Lanny’s January Dividend Income Summary

Hello everyone!  It’s the first month of 2015 and it was a fruitful month to begin the new year!  It’s wild to see that one month has essentially finished and another month of dividend income is in the books.  I know we all love to read these posts from the writers in the community, so let’s get to the January Dividend Income Summary!

dividend income

Dividend Income

This month, I received a total of $278.32!  Wow… what a great way to kick off the year.  I am excited, as I mentioned in my monthly income & expense summary post, I will be using my dividend income & savings as part of my equation, as I had never considered this before.

Jan Income

Similarly, I have split out between the individual stock amounts and the retirement accounts, as the ” – R” indicates a Roth IRA dividend.  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 total of $27.26 or 9.80% of my income from retirement accounts and the other 90.20% was from my individual taxable account portfolio.  To see my portfolio – one can go to our portfolio summary page.

Comparison

Now, I look back at 2014 January’s total.  The total back then was $179.61.  Earning $278.32 this month equates to an 55% increase!  I will rephrase that, this month of January 2015 I earned 55% more money from dividend income stocks than I did last year.  Insanely amazing and I know it wasn’t easy to get to this point.  Even 2 years ago my income was $88.47, each year that passes and each year the grunt work goes in – saving 60% of your income, using the dividend stock screener and the importance of the dividend growth rate are all playing a major factor here.

Dividend Income Increases

This month had a few dividend increase announcements.  (1) Realty Income (O) has increased their dividend 2.95% from $0.183417 to $0.189, which increased my dividend projection by $4.58, not much but still something additional I didn’t have to do and O typically increases a few times during the year.  Further, (2) Kinder Morgan (KMI) increased their dividend 1 cent from $0.44 to $0.45 or 2.27%, which more than likely won’t be their last time this year, as their goal was to get to $2.00 in annual dividends.  This increase added $2.55 to my overall projected dividend income.  I was pulling for announcements from Tupperware (TUP), but they are hard nosed on their 50% payout ratio based on trailing 12 months EPS, so a strong quarter for Q1 is a must, LETS GO TUP!!!  I was excited as I recently purchased them earlier on this year.

Conclusion & Summary

Okay, wow, one month down, and one month of busy season down.  I am sitting a projected Dividend Income (as I’ve received February dividends already that were reinvested) at $5,230.40 going forward, which is still 22.51% away from my goal of $6,750 at 12/31/15 projected going forward.  It’s been another positive month in comparison to last year and February has already started off to a roaring start, which I assume will also crush last year’s total.  If I’m not destroying my last year totals, then what is my portfolio doing?  It could only mean a change of months of dividend payment or no payment at all – aka my strategy wouldn’t be working.  I am pumped to see the fruit being grown from the labor over the years and I know each month continues to fuel the train to the finish life of financial freedom.

With that being said – How did your last month finish off?  Satisfied?  Did you hit targets you set for yourself?  Are you ready for winter to be over already?  As always – thanks for stopping by and I am excited to hear from everyone!

-Lanny

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20 thoughts on “Lanny’s January Dividend Income Summary

  1. Lanny,

    Who doesn’t like a 55% increase from last year? Great job! Yet another one of us showing that the growth aspect of dividends coupled with a high savings rate amounts to incredible results over time.

    Keep it up,
    NMW

    • NWM,

      I appreciate the words of wisdom, trying to show that this is a great method/avenue to build an income stream and watching it grow via 3 methods: reinvestment, growth and continual savings to purchase more investments. Loving it!

      -Lanny

  2. A 55% increase is fantastic. Can I ask what the increase on the capital base looked like? Do you take your dividends as income, or do you reinvest them?

    • Marie,

      Thank you for stopping by and I love the questions. I actually reinvest the dividends at the moment, to simplify things for me. The increase in capital base has to be approximately $40-$45K from this time last year, hands down. I had an article on my portfolio review and assessment in the beginning of January that broke down how much I contributed to my portfolios this year aka that had a huge impact this year, obviously. Anything else, let me know!

      -Lanny

    • RM2R,

      Thank you, can’t believe that month is over, January is always the quickest when you’re an accountant, I hope February I can feel more of my days, you know?

      Thanks Roadmap, your words are inspiring and it keeps me going, truly appreciate it.

      -Lanny

    • FFF,

      Thank you, love that it pumps you up! You getting pumped up, pumps me up, maybe I’ll buy some more stock tomorrow?

      Need to keep doing unthinkable things to achieve what others think are unthinkable results, does that make sense? If not, I’ll say this – Lets keep this ball going, keep it up!

      -Lanny

  3. Lanny,

    Excellent result and big increase from 2014. This year is already off to an excellent start for you, bud.

    And it didn’t even take you that long to get to this level of passive income, showing the power of living below your means and consistently investing that excess capital in high-quality businesses that pay growing dividends. Imagine what another five years will do. 🙂

    Best regards.

    • Mantra,

      Thanks for stopping by. It has been a nice increase from last year, and I should see a decent increase going forward for each month in comparison.

      You said it – saving and living a very good life without buying the nicest car on the lot, the $250 pairs of shoes and the going out to eat for every meal – goes a long way. The power of saving and investing consistently is something that for us – appears very normal and easy, but the cringe happens when I see others constantly wanting new things.

      Thank you again DM, 5 years seems a long ways, but the last 2-3 years has gone by in the blink of an eye… talk soon!

      -Lanny

  4. Great job on the YOY increase! A very nice start to the new year as well! If only more people would wake up and realize they are their own worst enemies, they too would sing the praises of DGI. Oh well, you keep on moving forward and grabbing a bigger piece of the pie. Hope the rest of the year goes even better.

    – HMB

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