Lanny's January Dividend Income

by: Dividend Diplomats

Yes! January of 2016 is already in the books. Can you believe it? Already one month down, and here we are, getting started with the first monthly dividend income post for the new year. I am pumped. Why? Because this is the first month to see what rewards were benefited from the 2015 work, and is also the first month to start tracking the yearly progress. January was a crazy month in the stock market, but we like crazy, right? You betcha. Without further ado, let's check out the January dividend income total!

Dividend Income

This month, I received a total of $377.97... I cannot believe this. $377.97 in one single month from 12 wonderful companies paying me, it's truly a blessing and a phenomenon. But then again, we all work hard to deploy the capital and the research involved with each individual purchase. Thank you companies for paying a dividend!

january dividend income

As you can see above, my big wallop comes from Philip Morris (NYSE:PM)... which I had to "cure" a cigarette problem earlier in 2015, but then it came towards the third quarter and increased its dividend by a small amount even though it is a huge company. 2016 should be a better year for the increase!

Similarly, I have split out between the individual stock amounts and the retirement accounts, as the " - R" indicates a Roth IRA dividend (or the furthest column to the right). I separate these two, as I like to know what portion of my dividend income is coming from those retirement accounts that I cannot touch until 59.5 (barring any other usage rule I could use). Here, it shows that I received a huge total of $30.14 or 8% of my income from retirement accounts and the other 92% was from my individual taxable account portfolio. We all know my set it and forget it mentality to keep that retirement income going, but also pumped to see that I had 10 companies pay me in my taxable individual account. To see my portfolio - one can go to our portfolio summary page.


Something that I'll do different this year is attach in prior year's dividend income, which the image is copied in below, with 2015 on the left and 2016 on the right:

january dividend income

Whoa, whoa, whoa. First off, I had 10 total companies in January of 2015's income summary, and I had 12 total in this year's post. Always a plus here. What's funny is that each company has paid me more except for my international companies in GlaxoSmith (NYSE:GSK) and TOTAL (NYSE:TOT) - pharm and oil. However, I can proudly say that Kraft Heinz (NASDAQ:KHC), Canadian Imperial (NYSE:CM), Philip Morris, Pepsi (NYSE:PEP), Chimera Investment (NYSE:CIM), National Grid (NYSE:NGG) all paid more than prior year, as well as the two stocks in my individual retirement account of Medical Properties Trust (NYSE:MPW) and one of our favorites - Realty Income (NYSE:O). Most of these companies had higher dividend amounts through reinvestment and increases, some were due to additional purchases, such as Philip Morris and Canadian Imperial. Total income growth year over year stood at $99.65 or 37.80% - not bad, eh? I'm enjoying this!

Dividend Income Increases

One of my other favorite areas, as this is a big reason why we are dividend income investors! Let's see the summary of the activity below, worth noting:

January dividend increases

Okay, so not as big as December 2015's increases, but still managed to have two significant increases during this past month. Realty Income, the monthly dividend company, continued a wonderful track record and actually had a more significant raise this quarter than in the past at 3.92%. Thank you! Also, HCP (NYSE:HCP), though small, had an increase this year of 1.77%, but it is also a fairly high yielder; I'll take it. What's funny is that these two are both holdings in my Roth IRA account, therefore, this was a nice little boost there.

I would like to point out - with my purchase into Archer Daniels Midland (NYSE:ADM) for the second time (trying to catch up to Bert as he made his additional purchase), as well as other 401(k) purchases, dividend increases and dividend reinvestment, I was able to add $205 in additional income - which propels me towards my 2016 dividend income projected goal. With $205 added out of the $1,500 additional to be added, this month ended up taking a huge dent out of that goal, a nice 13.67% to be exact, which more than trumps what I needed to do for the month. Does my strategy of making larger investments actually work then in this manner? We'll see how that turns out the rest of the year, but feel damn good about it.

Conclusion & Summary

As I discussed back then, with my normal monthly expenditures at the moment, this $378 would cover 40% of my average $942 monthly expense for my house, including utilities. This percent is dramatically higher than last year. All of the investing from last year and moves this year, being frugal to save 60% of my income, help me in achieving the lofty goals that I set in place for my 2016 year. What do you guys think of my month of January? See anything off or something I should be on the lookout for? How did ya'll do? Always an exciting post to read from others. Please share your insight and comments and thank you again for stopping by!