Seems like just a little while ago we were celebrating New Year's, and now January 2019 is officially over. After a strong finish to 2018, this year is on its way. January is always historically my lowest month of the year and this year is no different. Although even for being a slow month, I still came up with some good growth numbers. Let's dive into the dividends.
CSCO - $7.71
CINF - $7.38
CAH - $5.48
O - $6.80
LTC - $3.48
BNS - $10.34
Last year in January, I was paid out by 6 companies which is the same for this month. However, there are a few differences. I sold off my position of GE after the dividend cuts last year. But to make up for not receiving any payments from them, I did receive a payment from the newest addition to my portfolio, BNS. The dividend from BNS was double that of what I collected from GE last January. Secondly, I was able to double my position of O last year when the REIT sector was down. This helped with dividend year over year growth. Lastly, the rest of the growth came from dividend reinvestment and increases.
Not a bad start to the year. Even though I don't receive a ton of dividends in January, I see some really nice growth numbers. So the changes I have made to my portfolio are paying off. The dividends should start picking up in the next month or two. Hope you are all off to a great start this 2019! Best of luck going forward!
Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.