January 2019 Dividends
Greetings all,
Thanks again for stopping by to another update. We are in 2019, and a dividend income update for the first month of the new year is long overdue.
Let's get to it!
Dividend Summary
Transactions
January was a relatively quiet month when it comes to transactions. Actually it would have to be the quietest, as there were no transactions! You can't get any less than zero.
The focus is still saving up for a house down payment, so that limits the funds to make new buys. In the near future, there may be sells to free up additional money, but I'll cross that bridge when we come to it.
But back to the task at hand, let's look at dividend history (adding a new column for 2019!)...
Dividend Income History
...and in graphical form:
So, looking at the January dividend income, it is rather modest in comparison to recent months. On the other hand, it is a month that typically yields lower incomes than the other months. Let's take a specific look in the past year and the past quarter.
Past Quarter and Year Comparison
In the previous quarter (October 2018), the income was significantly higher at $133.64. In looking at the individual companies that paid out dividends, the reason for the discrepancy is due to companies that usually paid out the latter part of the previous month, being a bit late and they paid out in early October. In the case of January 2019, these companies actually made their payments by the end of December 2018, so January did not get that "bump up" in income. Hence, you have the -27.33% when comparing January 2019 to October 2018.
The comparison to the previous year (January 2018) paints a different story. There is a significant increase of 34.24% as income went from $72.34 to $97.11. I was able to add to some positions over the past year which helped to increase the payouts. This is historically my lowest paying month over the course of each year, so it is good to make such a nice leap since January of 2018.
In Conclusion
Although it is usually my lowest paying month in comparison with other months for a particular year, it is encouraging to see a significant increase over the past year. I am hopeful that the house search can complete, so I can get back to contributing to my brokerage accounts again to grow my dividend income.
Thanks again for stopping by, how was your January? Let me know below in the comments!
Thanks again for stopping by to another update. We are in 2019, and a dividend income update for the first month of the new year is long overdue.
Let's get to it!
Dividend Summary
Transactions
January was a relatively quiet month when it comes to transactions. Actually it would have to be the quietest, as there were no transactions! You can't get any less than zero.
The focus is still saving up for a house down payment, so that limits the funds to make new buys. In the near future, there may be sells to free up additional money, but I'll cross that bridge when we come to it.
But back to the task at hand, let's look at dividend history (adding a new column for 2019!)...
Dividend Income History
...and in graphical form:
So, looking at the January dividend income, it is rather modest in comparison to recent months. On the other hand, it is a month that typically yields lower incomes than the other months. Let's take a specific look in the past year and the past quarter.
Past Quarter and Year Comparison
In the previous quarter (October 2018), the income was significantly higher at $133.64. In looking at the individual companies that paid out dividends, the reason for the discrepancy is due to companies that usually paid out the latter part of the previous month, being a bit late and they paid out in early October. In the case of January 2019, these companies actually made their payments by the end of December 2018, so January did not get that "bump up" in income. Hence, you have the -27.33% when comparing January 2019 to October 2018.
The comparison to the previous year (January 2018) paints a different story. There is a significant increase of 34.24% as income went from $72.34 to $97.11. I was able to add to some positions over the past year which helped to increase the payouts. This is historically my lowest paying month over the course of each year, so it is good to make such a nice leap since January of 2018.
In Conclusion
Although it is usually my lowest paying month in comparison with other months for a particular year, it is encouraging to see a significant increase over the past year. I am hopeful that the house search can complete, so I can get back to contributing to my brokerage accounts again to grow my dividend income.
Thanks again for stopping by, how was your January? Let me know below in the comments!
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