Dividend Income Update January 2020

One month down, eleven more to go. Not that I’m looking to rush 2020 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 2020 totals.

Dividend income from my taxable account totaled $613.95 up from $304.96 an increase of 101.3% from January of last year.

Dividend income from my ROTH account totaled $291.08 up from $146.83 an increase of 98.2% from this time last year.

Dividend income from my IRA account totaled $69.91 up from $68.36 from this time last year, an increase of 2.3%.

Grand total for the month of January dividends: $974.94 an increase of 87.4% from January 2019.

Brokerage Account

Year to date dividends: $613.95

DateSymbolDescriptionAmount
01/03/2020KMBKIMBERLY-CLARK CORP$65.92
01/07/2020PEPPEPSICO INC$33.43
01/09/2020GSKGLAXOSMITHKLINE$12.50
01/10/2020MOALTRIA GROUP INC$184.80
01/10/2020CBCHUBB LTD F$6.75
01/10/2020JCIJOHNSON CONTROLS$30.94
01/10/2020PMPHILIP MORRIS INTL$170.82
01/14/2020MDLZMONDELEZ INTL$9.12
01/15/2020CAHCARDINAL HEALTH INC$30.14
01/15/2020ITWILLINOIS TOOL WORKS$62.06
01/27/2020GEGENERAL ELECTRIC CO$7.66
Total: $613.95

ROTH Account

Year to date dividends: $291.08

DateSymbolDescriptionAmount
01/03/2020KMBKIMBERLY-CLARK CORP$7.21
01/07/2020PEPPEPSICO INC$19.10
01/10/2020MOALTRIA GROUP INC$31.92
01/10/2020PMPHILIP MORRIS INTL$8.19
01/14/2020MDLZMONDELEZ INTL$12.54
01/29/2020BNSBANK OF NOVA SCOTIA$110.38
01/31/2020TDTORONTO-DOMINION$101.74
Total: $291.08

IRA Account

Year to date dividends: $69.91

DateSymbolDescriptionAmount
01/13/2020VTRVENTAS INC REIT$64.19
01/31/2020LTCLTC PROPERTIES REIT$5.72
Total: $69.91

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

29 thoughts on “Dividend Income Update January 2020

    • Hi MDD,

      Thank you for your comment and continued support. I plan to keep making my monthly buys and ride out any of this near to mid term volatility. Have to look forward to 2021, 2022 and beyond.

    • Hi Passivecanadianincome,

      As long as I can continue to post any sort of year over year gain I am happy. My buying has not stopped in 2020 despite the market downturn so hopefully the fresh cash can mitigate any potential cuts coming down the pike.

    • Hi R2R,

      That’s the plan. I have not sold anything despite this rough market sell off. Still making my monthly buys and will HODL as a borrowed Bitcoin term 🙂

    • Hi Divcome,

      Always appreciate your comment and continued support. Even during these down days you must always keep that long term perspective and stay in the game. Keep it going in 2020.

  1. Thanks for sharing. I’m really enjoying your site. I actually don’t have any overlap with you in my dividend portfolio. I have been eyeing up LTC, but haven’t jumped in yet. I’ve also been watching GE, but more from a perspective of curiosity to see what the market does with it. I’m working on publishing my first monthly dividend post. I didn’t really get into dividend investing until the beginning of 2019, but it is never too late to start. My January 2020 dividend income total was $75.05. Thanks – Marcus

    • Hi Marcus,

      It really is never too late to start. Happy to see you jump aboard the dividend growth train. These days with so many great stocks on sale it seems that you have an almost endless choice of quality companies to add to your dividend growth portfolio. Keep on stacking those dividends.

  2. DH –

    Incredible, almost the home run month with 4 digits. Climbing fast, I see. Also – GE looks like they are doing better, from reviewing their press release. Quite incredible, wonder if there’s a turn around. Keep at it DH, keep going.

    -Lanny

    • Hi DD,

      The plan is to keep it all going through 2020 no matter what else happens. It’s been a tough start so far but I have a longer term outlook and will roll with these tough punches.

    • Hi ED,

      No complaints from me about my January totals. I hope the rest of 2020 will be more subdued in terms of volatility and that dividend cuts or suspensions won’t be too aggressive. I guess we’ll have to wait and see.

    • Hi PIV,

      I know it’s not a popular category but tobacco does continue to spit out cash for decades on end despite all the negative aspects facing the industry. I’m not saying I’m married to the industry, but for now, I’ll stick with it.

    • Hi CDB,

      For me it’s all about year over year gains. As long as I can post positive results, large or small, I know I am headed in the right direction.

    • Hi RTC,

      Always appreciate the comment and continued support. It will be interesting to see how 2020 unfolds with many new potential dividend cuts and suspensions on the table.

    • Hi RFI,

      These positions have been built up over many, many years. Just keep buying shares when you spot something you like and before you know it your dividend machine will be cranking out cash too. These days there’s no shortage of quality stocks on sale.

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