Dividend Income Update January 2019

One month down, eleven more to go. Not that I’m looking to rush 2019 but time has a way of slipping by without us really noticing and before you know it the holidays and a New Year are upon us once again. Why not stay invested in the market and continue to make contributions throughout the year and take advantage of all that time whizzing by. Stay in the game no matter what the headlines read.

With February already underway it is time for all dividend income investors to 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. With that being said, let’s take a look back at my January 2019 totals.

Dividend income from my taxable account totaled $304.96 up from $245.72 an increase of 24.1% from January of last year.

Dividend income from my ROTH account totaled $146.83 up from $139.11 an increase of 5.5% from this time last year.

Dividend income from my IRA account totaled $68.36 up from $45.40 from this time last year, an increase of 50.6%

Grand total for the month of January dividends: $520.15 an increase of 20.9% from January 2018.

Brokerage Account

Year to date dividends: $304.96

DateDescriptionAmount $
01/03/19KIMBERLY CLARK CORP CASH DIV ON 64 SHS REC 12/07/18 PAY 01/0...64.00
 01/07/19PEPSICO INC COMMON STOCK CASH DIV ON 35 SHS REC 12/07/18 PAY...32.46
 01/10/19ILLINOIS TOOL WORKS INC CASH DIV ON 58 SHS REC 12/31/18 PAY ...58.00
 01/10/19ALTRIA GROUP INC CASH DIV ON 34 SHS REC 12/26/18 PAY 01/10/1...27.20
 01/11/19PHILIP MORRIS INTERNATIONAL INC CASH DIV ON 40 SHS REC 12/20...45.60
 01/14/19MONDELEZ INTERNATIONAL INC COM CASH DIV ON 32 SHS REC 12/31/...8.32
 01/14/19JOHNSON CONTROLS INTERNATIONAL PLC ORDINARY SHARES CASH D...30.68
 01/14/19CHUBB LTD COM CASH DIV ON 9 SHS REC 12/21/18 PAY 01/11/196.57
 01/15/19CARDINAL HEALTH INC CASH DIV ON 61 SHS REC 01/02/19 PAY 01/1...29.05
 01/25/19GENERAL ELECTRIC COMPANY COM CASH DIV ON 308 SHS REC 12/20/1...3.08
Total: $304.96

ROTH Account

Year to date dividends: $146.83

DateDescriptionAmount $
01/03/19KIMBERLY CLARK CORP CASH DIV ON 7 SHS REC 12/07/18 PAY 01/03...7.00
 01/07/19PEPSICO INC COMMON STOCK CASH DIV ON 20 SHS REC 12/07/18 PAY...18.55
 01/11/19PHILIP MORRIS INTERNATIONAL INC CASH DIV ON 7 SHS REC 12/20/...7.98
 01/14/19MONDELEZ INTERNATIONAL INC COM CASH DIV ON 44 SHS REC 12/31/...11.44
 01/30/19BANK OF NOVA SCOTIA CASH DIV ON 159 SHS REC 01/03/19 PAY ...101.86
Total: $146.83

IRA Account

Year to date dividends: $68.36

DateDescriptionAmount $
 01/14/19  VENTAS INC CASH DIV ON 79 SHS REC 01/02/19 PAY 01/14/19 NON-...62.61
 01/31/19  LTC PROPERTIES INC CASH DIV ON 30.26146 SHS REC 01/23/19 PAY...5.75
Total: $68.36

What’s not to like about these real world results? Even with a nasty GE cut in 2018 my dividend income still continued to grow because of fresh capital being added, automatic reinvestment and those dividend raises which come by way more often than those ugly cuts. This is the beauty of building up a diversified dividend income portfolio.

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

49 thoughts on “Dividend Income Update January 2019

    • Hi Passivecanadianincome,

      I still like my Canadian banks a lot. BNS was a big one, that’s for sure. Still have CM and BMO on my mind for further diversification. I also hold TD and RY. As always, I appreciate your comment.

    • Hi MDD,

      Always a good feeling hitting a record. Seeing double digit year over year gains only means one thing… we are headed in the right direction. Keep it strong in 2019!

  1. Nice set of companies paying dividends, DivHut.

    GE is looking interesting by the day and I am tempted to jump back in as a value play. Still lots of hurdles ahead, but things are looking promising.

    Best
    R2R

    • Hi R2R,

      No one wanted to touch GE in the single digits. It has climbed a lot since $6+ a share. I plan to hold on to my shares for now. I may want to sell towards the end of 2019 for some loss harvesting but we’ll see till then. For now, GE remains. As always, I appreciate the comment.

  2. Great start to 2019 Keith! $500+ and a 20% increase. I’m pretty stoked about how this year is going to go especially with us being able to start investing some cash once again although with a new baby on the way that will probably be around the middle of the year. January got 2019 started off right for us too!
    JC recently posted…Dividend Increase | Aflac Incorporated (AFL)My Profile

    • Hi JC,

      The market will be there for you whether you have funds to invest or not. That’s the beauty of DGI. Stocks that you already own are compounding and generating income without new cash being added. I can imagine your excitement to start investing in earnest though. Congrats on a strong start to 2019. Let’s go from strength to strength.

    • Hi dividendgeek,

      Like you I am also holding on to my GE at least till the end of 2019. I may want to sell for a tax loss at that time. Thanks for that SSL link.

    • Hi DD,

      Cuts happen to every person in the DGI game. It’s part of the play action. The key is to stay diversified enough so that you are not too dependent on a handful of stocks for the majority of your passive income. Even with GE cutting I still managed a year over year increase.

