Live Off Dividends

Passive Income and Personal Finance

Dividend Portfolio Update: January 2018

This will probably be my lowest month for dividends this year. I’m adjusting my investing strategy for 2018. I will be increasing my bi-weekly 457(b) contribution from $200 to $795. This will have a dramatic on this portfolio going forward. I won’t be contributing to this portfolio on a regular schedule for awhile. We’re in negotiations for a new contract at my job so when it’s all settled I will be able to contribute a set amount to this portfolio going forward. You can read the post detailing the reasoning behind this change here.

For those wondering how I make free trades and pay no commissions, I use Robinhood for my dividend portfolio. If you want to sign up, use my link and we’ll both receive a free stock valued up to $150!

These are all the companies that paid me dividends in January amounting to $101.19.

I received a whopping $0.09 from dividends in my Roth IRA this month. It’s almost twice as much as last January at least haha.

My dividends year over year in January increased from $35.58 to $101.19. This was a 184.40% increase year over year. That’s an insane increase.

I received a total of $1,578.94 from dividends in 2017. So far for 2018 I’m just at January’s total which is $101.19.

My total annual dividends increased this month from $1,485.59 to $1,569.22, while my average monthly dividends increased from $123.80 to $130.77. This was a 5.63% increase month to month.

This was a huge month to month increase for average monthly dividends. I wish the increases were this large every month.

For those of you reading this post wondering how to get started investing, I have written an ebook that outlines just that. It is called Investing In The Stock Market: The Complete Beginner’s Guide. You can check it out here, or click the picture below.

Purchases:

MO 10 shares at $70.46 for a total of $704.60. 1/3/18

ADM 8 shares at $39.82 for a total of $318.56. 1/3/18

PEP 4 shares at $116.98 for a total of $467.92. 1/12/18

ADM 13 shares at $43.50 for a total of $565.50. 1/26/18

Sells:

No sells this month.

Contributions:

Total: $880.00

Dividend Increases/Decreases: 5 Increases

Realty Income increased their monthly dividend payout from $0.213 to $0.219 per share. This was a 2.82% increase and will earn me an extra $7.35 annually or $0.61/month.

3M increased their quarterly dividend payout from $1.175 to $1.36 per share. This was a 15.74% increase and will earn me an extra $1.00 annually or $0.08/monthly.

Cincinnati Financial increased their quarterly dividend payout from $0.50 to $0.53 per share. This was a 6.00% increase and will earn me an extra $2.52 annually or $0.21/monthly.

Air Product Chemicals increased their quarterly dividend payout from $0.95 to $1.10 per share. This was a 15.79% increase and will earn me an extra $6.60 annually or $0.55/monthly.

Mastercard increased their quarterly dividend payout from $0.22 to $0.25 per share. This was a 13.64% increase and will earn me an extra $0.36 annually or $0.03/monthly.

Together these increases total to $17.83 annually or $1.48/monthly with no additional capital invested.

This chart shows my average monthly increases from organic dividend growth (growth from companies increasing their dividend rather than growth from additional capital invested ). This was my best month to date with $1.48 in organic growth.

Rental Property: $650

I received $650 for rent in January. I raised the rent starting in February to $675/month so that will be a nice little boost for 2018.

I’m still behind 11 contributions to my dividend portfolio totaling $4,840 from when I was injured at the start of 2017. I also haven’t contributed anything to my Roth IRA for 2017 yet, so that’s another $5,500 that I need to come up with by April. I’m going to try to contribute $5,000 to this portfolio this year depending on when our contract gets finalized.

Here are all my other monthly Dividend Portfolio Updates if you want to catch up!

Leave a comment and let me know how January went for you! I look forward to hearing from all of you every month!

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3 Comments

  1. Hey John, great update nice dividend increases and some solid buys! Keep it coming!

    DI

  2. Hey John, great update nice dividend increases and some solid buys! Keep it coming!

    DI

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