Wednesday, January 2, 2013

December Dividend Income Update

I have been building a stock portfolio of dividend stocks outside of my retirement accounts that I will use to help produce income in retirement. This portfolio was valued at $152,167 as of the end of December.

My Annualized Dividend Income as of the end of December increased to $7,014 from $6,827 over the past month. This means my dividend stocks will pay $7,014 in dividends over the next 12 months. This portfolio of stocks has a current yield of 4.60%.

All my dividend distributions from the month went toward paying down debt. The stock market was up a little for the month and we continue to see companies increasing their dividends this year.

Most of my stocks are held in my Vanguard Brokerage account and the rest are DRIPs. I am keeping track of the amount of income I could receive once I retire or choose to receive the dividends in cash.

I will post my Top 20 Stock Holdings on Thursday.

1 comment:


Great update on dividend stocks.