January 2016 Dividend Income
The first month of the new year is officially in the books and it is that time again to report my monthly dividend income. The reason why I truly love dividend income is for its simplicity of generating passive income from the top businesses around the world. These are same type businesses that reward their shareholders with annual dividend raises, simply just for being a part owner in the company. What is better than that? Lets see, I get to receive regular payment in the form of dividends and continue to keep and grow my assets. Winning!
I enjoy publishing these monthly dividend income reports as I have gained a much better understanding in how much of my passive income is coming in every month and how much it is growing over time. For the month of January, I have received a total of 10 diversified direct deposits in the form of dividends straight to my brokerage account. Here it is!
- Baxalta, Inc. (BXLT) – $1.61
- Baxter International, Inc. (BAX) – $2.65
- Reynolds American, Inc. (RAI) – $5.76
- Wall-Mart Stores, Inc. (WMT) – $7.84
- Kimberly-Clark Corp. (KMB) – $8.87
- PepsiCo, Inc. (PEP) – $19.04
- Phillip Morris International, Inc. (PM) – $56.97
- Realty Income Corp. (O) – $9.24
- Digital Realty Trust, Inc. (DLR) – $34.00
- The Buckle, Inc. (BKE) – $37.50 ($30 Special Dividend)
Total – $183.48
When statistically comparing last years dividend income total from January 2015 to January 2016, it represents a positive 37.6% for a year over year increased growth. The growth difference from last quarter is positive 95.2% quarter over quarter increased growth. Some new names this payout quarter included recently acquired WMT and BKE. Plus BKE payed a sweet one time special dividend on top of the regular dividend, which really boosted the YoY and QoQ performance.
The dividend income page is updated accordingly.
Thank you for reading & have a great day!
Awesome month! As others mentioned, I think you are the first I’ve seen with BKE, so thanks for sharing it with us. January is kinda a slow month for dividend payers, but you still racked up a nice payout! I look forward to seeing what February churns out.
Thanks. BKE has been an interesting play and so far it has been paying off. We will see how it does in the long run. Stay tuned, I am looking to crush my monthly personal dividend payout records this year and every year then after. 🙂
Take care.
Awesome progress DV. Keep it up. It’s life changing receiving passive income every month. Money that requires minimal effort. Money that is created while we are sleeping. Just wonderful. We definitely need more of it. Thanks for sharing and keep up the Hustle. Cheers bud.
I am much grateful receiving it. It might not be much now, but everything needs to start somewhere. It really is life when you know how the money can work for you. All is left is time to compound and keep on stacking them dollars. Lets keep it up and we will all be better off.
Cheers!
Solid year over year results and in one word as you described collecting dividends, “Winning!” Interesting to see BKE on the list. It’s not a typical name you see among many of the DGI bloggers. Thanks for sharing and look forward to more updates.
Absolutely, the YoY growth is definitely nice and even better QoQ growth, though most of that growth was due to BKE special dividend. BKE is not a regular consistent dividend player, but I do enjoy guaranteed spacial dividends from the company on annual basis. That right there is going to return me around 6% in just dividend income per year. Plus, they have built a good track record for paying these dividend on annual basis, so lets hope the train continues.
The pleasure is all mine!
DV,
I’m jealous of your progress! These are some nice gains that you’ve had over even the previous year’s gains. I had a question though – are you planning on increasing your stake in Walmart while it’s at such a discounted rate? I put a bunch in my portfolio when it was pretty much at it’s floor but I see that a lot of other people are pretty lean on it even though it is currently still a great bargain.
-DM
No need to be, your are on the right path. Just stay with is and keep on paying yourself first by investing in dividend growing businesses.
As far as WMT goes, I don’t see the the stock very compelling at this time. Maybe if it drops some more, but for the time being, I don’t see myself adding any more to the stake.
Take care.
Solid progress DV! Great quarterly and annual increases and almost $200 in dividends is an excellent start to the new year. All the best!
Thanks, it is slowly gaining momentum and even a few hundred bucks will boost that momentum to further heights. Slow and steady baby. Hope you are off to a great start for the year yourself.
Good hearing from you.