Lanny’s January Dividend Income

YES!  January of 2016 is already in the books.  Can you believe it?  Already one month down and here we are, getting started with the first monthly dividend income post for the new year.  I am pumped.  Why?  Because this is the first month to see what rewards were benefited from the 2015 work, and is also the first month to start tracking the yearly progress.  January was a crazy month in the stock market, but we like crazy, right?  You betcha.  Without further a-do, let’s check out the January Dividend Income Total!

dividend income

Dividend income

This month, I received a total of $377.97… I cannot believe this.  $377.97 in one single month from 12 wonderful companies paying me, it’s truly a blessing and a phenomenon.  But then again, we all work hard to deploy the capital and the research involved with each individual purchase.  Thank you companies for paying a dividend!

january dividend income

As you can see above, my big wallop comes from Philip Morris (PM)… whom I had to “cure” a cigarette problem earlier in 2015, but then they came towards the 3rd quarter and increased their dividend by a small amount even though they are a huge company.  2016 should be a better year for the increase!

Similarly, I have split out between the individual stock amounts and the retirement accounts, as the ” – R” indicates a Roth IRA 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 huge total of $30.14 or 8% of my income from retirement accounts and the other 92% was from my individual taxable account portfolio.  We all know my set it and forget it mentality to keep that retirement income going, but also pumped to see that I had 10 companies pay me in my taxable individual account.  To see my portfolio – one can go to our portfolio summary page.

Comparison

Something that I’ll do different this year is attach in prior year’s dividend income, which the image is copied in below, with 2015 on the left and 2016 on the right.

january dividend income

Whoa whoa whoa.  First off, I had 10 total companies in January of 2015’s income summary and I had 12 total in this year’s post.  Always a plus here.  What’s funny is that each company has paid me more except for my international companies in Glaxo Smith (GSK) and TOTAL (TOT) – pharm and oil.  However, I can proudly say that Kraft-Heinz (KHC), Canadian Imperial (CM), Philip Morris (PM), Pepsi (PEP), Chimera Investment (CIM), National Grid (NGG) – all paid more than prior year, as well as the two stocks in my individual retirement account of Medical Properties Trust (MPW) and one of or favorites – Realty Income (O).  Most of these companies had higher dividend amounts through reinvestment and increases, some were due to additional purchases, such as Philip Morris and Canadian Imperial.  Total income growth year over year stood at $99.65 or 37.80% — not bad, eh?  I’m enjoying this!

Dividend income increases

One of my other favorite areas, as this is a big reason why we are dividend income investors!  Let’s see the summary of activity below, worth noting:

January dividend increases

Okay, so not as big as December 2015’s increases, but still managed two have 2 significant increases during this past month.  Realty Income (O), the monthly dividend company, continued a wonderful track record and actually had a more significant raise this quarter than in the past at 3.92%.  Thank you!!  Also, HCP, though small, had an increase this year of 1.77%, but they are also a fairly high yielder, I’ll take it.  What’s funny is that these two are both holdings in my Roth IRA account, therefore, this was a nice little boost there.

I would like to point out – with my purchase into ADM for the second time (trying to catch up to Bert as he made his additional purchase), as well as other 401K purchases, dividend increases and dividend reinvestment I was able to add $205 in additional income – which propels me towards my 2016 dividend income projected goal!  With $205 added out of the $1,500 additional to be added, this month ended up taking a huge dent out of that goal, a nice 13.67% to be exact, which more than trumps what I needed to do for the month.  Does my strategy of making larger investments actually work then in this manner?  We’ll see how that turns out the rest of the year, but feel damn good about it.  

Conclusion & Summary

As I discussed back then with my normal monthly expenditures at the moment, this $378 would cover 40% of my average $942 monthly expense for my house, including utilities.  This % is dramatically higher than last year.  All of the investing from last year and moves this year, show being frugal to save 60% of my income help me in achieving lofty goals that I set in place for my 2016 year.  What do you guys think of my month of January?  See anything off or something I should be on the look out for?  How did ya’ll do?  Always an exciting post to read from others.  Please share your insight and comments and thank YOU again for stopping by!

