January 2017 Update

Well, January 2017 is finally on the books, this is the second update in January which highlights the buys that were not covered on the mid-month update and all the new contributions.

The stock market is proving resilient to all the bad news, its good and bad news and regardless, I’ll continue to add and buy while others decided to stay on the sidelines.  The best money is the money that works for you.  Keep Calm and Carry on.

Recent Buys
  • TGT (added 17 shares @ $66 for a total of 27 shares), yielding 3.6%
  • WBA (added 5 shares @ $84 for a total of 6 shares), yielding 1.8%
  • LOW (added 3 shares @ $71.35 for a total of 10 shares), yielding 1.96%
  • GILD (added 8 shares @ $71.60 for a total of 10 shares), yielding 2.63%
  • MO (added 5 shares @ $69.77 for a total of 21 shares), yielding 3.51%
  • VFC (added 3 shares @ $51.58 for a total of 9 shares), yielding 3.26%
  • CSCO (added 8 shares @ $30.20 for a total of 42 shares), yielding 3.47%
Contributions/New Capital

On my goals post, I highlighted how in 2016, I averaged $3,137.08 in new capital and 2017, the goal would be to be able to add new working capital to speed up the process. Well, I’m $6,921.13 which came in from side gigs, rental income profit, selling trade lines and savings from earned income, well over my stated goal and I hope to be able to maintain it throughout the year.

Dividends Received

January 2016, I received a total of $5.47 in dividends and this year, since discovering the power of dividend investing in the Summer of 2016, I have been very aggressively adding new capital to speed up this second income stream which is starting to pay off.  January dividends are clocking in at $52.98,  over 10 times last January.

Dividend Increases

A few holdings that are part of my portfolio announced increases, this is great news as the same shares are earning much more money without me lifting a finger.

  • SPGI – increased 13.89%
  • CINF – increased 4.17%
  • D – increased 7.86%
  • KMB – increased 5.43%
  • O – increased 3.95%
  • ED – increased 2.99%
  • OHI – increased 1.64%
  • EPD – increased 1.23%
Portfolio notes

January kept going up and I thought that there was nothing that could bring the value down for January, but it looks like the forces of gravity are far greater than any Trump Bump and the last few days have been very volatile.

The portfolio briefly touched $50,043.15 on January 25th and is back down to $49,568.14 to finish the month.   Still great growth with new capital that was deployed.

The portfolio finished 2016 with a value of $41,953.73. This means that in the first month of the new year, the portfolio size increased ~17% which is great news if I can maintain this throughout the remaining of the year.

Forward dividends are $1482.70, for 2015, total dividends received was $366.01.  An impressive change. Goal is to be $3,000+ for total dividends received.

1 Month down, 11 more to go 🙂

Thanks for reading.

14 Replies to “January 2017 Update”

  1. Great start to the year being able to add so much new capital. I started dividend investing as well in mid to late 2015 but my portfolio value is half the size. As long as you have the snowball rolling, time will do the rest. Lots of new capital helps to speed up the process though.

  2. Looks like you have been quite busy in January with all those additions to your portfolio. No doubt, you’ll be seeing the fruits of those buys in the coming months with greater dividend income. January has already proved to be much larger for you. Keep buying the good safe yields and let time and compounding work its magic.

Leave a Reply

Your email address will not be published. Required fields are marked *