The time really flies by. The weather outside is looking more and more like winter (it is snowing while I am writing this) and the days are quite short now. I can see the bright side of this as well, though. It’s nice to sit comfortably inside, watch some TV series or read a book while the weather outside is frightful, so I won’t complain. Instead let’s see how my portfolio worked during November, as it doesn’t care much about the weather 🙂
The second month of the quarter is usually the best month for me. This is which companies paid dividends in November (amount is after taxes):
Even though the amount is not big, I am happy to have these quality companies constantly paying me some cash. Slowly the money is accumulating in my investment account and it will help me with future purchases.
There was a lot of noise regarding AT&T recently. The price took a dive during the last few months. What does it mean to me? Well, not much – I am still receiving the same amount in dividends every 3 months. It actually shows an opportunity to invest, as quite a few fellow dividend investors did recently (Lanny’s and Bert’s from DividendDiplomats purchase here and DividendDaze’s purchase here). The price is actually already recovering from the low of ~$33 in the beginning of November to ~$36 currently.
Another “boring” company that paid me this month was Procter & Gamble. We are actually using its products daily. For the amount of $4,35 (EUR 3,66), I could buy a big bottle of Fairy dish washing liquid (EUR 1.51 for 900ml), a 50m Oral-B floss (EUR 2.07) and would still have some change. It feels good to buy products from companies you are invested to, no matter how small the investment is 🙂
While everybody around looks to be talking about Bitcoin and other cryptocurrencies, most of dividend investors stay true to the old-fashioned dividend-growth investing. Time will tell which strategy will work better in the long run. I am still thinking that a bird in the hand is worth two in the bush. I like that I receive dividends in cash which means it’s a realized profit while you may only turn profit from cryptocurrencies by selling it at higher price. You need to determine a good exit point in that case. And greed usually keeps people hoping that the price will keep going up until the bubble suddenly bursts. In the meanwhile, I just keep stable dividend company stocks in my portfolio and don’t need to worry about the price swings as long as the dividends are paid.
Year on Year comparison
I will also compare the dividends with November of last year:
Unfortunately, I didn’t add any companies during the year that would pay in November so the difference is very small. Nevertheless, it’s a step to the right direction. I like that each company increased their dividend compared to last year, even though the average difference is less than 3%. Every small bit helps the snowball grow if I reinvest those dividends so I will take any growth I can have, as long as it is going to the right direction.
This month none of my companies raised their dividends so nothing to report here.
Other Passive Income
I received EUR 4,46 in interest from P2P lending this month. It increased slightly from the last month (was EUR 4,41 in October) as I didn’t add any additional funds to this platform last month. During November I couldn’t resist and added a small amount (EUR 22) so my current active loans balance stands at EUR 353,9 which is distributed among 22 loans. I am not planning to add any additional funds to P2P lending during December and it will only automatically re-invest received back loans.
In total (in EUR) I received EUR 15,62 during November from passive income sources. This brings the total amount for 2017 to EUR 96,79 which is only EUR 3,21 shy of my goal of EUR 100! I will be able to reach it easily and will be reporting a summary of my goals that I set when I started this blog in August. December is going to be an interesting month. I enjoy the process of evaluating my goals and thinking of new ones for the next year. I am also thinking about adding one more company to my portfolio shortly but I will write a separate post for it so stay tuned!
How was your month of November? Are you waiting for the year end to re-visit what you achieved throughout 2017? Please leave your comments below and thanks for reading!