Dividend Income Update – January 2017

Another month has passed by, and it’s time for me to post the dividends that Skyy earned in the month of January. It’s hard to argue the success of long-term dividend growth investing when you can slowly and surely see dividend income rise over time and get closer to covering your family expenses.

I hope these monthly dividend income reports provide inspiration for any investors out there that are just starting out. It shows that it’s possible to one day pay for monthly expenses with dividends, which would provide an investor opportunities and freedom to pursue other interests than full-time work.

What you’ll see below is a list of every dividend Skyy collected over the prior month, which company paid the dividend and the amount of the dividend.

January 2017 Dividends Received

  • General Electric (GE) – $10.02
  • Montana Dakota Utilities (MDU) – $6.04
  • Cisco (CSCO) – $2.75
  • Chimera (CIM) –  $80.48
  • Philip Morris (PM) – $2.20
  • Realty Income (O) – $6.40
  • Wal-Mart (WMT) – $1.54
  • Aberdeen Income Fund (FAX) – $15.52
  • Cornerstone Fund (CLM) – $27.60

Total dividends received during the month of January: $152.55

So the Dow Finally hit 20K since the last Dividend Income Update! Everything else seems to be going just fine. I won’t say much on this update, but I do hope to pass the $1,000 mark by the end of the year.

I still plan on adding to the companies that pay out in Feb., May, Aug.,  and Nov once I can add more money to the account. As always we are truly thankful that Skyy was able to earn $152 this month without lifting a finger and continuing to be a great daughter. She did nothing to earn this money except for make great decisions with past Cash Flow!

Work Hard or Work Smart?

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17 thoughts on “Dividend Income Update – January 2017

    1. SS,
      Yes, gotta have some strong companies to keep growing their dividends to make more of that Cash Flow. Thanks and hopefully I can keep growing it!

  1. Solid start to 2017. First time seeing MDU in any dividend income portfolio. Always happy to learn about another dividend income stock. Thanks for sharing.

    1. Hey DH! MDU has treated me well since I picked them up last year and continues to grow. Glad I could help and Thanks!

  2. I share GE and WMT with you but I am out of the others. I worry about CIM in terms of stability. Their dividend however could help warm your bed at night. Keep it up! You’ll make your goal if you just keep moving forward.

    1. Hey DR!
      Yes I watch CIM closely but I have owned them for about 20 months now and they have never disappointed me yet. I also take the dividend as cash now to put into other companies since CIM is about 15% of the portfolio.
      Thanks again for stopping by and lets hope I pass $1000 sooner than later!

  3. Miracle –

    $152 is awesome, such a huge number for an off month. Wish my month was getting bigger, faster, for sure; but the Kraft dividend moved to a different month, skewed my results! That’s okay, because the checks keep coming : )


    1. Lanny,
      Thanks! Mostly from CIM but throughout the year I will be adding to the others to balance it out. Yes I am in a similar situation with HCP for feb., it usually paid out in Feb but after the spin-off of QCP it looks like they switched the payout to March. So instead of reaching $100 this month it looks like it will be pushed off.


    1. DH,
      Thanks! I did the Math earlier this week and if there are no dividend cuts I will 100% make it over the $1,000 mark!

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