-Lanny

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33 thoughts on “Lanny’s January Dividend Income

  1. Awesome job Lanny! Almost $400 in a slower payment month is fantastic. Just imagine how much growth Jan 2017 will show. Keep up the good work.

    • Beginnerr,

      Thanks for coming by young one – very lucky to have had time on my side for quite a while – trust me – it’s the best law out there – compounding, without a doubt.

      REITs are a banger right now! What I like to look at when I reflect over this article is comparing to the past year’s similar month and seeing the work go into what we receive today. It’s amazing and you’re well on your way too.

      -Lanny

  2. Way to go Lanny! I’m just a tad bit behind you at $326 for the month. Your international companies is where you take over my income, but heck, for a slower month, over $300 for both of us is awesome! We bought about $4k this past month but $2k does not pay dividends. Just hoping UA becomes the next NKE and I’ll be sitting pretty!

    Keep up the great work my friend

    • ADD,

      Phew.. thank you – you’re right next to me, it’s awesome. Anything at this point is great – as long as we don’t receive any more dividend cuts, right? (come on KMI!!!)

      Kidding, Kidding – I think Under Armor (as I saw you purchased) does keep a nice streak going and they’ve had great performance thus far this year.

      Thanks again for coming by – keep kicking ass over there yourself.

      -Lanny

  3. Keep it up Lanny. Congrats on the income and thanks for sharing bud. You and Bert are on a wonderful path and I promise you, your future selves will appreciate the sacrifices of today. Keep hustling hard and enjoy this beautiful life. Cheers my friend.

    • Hustler,

      Man — leap years behind you sir!! Kidding – it’s inspiration and motivation, right? We are all on this path together – and it’s great. Man! This time of the year as public accountants though, has been brutal, wish I could be on here more.

      Keep it up and let’s get to taking advantage of nice buy opportunities.

      Always,

      Lanny

  4. Way to go Lanny. Gotta love receiving $378 in dividends in just one month without having to punch a clock or turn in a timecard. 🙂

    Btw, nice touch adding in your dividends from last year as a comparison. As a stat nerd, I love seeing the comparison.

    Best wishes and continued success!

    AFFJ

    • AFFJ,

      Thanks for coming by, as always, it’s a pleasure. What if there was another $0 at the end of that figure – then we would really be talking.

      Yeah – I love stats as well and I know that you’re all about tracking it – especially with your recent buy article – huge hit and is extremely fun to read – please keep doing it.

      Cheers to February this month!! Let’s keep that focus hat on!

      -Lanny

  5. Nice work Lanny! Already at 40% of your expenses eh, you are certainly going in the right direction!
    We are expecting monthly dividends in the same ball park (albeit a bit less), but due to the final payments arriving later this week, the final score for January is anticipated this weekend.
    Take Care!

    • Cheesy,

      Thank you again for coming by! You are killing it over there with essentially saving 50% of your income – HUGE metric in my mind. But yes – covering a nice portion in a slow month.

      I’m pumped to see your final tally – write it away and we’ll come out with our monthly article on it as well! Looking forward to reading and congrats to kicking butt.

      -Lanny

  6. Lanny,
    30% growth to start the year is awesome. O is probably my favorite stock. My only wish is that it can drop below 5% so I can buy some more. Great start to the year, really moving towards some serious FI.
    – Gremlin

    • Gremlin,

      Thank you for coming by – loving the “O” eh? I wish it would drop below $50 again… we can only hope right? They’ve had some serious dividend increases this year to boot as well – AKA NOT COMPLAINING!!!

      I see a few more increases that came – ADM announced this week a stellar 7% increase – loving it.

      Best of luck this month Grem – let’s keep making moves out there.

      -Lanny

  7. With a 30% increase year-over-year, you’ll be talking about some really serious money in the not-too-distant future. That would double your income about every 2.5 years.

