All right, so the total this January was $225.26. This means 2,2% decrease year-over-year. Well, I wouldn't like to see minus here, but there is a good explanation as you can see in the table above. The nature of bonus dividends. They are nice when you receive them, but there is no continuity.
I have been targeting 20% growth every month (except April months) in previous years, but this year I decided to raise the bar a little bit. So, from now on I would like to see at least 25% growth every month (except April months). January didn't meet that target, that's for sure. But if I remove ORI's bonus divy from the picture, my income grew from $160.44 to $225.26. This represents 40,4% increase year-over-year. I think this shows that the potential is there.
Good progress at KMB thanks to dividend raise and additional shares bought. And of course ITW and LEG as new payers compared to last year. The biggest payment came from BNS.TO. Here are my dividends in a graph:
All these companies should pay dividend again in April. Before next ex-dividend date I'm currently looking to buy additional shares at ITW and LEG. These I would say are sure things, but in practice I will be buying many others in this group as well.
Please note that I don't make any currency conversions here. I report dividends as they appear in their own currency. This time BNS.TO and RCI.B.TO were paid in CAD, and the rest in USD. Additionally all numbers are before taxes. This prevents currency fluctuations and tax hassles from affecting my progress.
Thanks for reading. Dividend Income page has been updated to include January dividends.
Disclosure: Long all stocks mentioned