January dividend

 If you work for a living, why do you kill yourself working?

This is the very reason why I want to use the money to do some of “the working”, and one day, it will do all of the working so I don’t have to work myself to misery :P. The way I want to achieve this is through dividend investing. While I’m sleeping or vacationing, the businesses such as WMT, JPM, BNS and etc are still functioning and the dividend engine is still splitting out dividends. The dividends get reinvest to get more dividends.

I’d like to document this process of letting the money do the working as it’s happening. That is why I’ve been consistently do a monthly dividend income report to keep track.

January was a tough month. CNN has an article noting 95% of investor lost money in January (including me). The S&P was down 5% and the DOW was down 5.5%. I had 70% of my 401k in S&P, I was happy that my account didn’t go down as deep. I also made some serious purchases with BAC, Foxa, UNP, POT, PRU, and F during the sell off, hopefully these purchases would pay off.

Noted: Mr. WRI was happy that he didn’t lose any money being 100% cash position. Well, more power to him, but until he can execute any buys, his cash flow is way low.
My company made a mistake of not deducting from payroll in December, so in Janary when the market was at its lowest, they did a make-up payroll deduction. I ended up buying more shares in the midst of the sell off. It was awesome how things worked out.

Here are they payouts I received in Jan of this year from 11 companies:

FCPT – FOUR CORNERS PROPERTY TR INC 012916 3 $0.60

JPM – JPMORGAN CHASE & CO 013116 20 $8.80

TD – TORONTO DOMINION BK NEW 012916 10 $3.61

BNS – BK NOVA SCOTIA HALIFAX 012716 10 $4.98

BXMT – BLACKSTONE MORTGAGE TRUST INC 011516 20 $12.40

O – REALTY INCOME CORP REIT 011516 50 $9.55

STWD – STARWOOD PROPERTY TR INC 011516 20 $9.60

WPC – W P CAREY INC 011516 10 $9.65

BXLT – BAXALTA INC 010416 10 $0.70

BAX – BAXTER INTERNATIONAL INC 010416 10 $1.15

WMT – WAL-MART STORES INC 010416 150 $73.50

$134.54

Last year, this month, I reported dividend income of $0. This year, I shot up to $134.54. It went up from $125.23 in October. I’d love to see this number to grow closer to $500.

There is a new dividend payout member: FCFT is the REIT that has splitted  from Daren restaurant (the companies that owns Olive Garden and red lobsters). It now starts paying dividend which is great. I only own 3 shares, so $0.60 added to my quarterly income.

From this month forward, I will no longer receive dividend payout from BXLT as I’ve sold it on the news that it will be bought by Shire. I took the 35% gain and ran away. 😛

Noted I’ve up my shares in Walmart substantially , so my payout is now sitting at $73.50/quarter. I initiated a position at $78 after shares has fall down from the near $90. WMT shares was on the down trend, it went as low as $56. Since then, I kept on averaging down, my cost is at $68. And Walmart is trading at $65. I was hoping it would go to the low $50s before buying to a full position. It didnt happen even during the flash sell off in January. Oh well, I’m pretty happy at this level.

January is generally a low payout month, I’m happy that this year I wasn’t sitting at $0 payout. $134 could be enough to cover my grocery bill for 2.6 week. 😛 right now I don’t need that money yet, so it will go straight back into my account to buy more shares of companies that will pay me dividend. I’ll let it does it things- grow!

What’s about you? Did you have a smacking January? How did your portfolio perform?

I made some beef jerky from the beef I bought from Walmart. 😛