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Dec 01 2021

Dividend Income Report: November 2021

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Well, I hope you had a great Thanksgiving with family and/or friends. It was a good Thanksgiving for me, spending the holiday with in-laws. As for the stock market, November was pretty good until the final week when the latest COVID variant sent the market into a panic. As a result my dividend investing portfolio’s value dropped by approximately $2K.

Let’s do the numbers and see how I fared in November:
AWP $ 44.00
BGY $ 33.80
CIK $ 22.50*
CLM $ 40.05*
DHY $ 27.13
EDF $ 15.00*
EHI $ 26.80
EXG $103.35*
NCV $ 29.75
OHI $117.25
PFN $ 32.31
ZTR $ 24.00
TOTAL $515.94

* Includes Return of Capital

While the month’s total of $515.94 is certainly a “non-trivial” total (I consider $500+ to be non-trivial), it’s not much to be excited about when most months pay is over $600.

Another dividend cut landed. EDF’s dividend was reduced from 7 cents per share to 6 cents per share (a 14.3% cut), reducing EDF’s quarterly payout from $17.50/quarter to $15.00/quarter. It’s a minor nick, but little nicks do add up over time. Unfortunately, FGB didn’t make its November payout, so the month’s expected total fell short by $70.13. However, FGB’s payout was pushed to December 1, so November’s loss will be a gain for December.

Again, I needed cash so I sold off more shares of CODI (10 at $30.495 and another 10 at $31.00). I really need to stop doing that.

November’s dividend income total made for a rather underwhelming month, but that’s not unusual considering how my dividend payouts work out with each quarter’s middle month being the worst performing.

Image Credit: jarmoluk (pixabay.com)