Dividend Income Update January 2017

The beginning of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. No doubt, these are the best posts to write and read online as it only provides further proof that dividend investing can work over time and that anyone can create an ever growing passive income stream. Looking back at my January totals I see that my year over year improvement has been modest at best. Of course, this wasn’t because of any investing mistakes that were made on my part, rather several external factors beyond my control that affected the January totals.

 

Let’s start with The Kraft Heinz Company (KHC) deciding to pay me in December instead of January which threw off my income a bit in my taxable and ROTH account. Then, the Johnson Controls International (JCI) merger with Tyco International plc (TYC) last year which resulted in the Adient (ADNT) spin off and cash deposited into my account, reduced my total share count of JCI which led to a smaller dividend payment from them this month. Should any of this concern me? Not really. As long as those dividend payments keep coming in, it doesn’t matter which month they arrive and the reduced JCI share count was made up with the ADNT spin off hitting my account. In the end, I was still able to put up year over year gains which just goes to show the overall power of having a diversified, dividend growth portfolio. Even when external factors are in play you can still mount year over year growth.

 

With that being said, let’s take a look back at my January 2017 dividend income.

 

Dividend income from my taxable account totaled $206.97 down from $217.84 a decrease of -5.0% from January of last year.

 

Dividend income from my ROTH account totaled $121.29 up from $113.37 an increase of 7.0% from this time last year.

 

Dividend income from my IRA account totaled $12.20 up from $0.00 from this time last year.

 

Grand total for the month of January: $340.46 an increase of 2.8% from January 2016.

 

Brokerage Account

DateDescriptionSymbolAmount
01/04/2017DIVIDEND:KMBKMB$32.99
01/06/2017DIVIDEND:PEPPEP$18.76
01/06/2017DIVIDEND:JCIJCI$16.64
01/10/2017DIVIDEND:PMPM$40.34
01/11/2017DIVIDEND:ITWITW$37.03
01/12/2017DIVIDEND:MDLZMDLZ$6.13
01/17/2017DIVIDEND:CAHCAH$9.44
01/20/2017DIVIDEND:CBCB$6.29
01/25/2017DIVIDEND:GEGE$39.35
Total: $206.97

ROTH Account

DateDescriptionSymbolAmount
01/04/2017DIVIDEND:KMBKMB$6.73
01/06/2017DIVIDEND:PEPPEP$11.78
01/10/2017DIVIDEND:PMPM$7.74
01/12/2017DIVIDEND:MDLZMDLZ$8.27
01/30/2017DIVIDEND:BNSBNS$86.77
Total: $121.29

IRA Account

DateDescriptionSymbolAmount
01/05/2017DIVIDEND:CCPCCP$12.20
Total: $12.20

I’ll take it. Year over year growth is year over year growth no matter how you look at it and as I mentioned above January was largely affected by circumstances beyond my control.

 

Are any of these dividend stocks in your portfolio too? How was your January dividend income? Please let me know below.

 

Disclosure: Long all above

62 thoughts on “Dividend Income Update January 2017

    • Hi Doug,

      While it’s always nice to see some similar names reporting it’s cool too seeing the variety of dividend payers that are out there. Thank you for stopping by and commenting.

    • Hi BHL,

      Thank you for those kind words. That’s the plan… keep these dividends growing and growing for many years to come. Thank you for sharing your thoughts.

    • Hi ambertree,

      Exactly! These dividend shuffling games happen from time to time which only cause a little annoyance when trying to figure monthly year over year growth but otherwise it’s not really a big deal. In the end I was able to put up some year over year gains despite these events which makes me happy. As always, I appreciate your comment.

  1. Great stuff DH. Over $300 is a solid total and it’s surely set to grow from here. Like you I had quite a bit of fluctuation in payments that made the comparisons a bit wonky, but the dividends continued to roll in and they spend just as well if they’re received in one month or the next. I really want to add CB to my portfolio. I like the business model for insurance companies and CB has an excellent history of rewarding shareholders. All the best in February.
    JC recently posted…6 Option Moves to Boost My Investment IncomeMy Profile

    • Hi JC,

      Yeah, those dividend distribution shuffles are an annoyance when trying to make monthly year over year comparisons but as you said it really doesn’t matter what month those dividends are paid as long as they keep coming in. It’s been a while since I added to my CB shares. In fact, I haven’t touched that stock since the ACE buyout a while back. Maybe it’s time to take a look at this name again. Thank you for sharing your thoughts.

  2. Good job ! Any growth is good growth. January is typically a slow month for most people as the most lucrative is the mar-jun-sept-dec cycle. Patience is key. I like the holdings. Looks like a solid portfolio. Thanks for sharing!

    -Brian
    Brian recently posted…January Dividends 2017My Profile

    • Hi Brian,

      I totally agree. Any growth is good growth which is why I won’t complain about my January results. As dividend investors we all love those end of quarter months the most as they typically offer superb returns but on the whole I just want a solid twelve months and a year over year gain for my annual total. Thanks for those kind words about my portfolio and for commenting.

