Dividend Update – January
The first month of the year has just about come to a end. Hopefully everyone has been hitting the ground running so far in the new year. A lot has happened this month; Trump being inaugurated into office, the Dow hit 20,000 for the first time in history, and for all you tennis fans out there following the Australian Open, we are about to have a Williams sister final on the women’s side and a Federer vs. Nadal final on the men’s side. I am excited, because that has not happened in years.
That’s enough excitement for now, lets get back to the recap. All of the dividends are in for January and it’s time to analyze and publish the results. See below for details.
CSCO – $5.70
GE – $8.86
HASI – $20.01
CINF – $6.28
These dividends add up to $40.85 for this month. This is a 350% increase from last year where I only made $9.08 in dividends in January. Not a bad month but there is much room for improvement.
Looking forward, there are a few things to note. I recently sold HASI, which paid out half of my dividends for this month. That is going to hurt going into April. However, I own shares of KO which will payout for their first time of the year in April. Even though KO will make up for some of the slack, I am looking to add another company that will distribute a dividend in January.
How did your stocks do this month? Do you have any ideas for companies I should be looking to add on the January cycle? Your comments are welcome below.