Dividend Income Update January 2017

The beginning of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. No doubt, these are the best posts to write and read online as it only provides further proof that dividend investing can work over time and that anyone can create an ever growing passive income stream. Looking back at my January totals I see that my year over year improvement has been modest at best. Of course, this wasn’t because of any investing mistakes that were made on my part, rather several external factors beyond my control that affected the January totals.

Let’s start with The Kraft Heinz Company (KHC) deciding to pay me in December instead of January which threw off my income a bit in my taxable and ROTH account. Then, the Johnson Controls International (JCI) merger with Tyco International plc (TYC) last year which resulted in the Adient (ADNT) spin off and cash deposited into my account, reduced my total share count of JCI which led to a smaller dividend payment from them this month. Should any of this concern me? Not really. As long as those dividend payments keep coming in, it doesn’t matter which month they arrive and the reduced JCI share count was made up with the ADNT spin-off hitting my account. In the end, I was still able to put up year over year gains which just goes to show the overall power of having a diversified, dividend growth portfolio. Even when external factors are in play you can still mount year over year growth.

With that being said, let’s take a look back at my January 2017 dividend income.

Dividend income from my taxable account totaled $206.97 down from $217.84 a decrease of -5.0% from January of last year.

Dividend income from my ROTH account totaled $121.29 up from $113.37 an increase of 7.0% from this time last year.

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Disclosure: Long all above.

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