SFI

I don't doubt you. My dividend income was probably up significantly then as well, as it will be this year. For the reasons you point out. (Even without new money I target a minimum 10% increase from reinvestments and dividend increases. You are probably higher due to concentration in strict dividend growth equities)

I just try to point out that in a down year, many investors that aren't dividend people, might want to lock in gains, thus triggering capital gains. 

As I remember, in late 2015 there was lots of negativity in the market, and some people may have been exiting. (I was buying, as I am sure you were too.)

FYI, my laptop is down by the river in my RV, otherwise I could tell you exactly how much my dividends increased in 2015. Just waiting for the better half to get off work so we can 'check out' for the weekend.