As I'm writing this blog post on Tuesday, November 26th, it is currently freezing here in Central Wisconsin. The temperature today is expected to reach a high of just 35 degrees Fahrenheit.
Now that the month is almost complete, I'll highlight my net dividend income for November 2024. Let's get into it!
Dividend Income Nearly Topped $450 in November 2024
In November 2024, I received $449.18 in net dividends (accounting for British American Tobacco's ADR fees). That equates to a 16.8% growth rate versus August 2024.
My net dividends in November were 37.1% higher than the $327.57 in net dividends collected in November 2023.
In more depth, I received $417.14 in net dividends from 27 companies within my Charles Schwab portfolio. Aside from dividend increases, the higher dividend base in this account was mostly driven by recent dividend stock purchases. Most specifically, that includes July 2024 Dividend Stock Purchases, August 2024 Dividend Stock Purchases, and October 2024 Dividend Stock Purchases.
I also collected $16.02 in net dividends from three companies in my Webull account. This slight increase from August was due to a higher distribution from Energy Transfer and favorable foreign currency translation for British American Tobacco.
My net dividends received from four companies in my Fidelity portfolio grew to $16.02. Dividend stock purchases of Realty Income and Mastercard in recent months led to this increase in income.
Concluding Thoughts:
There we have it. Another month of dividends and another month of progress for the portfolio. I hope to continue deploying fresh capital, reinvesting dividends, and receiving dividend raises to keep my income moving higher. I'm thankful to be living in the greatest country in the history of the planet and I hope everybody has a safe, healthy, and happy Thanksgiving weekend!
Discussion:
How was your net dividend income in November 2024?
Did you receive any first-time dividend payments during the month?
I appreciate your readership and look forward to your comments below!
