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
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 01/03/2020 | KMB | KIMBERLY-CLARK CORP | $65.92 |
| 01/07/2020 | PEP | PEPSICO INC | $33.43 |
| 01/09/2020 | GSK | GLAXOSMITHKLINE | $12.50 |
| 01/10/2020 | MO | ALTRIA GROUP INC | $184.80 |
| 01/10/2020 | CB | CHUBB LTD F | $6.75 |
| 01/10/2020 | JCI | JOHNSON CONTROLS | $30.94 |
| 01/10/2020 | PM | PHILIP MORRIS INTL | $170.82 |
| 01/14/2020 | MDLZ | MONDELEZ INTL | $9.12 |
| 01/15/2020 | CAH | CARDINAL HEALTH INC | $30.14 |
| 01/15/2020 | ITW | ILLINOIS TOOL WORKS | $62.06 |
| 01/27/2020 | GE | GENERAL ELECTRIC CO | $7.66 |
| Total: $613.95 |
ROTH Account
Year to date dividends: $291.08
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 01/03/2020 | KMB | KIMBERLY-CLARK CORP | $7.21 |
| 01/07/2020 | PEP | PEPSICO INC | $19.10 |
| 01/10/2020 | MO | ALTRIA GROUP INC | $31.92 |
| 01/10/2020 | PM | PHILIP MORRIS INTL | $8.19 |
| 01/14/2020 | MDLZ | MONDELEZ INTL | $12.54 |
| 01/29/2020 | BNS | BANK OF NOVA SCOTIA | $110.38 |
| 01/31/2020 | TD | TORONTO-DOMINION | $101.74 |
| Total: $291.08 |
IRA Account
Year to date dividends: $69.91
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 01/13/2020 | VTR | VENTAS INC REIT | $64.19 |
| 01/31/2020 | LTC | LTC 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
Nice tripe digit YOY growth! Your large double-digit growth rates from last year are impressive as well. Great work getting nearly $1K in dividend for the month! Excellent way to start the new year/decade! Keep up the great work! 🙂
My Dividend Dynasty recently posted…January 2020 Dividend Income
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.
wow nice hut. coming out the gates hard.
Massive yr over yr growth and those cig companies are paying ya well as well as those canadian banks. dammmm.
keep it up
cheers!
Passivecanadianincome recently posted…January 2020 Passive Income
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.
Nice bump from a year ago, DivHut. Keep it up!
R2R
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 🙂
Way to start the year off! Congrats on the impressive growth rates. Hold many similar names this month, like your nice bns payout! Was hoping the market would stay down a bit to start the month but it’s already back up there.
Regards-
Divcome
Divcome recently posted…January 2020 Dividend Income & Recent Buys
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.
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.
Awesomesauce!
What’s not to like with these results. Trifecta is working on all cylinders for you.
Keep up the grind!
Mr. Robot recently posted…January 2020 Dividend Report
Hi MR,
You said it. In the meantime, with all that’s going on I’ll continue to make my monthly buys and whatever happens, happens.
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.
That’s a massive income leap, DivHut. Nice work!
Big tobacco and some Canadian banks really treated you well in January. That’s a hefty dividend from ITW, too.
Keep growing that portfolio!
Engineering Dividends recently posted…Monthly Dividend Income (Jan. 2020)
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.
monster dividend to start the year off right. I start off slow till the third month LOL. you can definatly see the results month after month you are killing it with these dividends. keep it up.
Doug recently posted…JAN 2020 Dividend Review
Hi Doug,
Everyone loves the third month of the quarter. Hopefully we won’t see too many dividend cuts or suspensions going through the rest of 2020.
Wow, you have a few big payers with the tobacco companies and Canadian banks delivering some large remittances into your accounts. A great start for the year!
Passive Income Vortex recently posted…2020 January Dividend Summary
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.
Real nice. Good to see a YtY growth at levels like that. Very motivatiog!
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.
Well done. Thinking of adding some Ventas myself.
Hi REIT Dude,
Thank you. I’m still looking at REITs going into April. AVB, EQR and some others come to mind.
Wow. awesome haul of dividends and YoY increase, Div Hut! I am also holding MO and BNS. Looking forward to more of your income updates this year.
Reverse The Crush recently posted…Dividend Income Update 32 – January 2020: Passive Income from Six Stocks
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.
That’s a huge chunk from PM and MO, very nice dividend action.
Jealous of the Kimberly Clark holdings, it’s one that’s been on my radar for a while.
RipeForInvesting recently posted…JANUARY DIVIDEND REPORT
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.