We all know the routine by now… dividend investing isn’t sexy but over time can provide a nice source of passive income and my 2024 totals continue to highlight that fact. My total passive income received in 2024 came out to: $17,595.87. This averages out to well over $1,400 a month in passive income. Of course, my expenses exceed this amount but getting $1,400+ each month definitely helps filling the gas tank or with groceries and more. My total 2023 passive income was $16,011.65 and it was nice to see a year over year increase of 9.9% over that time. Again, just highlighting the fact that with continued adding of fresh capital, reinvesting and those occasional dividend increases, passive income can grow with little effort. Below you can see my entire 2024 dividend income:
DateSymbolDescriptionAmount
01/02/2024UGIU G I CORP$36.75
01/03/2024KMBKIMBERLY CLARK CORP$76.14
01/05/2024PEPPEPSICO INC$44.63
01/05/2024CBCHUBB LTD F$7.74
01/10/2024PMPHILIP MORRIS INTL$202.25
01/10/2024MOALTRIA GROUP INC$393.60
01/11/2024GSKGSK PLC$45.26
01/11/2024ITWILLINOIS TOOL WORKS$81.78
01/12/2024JCIJOHNSON CONTROLS INTER$44.03
01/12/2024MDLZMONDELEZ INTL CLASS A$13.67
01/12/2024LEGLEGGETT & PLATT INC$35.56
01/16/2024CAHCARDINAL HEALTH INC$31.94
02/01/2024VZVERIZON COMMUNICATN$138.84
02/01/2024TA T & T INC$156.84
02/01/2024GISGENERAL MILLS INC$145.19
02/09/2024CLXCLOROX CO$20.51
02/09/2024GDGENERAL DYNAMICS CO$13.24
02/12/2024APDAIR PROD & CHEMICALS$72.97
02/15/2024AAPLAPPLE INC$11.82
02/15/2024ABBVABBVIE INC$347.71
02/15/2024PGPROCTER & GAMBLE$26.52
02/15/2024ABTABBOTT LABORATORIES$43.62
02/15/2024CLCOLGATE-PALMOLIVE CO$8.69
02/15/2024HRLHORMEL FOODS CORP$24.41
02/20/2024CATCATERPILLAR INC$98.37
02/23/2024SBUXSTARBUCKS CORP$17.61
02/29/2024ADMARCHER-DANIELS-MIDLN$93.33
03/01/2024GWWWW GRAINGER INC$26.16
03/01/2024AFLAFLAC INC$194.43
03/01/2024PFEPFIZER INC$28.86
03/05/2024JNJJOHNSON & JOHNSON$92.90
03/06/2024SOSOUTHERN CO$119.68
03/08/2024YUMYUM BRANDS INC$39.74
03/11/2024EMREMERSON ELECTRIC CO$43.81
03/11/2024LYBLYONDELLBASELL INDS$87.43
03/12/2024MMM3M CO$39.66
03/14/2024MSFTMICROSOFT CORP$12.50
03/15/2024MCDMCDONALDS CORP$55.78
03/15/2024EDCONSOLIDATED EDISON$69.42
03/15/2024DOVDOVER CORP$23.57
03/15/2024EMBCEMBECTA CORP$0.60
03/18/2024KTBKONTOOR BRANDS INC$4.00
03/20/2024VFCVF CORP$7.06
03/22/2024ULUNILEVER PLC$9.24
03/28/2024GILDGILEAD SCIENCES INC$59.63
04/01/2024BPBP PLC$750.11
04/01/2024UGIU G I CORP$101.25
04/01/2024KOTHE COCA-COLA CO$62.67
04/01/2024PEPPEPSICO INC$44.63
04/01/2024AVGOBROADCOM INC$27.00
04/01/2024KHCKRAFT HEINZ CO$79.95
04/01/2024BDXBECTON DICKINSON&CO$21.93
04/02/2024KMBKIMBERLY CLARK CORP$78.72
04/09/2024PMPHILIP MORRIS INTL$202.25
04/11/2024ITWILLINOIS TOOL WORKS$81.78
04/11/2024MDLZMONDELEZ INTL CLASS A$13.67
04/11/2024GSKGSK PLC$51.42
04/15/2024LEGLEGGETT & PLATT INC$37.40
04/17/2024DEODIAGEO PLC$70.38
04/19/2024JCIJOHNSON CONTROLS INTER$44.03
04/30/2024MOALTRIA GROUP INC$684.10
05/01/2024VZVERIZON COMMUNICATN$214.42
05/01/2024TA T & T INC$156.84
