Time in the market dividend update – November 2017
It’s time for the second to last dividend update for 2017.
It is insane how quick this year has gone but time has a tendency to move quickly when things are going well.
As the year comes to a close, I’m eager to see all of the December dividends start rolling in as December is by far my biggest month.
I’ve had a good run so far with big increases the past few months and I hope that continues into November. I’ve been above $100 since August and while these off months aren’t as big as the quarter ending months due to my ETF and mutual fund holdings, it’s still nice to see them above $100 consistently. I feel like the monopoly man with all this money coming in these days!
Last year’s November’s total was $79.04 as I only have one individual holdings that pays in this month and the rest comes from my bond funds.
Let’s take a look at this month’s income and see if I can break $100 again!
November’s dividend total comes in at $107.44!
It’s clear to see where my big months are and why I’m excited about December but I’m also happy with the results this month.
November’s total is a 35.9% increase over last year and that’s not too shabby gang.
The best thing about these smaller months is that these dollars still get reinvested and improve my forward dividend income. This $107.44 will generate about $2.47 more for me next year. Those reinvested dollars and additional contributions are sure to lead to even bigger numbers for Steve next year.
Steve, my dividend employee has seen pretty decent raises every month this year and that means good things for his annual hourly rate now and going forward. This month’s wage is tiny, a mere $0.64/hr but Steve isn’t a complainer.
November’s total brings the YTD number to $5370.99 which means I’m in good shape for at least bronze in my annual goals. I might even go higher but that all depends on December which is always variable so we shall see. I’m still holding out hope that I can push into Silver with a good December.
On an annual basis, Steve’s wage is $2.93/hr and is sure to go up after December. Last year at this point, Steve’s wage was $2.24/hr so he’s seen good improvement in that metric in 2017.
That’s it for this month and I’m looking forward to the next update in 2018 which will show how I did in December. I’m excited to go into that month with 4 straight $100+ months and a solid increase over my hourly wage from last year which speaks to the power of reinvestment and continued investing.
Thanks for reading and please let me know how your investments did in November!
November Total : $107.44
2017 Total : $5370.99
Portfolio monthly hourly wage : $0.64/hr
Portfolio annual hourly wage : $2.93/hr
20 Comments
Tom from Dividends Diversify
Time, December is a great month for dividends. I love the extra cash rolling in the next few weeks. Who’s Steve? Tom
timeinthemarket
He’s my dividend employee(a fake employee that I use to give my dividends an hourly wage)!
Tom from Dividends Diversify
I think Steve deserves employee of the month award and a promotion. 🙂 Tom
Passivecanadianincome
Congrats on aNother month over 100. Looking forward to your dec income. Seems you had a massive income last dec. How many hr does steve work per month?
timeinthemarket
I just use the regular 250 day work year with an 8 hour per day assumption. Steve’s gotta get his weekends and holidays in too!
Dividend Diplomats
Time –
Nice work and congrats on another one over the century mark. Steve’s almost $0.70 raise from last year on a YTD basis is pretty good on a % term! Killing it and crush it this December.
-Lanny
timeinthemarket
Steve’s doing pretty well for himself this year! Thanks for the good wishes on December. I’m excited to read the community post next month to see how well we all do that month.
dividendgeek
Congrats on your 107$ dividends. Your yearly dividend income is looking awesome. It’s almost 500$ per month. I am looking forward to December too.
timeinthemarket
Thanks DG. I’m certainly excited about December since it’s such a big month for me!
BrokeInvestor
Great stuff at reaching >$100 yet again! It looks like you are not going back to 2-digit months already!
It will be exciting to see how your December goes when you see what happened last year during this month 🙂
timeinthemarket
I think January may head back towards <$100 since I'm not sure I have anything beyond bonds that pay there but I've got December ahead of me so January is out of my mind right now! Thanks for the visit!
Dividend Daze
Nice month! Has to be a nice feeling consistently hitting triple digits every month. That is the next goal I have. Keep that consistency. Will be interesting to see what next year brings.
EngineeringDividends
Things are rolling now… another 3-digit dividend month, and what’s hopefully a $3K December coming up. Here’s to a strong finish in 2017.
timeinthemarket
3k+ would be awesome!