January 2024 Dividend Income

As I'm writing this blog post, it is February 5th. Yet, the temperature here in Central Wisconsin is 49 degrees Fahrenheit. Suffice it to say, that's very warm weather for this time of the year. Better yet, the temperatures are expected to stay around or above freezing here for at least the next week.

With that in mind, I will discuss my net dividend income for January 2024. Without further ado, let's dig into it!

In January 2024, I received $265.76 in net dividends (disregarding the $5.25 payment from Broadcom that Webull indicates was paid on 1/2 when it was paid by the company on 12/29). That was 5.9% less than the $282.51 in net dividends that I collected in October 2023. But when adjusting for my sales of W.P. Carey (WPC) in October 2023 and Medical Properties Trust (MPW) in November 2023, my net dividends were up 3%.

Against the $220.01 in net dividends received in January 2023, this works out to a 20.8% year-over-year growth rate. When adjusting for the sales of WPC and MPW, my net dividends were higher by 28.5%.

Digging deeper, I collected $255.30 in net dividends from 28 companies within my Robinhood account. The $10.24 received in net dividends in my Webull portfolio were paid by five companies. Finally, I collected $0.22 in net dividends from nine companies within my M1 Finance account.

My net dividends from Digital Realty Trust (DLR) in my Robinhood account were $12.20 more because of the timing of its dividend payment.

I received an extra $0.26 from U.S. Bancorp (USB) within my Robinhood portfolio, which was due to the 2.1% increase in the dividend announced in December.

My net dividends collected from Innovative Industrial Properties (IIPR) were $0.12 higher in my Robinhood account as a result of the 1.1% bump in the dividend declared in December.

I received an additional $0.15 in net dividends from Main Street Capital (MAIN) within my Robinhood portfolio. That was due to the 2.1% raise in the monthly dividend announced in November.

My net dividends collected from Realty Income (O) in my Robinhood account were $0.02 greater because of the 0.2% increase in the monthly dividend declared in December.

I received an extra $0.16 in net dividends from GSK plc (GSK) within my Robinhood portfolio, which was due to the variability of the dividend payment.

My net dividends collected from Merck (MRK) were $0.44 higher in my Robinhood account. That was because of the 5.5% raise in the dividend announced in November.

I received an additional $0.14 in net dividends from Eastman Chemical (EMN) within my Robinhood portfolio, which was due to the 2.5% increase in the dividend declared in December.

My net dividends collected from PepsiCo (PEP) were $7.62 higher in my Robinhood and M1 Finance accounts. That was thanks to the timing of the dividend payment.

I received an extra $1.05 in net dividends from Automatic Data Processing (ADP) within my Robinhood portfolio, which was the result of the 12% dividend hike announced in November.

My net dividends collected from MPW in my Robinhood account were reduced by $9.60 due to my aforementioned sale.

I received $14.99 less in net dividends from WPC within my Robinhood portfolio, which was a result of my aforementioned sale.

My net dividends collected from American Tower (AMT) were $9.72 less in my Robinhood account. That was due to the timing of the dividend payment.

I received $4.60 less in net dividends from Coca-Cola (KO) within my Robinhood portfolio, which was also the result of the timing of the dividend payment.

Discussion:

How was your January 2024 for dividend income?

Did you receive first-time dividends in your portfolio last month?

I appreciate your readership and welcome your comments below!