Friday, January 20, 2017

Monthly Report: December 2016

I know I'm a little last in posting, but better now than never.  First off, Happy New Year to everyone!  Hope everyone had an enjoyable 2016 year.  2016 has been a great year when I reflect back on my accomplishments.  Kicking off the year, it's been really busy with work and responsibilities at home.  I'm looking forward to 2017 now that the mortgage has been paid off and I have continued vigor to aggressively build my passive income while simultaneously trying to make sure I enjoy life's journey along the way.

Anyways, without further ado, below is the monthly report as of December 31, 2016:

Taxable Dividend Income (Total: $617.80)
  • Chevron Corporation (CVX) - $12.12 (Increased 5.57% YOY)
  • The Coca-Cola Company (KO) - $20.60 (Increased 14.89% YOY)
  • Consolidated Edison, Inc. (ED) - $111.89 (Increased 6.92% YOY)
  • Emerson Electric Co. (EMR) - $25.78 (Increased 4.92% YOY)
  • Exxon Mobil Corporation (XOM) - $19.95 (Increased 6.46% YOY)
  • Johnson & Johnson (JNJ) - $8.41 (Increased 9.65% YOY)
  • Kellogg Company (K) - $0.55 (Increased 19.57% YOY)
  • The Kraft Heinz Company (KHC) - $0.09
  • Mattel, Inc. (MAT) - $0.60
  • McDonald's Corp. (MCD) - $107.39 (Increased 8.97% YOY)
  • Microsoft Corporation (MSFT) - $230.60 (Increased 11.26% YOY)
  • Pfizer Inc. (PFE) - $16.89 (Increased 10.97% YOY)
  • Realty Income Corporation (O) - $5.79 (Increased 10.29% YOY)
  • Southern Company (SO) - $15.02 (Increased 7.98% YOY)
  • Target Corp. (TGT) - $33.21 (Increased 25.32% YOY)
  • Time Inc. (TIME) - $0.21 (Increased 5.00% YOY)
  • Time Warner Inc. (TWX) - $4.59 (Increased 17.69% YOY)
  • Unilever plc (UL) - $0.26 (Increased 4.00% YOY)
  • V.F. Corporation (VFC) - $3.85
    • Total taxable dividend income of $617.80 increased 9.60% YOY.
The only new position I added fresh capital to this year is VFC.  Existing positions I added fresh capital to this year are KO, K, MCD, TGT, and UL.  All other dividend increases are from dividends reinvested and dividend raises from the companies.  I'm very happy with the total year over year dividend increase.

You can see a schedule of all the taxable dividends I have received here.

Non-Taxable Dividend Income (Total: $700.32)
  • Archer-Daniels-Midland Company (ADM) - $11.04
  • Chevron Corporation (CVX) - $13.55 (Increased 5.53% YOY)
  • Emerson Electric Co. (EMR) - $10.96 (Increased 4.88% YOY)
  • Exxon Mobil Corporation (XOM) - $9.32 (Increased 6.39% YOY)
  • Target Corp. (TGT) - $9.60
  • V.F. Corporation (VFC) - $7.56
  • Vanguard Long-Term Bond Index Fund (VBLTX) - $150.39 (Increased 5.49% YOY)
  • Vanguard REIT Index Fund Admiral Shares (VGSLX) - $487.90 (Increased 60.84% YOY)
    • Total non-taxable dividend income of $700.32 increased 46.53% YOY.
The total year over year increase is excellent!  The majority of the large increase is due to VGSLX.  New positions I added this year are TGT and VFC.

You can see a schedule of all the non-taxable dividend income I have received here.

Market Values (Total: $374,483.83)
  • Brokerage Accounts - $97,413.40 (Increased 5.28% from prior month)
  • Roth IRA - $72,423.81 (Increased 5.47% from prior month)
  • 401(k) - $204,646.62 (Increased 2.31% from prior month)
    • Total market value increased by 3.67% from prior month.
I'm not too concerned with the market value of my taxable brokerage accounts since the investment strategy with that is solely to generate a growing stream of dividend income.  As long as the dividends keep coming and are increasing, I'm not too worried.  Nevertheless, it's still interesting to see how it is performing.

You can see a schedule of the market values for my brokerage accounts, Roth IRA account, and 401(k) account as of the end of every month here.

Savings Rate
  • 69.00%
Savings rate was excellent for this month!  50% or more in savings rate is definitely a big achievement for me.

You can see a schedule of my savings rate by month here.

How did you do this month?


  1. AWESOME. Especially the savings rate! Wow.

    1. Hi Passive Income Dude,

      Thanks! I'm hoping that by continually trying to have a moderate to high savings rate, I can reach financial independence sooner.

      Thanks for stopping by and commenting.

  2. 1300 total rocks. That Microsoft dividend isn't to shabby either. I've been thinking about bringing up my Altria and Microsoft a little bit

    1. Hi Dividendsandhobbies,

      Thanks! $1,300 in passive income that I didn't have to do a single thing for is awesome. Haha yea... the Microsoft dividend is growing at a nice rate and compounding nicely too. Altria is also a good company; I've thought about investing in Altria and Philip Morris before, but I ended up not doing so since I wasn't sure how I felt about investing in the tobacco industry.

      Thanks for stopping by and commenting.

  3. What a solid update. Putting up very nice year over year growth figures for your Dec. income while maintaining an impressive savings rate and... the big weight of going into 2017 without a mortgage. Congrats on all fronts! A lot of nice names paying in Dec. too. No doubt you have built up a solid dividend income portfolio. Good luck in '17!

    1. Hi Keith,

      Thanks! I definitely can't complain with year over year growth in passive income. And you're absolutely correct; I'm PUMPED about going into 2017 with no mortgage. I'm looking to hopefully be able to continue to invest aggressively. In fact, I'm actually hoping that the stock market crashes in 2017 so I can sweep up nice bargains on solid dividend payers.

      Thanks for stopping by and commenting.

  4. Happy 2017! I see VFC has been a popular stock among dividend investors lately. Hope it works out well, I'm still on the fence about it.

    I've been loading up on some healthcare stocks while the market is in flux. 2017 will be awesome!

    1. Hi Wallet Squirrel,

      Happy 2017! I definitely have been seeing a lot of dividend investors picking up more shares of VFC. I think it's a good company, but it's totally ok to be on the fence about it. Everyone has his or her own investing strategy. I think healthcare stocks are a great way to go as well. I've been contemplating healthcare myself, but we'll see what the market decides to do.

      Thanks for stopping by and commenting.