Dividend Income Update – January 2015

Can you believe it? One month of 2015 is already in the books. And while it’s sometimes sad to see how fast time flies the new month always brings cheer as we calculate the previous month of passive dividend income earned. January was no exception and I am very pleased with the start of 2015.

 

I was curious to see how January will stack up in terms of dividend income as I invested a lot more heavily towards the end of 2014 when compared to the start. This was very evident in my General Electric Company (GE) dividend as it increased from $8.56 in the beginning of 2014 to $35.33. Of course, this is just one example. The end of 2014 also saw me initiate new positions in Unilever plc (UL), The Toronto-Dominion Bank (TD), The Bank of Nova Scotia (BNS) and Royal Bank of Canada (RY) in my ROTH account which will no doubt boost my 2015 dividend income as well. With that being said, let’s review January’s dividend income.

 

Dividend income from my taxable account totalled $199.91 up from $124.65 an increase of 60.38% from January of last year.

 

Dividend income from my ROTH account totalled $74.38 up from $24.70 an increase of 201.13% from this time last year.

 

Are any of the names below in your portfolio too? How was your January dividend income?

 

Brokerage Account

Year to date dividends: $199.91

DateDescriptionSymbolAmount
01/05/2015DIVIDEND:KMBKMB$28.61
01/05/2015DIVIDEND:JCIJCI$17.15
01/06/2015DIVIDEND:CBCB$7.27
01/06/2015DIVIDEND:ITWITW$26.44
01/07/2015DIVIDEND:PEPPEP$15.54
01/09/2015DIVIDEND:PMPM$35.40
01/15/2015DIVIDEND:MDLZMDLZ$4.69
01/16/2015DIVIDEND:KRFTKRFT$29.48
01/26/2015DIVIDEND:GEGE$35.33
Total: $199.91

 

ROTH Account

Year to date dividends: $74.38

DateDescriptionSymbolAmount
01/05/2015DIVIDEND:KMBKMB$5.79
01/07/2015DIVIDEND:PEPPEP$9.68
01/09/2015DIVIDEND:PMPM$6.80
01/15/2015DIVIDEND:MDLZMDLZ$6.33
01/16/2015DIVIDEND:KRFTKRFT$18.14
01/29/2015DIVIDEND:BNSBNS$27.64
Total: $74.38

Disclosure: Long all above

62 thoughts on “Dividend Income Update – January 2015

    • Hi dividenddreamer,

      Often times those high percentage gains come from newer portfolios as my ROTH is not as old as my brokerage account. Thank you for the words of encouragement and keep that fresh capital flowing into your own dividend growth portfolio. Thank you for stopping by and commenting.

    • Hi ADD,

      I’m happy with the progress made so far. It’s really amazing to watch these year over year increases and seeing the effects of fresh capital, reinvestment and dividend raises have on monthly income. Like you, I always look forward to the next month and anticipate how things shape up. Thank you for commenting.

    • Hi Kay,

      Thank you for the words of encouragement and support. The proof is in the dividends and we all know dividends don’t lie. It’s real measurable money coming in without any statistical distortion etc. It’s simply cash coming in and as you said the ‘year over year increases really tell the story.’ Looking to continue on this journey. Thank you for your comment.

    • Hi R2R,

      Thank you for the kind words. As you know by now my portfolio skews on the more conservative side holding many more consumer staples and as you said, “really strong companies” as well. While I’m still looking to add energy at some point I feel more comfortable holding less volatile names in a long term portfolio. Be on the lookout for some of these solid names and jump in when valuations make sense. As always, I appreciate you stopping by.

    • Hi TGE,

      Well I’m counting on those new purchases towards the end of last year to really boost my 2015 dividend income and it is nice to see dividends coming in from new companies such as RY, TD, BNS and UL in my ROTH. Regarding your KRFT, all I can say is that despite having a low dividend growth rate is does pay a pretty nice current yield and MDLZ has a lot more room for international growth which should help the stock long term. Thank you for stopping by and commenting.

