Dividend Income Update – Jan 2014

At the beginning of the month, I will be posting the dividend income earned from all of my 3 portfolios: DRIP, HID1 and HID2.

Dividends Income – January 2014 

DRIP:
KMB: $11.26
MO: $19.67
PM: $14.13
WMT: $8.10

HID1:
AGNC: $16.25
MO: $15.84
NLY: $15.00
PTY: $98.52

HID2:
MO: $12.00

Total Dividend: $210.77

Note that my Dividend Income was inflated in January due to one-time long-term and short term investment gain distributions in PTY. But, it only demonstrates the power of dividends that have a snow balling effect on income as more dividends let you buy more securities which in turn generate more passive dividend income. That’s the magic of dividend growth investing even if you begin with a small amount.

Full Disclosure: Long in all above mentioned securities.

Thanks for reading.

4 thoughts on “Dividend Income Update – Jan 2014

  1. Hi PIM,

    Even without PTY, you still had a great January, gotta love those dividends from big tobacco. 🙂 Long both MO and PM myself.

    Best wishes,

    SFZ

    1. Mr SFZ,

      Thanks for stopping by! Appreciate it.

      I am trying to diversify by adding securities in other sectors like healthcare and energy as well and hopefully, have a more diversified portfolio in time as I add more Dividend Aristocrats and Champions.

      Take care.

      1. Yeah same here PIM. I still don’t have any health care exposure yet and would like to add some sometime this year or next. I was thinking maybe BAX or BDX but still need to do more research on both names. I may also look into adding a REIT in that sector as well.

        1. Mr SFZ,

          I am considering several heathcare/biotech companies like BMY, AMGN (which looks overvalued right now), ABT, GSK and others. You are right, we have to do some more research.

          I like REITs and recently added Realty Income Corp (O) and considering few others. I try to avoid MLPs due to taxes although they have good dividends. But, Roth IRA may be a good option to hold these REITs.

          Thanks for stopping by! Good to hear from you.

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