January 2018 Dividend Income

My first dividend earnings for 2018! I think I am going to stop calling this my “off” month. I say this because in truth it was a very active and exciting month for my financial world. In the first two weeks of the year I made three purchases and one sale. I sold UHT (for a profit of $3,565.16) which added $12,000 to my purchasing power in addition to my normal savings. I bought 188 shares of O, 58 shares of ED, and 21 shares of SO. All that activity gave me a net dividend gain of $201.20 in forward annual dividend income. For this month I received $380.90 in dividends from 3 companies.

 

Medical Properties Trust (MPW) – $216.00

Starwood Property Trust (STWD) – $103.20

GlaxoSmithKline (GSK) – $61.70

January 2018 Dividend Income Total: $380.90

 

For the first time ever, I am happy to be able to post my year over year percentage increase! The month of January 2018 saw a 4.34% increase from the same month last year ($365.05). I am happy to see an increase. This is the month set where I receive the least amount of dividend income from the least amount of stocks. These are the same three stocks that I owned last year. The dividend growth is just from companies increasing their dividends over the last 12 months.

This month includes GSK’s fluctuating dividend that differs each quarter, so the numbers could go higher or lower depending on what GSK does this year. This was especially true since I only had three dividend paying stocks this month set. But since I have purchased 188 share of O in early January, this fourth stock will add to my dividends for this month set. Having O would also better shield against GSK’s variable dividend should it decrease. I will start receiving dividends from O starting the month of February.

Another great aspect of this month can be summed up in two words: Dividend Increases! OHI raise their dividend to $0.66 per share which bumped up my dividend income from $904.80 to $918.72. That is a $13.92 gain in dividends. SRLP has now become the top dividend producer in my portfolio. SRLP has raised its dividend for the 15th consecutive quarter to $0.6375 per share (an increase of 10% from last year). This increased my dividends from $1,431.75 to $1,466.25 representing gain of $34.50 in dividend income. Thank you SRLP!

Next there was my new stock ED, which raise its dividend to $0.715 per share. This increased my dividend income from $160.08 to $165.88 for a gain of $5.80. And finally, my other newly purchased stock O also raised its dividend to $0.219 per share. This increased my dividends from $479.40 to $494.06 giving me a gain of $14.66 in dividends. Yes, I would call this a great month!

Altogether, the aggregate amount of dividend increases from those 4 companies added a total of $68.88 to my forward annual dividend income! My portfolio now stands to generate $8,548.33 in dividend income over the next 12 months. From restructuring my portfolio a bit to dividend increases, this has been quite an exciting month. So how was the first month of 2018 for the rest of you?

23 Comments

  1. Norwegian guy

    You are getting some great dividend income! I don’t own a lot of dividend payers. Mostly indexfunds and some growth stocks. My rental property pays me after expenses and tax aprox 900 $ pr month according to the currency calculator. In the future i will probably focus on growing my dividend income, but here in Norway we pay less tax on rental income than dividends. 23% vs 31% . Also, a lot of norwegian companies don’t pay dividends in a steady pace like us companies do so it’s not that popular strategy over here.

    Keep up the good work 🙂

    Reply
    1. My Dividend Dynasty (Post author)

      Thanks Norwegian Guy! You still make some great income from rentals. It seems like a good decision tax-wise to keep the most of your money. 🙂

      Reply
  2. Tom @ Dividends Diversify

    Great job double D. Glad January was a good month. Keep the cash rolling in. Tom

    Reply
    1. My Dividend Dynasty (Post author)

      Thanks Tom! 😀

      Reply
  3. dividendgeek

    Congrats! on an awesome month.

    Reply
    1. My Dividend Dynasty (Post author)

      Thanks Dividend Geek! 😀

      Reply
  4. Dividend Diplomats

    MDD –

    Congrats on the stellar income, solid increase and dividend raises received. That’s what dividend investing is all about!

    -Lanny

    Reply
    1. My Dividend Dynasty (Post author)

      Hi Lanny! I agree 110% witth you! Thanks for stopping by! 🙂

      Reply
  5. Doug

    Good job. Man you gonna kill it with those other dividends. Being able to tell YOY is a nice feeling. Keep it up

    Reply
    1. My Dividend Dynasty (Post author)

      Hi Doug! Yeah, it was a great feeling to see my YOY growth rate. Thanks for your comment! 🙂

      Reply
  6. Mr. Robot

    That is definitely an awesome month. Amazing amount of capital that you deployed, nearly double of my current portfolio worth 🙂

    Reply
    1. My Dividend Dynasty (Post author)

      Hi Mr. Robot! Yeah it sure was a whirlwind of a month in my financial world. Thanks for stopping by! 🙂

      Reply
  7. Dividend Portfolio

    Congrats Dynasty. Even in an off month, you still posted impressive dividend income. It’s great you’re finally able to track the YoY growth. I’ll be able to do that in April. But I also love that you benefited from several companies that raised their dividends as well, which is one of the beautiful things of dividend growth investing.

    Reply
    1. My Dividend Dynasty (Post author)

      Thanks DP! Yeah being able to track my YOY growth is great. The dividend increases where the icing on the cake. 🙂

      Reply
  8. Stashing Dutchman

    That’s some really nice dividend income for January, gratz! Dividend GROWTH investing at work. Keep the snowball rolling

    Reply
    1. My Dividend Dynasty (Post author)

      Hi Stashing Dutchman! Yes! The snowball is rolling and getting biggger! Thanks for stopping by! 😀

      Reply
  9. Dividend Driven

    Congrats on the new purchases and a solid January for dividend income. You gotta love the dividend increases. Can’t wait to see what you bring in next January!

    Reply
    1. My Dividend Dynasty (Post author)

      Thanks Dividend Driven! Dividend increases sure are great. Net January should be even better! 🙂

      Reply
  10. Rob @ Passivecanadianincome

    Sweet dynasty. Great moves overall. Massive buy of o and the other good companies. Nice increases to your forward dividends and income overall.

    Keep it up!

    Reply
    1. My Dividend Dynasty (Post author)

      Thanks PCI! 🙂

      Reply
  11. Fully Franked Finance

    Nice start to the year! First month of the year is very quiet here in Australia – waiting until March for my first dividends..

    Nearly $10k of passive dividend income is awesome – hope the dividend raises keep coming!

    Reply
  12. My Dividend Dynasty (Post author)

    Thanks FFF! I can’t wait until I reach the 10k mark. Five digit dividend income would be awesome! Maybe in the next few years. Thanks for stopping by! 🙂

    Reply
  13. Dividend Daze

    Nice increase over last year. Happy to see you making so many buys as well. That will help a lot going forward. Thanks for sharing.

    Reply

Leave a Comment

Your email address will not be published. Required fields are marked *