Growth Update: November 2014

IBM-Intel-logoIt’s hard to believe we’re in the last month of the year.  I had a few expenses in November that slowed down my contributions, but I still managed to add to my positions in BP, IBM, and UL.  With those purchases, I added $3,584.45 in fresh capital.  It’s hard to believe my original 2014 capital invested goal was only $17,500.  I blasted past that and doubled it and am now only $80 shy of investing $35,000 for the year.  I’m looking to make a purchase starting Friday and have been thinking about maxing out my IRA for the year with a REIT, Canadian Bank, or beaten down energy stock.  December should wrap up this goal for the year.

2014_NOV_GOALS_CI

My portfolio has grown so much over these past months, and November was no different.  I finished the month with an overall portfolio value of $42,244.64 which is a 12.15% increase over last month’s $37,669.23 and a 1,752% increase over last year’s $2,281.

2014_NOV_GOALS_PVH

Dividend Payouts weren’t that impressive when compared to last quarter, but I’m expecting a big December.  I also took the dividend reinvestment plan off my AOS holding for this month.  This was the first time I’ve turned off the DRIP for any of my positions, and I did the same to a few other holdings in my taxable account going forward.  I debated this for a long while since AOS paid such a small dividend, but I feel the price is a little overvalued right now, and I’m going to put that small amount to work in another company.  My total dividends for the month were $87.54 which is an increase of 7.08% from last quarter’s $81.75 and a year over year increase of 290.63% from $22.41.

2014_NOV_DIVPAYOUTS

I’ve received $620.23 in dividends this year which is $129.77 away from my 2014 goal of $750.  I’m expecting my first $100 month in December, but I’m not sure how close I’ll come to my goal.

2014_NOV_DR

Here’s what I did with my dividends during the month:

2014_NOV_DIVREC

Overall I had a solid November, but I can’t wait for December’s totals.  I’m looking forward to a strong finish to the year.

How was your November?  What’s on your watchlist?

My Dividend Growth

http://www.mydividendgrowth.com

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25 thoughts on “Growth Update: November 2014
    1. My Dividend Growth

      R2R,

      I love growing this smaller portfolio because the contributions really make that portfolio value over time look super healthy. On to bigger and better charts! I appreciate your support 🙂

      Best Wishes,
      Ryan

       
      Reply
    1. My Dividend Growth

      Scott,

      Good to hear from you. I’ve really enjoyed charting the beginning stages of this portfolio and seeing that rapid growth from all the contributions. Those dividends received have been a pesky goal for me because I originally wanted to hit it with only $17,500 in contributions and I’ve doubled that and still might not get there. But not bad for the first ‘real’ year of investments and I’m happy to have a better understanding of what my goals should be going forward 🙂 Looking forward to your continued progress!

      Take care,
      Ryan

       
      Reply
  1. Special Agent Dividend

    You have killed it this year! Wow, it’s amazing to see how much you have did with your portfolio in a year’s time. I’m hoping you can meet your dividend income goal for the year, but nevertheless you have accomplished a lot this year, which most people would be envious of. Let’s finish the year out strong!

     
    Reply
    1. My Dividend Growth

      Agent,

      I couldn’t have asked for a better work situation this year. I doubt I’ll be able to repeat these stable contributions in the next few years because I usually have a few months off after editing a show. Hopefully my day rate will keep rising as I diversify my editing credits and I’ll get to this level and beyond again. I’m excited to keep saving and investing while everything is flowing. You’re doing an excellent job yourself this year and we’re both on track for a solid 2015!

      Best Wishes,
      Ryan

       
      Reply
  2. Dividend Mantra

    Ryan,

    Great month and great year! You’ve been tearing it up over the course of 2014.

    All of this activity throughout the year sets you up for a very nice run in 2015. You’ll be sitting on six figures not too long from now at this pace. Keep it rolling, my friend.

    Best wishes.

     
    Reply
    1. My Dividend Growth

      Jason,

      That means a lot coming from you, thanks for all the inspiration, ideas, and kindness you’ve provided throughout the year! Five figures is still new to me and six figures sounds so far away, hehe. I’m loving taking things one day at a time and hope I can keep the contributions coming in next year. I’m very happy to join you in a strong finish to 2014, and cheers to next year 🙂

      All my best,
      Ryan

       
      Reply
  3. Dividend Gremlin

    Ryan,

    Wow man, you are almost above your annual value for capital you want put in. Even if you don’t realize the dividends this year, next year should rock. Even then your goal is getting close this year, and December is always a strong month.

    Look forward to seeing more progress.

    – Gremlin

     
    Reply
    1. My Dividend Growth

      Dividend Gremlin,

      Hey there, hope all is well with you! I’ve been so fortunate to finally get the ball rolling this year. I’m hoping for stable income and some serious compounding next year, it’ll be interesting to see how it goes. I’m loving December so far, great weather and the dividends are already rolling in. Thanks for the support and stopping by!

      Best Wishes,
      Ryan

       
      Reply
  4. DividendMongrel

    That is some great progress this year and I am hoping to be at your level in 2015. I think the market might be pulling back a bit so I hope we can get another buy or two by the end of the year. TD and BMO looks interesting right now and I just finished buying a few shares of BNS. Keep it up and I look forward to hearing from you.

