More Dividends Update From January 2018
Welcome back readers. It has been a very interesting time since my last update. There has been a lot of volatility in the markets which has led to some great buying opportunities. I made a couple of purchases during January so I was able to take advantage of some of those buying opportunities. This month also provided me with the chance to publish my highest number of articles during one month which I am very proud of. So all and all it has been a very interesting month. So let me break break the month down for you.
Additions
There were a couple of additions to my portfolio. I chose to strengthen a couple of positions and to start a new one.
Realty Income (O) – 10 shares – $24.09 to PADI
ExxonMobil (XOM) – 6 shares – $18.48 to PADI
Hormel (HRL) – 1 share – $00.75 to PADI
Dividends Received
The 1st month of the quarter is starting to see a little growth. Hopefully I will find some good investments that pay during the 1st month to help this growth even more.
Genuine Parts (GPC) – $4.05 – Reinvested
Manhattan Bridge Capital (LOAN) – $.55 – Reinvested
STAG Industrial (STAG) – $1.29 – Reinvested
Walmart (WMT) – $5.35 – Reinvested
January was the 1st month of Q1 and accounted for $11.24 of my 2018 Dividend Income.
In total during 2018 I have earned $11.24 in dividend income!
So far my dividends received looks like this
Dividends Received By Year
Year over year, I saw a 64.1% increase in dividends earned during the month of January. That is some great YOY growth in dividend income received. Hopefully as I grow my dividend income, during the 1st month of the quarter, I will be able to sustain such growth.
Portfolio Allocation
I added to my positions in the Energy and REIT sectors. I don’t think that I am too allocated to any one sector but I do see some leaders emerging. There are several sectors which I have more holdings in than others. So I may look into some opportunities in some of the other sectors that I am invested in.
Current Portfolio
My portfolio looks a little different this month because of the additions that I made. I am very happy with my portfolio as it stands right now. I will be looking for some more opportunities in the current state of the market because I would love to buy some stocks at bargain prices.
MoreDividends.com Articles
This month I published more articles than any other month. This was a good accomplishment for me. I hope to be able to replicate this more in the future.
Here are the articles that I posted on here during January from oldest to newest.
More Dividends Update From December 2017
Goals for 2017 Recap
More Dividends – Cryptocurrency
Why there wasn’t more money in More Dividends during 2017
Goals for 2018
Dividend Increase – Omega Healthcare Investors (OHI)
Recent Buy – ExxonMobil (XOM)
The Big Drop: How To Grow Your Wealth During the Coming Collapse by James Rickards
Cryptocurrencies – Bad News for Bitconnect Investors
Recent Buy – Realty Income (O)
If you are interested in posting a guest post, just head over to the Contact Page and send me a message.
Conclusion
January didn’t represent my highest earning month but it was still a very interesting month. I did see some great growth on my YOY for dividend income received. I would love to see this trend continue into the future. I was able to pick up a couple of good purchases for my portfolio. One of them helped me strengthen one of my positions while the other helped me start a new position in a great company. This month also saw my largest number of published articles in any one month.
With so much volatility in the markets lately I will be looking for some more opportunities to buy some more. I am curious to hear of any recent purchases that you all have made. Please share them with me!
As always I look forward to reading all of your comments and questions, until then….. happy investing!
-Jason from MoreDividends.com
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Congrats on the increase in dividend income.
Thanks DD. It is always nice to hear encouraging words! Thanks for stopping by.
I’m looking for some new opportunities with the recent volatility too MD. I’m right there with ya, my friend. Great job with the 10 posts this month. Very impressive. Tom
Tom from Dividends Diversify recently posted…Work, Save, Invest, Build Wealth, but Never Retire
Thanks Tom. I didn’t even realize that I had that many until I started typing up this report. My previous best was 8.
Hopefully we will both be able to find some good deals. Is there anything in particular that you are looking for?