Dividend Income Update – January 2017

I know, I know.. it’s a little early to post the income for the month of January on the 28th of the month but with only two trading/bank days to go until the end and the small number of ETFs in my portfolio, I am very confident that this is it for January.

Also, January is one of the slowest months of the year for me. Is that also the case for you guys? I do not hold many ETFs anyways but only a few of them pay dividends in January. Even of the three funds that pay me on a monthly basis, one decides that it is better to pay twice in December and then not at all in January. Either way, let’s get this month into the books and then move on to the better ones that usually follow. So, the grand total for January was USD 36.74  and EUR zero. This result was achieved by three ETFs from my portfolio. The two Global X i.e. their SuperDividend and their SuperIncome ETFs. While the former kept its dividends per share flat, the SuperIncome increased its dividend slightly from ca USD 0.07 per share to ca USD 0.08. I use the ca because the dividend per share is actually stated to five decimals on top of which the numbers that I state here are after tax. So, from my perspective, SuperIncome increased its dividend by about 14%. Nice! Let’s see if they an stick to this level for the remainder of 2017.The third ETF that paid me in January was the iShares MSCI Pacific ex-Japan. I did not own this fund in the comparative period last year, so I don’t think it’s fair to mention dividend per share increases here. Of course, I entered all this information into my spreadsheet and the corresponding chart. The chart now looks like this.

dividend-income-jan-2017

What you might have noticed is that I mention a few ETFs that pay me on a monthly basis and yet, the dividend income for January 2016 i.e. last year is shown at 0. the reason behind that is that I operate with a little bit of leverage in my portfolio. The interest charge for the quarter that just ended is always deducted in the month after that. In January 2016 I for example paid the charge for the fourth quarter of 2015. Therefore, January 2016 was a net cash outflow. Therefore, I show it as a zero in the chart. this year, January was net cash positive even after paying the interest charge for the previous quarter.

So, this was my January. How was yours or are you still expecting payouts in the last two working days of the month? I am looking forward to read your thoughts.

 

DISCLAIMER: NONE OF THE CONTENT OF THIS SITE IS TO BE CONSIDERED INVESTMENT ADVICE. READERS HAVE TO FORM THEIR OWN OPINION ABOUT WHICH INVESTMENTS ARE RIGHT FOR THEM AND TAKE FULL RESPONSIBILITY FOR THEIR OWN ACTIONS.

 

13 thoughts on “Dividend Income Update – January 2017

  1. The beginning of every quarter is usually a ‘ho hum’ time for dividend income. Still, we can put up year over year gains even if the dollar amounts received are not that high. Income is income whether from stocks, funds or premiums or rent. Are you buying on margin? Is that the leverage in your portfolio? Thanks for sharing your Jan. results.

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  2. It seems like all the other commentors are also suffering from the “Slow January” month club. There just aren’t too many companies that pay dividends in the first month. I like the idea of having some monthly dividend payers in there to keep a consistent stream flowing when your other positions are not set to pay until the third month of the quarter. Great job!

    Bert

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    • Hi Bert,
      thank you very much for your comment. It would indeed be nicer if there were more january or first month of the quarter dividend payers. However, now that January is behind it, we have more to look forward to 🙂 I guess what I am saying is that it is better to start slow and finish strong than the other way around 😀
      Thanks for stopping by.

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    • Hi Tristan,
      Thank you very much for your comment. In the end the within month frequency or even the monthly pattern within a year does not matter that much. As long as you are getting a nice annual income and more importantly you are jamming progress.
      Thanks for stopping by.
      – DIB

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  3. That’s a good start of the year! This is the first div report I read this year 😉 Looking forward to seeing how the rest of the year will go for you. Is the target line of 100 an average goal to achieve or something you want to achieve every month?

    January is a bit of a slow month for us as well. And although we didn’t received a big amount in total, our growth rate for this month is pretty impressive, so that’s nice 🙂

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    • Hi Divnomics,
      Thank you for your comment. I thought I’ld get the report out early and I guess it worked 🙂
      The 100 line is something I want to cross at least five times this year. Eventually I want to cross it every month but that will take a few years.
      I am already looking forward to read your report.
      Thanks for stopping by.
      – DIB

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  4. hi DIB,
    Congrats – it looks like you’re off to a good start this year and even a couple days early!
    I’m still waiting on income from JPM – I know what they’ll be paying but need to wait until the end of the month anyway as I include market values in my report.
    Best wishes,
    -DL

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    • Hi DL,
      Thank you for your comment. While I expect more from other months later on in the year, Jannuary was indeed a better start than in previous years.
      I look forward to read your monthly report in a few days.
      Thanks for stopping by.
      – DIB

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