    • Hi Jay,

      Happy to be a fellow CB shareholder with you. No doubt it’s one of the more solid names in the insurance game. Thank you for your kind words and continued support. Look forward to continue showing year over year growth next month too. As always, I appreciate your comment.

    • Hi DIS,

      As I’m commenting to others, no complaints on my end. I’m happy bringing in well over $300 passively. I realize that’s a real sum of cash that covers quite a few monthly expenses already. I’m in no rush. I have been doing this for many years, buying the lower yielding but growing dividend stocks instead of chasing the high yield fantasies. This way, I have built a solid dividend paying portfolio that allows me to sleep well at night. Thank you for commenting.

    • Hi R2R,

      Always love hearing the encouragement and continued support. I’m with you on growth. Big or small it’s all headed in the right direction. As always, I appreciate your comment.

  3. Hi DivHut,
    It’s good to see an overall increase despite the variation from JCI and KHC. $340+ income is awesome, congrats!
    Did you add to any of the positions over the year or are all the increases from organic growth?
    We have KMB and CB in common.
    Best wishes,
    -DL

    • Hi DL,

      Thank you for those kind words. Bringing in over three bills passively is always a nice feeling. To answer your question most of the growth from the payers listed in January was organic. I added a little ($399.69) to JCI towards the end of 2016 and under $1,400 in CAH also towards the end of 2016 otherwise the rest of the income was purely from dividend growth and reinvestment. Thank you for sharing your thoughts.

    • Hi Charlie,

      Nice to have a few names in common. It’s all good with PEP. While these differences in dividend distributions can be a little annoying when trying to report like year over year totals, I understand that the real report is the annual total. No complaints on my end. I’m still happy showing any growth. Thank you for commenting.

    • Hi DD,

      While I wish my year over year growth was in the double digits I’ll gladly take single digits too as it still shows growth and that’s what being a dividend income investor is all about; generating an ever increasing passive income stream. As always, I appreciate your comment.

    • Hi Tawcan,

      Thanks for those encouraging words. Good income, year over year growth, what’s not to like? Thank you for stopping by and commenting.

    • Hi DC,

      Thanks for those kind words. I was very pleased with my results despite a small year over year gain. Of course, the annual total is what I’m really after but I have no complaints about my January showing. Here’s to a great start among our investing peers and look forward to a great 2017. Thank you for sharing your thoughts.

    • Hi FerdiS,

      I reinvest all my dividends so everything gained is automatically put to work. No doubt that helps the snowball move along just a little bit faster. Like I said, an increase is an increase so there is nothing to complain about. As always, I appreciate your comment.

    • Hi SAD,

      I agree. Any growth is good growth. Like when a company raises a dividend 1%, I’ll take it. Despite some external factors touching my portfolio last month I still managed a year over year gain which is all good to me. Let’s keep it flying! Thank you for commenting.

    • Hi Matty,

      Like you, I also get a lot of inspiration form others to keep plugging away and continue to sock away as much cash as possible in order for me to invest. Happy to provide you with some inspiration. Be consistent with your buying, tune out the noise and stick with the solid, known dividend paying stocks. Thank you for stopping by and commenting.

  4. There you go Divhut! Looks like you had a lot of “noise” this month within your portfolio. What’s awesome is that despite everything you were STILL able to post an increase in your dividend income. Take that to the bank haha Nice job and I cannot wait to see what the rest of the 11 months in 2017 have in store for you.

    Bert

    • Hi DD,

      You said it. Noise will happen from time to time with irregular dividend pay outs or reduced share counts because of spin offs but as you saw I was still able to put up year over year gains. Just goes to show the power of a solid, diversified portfolio. As always, I appreciate your comment.

    • Hi Chris,

      You’ll hear no complaints from my end. The bottom line, I was able to put up figures that showed year over year growth and that’s what makes me happy. Those irregular dividend payments happen from time to time but it’s all good as long as those payments keep coming in, no matter which month it is. Thank you for commenting.

    • Hi easydividend,

      You bring up a good point about owning ‘income building assets.’ Most people own things that depreciate in value or at the very least maintain its value but does not produce any income so I have nothing to complain about when it comes to putting up a 2.8% year over year gain. An increase is an increase and I’m happy with my results. Thank you for stopping by and commenting.

  5. DH,

    You’re right; the best part of dividend investing is sitting back and counting what’s rolled in. I understand what Rockefeller meant about getting his dividend cheques.

    Your spinoff is exactly the same situation I experienced with YUM. I now receive less dividends from YUM but also have the YUMC shares to compensate. I would have preferred the company stay united, but it is what it is, I suppose.