     
    Reply
    1. My Dividend Growth

      Dividend Mongrel,

      Wouldn’t a pullback be amazing? I’m looking to make a purchase soon, so I selfishly hope it happens around then 🙂 I remember last year’s dip at the end of January / start of February because I had only just begun investing larger amounts and got scared a little. I’m so happy I stuck with the strategy and ended up starting the blog shortly after or who knows what scary things I would have done with my capital. I love those Canadian banks, and I’d add RY to the mix too. You’re making excellent progress over there and I can’t wait to see your portfolio grow to this point next year 🙂

      All my best,
      Ryan

       
      Reply
  5. Huw

    Hey Ryan,

    You’re right, it’s crazy to think how quickly this year has gone. For us investors it’s pretty cool though, as we get to look back over the previous months and celebrate our progression.

    It made me smile looking at your dividends in 2013. Wow, you’ve come a long way in 12 months. I have a feeling we’ll both be smiling this time next year too.

    Your New Capital contributions have been impressive this year, but your portfolio growth has been outstanding. 12% growth in one month, and 1752% in a year! Not too shabby at all.

    Are you at all likely to hit the dividend Goal or is that out of reach now? It looks like if you do fall short, it’s going to be pretty close anyway.

    Good luck this month, and thank you for sharing your successes!

    Huw

     
    Reply
    1. My Dividend Growth

      Huw,

      A pleasure to hear from you! Great point, time passes so pleasantly when earning passive income. Now I just want more…and more of it, hehe. I’ve learned a lot along the way, and might have done some things different but now I have a solid looking portfolio. I’m really excited to see the compounding start to move next year. I imagine I’ll come just shy of my dividends received goal even after doubling my expected contributions, but that’s no big deal. Let’s kill it this last month!

      Take care,
      Ryan

       
      Reply
  6. Dividend Diplomats

    Ryan,

    Great month! Your portfolio this year is extremely impressive. Your 2015 dividend income is going to be insane, just wait till you start comparing your 2014 figures to your 2015 figures. Keep up the great work! Congrats in advance for passing your goal!

    Bert, one of the Dividend Diplomats

     
    Reply
    1. My Dividend Growth

      Bert,

      I feel so fortunate I was able to build the portfolio so much this year. Hopefully my job situation stays consistent and I can keep it rolling without many hiccups next year. You’ve had amazing progress yourself in 2014, and I felt like I watched you get even more serious about investing when you contemplated things like quitting golf. You and Lanny have been such a pleasure to read this year! Thanks for commenting 🙂

      Best Wishes,
      Ryan

       
      Reply
  7. writing2reality

    Been a heck of a run thus far this year Ryan, and you’ve certainly been rewarded for building a solid base of dividend growth companies. Next year you’ll blow past your current year dividend totals and will see the compounding this strategy creates as the companies you’ve invested in raise their payouts. Pretty awesome I’d say.

    Keep on grinding, and best of luck in crossing that $750 mark in dividends next month.

     
    Reply
    1. My Dividend Growth

      W2R,

      You got it! I’m so thankful for really getting my feet wet this year and I appreciate all your support. You’re speaking my favorite language with dividend raises and next year will be way more enjoyable owning way more company’s. Glad to share a lot of holdings with you too. I’ve really enjoyed your year as well with your excellent example of income diversity. Keep at it!

      Best Regards,
      Ryan

       
      Reply
  8. Dividend Growth Journey

    Congrats on another great month. Investing 35K for the year is really a great achievement. These investments will start paying off in a big way next year and you will see your dividend income going thru the roof.

     
    Reply
    1. My Dividend Growth

      DGJ,

      Thanks a ton, before this year I rarely held more than 10k in net worth. That’s skyrocketed this year and I can’t wait to keep it heading upwards. I like the sound of all that income next year and will be watching you experience the same thing due to your outstanding year as well!

      Best Wishes,
      Ryan

       
      Reply
  9. No More Waffles

    Ryan,

    You’re absolutely crushing it! You’re adding an awesome amount of capital to your portfolio every month. At this speed it won’t be long or your dividends will start pushing your portfolio on their own.

    Keep it up! It’s incredibly motivating to see your progress.

    NMW

     
    Reply
  10. Long Term Investing

    Congrats Ryan. Certainly headed in the right direction. UL and BP are solid bets.
    I held IBM for few months but the idea that IBM was on a long term decline kept obsessing me and nothing, not even Buffett’s large stake could reassure me…

     
    Reply
    1. My Dividend Growth

      LTI,

      I appreciate the comment and I’m very glad to have found your blog! I can’t wait to dig in deeper once I return home from the holidays. You gotta love finding different investment conclusions amongst each individual investor, and I hear you on IBM. I’m very comfortable in this holding though and might actually add some more. BP makes me more nervous than IBM these days, but both seem to be high risk / reward investments. I wish you the best in closing out the year and happy holidays!

      All my best,
      Ryan

       
      Reply

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