    • Hi DG,

      Cuts happen to all of us at some point. That’s the nature of DGI. All good though. Still managed a year over year increase despite the GE cut. What’s not to like about that?

    • Hi Snugfortune,

      You said it. I invest with blinders on. Don’t know, don’t care about the financial noise. No one knows what the future will bring. National debt, wars, yield curve nonsense, interest rates rising, inflation, deflation, bubble this, bubble that. Who knows? What’s the alternative? Cash in the mattress? If cash will be worth anything (Venezuela, Zimbabwe, Argentina, etc.). Stay in the game, tune out the noise and just live your life. In the big scheme of things that’s all we really can do.

  3. Hi Keith
    Nice YoY growth, congrats! I particularly like the high quality consumer staples in your portfolio. PepsiCo, Altria, Philips Morris, Mondelez… These businesses will churn out stable and growing cash to their shareholders.
    I agree, the beginning of the year is great to look back and calculate the forward annual dividend income. It‘s so motivating. And as you say: that strategy works!
    We had a good start as well and will work very hard to smash the usd 10‘000 dividend income milestone this year.
    Keep it up and all the best!
    Cheers

    • Hi FS,

      Let’s keep smashing our personal records and keep growing that passive income stream. I still don’t understand why so many out there (outside our community) don’t like DGI. To me it’s a slow, stable, predictable and reliable way to grow a passive income stream. Money that you can tap in an emergency, supplement your lifestyle or better yet fully fund it. I keep thinking about all those people affected by the shutdown last month. If only an emergency fund was in place, supplemental income of $500, $600 from dividends would have been a big help as opposed to receiving zero. We have to take responsibility for ourselves. Of course, investing in new rims for my car or the latest $1K cel phone is just as prudent.

  4. Great month with the total dividends and YoY growth! Looks like we share three companies from this month, those being KMB, PEP, and MO.

    The market moves we saw over December and now January are further evidence and support to your comments about staying invested and sticking to the plan. If someone panicked in December and sold, they likely missed the recovery in January. I know you do a great job of tuning out the noise and remaining true to the strategy, as evidenced by these numbers!
    DivvyDad recently posted…Dividend Income Report :: January 2019My Profile

  5. Wow, $520 received in an off-month! That’s more than my target for the whole year. And I love that it’s almost $100 more than what you received in January 2018. It’s really an example that DGI works when you turn off the noise and just keep investing, no matter what is happening with the market 🙂
    I am sharing ITW with you this month. As you saw in my January summary, it’s the first time when I receive dividend from this company 🙂
    Good luck in 2019!
    BrokeInvestor recently posted…January 2019 SummaryMy Profile

    • Hi BI,

      DGI most definitely works. You just have to stay in the game to see these results. We all know that the financial headlines always read doom no matter the economic climate. I just make my buys every month, reinvest, enjoy those raises when they come, diversify to mitigate any cuts and ride out any financial storm. Happy to be a fellow ITW shareholder. I have held that stock for over ten years and plan to keep it for the foreseeable future.

    • Hi PIV,

      Thank you for your comment and continued support. Both ITW and PEP have been with me since I started down the DGI path about a decade ago. Let’s keep buying and building that passive income stream.

    • Hi DD,

      Feels good to start 2019 like this. Double digit year over year gains with the ugly GE cut. I’ll take it. Time to keep spreading my bets and boost my MO and maybe PEP payouts. I never want to be too dependent on just a handful of stocks for my income.

    • Hi DP,

      I like my start to 2019, even with the GE cut I managed a year over year gain. That’s what diversification is all about. I never want to be too dependent on just a handful of stocks for the majority of my income.

    • Hi DI,

      Thank you for your comment and continued support. More of the same for me going forward. Even with the ugly GE cut my passive income still rose. The power of diversification.

  6. Great month! I finally threw in the towel on GE this week. I think Culp is making the right moves for the long run but don’t care to assist further (as a shareowner) by absorbing tax liabilities (WAB spin, for one).

    • Hi Charlie,

      I hear you on GE. No plans for me to sell just yet though other comments have suggested it may be time to let it go. We’ll see how the rest of 2019 progresses. Maybe sell towards the end of the year? I’m holding for now as my passive income continues to rise despite the GE cut.

    • Hi ED,

      Nice to see some common names paying us both. No complaints about my 2019 start. Even with a dud like GE income still managed to rise. That’s the beauty of DGI.

    • Hi BB,

      Always happy to share my real world results from my dividend income portfolio. I just stay in the game no matter what the financial headlines read and stay diversified. Over the years I have held on to some duds (GE) but on the whole still manage a year over year rise in income.

    • Hi FI,

      No funds for me at this point. I prefer to stick with individual names and to an extent I have my own concentrated fund between all my holdings. Most funds have some exposure to GE so it would impact me one way or another. The reality is that my passive income continued to rise year over year so the effects of the cut has been mitigated.

    • Hi PB,

      Thanks for the comment. I’m not against selling by any means but seeing my passive income still increase year over year means my portfolio can absorb the GE cut. I’m not ready to let go of GE yet.

  7. Nice worth, Keith.

    We have some overlap with the PEP and BNS. I’ve been following CAH a bit over time and may well pick it up at some point; I think Healthcare is a great space to be in for the long run. The demographics are there to support a tremendous runway for the coming decades.

    Take care,
    Ryan

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