I have now received all the dividends for December, and can therefore report on the income received. Once again the total amount of dividends paid have increased, and although there has been a reduction in the amount paid in my SIPP, this has been more than offset by a significant increase in the amount paid in my ISA.
The drop in my SIPP is due to the 75% dividend cut by Tesco due to their “annus horribilis”, and as I noted in a post earlier this year, I should have sold the shares some time ago, but as I didn’t I am now holding onto them to take advantage of the recovery that I believe is going to happen.
The performance for November was therefore a bit mixed. The amount of dividends paid into my SIPP was £346.71 which is a reduction of 7.59% from the £375.18 paid last year. By contrast, I received an increase of £100.94 into my ISA, an increase of 252.92%, which means the dividend income for this December was £140.85.
|Royal Dutch Shell||£84.45||£49.08||£133.53|
All of the companies paying dividends in December increased or maintained their dividends (except Tesco), but the actual sterling amount received from Unilever was slightly lower due to exchange rate movement.
I also received an increased amount of income due to the re-investment of dividends in BAE Systems and Unilever in my SIPP, and due to new monies deposited into my ISA, which meant new payments from BAE Systems and Royal Dutch Shell, along with an increase from Unilever from the top up to my shareholding earlier in the year.
The increase this month, plus the many increases over the year have led to a jump in the total income for the whole year, and I will post more on the full year performance around New Year’s Day.