    Take care!
    – Ryan
    Get Rich Brothers recently posted…Five Year Plan, Update #1My Profile

    • Hi GRB,

      So true. While life has many different things to offer, collecting income passively has got to rank up there as one of the enjoyments. I’m still undecided about what to do with my YUMC spin off. Not sure if they even plan to offer a dividend and with ADNT, VSM, HYH, and QCP in my portfolio as a result of a spin off but not paying me any dividends seems like an unproductive use of those funds. I’ll wait for a while still before deciding to unload those names. As always, I appreciate your comment.

  6. Good show Keith. My Jan 2017 dividends were 30% higher than Jan 2016 dividends, but a large part of that is due to purchases of some new Div stocks in later part of 2016 that have January payouts. If I adjust for that, the organic Div growth in Jan 2017 over same month last year was 7%. Will gladly take it. Let’s see how the rest of the year shapes up.
    Ten Factorial Rocks recently posted…Dividend Investing vs. Indexing – Part 4My Profile

    • Hi TFR,

      Nice showing for your own year over year increase. Whether by adding fresh capital, dividend raises, reinvestment or some combination of the three it all reflects in higher year over year distributions which is what we are all after. Good luck with the rest of 2017. I’m quite excited about chronicling my progress. Thank you for sharing your thoughts.

    • Hi DD,

      Thank you for those kind words. I always enjoy the continued support and encouragement received from you and others online. 2017 is off to a great start. Only way is up from here and while I don’t want to rush the year (I know it will come to an end in the blink of an eye) I am curious to see how 2017 will compare to my 2016 results. OK, no rush. Let’s enjoy February before it’s over too 🙂 Thank you for commenting.

  7. Great account, as I am now starting out my account is much smaller. Got $15 but I know it will grow. I have MO instead of PM. PEP is on the top of my list to buy as I consider it a foundation stock and really want to get in. I will be doing quarterly dividend reviews for 2017 until I have more data to compare to as it is unfair to compare it to me in college.
    Stefan – The Millennial Budget recently posted…Zero Sum Budget: Giving Money PurposeMy Profile

    • Hi TMB,

      In time, all long term dividend growth portfolios grow. That’s just the nature of what this investing strategy is. Keep building your dividend portfolio and seek out the best companies instead of falling victim to those attractive but unsustainable high yields. This investing strategy takes time and patience to really bear serious fruits. In our “fast” lives filled with so much nonsense subscribing to an investing strategy measured in terms of decades and not weeks, days or seconds can be difficult. Buy the known solid companies, sit back and monitor your positions through the high times and the low times. Thank you for stopping by and commenting.

    • Hi Vivianne,

      Thanks for the continued support and encouragement to move forward. With January in the books I’m happy to be able to post a year over year gain. Just eleven more months to go 🙂 Thanks for commenting.

    • Hi EL,

      Most dividend investors love those end of quarter months the best as it usually brings in the highest amount of dividends from our portfolio. Keep sticking with those solid dividend payers and I’m sure you’ll achieve your goal for your 2017 dividend totals. As always, I appreciate your comment.

  8. We share KMB and PEP in common. When companies pay their dividends in a different month, it does throw off the year over year calculation, which is a great way to track progress. At the end of the day, however, it doesn’t matter what month it gets paid out as long as you’re collecting those dividends. And I agree – year over year growth is year over year growth no matter how you look at it. Thanks for sharing and keep up the good work.
    A Christian Investor recently posted…Sold On Loyal3: AXP, DPS, DNKN, HAS, K, KHC, MAT, MCD, PEP, TGT, UL, YUMMy Profile

    • Hi ACI,

      Nice to see at least a couple names in common paying us for the month. You already know the drill, as long as those dividends come in, it really doesn’t matter which month they hit your account. In the end it’s all about the annual total and my goal is to continually increase that figure for years on end. Keep those dividends flowing for another eleven months! Thank you for stopping by and commenting.

    • Hi Dan,

      I appreciate every comment left on DivHut. Seeing the reach many of my posts receive just keeps me further motivated to continue sharing my own FI journey. Thank you for stopping by and commenting.

  9. It’s nice to see growth! Realized was only 2% for the month but in actuality it was higher due to the odd payout cycle. Keep up the great work! I have made it a personal goal to catch up to where your portfolio is at! Wish me luck!

    • Hi DD,

      Everyone is building their own passive income portfolio on their own schedules. Some grow faster than others but make no mistake, we are all headed in the same direction. We’re just at different points on the same path. Keep sticking with the known, solid, safe, dividend growers and, in time, your portfolio will reach the same size as mine if not larger. It’s all about showing consistent growth and most importantly, patience. As always, I appreciate your comment.

  10. DH Its actually very nice to see your growth. I am putting cash aside for the next crash myself and I hope to learn from your own portfolio too. Keep up the great work and have an awesome, dividend-rich 2017. 😉

    • Hi BD,

      Thank you for those kind words about my growth and portfolio. You are not alone in setting cash aside these days. Actually, I have been reading about several of our fellow dividend growth investors hoarding cash for over six months now in anticipation of a crash. My mantra is to continually invest, every month in all market conditions. Thanks for commenting.

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