Dividend Income Update – January 2015

Its time for me to post dividend income received in my portfolios: DRIP, HID1, HID2, & RothI enjoy sharing them as these passive dividend income provides me great inspiration and encouragement to keep chugging along and hopefully to the readers.

Wow, I almost came close to scoring triple hundred in passive dividend Income: $294.36 to be precise, this is the highest ever received amount in a single month. My January dividend income was more than 29.07% compared to last year’s January. That’s awesome. It only shows the power of Dividend Income engine. I’m that much closer to being Financially Independent (FI) and living a life that I want to live, be independent and not have to rely on someone else. That’s a powerful motivation in itself!

Passive Dividend Income – January 2015

1. Dividend Re-Investment Plan Portfolio (DRIP) 
Altria Group, Inc. (MO): $28.55
Glaxo SmithKline Plc. (GSK): $23.11
Kimberly-Clark Corp. (KMB): $15.37
Phillip Morris Intl, Inc (PM): $20.87
TheWal-Mart Stores (WMT): $13.27

2. High Dividend Income Growth Portfolio 1 (HID1)
American Capital Agency (AGNC): $11.00
General Electric (GE): $5.75
Altria Group, Inc. (MO): $17.16
Annaly Capital Mgmt (NLY): $30.00
Realty Income Corp (O): $9.17
Prospect Capital (PSEC): $11.06
Pimco Corp & Opportunity (PTY): $77.98

3High Dividend Income Growth Portfolio 2 (HID2)
Altria Group, Inc. (MO): $13.63

4. Roth IRA
Reynolds American Inc. (RAI): $12.06
Vanguard Natural Res LLC (VNR): $7.35

Total Passive Dividend Income: $294.36

I want to own securities of Blue chip Aristocrats (companies with 25+ yrs of growing earnings) and Dividend Champions. Once the earned passive dividend income covers all my expenses, I will own my time as well and truly free from 9 to 5 tread mill.

I’d setup a goal of earning $3500.00 in total passive dividend income this year and so far have received $296.36 which is 8.46% of target for this year. My dividend income was little inflated due to once a year distribution of $64.98 by PTY and so, we will see whether next few months pan out as fantastic as this month!

Thanks for reading.

How did your Dividend Income come along this month of January? Any major milestone achieved.

22 thoughts on “Dividend Income Update – January 2015

  1. Great start to the year PIM! The big MO seems to be your most loved company… its in 3 different portfolios and I can’t say I blame you. That stock has been a winner forever. I look forward to seeing your monthly progress. Congrats on setting a new record for your account! Keep it up

    1. Hi ADD,

      Yeah. The year 2015 started with a bang and glad to have it. However, my Feb’s have been slow in past and so, we will see how Feb turns out.

      I started buying MO when it was in $25-30 range and sported a good dividend yields, however, I’ve not bought it in a while as it has moved up a lot.I believe that many other stocks are better buys and I’ve been looking at other stocks like JNJ, PM, O, SO, COP and GE. Appreciate the kind wishes.

      Thanks for stopping by!

  2. This is a fantastic start to 2015. January is traditionally a light dividend paying month. i look forward to seeing your monthly numbers in higher paying months. Best of investing luck this year.

    1. Hi DD,

      Agreed. I’m happy to book a big bang month with close to $300 in passive dividend income that I do not have to work for. Appreciate the nice words and Good luck for a fantastic 2015 year to you as well!

      Thanks for stopping by!

  3. Great looking figured to say the least. We seem to be on similar paths for 2015. Happy to see many similar names paying you in January too. As you know I love reading these updates the most. These posts just show the proof in the dividend pudding of real increasing cash coming in. No way to fake that. Thanks for sharing.

    1. Hi DivHut,

      Glad to hear that we are on similar paths and are fellow shareholders, to our FI, lets have a great 2015 🙂 You are doing great over there as well.

      As I mentioned, this post is one of my favorite as it shows power of passive dividend investing and for everyone to see the progress in an open book way! Hope it provides inspiration for other budding investors as well.

      Thanks for support and stopping by!

  4. PIM!

    You beat me by about $20, not too shabby! Looks like you had a decent chunk taken out in an off month, I bet March will blow up better than expected, and you’ll have a strong february as well.

    Nice job again, talk soon!

    -Lanny

    1. Hi Lanny,

      Haha! I’m glad to receive close to $300 in passive dividend income, no doubt about that 🙂 My Feb’s are on lower side and we will see, keeping my fingers crossed!

      I’ve setup an ambitious goal of $3500 this year in passive dividend income and its really looking a lot daunting right now. I would need to put some heavy heft to work. Appreciate the kind words!

      Thanks for stopping by!

  5. Feels pretty good to be nearly a ‘several-hundredaire’, no? Pretty strong start to this year, with nice bit of diversification across all of your portfolios! Keep up the good work, the dividend increases are just around the corner!

    1. Hi W2R,

      Ha! That’s an excellent play: we are now multi-hundredaire in passive dividend income 🙂 Aren’t we all DGI bloggers happy to be falling into this category.

      2015 January was simply fantastic and months like these can put me closer to my target of $3500 in passive dividend income for this year.

      Thanks for stopping by!

  6. Passive Income Mavericks,

    Congrats on the dividend income and the yoy increase of almost 30%. It is great to receive income from companies on a quarterly or monthly basis without doing much work besides the initial research to start a position. With interest rates going lower now (my high interest savings account drop from 1.30% to 1.05%), dividend investing is proving more and more a superior strategy. I might have to buy a bond etf to get interest higher than 3% if the bond etf does not fluctuate enough in price.

    1. Hi Investing Pursuits,

      Could not agree more! Feel blessed to be getting dividends on a monthly/quarterly basis and with interest rates so low, DGI investing strategy is appearing more and more appealing.

      I also own few bonds in my 401K account, however, I would like to grow my passive dividend income in taxable accounts, so that I can take them out dividends when they are able to cover all my expenses.

      Thanks for stopping by!

    1. Hi Cathy,

      My January dividends were the highest ever and glad to have received close to $300, however, we will see how Feb turns out. If I score even double hundred, that will be great. Appreciate the readership and kind words.

      Thanks for stopping by!

    1. Hi Evan,

      My passive dividend income was highest ever that I’m glad to have. Hope my next month can come to close to it, that will be really awesome. Appreciate the wishes.

      Thanks for stopping by!

    1. Hi Tawcan,

      Yeah. If I can continue like this month, I’ll smash my target for this year, but, I know my target of $3500 is challenging since, my Feb month has been historically not that strong as Jan or Mar, but, we will see. Appreciated much your kind words. It keep us going and hopefully it also provides some inspiration to readers out there 🙂

      You are doing great over there as well !

      Thanks for stopping by!

    1. Hi Nuno,

      That’s right, I’m glad to take 29% growth, no complaints there 😉

      I like to drip and also buy out-right securities that I want to hold. By dripping, you average out the prices over the investing horizon and not feel guilty for over-paying as it works out well in the end.

      Thanks for stopping by!

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