    • Hi w2r,

      There’s a certain level of comfort that comes when comparing your own dividend income portfolio with others. Happy to be a fellow shareholder with you in many of the January names. Look forward to reading your updates and progress too. As always, I appreciate the comment.

    • Hi DG,

      For a month that is not a traditional high dividend producer, January’s results sat well with me. Keep adding that fresh capital, reinvest and buy those solid dividend raisers and before you know it your January will meet and exceed these results. Thank you for the continued support and for stopping by.

  1. Great job! It’s an awesome year-to-year increase, I must say. We don’t have any investments in stocks right now, although I would consider stock dividends the ultimate passive income, which is very attractive to me. We’ve got paid about $440 in dividends in roughly 2 years since I started buying stocks, but the investments were short term. Right now, we have so many plans with our cash, that I don’t think we’ll fit any stock buying in there, but I will have to keep an eye on the market, in case there’s a great opportunity coming.
    Felix Money recently posted…TGIF vs. TGIM – Part TwoMy Profile

    • Hi FM,

      Thank you for the kind words. As you know, many in the dividend blogging community are exclusively looking to build a passive income source via dividends. Some supplement their dividend income with rental properties and P2P lending along with other practices. For me, I like the true passive nature dividends provide. While enough time and research goes into making purchases I find that the maintenance is much lower and less intense than say being a landlord. Keep an eye on the market, and, as you mentioned, ‘there’s a great opportunity coming,’ however don’t pass up on opportunity costs as well. You know the saying, “time in the market is better than timing the market.” Thank you for stopping by and commenting.

    • Hi IRtF,

      I’d love to add more to many of those names listed but not at current valuations for many of them. I find that a lot of the consumer staples are trading at relatively high valuations. While many have found better buys in energy and finance I would love to see those bargains come into the consumer sector as well. I guess it’s a testament to the solid and stable nature of the sector and sometimes you have to pay a little more for quality. Thank you for the support and your comment. Keep watching PEP.

  2. Good work!

    It is truly amazing that we are already in the month of February. Where does the time go?

    Don’t have any of the same dividend stocks as you. Currently only have T and VZ in my dividend portfolio. Looking at adding IBM (yielding 2.8%) and CAT (3.3%). Probably CAT before IBM as I like to get at least 3% when I commit new capital on dividend stocks. Then I sell calls against the positions.

    Cheers!
    Gen Y Finance Guy recently posted…January 2015 – Detailed Financial Report #1My Profile

    • Hi GYFG,

      I can’t believe how fast the year is going as well. I just see the comments this summer as people will inevitably remark at how half of 2015 is already gone. Such is life I guess.

      I have to say from all the names you mention CAT would be my favorite pick. It has come down a lot in recent months and with a yield north of 3% it has become enticing once again. I recently added a bit a couple months ago and might look to add more after my Canadian banks (RY, TD, BNS). Those names are still high on my February buy list. Have you considered writing puts to potentially enter into CAT positions? Thank you for stopping by and commenting.

  3. Wow those are nice increases, 60.38% and 201.13% respectively. That just shows that you’re making excellent progress toward your goals. Way to initiate positions in the Canadian bank stocks. I love these stocks myself. 🙂
    Tawcan recently posted…Recent BuysMy Profile

    • Hi Tawcan,

      I was a little surprised at my brokerage account YOY percent increase in dividends as that account is much larger than my ROTH and usually you get those really high YOY percent increases when your dividend income is still relatively small. Still, I am very appreciative for what I have accomplished and happy with the results. The Canadian banks are really making a lot of noise in recent months as they have fallen quite a bit from their summertime highs. I happen to believe in their long term stability and ability to continue to pay out dividends for decades to come as well. As always, thank you for stopping by and commenting.

  4. Great job in January! Your next two quarter’s will be fun to watch with more huge increases and lots of dividend raises looming around the corner. Your payouts this quarter have a lot of names that I don’t own yet, so thanks for the ideas for me to boost this quarter’s income. Have a great weekend!

