Here is the dividend income report for December, 2013.
The monthly dividend income came out to $594.59. The yearly income total for 2013 was $3406.20.
The income for December 2012 was $686.10, and the yearly income for was $3585.01.
The income for September, 2013 was $395.65. RLI paid a special dividend in December of $3.00/share, which came out to $161.90. Without that, the income for December would have been $432.69. Coca-Cola also pays its dividend a month early. Without that and the special RLI dividend, the income for December would have been $402.85, still more than September.
The income for 2012 was higher than 2013 for a couple of reasons. One is that I did sell a few stocks. This was offset a bit by the fact that I bought more shares of Conoco-Phillips. The main reason that the income for 2012 was higher was that some companies paid their dividends earlier due to uncertainty in the tax law.
If the stocks that paid their dividends early had instead paid on their regular schedules, then the dividend income for 2012 would have been $3490.89, and the income for 2013 would have been $3500.32. I have to admit, so far dividend growth investing is not quite giving me the bonanza I was hoping for.
When I started buying stocks a few years ago, I started out buying as many shares as I could get for $1000. I wound up with a whopping 12 shares of 3M, and I was buying 0.08 shares a quarter or so. I have not bought any more outside of dividend reinvestment. After 13 quarters, I finally have another whole share of 3M, for a total of 13.001 shares. I will buy more someday, but right now the P/E ratios of almost everything are a bit too high for me. I know I said that I will just buy more stocks in January regardless, but I think I will still wait.
Here are the stocks and the income amounts for December, 2013:
- AFLAC Inc: $19.41
- American States Water Co: $21.66
- Black Hills Corp: $12.97
- Bemis Co Inc: $16.54
- ConocoPhillips: $71.32
- Intel: $11.17
- Vectren Corp: $19.79
- Archer-Daniels-Midland Co: $12.02
- Questar Corp: $9.61
- Chevron: $22.09
- Emerson Electric Co: $22.61
- Johnson & Johnson: $21.96
- Sonoco Products Co: $20.15
- Exxon Mobil Corp: $36.51
- 3M Co: $8.21
- Walgreen Co: $17.60
- Valspar Corp: $14.93
- Dover Corp: $8.36
- Consolidated Edison Inc: $17.59
- Coca-Cola Co: $29.84
- RLI Corp: $18.35
- RLI Corp: $161.90
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