January 2022 Monthly Dividend Income

I received $117.41 in taxable dividend income for January 2022. Not much news this month aside from my portfolio pulling its own weight.

In fact, I haven’t added any shares to my January payers since before October, when they last paid me. That’s partly a result of my focus on VTI and NVDA the last few months. Nevertheless, the dividends keep coming! Compared to last January last year, I’m actually up 26% in dividend income.

ticker total_payout_2022 total_payout_2021
RSG $22.08 $12.75
MDT $20.16 $13.92
MO $18.90 $18.06
KMB $9.12 $8.56
IFF $8.69 $8.47
NDSN $8.67 $2.73
CINF $8.19 $7.80
CSCO $7.40 $7.20
CAH $7.36 $7.29
EMN $6.84 $6.21
$117.41 $92.99

Dividend Growth

percent_increase annual_increase_dollars
EMN 10.14% $2.52
Total $2.52

I’m glad EMN had a 10%+ increase because this is my only increase for the first month of the year!

I would have to invest $173 at my current portfolio yield of 1.46% to produce this much income. Not much, but it’s something!

Forward Dividend Income

Year: 2019 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
dividend_increases $7.00 $3.10 $36.71 $4.55 $5.99 $22.83 $3.01 $5.04 $13.20 $6.44 $2.61 $29.35 $139.83
dividend_reinvestments $2.47 $-12.99 $3.47 $2.02 $2.05 $4.22 $1.80 $1.60 $6.79 $1.78 $1.78 $9.57 $24.56
new_contributions $-0.30 $6.03 $0.02 $1.06 $0.03 $-0.51 $188.35 $276.00 $147.06 $93.04 $146.50 $32.79 $890.06
Total $9.17 $-3.86 $40.20 $7.63 $8.07 $26.54 $193.16 $282.64 $167.05 $101.26 $150.89 $71.71 $1,054.46
Year: 2020 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
dividend_increases $1.44 $8.76 $18.54 $-52.15 $-22.73 $31.08 $3.81 $0.00 $19.47 $4.96 $20.70 $26.81 $60.69
dividend_reinvestments $1.88 $1.55 $10.38 $9.07 $1.78 $7.85 $-3.23 $2.50 $8.02 $1.57 $2.07 $9.03 $52.47
new_contributions $2.24 $17.81 $37.11 $-1.16 $9.41 $6.34 $-30.23 $11.93 $-0.25 $0.19 $19.35 $51.72 $124.48
Total $5.56 $28.12 $66.03 $-44.24 $-11.54 $45.27 $-29.65 $14.43 $27.24 $6.72 $42.12 $87.56 $237.62
Year: 2021 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
dividend_increases $1.08 $9.35 $28.05 $5.84 $8.97 $33.05 $5.49 $15.20 $8.72 $10.96 $23.99 $27.55 $178.25
dividend_reinvestments $1.61 $1.62 $8.89 $1.64 $1.95 $7.12 $1.21 $1.83 $8.37 $0.92 $1.30 $7.12 $43.58
new_contributions $68.26 $60.80 $67.00 $61.99 $56.84 $101.67 $42.09 $75.06 $54.36 $31.38 $30.54 $39.28 $689.25
Total $70.95 $71.77 $103.94 $69.47 $67.76 $141.84 $48.79 $92.09 $71.45 $43.26 $55.83 $73.95 $911.10
Year: 2022 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
dividend_increases $2.52 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.52
dividend_reinvestments $1.67 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.67
new_contributions $15.38 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $15.38
Total $19.57 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $19.57

It’s a slower month for the start of 2022 than I had all last year. I’m going to temper my expectations a bit. I only made $1,000 in new contributions in January (compared to around $4,000/month in 2021). I’ll have to make a new post for my 2022 goals, but I’m switching my emergency fund into I Bonds as well as anticipating a few large expenses. That means I want to give myself a buffer in the short term.

Purchases – BLK, VTI

0.14 shares of BlackRock (BLK) @ $835.92/share. Cost Basis: $119.25. Forward Income: $2.78/year

Another month, another round of reinvestments going toward BLK. In one or two more months, I’ll hit another full share.

5.0 shares of Vanguard Total Stock Market Index(VTI) @ $215.26/share. Cost Basis: $1,076.30. Forward Income: $14.26/year

I want to focus more on VTI, but this month was a little unplanned. I meant to make a second contribution and buy some individual stock, but decided to put my second contribution toward my emergency fund instead. No regrets!

2 thoughts on “January 2022 Monthly Dividend Income

  1. A good start to the new year, Dozer. You had lots of payers in the $6-$10 range, with RSG, MDT and MO leading the pack with roughly double those amounts. YoY growth was great at 26%.
    The fwd dividend income step down you had in January is noticeable when comparing to months in 2021. You had a terrific 2021 in that regard… so consistent with strong capital investments. Still, $1K in January investments is still plenty more than I was able to invest.
    A temporary slow down in investments while you strengthen other areas of your personal finance makes sense.
    The “Purchases” section indicates you bought NVDA and V in January, but no details are shown. Were there actually no purchases of those, or did the details just get left out?
    Sorry I haven’t commented in a while… but I’m still paying attention. Good work growing the portfolio as always.

    1. Thanks ED! Always enjoy when you stop by. Good catch on the NVDA and V – that was a copy/paste error for that section header. I’ll fix it!

      To be honest, I’ve not been watching investments nearly as much as I have in the past. I used to have a bit more time to check things all the time, but now I do it about once per month. It’s nice to have that flexibility with stocks vs real estate. So, I understand if you haven’t commented in a while because I’m in the same boat!

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