    Best,
    Ryan
    Ryan recently posted…Dividend Update: January 2015My Profile

    • Hi Ryan,

      Thank you for the encouragement. I was mentioning this in December that I will be curious to know how the first quarter of 2015 finishes as I added a lot more fresh capital towards the end of 2014 and knew the fruits of those new investments wouldn’t fully pay off till the end of the first quarter this year. Happy to provide you with some other solid dividend paying companies for you to consider for your own portfolio. Thank you for commenting.

    • Hi CF,

      I look at my dividend income exactly as you have described. I ask myself, “What can this month of passive income cover?” And like you stated, a lot. A car payment, utilities/cel phone, a flight even. The reality of being a dividend investor is that with each passing year your dividends are able to cover a lot more of your living expenses. Think about your dividend income… from $0 you have only one way to go. Thank you for stopping by and commenting.

  5. Solid January dividend income, good job! I still have to tally up my January totals, it was pretty good I think. I also absolutely agree about the valuations on some great companies is just too high at this time. However, with a little research, there is always another good stock at a value price to be had. Keep up the good work.

    – HMB
    HMB recently posted…Big Changes on the HorizonMy Profile

    • Hi HMB,

      Thank you for your continued support. There are still quite a few solid companies out there sporting some pretty nice yields and decent valuations just not as many in the consumer space. Still, as you mentioned, with a little research there are always gems to uncover. Good luck in your new adventure as well. Thank you for commenting.

  6. Nice growth, Keith!
    I am about 7 and a half weeks from retirement, so my numbers are a bit higher. Over $1329 came in last month from investments in BAX, CSCO, DIS, GE, GSK, KMB, KRFT, NKE, O, PEP, WMT and XOM. All of that was reinvested via DRIPs because my wife and I don’t need the cash and find DRIPs to be an effective way to increase our shares without incurring any commissions. We started using DRIPs last March, and our annual (projected) dividend income has increase by $363 from these small purchases.

    On another subject, I purchased 50 shares of GILD today. I owned Gilead in the past, but sold the shares to concentrate on dividend growth. The biotech company now offers the best of both growth and dividends with the announcement that it will pay $0.43 per share on a quarterly basis. For those with a long term horizon, this just may turn out to be a very good investment.
    Best wishes,
    KeithX

    • Hi KeithX,

      Wow. Congrats on your stellar dividend income for January. Granted you are ready to start living off of those dividends in just a few more weeks but it just goes to show what passive dividend income can do for your retirement lifestyle. From your list of names above I can see some pretty solid dividend payers. I guess that’s what you want when entering retirement. No room for those risky high yielding stocks. Regarding your GILD purchase it does seem like a good long term buy. It has certainly been a popular stock for a very long time and I have never considered it for my portfolio. Now that GILD can be considered a growth stock and dividend grower I may have to take a look into it as well. Thank you for stopping by and sharing.

  7. DivHut,

    Great percentage gains from last year. I think you got some great companies in your portfolio. I have not really kept track on my blog of my Roth IRA dividends, but have a small amount of KMB in there as well. Great first month to the year.

    Looking forward to see a great 2015!

    • Hi DSWAN,

      Thank you for your continued support and encouragement. I’m very happy with my January results as you can imagine. The point of my long term dividend portfolio has been to fill it with solid companies. I don’t want to risk my capital on high yielding REITs, MLPs or other stocks that can potentially cut a dividend payment. Look forward to seeing how your 2015 shapes up as well. Thank you for stopping by and commenting.

  8. DH,

    THERE WE GO!!! NICE. I see we had similar results for January thus far as I had roughly $278 total this past month.

    Great work is all I have to say and that’s nice that you have it evenly spread across a slew of dividend stocks. I own PM and KRFT, I like it. Do you reinvest your dividends as well? Curious if you do!

    Nice job, looks like you are set up to have a killer year, loving it.

