Lanny’s January Dividend Income Summary

Wow, here we are everyone!  We are 1/12th in the books and the engine is starting to make progress for 2017.  It has been one wild month, being in busy season – these are the days that last forever, but fly by at the same time.  When you are working 60-80 hours per week, it feels like there is so much to do and going on that you can’t seem to keep up, but yet, your days are longer, still yearning for more hours in the day.  Now that January is in the books, however, that means that one month of dividends is also recorded officially!  Let’s check out the January December Dividend Income round up!

Dividend income

Technically (you’ll see below) another record month for January, I received a total of $381.82.  Very consistent names here, with a decent number of entities sending checks my way, see the table below.

With the 11 different entities paying me above, actually is one less than last year’s dividend income post!  That is because Kraft (KHC) has adjusted their dividend payout cycle and is no longer in the “off” months for us US investors, and have moved more towards the March/June/September/December ends.. I think?  Either which, way that is the reason this looks slightly different.  However, similar to last year – Philip Morris (PM) still takes the pie here, almost hitting the $100 in one quarter!  So weird seeing that, that’s for sure.  I may have to employ Bert’s table, where he shows the YoY percentage increases from each company, I kind of like that – what do you guys think?

Similarly, I have split out between the individual stock amounts and the retirement accounts, as the ” – R” indicates a retirement account dividend (or the furthest column to the right).  I separate these two, as I like to know what portion of my dividend income is coming from those retirement accounts that I cannot touch until 59.5 (barring any other usage rule I could use).  Here, it shows that I received a small total of $33.50 (up from $30.14 last year or up 11.15%)  or 8.8% of my income from retirement accounts and the other 91.2% was from my individual taxable account portfolio.  Additionally, this shows from retirement accounts that I’m all ready for my set it and forget it mentality to keep that income going.  To see my portfolio – one can go to our portfolio summary page.

Dividend income year over year comparison

2016:

2017: 

Overall, the growth stood at a WHOPPER (don’t laugh… haha) or 1% from last year to this year.  WOW.  Talk about massive growth.  So what happened?  Easy – Kraft (KHC) didn’t pay in January, so that’s a $15.54 loss (PY).  Additionally, Glaxo (GSK) due to currency translations, impacted this month.  However, there are still high points.  Realty Income (O) showed  10.25% increase, Canadian Imperial (CM) showed a disgusting 20.89% increase, as well as even Chimera (CIM) displaying a 23% jump!  Awesome, awesome, awesome.  That is the right direction, for sure.  Looking forward to 2017, that’s for sure and one can see my goals for 2017 here.

dividend increases

A month wouldn’t be a month without high quality companies increasing their dividend!  See the small chart below for the details on the dividend increases announced this month that are holdings in my portfolio.

Not a huge/massive amount of increases, but I experienced no dividend cuts, and two dividend increases, as shown above.  The big kicker here?  Norfolk & Southern (NSC) has jumped their dividend back in dividend growth territory!!  YES!  YES!  YES!  Nothing beats an unexpected dividend increase, that’s for sure.  And on top of that Realty Income (O), had a massive one at 3.95%, as they typically increase it throughout the year, not usually a massive increase in one punch.  Just awesome and fortunate.  All in all, $10.15 from dividend increases, which at 3.50%, is equivalent to a $290 stock purchase.  I’ll take this any day.

dividend income conclusion & Summary

Well, wasn’t an incredibly exciting month, but if you take out the Kraft from last year’s January, and then compare – it looks a little bit better.  I can at least say that I hit another record month and the goal is to always keep doing this month after month, after month.  Dividend investing.. you have to love it!

As I discussed with my updated – normal monthly expenditures at the moment, this $382 would cover 39% of my average $984 monthly expense for my house, including utilities; up from last year and can say it would fully cover any automobile expense (agh, screw driving!).  In similar fashion –  all of the investing from last year and moves this year, show being frugal to save 60% of my income, that every dollar counts, has helped me in achieving lofty goals that I set in place for my 2017 year.  LET’S GO!!!!

How did your first month turn out?  More/better than expected?  Learn anything new about what to do going forward?  Stepping closer & closer to financial freedom?  Would love to hear how it all went!  Any other comments or suggestions, since I have a full year to think about them now?  Haha, I hope everyone had a very relaxed and enjoyable first 31 days, talk soon and happy investing!

-Lanny

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41 thoughts on “Lanny’s January Dividend Income Summary

    • Chris –

      Thanks! Pumped that it was a solid month overall, with purchases, contributions, solid reinvestment, div increases, etc.. Just solid and thankful, that’s for damn sure. Appreciate the comment, talk soon.

      -Lanny

  1. Hi Lanny,
    I call that a good start to the year. Isn’t it fantastic that your portfolio paid you more dividends this year than last year while you had to work not a minute more for it? Especially considering those 60-80 hour weeks you pulled this month?
    Happy investing!
    Regards,
    DIB

    • DiB –

      Appreciate the comment. Exactly… my income went up with only having to own the stocks, the same stocks I owned for the most part last year. That’s what this is all about, companies paying you back for owning a piece of that revenue. It’s great. Lucky, for sure. And you’re damn right… these work weeks are murdersome… hoping for another 3 more like the ones I’ve had, and then it’ll be cooled down for the most part. LEtS GO!!!

      -Lanny

  2. Great job Lanny, almost the exact same amount as me. 1% growth is STILL growth. I may have to report some negative growth in February due to some changes in my portfolio. We’ll see! What is your income goal for this year again? Keep it up bro,

    Passive Income Dude

    • PID –

      Yeah, I noticed that! Too funny, and yep – positive, is positive, and it’s not going the other way. Definitely curious to see you hit your February month to see the changes. Goal is to have a forward income of $10K; I’m over $8.25K right now, I need to update my portfolio, which I will later tonight. I’m on pace, but damn, it’s hard. Keep grinding Dan, keep grinding.