05/01/2024GISGENERAL MILLS INC$145.19
05/10/2024GDGENERAL DYNAMICS CO$14.25
05/10/2024CLXCLOROX CO$20.51
05/13/2024APDAIR PROD & CHEMICALS$73.80
05/15/2024PGPROCTER & GAMBLE$28.37
05/15/2024CLCOLGATE-PALMOLIVE CO$9.06
05/15/2024ABTABBOTT LABORATORIES$43.62
05/15/2024ABBVABBVIE INC$347.71
05/16/2024AAPLAPPLE INC$12.31
05/20/2024CATCATERPILLAR INC$98.37
06/03/2024AFLAFLAC INC$194.43
06/04/2024JNJJOHNSON & JOHNSON$96.80
06/05/2024ADMARCHER-DANIELS-MIDLN$93.33
06/06/2024SOSOUTHERN CO$123.10
06/07/2024YUMYUM BRANDS INC$39.74
06/10/2024EMREMERSON ELECTRIC CO$43.81
06/10/2024LYBLYONDELLBASELL INDS$93.73
06/12/2024MMM3M CO$18.38
06/13/2024MSFTMICROSOFT CORP$12.50
06/14/2024PFEPFIZER INC$87.81
06/14/2024DOVDOVER CORP$23.57
06/14/2024EDCONSOLIDATED EDISON$69.42
06/17/2024MCDMCDONALDS CORP$55.78
06/20/2024VFCVF CORP$7.06
06/27/2024GILDGILEAD SCIENCES INC$59.63
06/28/2024PEPPEPSICO INC$47.80
06/28/2024AVGOBROADCOM INC$27.00
06/28/2024KHCKRAFT HEINZ CO$79.95
06/28/2024BPBP PLC$750.11
07/01/2024UGIU G I CORP$124.13
07/01/2024KOTHE COCA-COLA CO$62.67
07/02/2024KMBKIMBERLY CLARK CORP$78.72
07/08/2024PMPHILIP MORRIS INTL$202.25
07/10/2024MOALTRIA GROUP INC$684.10
07/11/2024ITWILLINOIS TOOL WORKS$81.78
07/12/2024MDLZMONDELEZ INTL CLASS A$13.67
07/15/2024LEGLEGGETT & PLATT INC$4.07
07/19/2024JCIJOHNSON CONTROLS INTER$44.03
08/01/2024VZVERIZON COMMUNICATN$214.42
08/01/2024TA T & T INC$156.84
08/01/2024GISGENERAL MILLS INC$147.65
08/09/2024GDGENERAL DYNAMICS CO$14.25
08/12/2024APDAIR PROD & CHEMICALS$73.80
08/15/2024AAPLAPPLE INC$12.31
08/15/2024CLCOLGATE-PALMOLIVE CO$9.06
08/15/2024PGPROCTER & GAMBLE$28.37
08/15/2024ABBVABBVIE INC$347.71
08/15/2024ABTABBOTT LABORATORIES$43.62
08/20/2024CATCATERPILLAR INC$106.70
08/30/2024CLXCLOROX CO$20.85
09/03/2024PFEPFIZER INC$87.81
09/03/24AFLAFLAC INC$194.43
09/03/2024LYBLYONDELLBASELL INDS$93.73
09/06/2024SOSOUTHERN CO$123.10
09/06/2024YUMYUM BRANDS INC$39.74
09/10/2024JNJJOHNSON & JOHNSON$96.80
09/10/2024EMREMERSON ELEC CO$43.81
09/11/2024ADMARCHER-DANIELS MIDLAND C$93.33
09/12/2024MSFTMICROSOFT CORP$12.50
09/12/2024MMM3M CO$18.38
09/16/2024EDCONSOLIDATED EDISON INC$69.42
09/16/2024DOVDOVER CORP$23.81
09/17/2024MCDMCDONALDS CORP$55.78
09/20/2024BPBP P L C$825.43
09/27/2024KHCKRAFT HEINZ CO$79.95
09/27/2024GILDGILEAD SCIENCES INC$59.63
09/30/2024PEPPEPSICO INC$47.80
09/30/2024AVGOBROADCOM INC$27.11
10/01/2024KOTHE COCA-COLA CO$62.67
10/01/2024UGIUGI CORP NEW$155.63
10/02/2024KMBKIMBERLY CLARK CORP$78.72
10/10/2024MOALTRIA GROUP INC$712.02
10/10/2024PMPHILIP MORRIS INTL INC$210.03
10/11/2024ITWILLINOIS TOOL WKS INC$87.62
10/15/2024MDLZMONDELEZ INTL INC$15.12
10/17/2024DEODIAGEO PLC$109.44
10/18/2024JCIJOHNSON CONTROLS INTER$44.03
11/01/2024TAT&T INC$156.84
11/01/2024GISGENERAL MLS INC$147.65
11/01/2024VZVERIZON COMMUNICATIONS$218.45
11/07/2024CLXCLOROX CO$20.85
11/12/2024APDAIR PRODS & CHEMS INC$73.80
11/15/2024ABBVABBVIE INC$347.71
11/15/2024PGPROCTER & GAMBLE CO$28.37
11/15/2024ABTABBOTT LABS$43.62
11/20/2024CATCATERPILLAR INC$106.70
12/02/2024PFEPFIZER INC$96.63