    -Lanny
    Dividend Diplomats recently posted…Lanny’s January Income and Expense SummaryMy Profile

    • Hi DD,

      My long term goal is to eventually spread the dividend payments out from all the companies I own as evenly as possible. I know I won’t be able to make it a perfect spread but as you can imagine I do not want to be overly reliant on just a handful of stocks for my dividend income. I see this as a risk spread. For now, every dividend I receive is automatically reinvested. I have been thinking about taking dividends as cash and selectively reinvesting but for now I just like compounding factor of automatic reinvestment. Thanks for the continued support and encouragement. Looking forward to seeing how 2015 shapes up for as well. Thanks for commenting.

    • Hi Martin,

      I think every dividend investor wishes they had more cash to invest. It’s funny. Ask the average Joe on the street what they’d do with an extra $10k or $50K, etc. and I’m sure you’ll hear ‘buy a new car’ or some other nonsense. Ask the same question to long term investors such as ourselves and I’m very certain we’d hear, ‘buy dividend stocks.’ Keep saving as much as possible and buy into the names you mentioned slowly. I remember when I first started I would make $400 purchases in some months and skip a few months too. That was it. I’m still on the lookout for those Canadian banks as a February purchase. We’ll see what I ultimately buy. Thank you for stopping by and commenting.

    • Hi DGJ,

      Keep plugging away as we all are doing. I always say that every dividend growth investor is on the same path headed in the same direction just at different points in the journey. You put up some pretty impressive numbers as well. Congrats on your all time high. As always, I appreciate your comment and stopping by.

  9. Great progress DivHut – way to go! The passive income from both your brokerage account and Roth IRA is growing quite nicely. And more importantly, it looks like you have many great companies paying you dividends and should continue to do so for many more years…and hopefully continually growing dividends as well! 🙂

    Thanks for sharing your January income. Wishing you continued success throughout 2015 and beyond. AFFJ
    A Frugal Family’s Journey recently posted…Dividend Stocks Portfolio (Update) – February 2015My Profile

    • Hi AFFJ,

      I appreciate the kind words and support. That’s one thing our community of dividend investors has, encouragement for one another. As you mentioned, I’m looking for continued dividend increases across all the names in my portfolio. I’m not greedy, double digit increases are nice but I’ll gladly take single digit increases as well. The ROTH account will no doubt display the largest percentage increase in 2015 as I added quite a few new names towards the end of 2014 including TD, BNS, RY and UL. Just those purchases alone should increase my overall dividend income quite nicely for that account. As always, thank you for sharing your thoughts and stopping by.

  10. Congrats on the big month! The YOY increases are awesome.

    It’s good to see that we are shareholders in the many of the same companies. Still looking to add TD and RY to my portfolio. I’ll finally get around to that sometime this year, I think.

    You’ve got yourself set up for a big year!
    Seraph recently posted…Recent BuyMy Profile

    • Hi Seraph,

      Thank you for the kind words. I expected a huge YOY increase in my ROTH but didn’t think I’d see such a high figure for my brokerage account as well. Happy to be a fellow shareholder with you in many of the same names. Keep an eye out for those Canadian banks. A lot are presenting some pretty good values with their recent price collapse along with some pretty juicy yields. As I mentioned in another post my February buy will most likely be a Canadian bank stock. Thank you for stopping by and commenting.

  11. Awesome progress! I know the lower numbers somewhat skew the percentages when you compare them to last year, but it’s still good to see such huge growth year over year. Do you think you’ll be able to hit $300 combined between both accounts next month?
    Debt Hater recently posted…January 2015 Budget ReviewMy Profile

    • Hi DH,

      Thanks for the encouraging words. Not sure about February hitting $300 as it’s another traditionally low dividend paying month. We all love those end of quarter dividend payouts as most companies pay in March, June, September and December. No matter to me as long as I exceed my 2014 dividend totals for both accounts. As always I appreciate your comment.

  12. Excellent! For me, I received just over $60, so I have a while to catch up. I have pm but I don’t mind owning any of your selections.
    Good luck with February.

