $27.80 |
| HSY | $18.89 |
| IBM | $66.70 |
| JNJ | $68.62 |
| KR | $12.00 |
| KO | $32.10 |
| NAVI | $41.51 |
| O | $11.28 |
| PGX | $0.37 |
| TGT | $43.97 |
| TROW | $10.23 |
| UL | $5.59 |
| V | $21.38 |
| VTR | $19.07 |
| WFC | $33.92 |
Total option income for December 2016: $275.96
Total cumulative option income for 2016: $1125.65
Total dividends for December 2016: $785.70
Total cumulative dividend income for 2016: $4858.55
Forward 12-Month Dividends: $5442.09
Full disclosure: Long all the above stocks
Great job, Scott! Congratulations on your year-over-year increase of 62.5%. That’s quite an increase!
I’m looking forward to your year end review. Keep up the great work!
Thanks, FerdiS! I’ll be working on the year-end update today. 2017 will be pretty exciting from an investing standpoint.
Congrats on cracking the $1k mark between dividends and options premiums. Your year over year increase is very impressive as well. Just goes to show you are doing the right things and headed in the right direction. Nice long list of companies paying you for the month. As always, happy to see quite a few names in common. Thanks for sharing.
DivHut recently posted…Dividend Income Update December 2016
Hi DivHut,
Thanks for commenting. 2017 should shape up to be great for growth in dividend and option income too. It’s nice to have a bunch of companies paying you…the diversification really helps!
Scott
Very impressive YOY jump in income!
Dividend Ten recently posted…Jan Watchlist
The December income report is one of the more fun ones to report! Thanks for commenting, Dividend Ten.
Thanks for sharing your portfolio. It looks like a nicely diversified passive income machine! Well done on cracking the four-figure mark.
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Thanks, Jay! I feel very diversified every December. Not so much a couple of the other months that pay substantially less.
I’m curious about your ADM ownership. Would you recommend adding it as a dividend stock?
Visit us at TheDividendLife.com!
Hi TheDividendLife, I haven’t looked at it closely enough lately to be able to recommend it in this market. However, I’m bullish on it in the future. It also has a great history of increasing dividends. The dividend has nearly tripled since 2007. Good luck with your decision!
Awesome job! Getting over $1k is a huge milestone and great work on the 2016 yearly total. I’m sure you’ll crush 2017! I’ve set some ambitious goals myself, but that’s what makes it worthwhile!
Passive Income Dude recently posted…Income/Expenses: December 2016
Thanks, PID. I’m very excited about 2017 too. Will be writing my 2017 goals soon. I’m hoping to be extra ambitious this year!
Scott
A 62% increase is freaking amazing. Congrats on the nice month! Receiving option income is also awesome; however, I like the increase in the steady flowing dividend income stream. Lets see if you can replicate this figure again in 2017!
Bert
Nice work! A 62% YoY increase. You crushed it. Nice job crossing over $1k with the addition of the options premiums.
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