Well, let’s start right away with my dividend numbers for the first month of 2019. As they say “the first blow is half the battle”. I read about other dividend investors’ tremendous progress in dividend numbers YoY and QoQ. The first month of each quarter has always been a strong month for me in terms of absolute numbers, but also percentage-wise. During the market correction in December I bought many stocks. Let’s see if these transactions added somy dollars to my dividend income in January.
My dividend income for 2019/01 was $216.63. In this month I got several raises as compared to the dividend payment three months ago. Walt Disney (DIS) paid me a small amount more for every share than last quarter, $0.88 which means a $0.04 raise. This is a 4.8% increase from the prior dividend. This month also included an increased dividend from Ventas (VTR) – $0.793 instead of $0.79 for every share I own. This is a 0.3% increase. January included my first dividend income from Illinois Tool Works (ITW). Also Kimco Realty (KIM) and Altria (MO) paid me more YoY and QoQ because of my additional buys during the month of December. The dividend of PepsiCo was paid in January instead of December, so that’s a bit of a cheat ☺️. This sums up to:
Bank of Nova Scotia (BNS) – $28.82
Walt Disney (DIS) – $4.40
Illinois Tool Works (ITW) – $6.00
Kimco Realty (KIM) – $70.00
Altria (MO) – $52.00
Realty Income (O) – $3.76
PepsiCo (PEP) – $8.35
Philip Morris (PM) – $6.84
Ventas (VTR) – $36.46
This makes the total amount of dividend income for this month a nice $216.63. My dividend income for the month of October 2018 was $166.05 so that’s an increase of a nice 30% QoQ. My passive income for the month of January in 2018 was $76.33 so that’s an increase of 184% YoY. Wow, that’s quite a growth rate! Here is the graph, look how beautifully the income numbers rise YoY for January:
Transactions during January
I sold my full stake in Celgene for a price of $87.05 after the acquisition offer of Bristol-Myers. With that money I bought a nice bunch of dividend stocks which were still attactively priced after the market correction in December. I added to still relatively small positions and in all cases below my average buy price. So my yield on cost got a nice boost. Here’s what I bought:
Up until the last moment I hesitated between Abbvie (ABBV) and CVS Caremark (CVS). I decided to buy CVS because I let many opportunities go by in the past to buy this company at a much lower price than my first relatively small buy. My stake in the tobacco industry has risen nicely with my buys in December and January. The yields are on the high side so this promises a lot for the upcoming months in 2019. The numbers for January are staggering. It’s very cool to see this snowball effect getting bigger and bigger every month, quarter and year. What an amazing investing strategy this is.