I received $98.05 in taxable January 2019 dividend income. If I had one goal, it would be for each month to surpass $100. Almost there!
My job is still coming to an end soon. I have a plan in place, and don’t want to say too much of what it is, but it is a career switch that I’m actually pretty excited for.
In the meantime, I’ll lose access to free Microsoft Office. So, I migrated everything over to Google Sheets. Some of my charts and tables look a bit different, but I’m actually loving the styles. Even more, I’m loving the automation Google Sheets allows. I recently put together a free Dividend Dashboard made with Google Sheets. Feel free to make a copy of it and use it for yourself. (Accuracy and completeness is not guaranteed.)
Still no major contributions. The good news is I’ll be in good shape for the near future, and I’ll look forward to new contributions when I become employed again.
January is one of my slowest months for dividend raises. That holds true this month. DIS was a bit lower than I had hoped for, but EMN continues its very respectable streak. The last three EMN increases have been in the 10% range.
Forward Dividend Income
Not much activity this month. Similar to other Januarys, the bulk of my added forward income comes from new contributions, and I’m paused on that end for the near future.
Purchases – HRL, CSCO
These purchases were funded fully with dividend reinvestments.
1 share of Hormel (HRL) @ 42.16/share
Reasons I like Hormel: quickly growing dividend, 53 years of increases, and a <50% payout ratio. Also, its low share price makes it easy to pick up one share here and one share there.
1 share of Cisco (CSCO) @ $43.90/share
Cisco has maintained massive dividend increases because their share price has also been growing. Despite their dividend increases, yield is actually under its 5-year average. They are due for another increase very soon! Last year’s declaration date was on Valentine’s Day.
Hope you like the new charts, and that you also had a good January!
Head on over to my portfolio page if you’d like to see what companies pay me in other months!