    • Chris,

      Thanks for the post and encouragement! Talk about making money in your pajamas – $378 doing that isn’t too bad… can’t wait though to have consistent 4 digits coming in, right? Savvy and smart decisions from here on out from me – no brainer investments is the goal now.

      You’ll get and are getting that snow ball rolling – pumped for you to keep that rise going!

      -Lanny

  8. Nice to see the 30% YOY increase, that’s some serious work you’ve done there. The dividend covering 40% of your expenses is even more impressive. You’re on a roll, keep it up Lanny.

    • Tawcan,

      My man, what’s going on? Crazy how fast time is going.

      Some serious work, patience and time – those are 3 words that I think all of us know, wouldn’t you say?

      How’s the year going? excited to catch up on your blog as well. Thanks again for the post as always Tawcan!

      -Lanny

    • Viv,

      Loving the analogy! It’s been warm here in Cleveland, that’s for sure – even running outside IN SHORTs on Sunday, how about it?!

      Let’s keep it up, let’s keep it going and let’s stay motivated . NO choice but to do just that!

      -Lanny

    • Jason,

      What’s going on?! How are things going? Loving Florida still? Thinking another trip from me is in the pipeline – was in Bellaire beach in Mid-December – talk about peaceful.

      Thanks for the comment though, as always – the crew is missing you over here! Jason – I just am looking forward to the day that these dividends are covering substantially all of my living expenses, but time needs to continue to take a course.

      One day at a time at this game and we are playing it well – thanks again, talk soon!

      -Lanny

  9. Wow! What a difference a year makes. Great year over year results and awesome total for the start of the new year. Interesting to see TOT in your list. It’s an energy play not seen in many DGI portfolios. I have them on my watch list along with BP but not in my portfolio yet. Thanks for sharing and continue with the inspiration.

    • DivHut,

      Thanks for the post. I saw you had a fantastic month as well = big guy from PM coming in – always love seeing that DRIP in the portfolio. Think we will be over $500 this time next year?

      Congrats on the stellar year so far, 11 more months to go to make something happen – market has been something similar to the flu – up and down.

      -Lanny

  10. Not covering 40% of our expenses because your expenses are covered with after tax dollars, your dividend amounts listed are pre-tax amounts.

  11. Nice job Lanny $377 is a lot of money without having to do much at all..just roll down to the bank to pick up your cash..oh wait we don’t even need to do that any more.

    37% is a huge rise compared to last year, if you were a company with that raise you’d be really pleased with that too.

    Good start to the year, good luck for the other 11 months.

    Tristan

    • Tristan,

      Thank you, dearly. haha, too funny – the cash just is automatically electronically reinvested to own more shares producing more income – funny how that works in a blink of an eye right?

      I am excited about this being a very “clean” investment year. My two investments into ADM during December and January are already paying off as they increased 7%+ this year already for their dividend -along with capturing all 4 dividends this year due to timing of my investments. It’s funny, I’m trying to invest smarter into smarter/no brainer companies – feeling it will pay off.

      Best of luck to your next 11 months as well! Let’s keep at it.

      -Lanny

  12. Congrats on these results in January 2016! It looks like your picks have rewarded you well with nearly a 38% increase since Jan 2015. Looking forward to seeing how things go from here. Cheers

    • Niche —

      Thank you very much! It was a nice bump from prior year and I expect that type of growth for all of these “down” type months! All of the hard work in the prior year — finally paying off and seeing.

      Thanks again for coming by – best of luck on finishing off the month!

      -Lanny

    • R2R,

      Thank you over there! Loving the year and and am looking forward to just seeing the growth of this dividend income already. Finished off in January adding $205 forward in income and through reinvestment and increases this month – have added another $18 already! It’s wonderful! Thank you again for all of the kind words.

      -Lanny

  13. Hi Lanny ,
    Nice , almost $400 in passive income to start the year and close to 40% year over year those are great numbers . Hopefully the rest of the year will be even better. I am sure with your consistency to work hard and deploy cash you will certainly kill it. Thanks for sharing

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