    • Hi D4s,

      Congrats on hitting your $60+ mark for the month. Just think even without any dividend raises and without reinvesting you’ll still be bringing in well over $700 for the year in passive income. Just think of what that can pay for. Happy to be a fellow PM shareholder with you. It’s amazing to me how the tobacco industry has held on so strongly the last decade despite all the litigation and negative press received. Thank you for stopping by and commenting.

    • Hi DM,

      Thank you for the continued support. Quality names in quality portfolios and that’s what we have. I’m very excited to see what the rest of 2015 holds in store particularly the first quarter. As always I appreciate the comment.

      • Hi Divhut

        Its really good to see your dividend income marching on the first month of the year and with more reporting feb is going to.be even more I believe.

        I like the fact that the income is spread over rather evenly towards the 12 months than by quarter. I think it sorts of help to navigate cashflow.
        B recently posted…How much am I making from online income?My Profile

        • Hi B,

          As you can imagine I have been very pleased with the progress made YOY. As you mentioned, the dividend income keeps marching along and I’m curious to see how the first quarter finishes as I invested a lot more heavily towards the end of 2014 in which the results will show in the first three months of this year. I aim to spread my income as evenly as possible, not necessarily on a month to month basis but rather from each company instead. This way I am not overly reliant on dividend income from just a handful of companies. Thank you for stopping by and commenting.

  13. Wow 60% and 200% growth of dividend income. That’s really something for sure. You get paid even though you don’t do anything every month. Just picking great companies, sitting and collecting dividend income as many great investors do which is the key of becoming financially independent. Keep up the great work DivHut!

    BeSmartRich
    BeSmartRich recently posted…Net Worth Update- January 2015 +7.1%My Profile

    • Hi BSR,

      That’s the name of the passive income game… getting paid no matter what I do during the month. Thank you for your words of encouragement and continued support. As always I appreciate you stopping by.

  14. Hi DivHut,
    Congrats on a great month! A 60% increase in taxable dividend income is certainly a warm spot in these cold winter months! I have CB and KMB out of your list, though I’ve only held them long enough that KMB went through one 4% dividend increase last year. Not only do dividends pay you for doing nothing, you also get a pay raise for doing nothing!

    Best wishes for a successful year!
    -DL
    Dividend Life recently posted…February Stock Purchase #1My Profile

    • Hi DL,

      Thank you for the continued support. Your comment highlights some of the reasons we are dividend investors. The whole notion of “earning” passive income indefinitely is awesome coupled with the fact that most of the companies we are invested in give us annual pay raises most jobs never give. Keep investing and chronicling your dividend progress. Have a great 2015 as well. Thank you for stopping by and commenting.

  15. Divhut,
    Congrats on the excellent progress. I’m not too far behind you on the dividend totals for Jan. A 60% increase over last year is awesome! Keep up the great work and thanks for your weekly postings.
    MrStockFox
    Mr. Stock Fox recently posted…Weekly ArticlesMy Profile

    • Hi MSF,

      The encouragement received from the FI community is totally awesome. Thank you for your continued support. I am curious to see how my end of 2014 purchases will affect my first quarter results in 2015. As you can imagine I am very happy with the progress thus far. Thank you for stopping by and commenting.

    • Hi weenie,

      Thank you for your continued support. After seeing that YOY result I just got a fire lit underneath me and aim to crush my 2014 results. Of course, I’ll do this without chasing yield rather just by continuing to buy into the high quality names I already own. For now, it doesn’t seem like I’ll be adding and new names to my portfolio this year. Thank you for stopping by and commenting.

    • Hi CG,

      The real key to those YOY results comes from the fresh capital that’s added. As relatively new dividend growth investors it’s really the only thing we have. Sure dividend increases and compounding helps, but the real magic will come once our dividend snowballs reach a certain critical mass. Keep buying into high quality dividend payers and you’ll see the same results too. I appreciate your comment.

    • Hi DD,

      Thank you for the kind words and continued support. I too would like to add to my consumer staples sector stocks but not at current prices/valuations for many. Love watching that dividend snowball grow. Thank you for stopping by and commenting.

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