It was a good month. December was my best month of the year in my taxable account. This was mainly because of a cash payout for the transition of my El Paso Pipeline Partners LP stock over to Kinder Morgan, Inc.
My IRA took a hit from Q3 because of a dividend elimination by Seadrill (SDRL). A loss of $100+ in dividend income does sting a little. That was one of the stocks I bought just looking at the yield before I had any idea how to research a company. I am still pretty upset about that and haven't decided what to do with the stock (since I have no sell guidelines defined). At this point it has dropped so much it is nowhere near what I paid so I am holding for now until oil recovers. If I were to sell I would not generate enough capital to be able to purchase good dividend paying stocks with minimal expense.
In my IRA I got my first dividend from my most recent purchase of Crown Crafts Inc. (CRWS.) It was a whopping $1.44. I think that could get me a Wendy's value chicken sandwich.
Yes it is lunch time and I am thinking about food. I am trying to get some writing done during lunch. I was working on my budget totals last night and was just too tired to do much more. By the time I get my kids to sleep I am about ready to go to bed as well.
The grand total for the month was $461.05. That does feel good and was a good way to end the year. All of it was automatically reinvested except for the cash payout. That will just sit there and collect interest until I have enough capital to make another purchase.
I hope your month was equally rewarding and can't wait to see everyone's totals for the year. Go dividends!
Full Disclosure: Long on KMI,SDRL :-( & CRWS.