      -Lanny

    • Time –

      Exactly, the Norfolk (NSC) was a surprise, which was the best part. It’s also the small surprises that tell me – this is possible, this is working and I can see it happening. More moves to be made. Thanks again, talk soon!

      -Lanny

  3. Eh, growth is growth right? Considering the loss of the Kraft dividend (for this month) and the currency fluctuations I would name this a very solid month.

    We had a 3-digit growth for the month, which is enormous for the month. But coming from a smaller dividend paycheck, it’s not that hard 😉 We’ve had our first whole year of dividend investing for 2016, and really see the results of compounding in our dividends.

    • Divnomics –

      The 3 digit growth, even if on a smaller $ scale, is so motivating though! Can’t wait for you to have another year consistency and striving to push yourself further and further, it’ll pay off this year and going forward in upcoming years. Doing great Div!

      -Lanny

  4. Good stuff my man! Even with the exclusion of one stock you still managed to beat PY so that is awesome.

    This will be my first real year of investing because I have a paycheck so only $15 in January but I bought some stocks after ex dividend so it should be higher! Looking forward to March that will be my first big month even though most of my income will be in my Roth 401k as I just finished maxing 2016 in 2 months:).

    Back to a 9 hour workday on Sunday, got to love busy season 🙂

    • Stefan –

      Exactly, if you move that back, then I have some decent growth for sure. DAYUM! Maximizing in 2 months… HOLY SH…. incredible, can’t wait to see what March brings to you. haha.. busy season… yes… only a few more weeks, keep your eyes on the light.

      -Lanny

    • FinTech –

      Thanks, much appreciated! Trying to have growth year over year, January wasn’t the best proof in the pudding, thanks to Kraft, but will make up for it going forward, that’s for sure.

      -Lanny

    • Doug –

      Yep, it’s still an increase. With KHC being in that month, would have been approximately a 6.5% increase, more palatable : ) But February and onward should see some solid GAINS going forward!!

      -Lanny

  5. An increase is an increase. Mine was 2.8% year over year growth. Whatever the reasons, it’s all good as long as our annual totals really blow it out of the water. As you noted, dividend investing, “I love it!” Thanks for sharing these results. Before you know it we’ll be reading Feb’s results.

  6. Always nice to get reinforcement of the dividend growth strategy with some raises. I just sold NSC to buy CVS, but that was just a valuation/diversification call, I still think NSC is a great company. Jealous about the Pepsi dividend – I would like to get it, but never seems to get to a price I want to pay. I may just have to hold my nose and pay up for it at some point.

    • Dining –

      Thanks for the post. mad – for some reason, it won’t let me post comments on your site from my house, not sure what my internet is doing? Hey ,if you didn’t like your diversification and the valuation, then all is good! Especially because CVS has made some great progress + are in Target stores – get the double bonus. Pepsi has been a frustrating one, because I as well would like to buy more : ) I am sure there will be some shaking going on to create some value at some point!

      -Lanny

  7. PM just reported a great 4th quarter, I’m optimistic that their next raise is much better than the 2 cent raises we’ve been getting. I think you’ll cross that $100/quarter barrier in January with this great stock.

  8. Looks like a great month Lanny. Nearly $400 in dividends is awesome. Wow I completely missed this NSC dividend increase time to go check out the details and see what it did to my income. Fantastic news for this Sunday evening.

    • JC –

      Yep! I know in your summary you usually have those types of items listed, should go back and update! They were sneaky, but I am okay with these types of surprises, always. Hey – I’m open to more of them, right? haha

      -Lanny

  9. Is it great that you had dividend growth even though this month you had 2 hiccups. That is why I like having a bunch of dividend stocks. That way my different companies can cover each other in case their are changes. Thank you for sharing.

    • Monkey –

      Exactly – owning other high quality companies definitely offsets when things change/are impacted. This was a great example, as they stepped up with increases from last year + DRIP and are producing more income to cover any form of timing issue! It’s great, a team environment haha.

      -Lanny

  10. Hi Lanny,
    Woot! Nearly $400 income in an off-month – love it!
    Congrats on a great month and looking forward to seeing your February results. With such great results, I hardly need to say “keep it up” as the results provide their own motivation 🙂
    Best wishes,
    -DL

    • DLIFE –

      Thanks for the comment DL! I do appreciate it and I think March will be the fun one for us to see if the results provide some motivation : ) I just keep thinking.. each dollar, is so damn important it is wild. I love the pain and the hustle, need to keep going. Keep it up yourself, let’s make it happen.

      -Lanny

    • BHL –

      Another month down and trying to knock out this month now, looking to make a move at some point, but have seen quite a bit of green lately, ugh. Come on!! It’s okay though, I have to make the best use of capital each and every month, so we’ll see what I do. It may even be paying down some other debts if I’m 2-3 weeks with no move making. Stay tuned!

      -Lanny

  11. Lanny,
    Good way to start off the year, though I feel KHC is playing games a little bit on this move trying to beat any future tax code changes… That being said CM is also in my portfolio. Those guys have been dynamite, considering they have made like 10 – 2.5% dividend increases in the last 3 years. It seems small, but that adds up fast.
    – Gremlin

  12. Solid month! Looks like you did just about everything. The less growth this month just means the more growth in the future months, especially with KHC changing to pay in a different month. Thanks for sharing.

    • Save Splurge Deny Debt –

      It is fun, what’s more fun though is receiving div increases : ) T. Rowe Price just announced there’s at almost 6%. Now that’s what’s fun! Keep building and keep going Cameron.

      -Lanny

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