January 2020 Dividends

Greetings all,

First off, let me wish everyone a Happy New Year! By the way, does anyone know the cutoff for when the year stop being "new"? This is a question I have for every new year, and nobody seems to have a good hard and fast rule.

But anyway, on to the matter at hand. With another month completing, it is time to review the previous month's tally on dividend income. Let's take a look:


January 2020 Dividend Summary
Taxable Accounts
CompanySymbolDateAmount
UGI CorpUGI1/2/2020$5.53
ProShares S&P 500 Dividend Aristocrats ETFNOBL1/2/2020$77.49
PepsiCorpPEP1/7/2020$35.34
Cardinal HealthCAH1/15/2020$12.99
Cisco SystemsCSCO1/22/2020$9.80
Bank OZKOZK1/24/2020$47.06
Taxable Accounts Total$188.21
Roth IRA Account
CompanySymbolDateAmount
Powershares QQQ TrustQQQ1/2/20$5.10
Kimberly-ClarkKMB1/6/20$9.75
Cardinal HealthCAH1/16/20$13.33
WP CareyWPC1/16/20$11.27
DisneyDIS1/17/20$9.96
Roth IRA Account Total$49.41
Overall Dividend Income Total$237.62
Forward 12-month Projected Dividend Income Total
$3,274.21


Now, let's recap my January transactions:

January 2020 Transactions
BuysQtySellsQty
CMI4N/AN/A
OZK24
WBA13

No sells, but quite a few buys, as I added to my positions of Cummins (CMI), Bank OZK (OZK), and Walgreens - Boots Alliance (WBA) in January. I found all these to be undervalued, so I felt good about adding to these positions. I am getting closer to my WBA and OZK positions taking up 5% of my portfolio for each, so pretty soon I'll be looking in other directions for my investment dollars.


Now let's take a look at the dividend history:

Dividend Income History

Month2014201520162017201820192020
January$14.38$14.42$70.45$72.34$97.11$237.62
February$49.07$50.38$112.01$190.55$178.07
March$50.22$52.16$182.28$232.83$231.81
April$10.83$27.91$64.56$78.40$70.34
May$46.52$59.42$132.14$162.41$187.18
June$6.69$47.51$90.97$198.86$259.18$195.35
July0$18.99$51.37$168.64$102.00$80.81
August$33.96$50.11$86.07$156.46$183.50$192.45
September$54.75$55.61$101.70$226.17$192.40$211.61
October$10.94$14.42$72.53$79.06$133.64$78.18
November$48.79$50.11$103.31$158.18$184.42$167.86
December$63.55$49.89$168.03$234.71$255.99$315.70


...and let's take a look at the graphical history:




It doesn't take long to notice that this was an at all-time high for January dividend income. It feels good to be finally making some real progress in growing dividend income after being on a bit of a plateau for a while, due to saving up for other major purchases.

The infusion of additional monies for investment mentioned in last month's update definitely have something to do with the significant larger income amount for January. Also, the fact that most of our major purchases are now out of the way, has cleared the runway to make significant contributions to the investment account once again.

Now, let's take a look at a measure of the dividend increase over the past quarter and year


Dividend Income Increase

%Chg Qtr%Chg Year
Jan 2020203.94%144.69%

As one can see in the above table, January was quite the boost in dividend income! This is in relation to the last quarter (+204%) as well as a year ago (+145%). It also is the first January in which my dividend income reached triple figures. It is great to see such momentum, and is energizing for continuing to increase dividend payouts for the rest of 2020 and beyond.

How was your first month of 2020, and how is your new year going so far?

Let me know in the comments below!










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