Yearly Dividend Growth

[cemanuel]

This thread started on SA and I thought it was interesting enough to put here. I'll begin with my response from there. All my dividends for December have been announced so I can plug in 2021 numbers, very close anyway.

My annual dividend growth:

• 2018: 157.86% - no surprise. 2017 was my 1st year in the market, not starting until March 8
  
• 2019: 40.71%
  
• 2020: 30.46%
  
• 2021 (projected but will be close): 2.45%
  

For 2021 at some point I will calculate this for my taxable account alone. A big chunk of the reason for the slow growth is changing my Roth - first de-REITing (and BDCs) early this year, then de-incoming/growthifying later. Another large impact is the two MSM specials in 2020. I suspect income growth in my taxable account will be close to 10%, well over without the MSM impact. Not adding new cash or buying more dividend-payers starting in June plays a role too.

*I didn't see this topic posted elsewhere, let me know and I'll delete if I'm duplicating.