January 2022 Dividend Income

As I'm writing this blog post, it's already early February. After weeks of mostly frigid temperatures, the next week will bring upper-30 degree Fahrenheit highs. 

Now that January is in the books, I'll turn my attention to dividend income for the month. 

During January 2022, I received $128.80 in net dividends. This equates to a 12.4% quarterly growth rate compared to the $114.59 in net dividends that my portfolio generated in October 2021. 

Furthermore, my net dividends increased 60.5% year-over-year against the $80.26 in net dividends that I collected in January 2021.

Digging in further, I received $118.44 in net dividends in my Robinhood account from 24 stocks. I collected $10.09 in net dividends within my Webull portfolio from five stocks. Third, I received $0.27 in net dividends from 12 stocks in my M1 Finance account. 

The following activity within my portfolio led to a $14.21 rise in my net dividends from October 2021 to January 2022:

I collected an extra $0.13 in net dividends from Realty Income (O) within my Robinhood account, which was due to the dividend increase announced last November.

My net dividends received from Main Street Capital (MAIN) were $0.94 higher in my Robinhood portfolio, which was the result of the payout raise last November and four shares of stock that I purchased during that month. 

I collected an additional $0.03 in net dividends from W.P. Carey (WPC) within my Robinhood account, which was due to the dividend increase declared last December.

As an aside, my net dividends received from Medtronic (MDT) in my Robinhood portfolio were split up into two dividend payments for some reason - one for $2.36 and one for $0.79. The $3.15 in net dividends collected from MDT were the same as in October 2021.

My net dividends collected from Digital Realty Trust (DLR) were $3.48 higher within my Robinhood account, which was due to the timing of DLR's dividend payment. 

I received an extra $0.24 in net dividends from American Tower (AMT) in my Robinhood portfolio, which was the result of the payout raise last December.

My net dividends collected from GlaxoSmithKline (GSK) declined $0.01 within my Robinhood account, which was due to the varying payouts of the stock.

I received a $4.90 boost in net dividends from Omnicom (OMC) in my Robinhood portfolio, which was the result of the dividend stock purchases made late last year.

My net dividends collected from Merck (MRK) increased $0.97 within my Robinhood account, which was due to the purchase of an additional share last September and the dividend increase last November.

I received $3.25 in additional net dividends from PepsiCo (PEP) in my Robinhood and M1 Finance portfolios, which was the result of dividend payment timing.

My net dividends collected from Eastman Chemical (EMN) were $0.28 higher within my Robinhood account, which was due to the payout raise last December.

Concluding Thoughts:

My net dividends are consistently growing from quarter to quarter. And given my consistent $2,000 to $3,000 deployment of capital each month, my net dividends should continue to grow going forward.

Discussion:

How was your dividend income in January 2022?

Did you receive any dividends for the first time in January as I did with OMC?

As usual, thanks for reading and feel free to share your thoughts in the comments below.