As I'm writing this blog post, it is currently Saturday, December 21st. The high temperature here in Central Wisconsin is expected to reach 17 degrees Fahrenheit. In other words, today is the first day of winter and it feels like it!
Being the last few days of the month, I now know the amount of both ordinary and special dividends received from my Capital Income Builder (CAIBX) mutual fund. Without further ado, I can now tally my net dividends collected in December 2024!
Total Net Dividends Nearly Topped $650 in December
In December 2024, I received $643.38 in net dividends (including ADR fees for BP, withholdings on BAM dividends in my taxable account, and CAIBX's annual fee). Compared to the $543.81 in net dividends I collected in September 2024, this is an 18.3% quarterly growth rate.
Against the $529.78 in net dividends that I received in December 2023, that equates to a 21.4% year-over-year growth rate.
I collected $365.64 in net dividends from 46 stocks in my Charles Schwab portfolio. This was barely above my September total because of the timing of PepsiCo's dividend payment (due in January) and my sale of Simon Property Group (SPG) in November.
I also received $176.84 in net dividends from my aforementioned CAIBX mutual fund. That can be further broken down into $99.26 in special dividends and $87.58 in ordinary dividends, less the $10 annual fee. This higher income was due to a higher share count and the special dividend paid in the last month of the year.
I also collected another $82.52 in net dividends from 12 companies in my Fidelity IRA. My September 2024 Dividend Stock Purchases were largely responsible for an uptick in net dividends from this source.
Lastly, I received an additional $18.38 in net dividends from six companies within my Webull account. Recent dividend raises from the likes of Lockheed Martin, Visa, and Broadcom played into greater income from this account.
Concluding Thoughts:
As a side note, this blog post is set to be published on December 24th, the six-year anniversary of my first article published on Seeking Alpha. This ultimately proved to be my foray into the equity research industry. Each day, I'm so grateful to God that I get to carry out the work I believe I was born to do.
In closing, I would like to wish everybody a Merry Christmas and joyous holiday season in the coming days to close out the calendar year 2024!
Discussion:
How was your net dividend income for December 2024?
Did you receive any first-time dividends in the month?
Thanks for your readership and please feel free to comment below!
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