12/02/2024AFLAFLAC INC$194.43
12/06/2024SOSOUTHERN CO$123.10
12/09/2024LYBLYONDELLBASELL INDUSTR$93.73
12/10/2024JNJJOHNSON & JOHNSON$96.80
12/10/2024EMREMERSON ELEC CO$44.02
12/12/2024MSFTMICROSOFT CORP$13.83
12/12/2024ADMARCHER-DANIELS MIDLAND C$93.33
12/13/2024YUMYUM BRANDS INC$39.74
12/16/2024DOVDOVER CORP$23.81
12/16/2024EDCONSOLIDATED EDISON INC$69.42
12/16/2024MCDMCDONALDS CORP$59.12
12/16/2024KOTHE COCA-COLA CO$62.67
12/20/2024BPBP P L C$825.43
12/30/2024GILDGILEAD SCIENCES INC$59.63
12/31/2024AVGOBROADCOM INC$30.17
Total:$17,595.87
2024 also saw some changes to some of my holdings as I shuttled several of my dividend income payers for higher return crypto plays. These will be shorter term holds averaging about two to three years as I plan to sell these assets and pile the cash back into dividend stocks. As you know I have been investing into bitcoin itself since 2017 continually buying and holding that asset on the side. Needless to say, that investment has gone up quite a lot since 2017 and I’m happy to say that I keep buying all the time and have not sold any. My conviction in bitcoin continues to remain strong and that is an asset I’ll gladly hold long into the future. That being said, my crypto holdings in my brokerage account will be liquidated at some point. Those holdings include several ETFs (Grayscale Bitcoin Trust ETF (GBTC), Grayscale Bitcoin Mini Trust ETF (BTC), Fidelity Wise Origin Bitcoin Fund (FBTC) and iShares Bitcoin Trust ETF (IBIT), in my ROTH and IRA accounts as well as Strategy Incorporated (MSTR) and T-Rex 2X Long MSTR Daily Target ETF (MSTU) in my regular brokerage account. My current portfolio is now updated to reflect these changes.
I can hear the moans and groans about my sacrilegious actions selling dividend paying stocks for “bitcoin stocks” but the reality is that bitcoin and crypto are here to stay and have the ability to supercharge returns for any portfolio. I have lived through the wild swings since 2017 and by now feel numb to any move up or down that exceeds 50% or more. Over time (since my holding in 2017), bitcoin offered the best returns and still has a lot of runway left. As I mentioned, my “bitcoin stocks” are merely a vehicle to boost my overall brokerage portfolio value with those proceeds ultimately finding a place back into dividend stocks
In the meantime, I continue to buy and hold and reinvest into traditional dividend paying stocks and so far am looking to exceed my 2024 total passive income this year. I did not lose the plot
Going forward I plan on looking into adding some income funds to my portfolio as well. I have an eye on three particular names but do now know too much about them. No doubt, my overall portfolio will always be mostly “boring” traditional dividend paying stocks with a sprinkle of some higher yielding income funds.
Hope everyone had a great 2024 and continued heals and success in 2025. I welcome your comments.
Disclosure: Long all above
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