Wednesday, February 10, 2021

December 2020 & January 2021 Dividends Received

I forgot to post the dividend report for December, and since January has also passed I will post both results in here.

December 2020 Dividends Received:
Ticker Total Taxable 401k
COST $480.89 $480.89
JNJ $287.33 $280.97 $6.36
HD $232.88 $204.02 $28.86
NEE $212.86 $161.95 $50.91
MMM $211.48 $183.36 $28.12
KO $178.89 $178.89
WEC $153.61 $135.69 $17.92
O $151.82 $151.82
MSFT $111.76 $80.83 $30.93
D $111.08 $73.45 $37.63
V $86.81 $69.02 $17.79
BDX $85.20 $85.20
MCD $69.07 $69.07
HON $63.52 $63.52
CHD $56.56 $40.86 $15.70
INTEREST $2.31 $2.31
$2,496.07 $2,110.03 $386.04

In December, Costco had a special dividend and that boosted the December dividends received more than what I planned.
January 2021 Dividends Received:
Ticker Total Taxable 401k
MO $745.22 $678.47 $66.75
PM $521.54 $459.10 $62.44
PEP $273.11 $236.51 $36.60
KMB $233.08 $186.78 $46.30
XEL $178.70 $178.70
O $165.86 $165.86
ADP $161.16 $161.16
ITW $137.00 $111.96 $25.04
MKC $105.51 $76.25 $29.26
MDT $61.46 $61.46
SYK $61.09 $55.31 $5.78
INTEREST $0.04 $0.02 $0.02
$2,643.77 $2,205.72 $438.05

January was a strong month with total dividends over $2600 USD.

Both January and December had good results, and the dividends received trend continues to push higher. I have not invested a lot of cash recently as I am debating about allocating funds for a down payment for a property. This is to diversify my assets to include real estate in addition to just stocks. Since I have stopped adding shares besides the dividend reinvestment, my dividend growth this year likely will slow compared to previous years.

I am finding it more challenging to find dividend companies at good valuations with good dividend yields in today's market environment, putting cash to work now when the market is very high is not a big urgency right now for me as I already have over a million in stocks. I can sit and wait, have a lot of cash, and if the market rises more then great since I already have a million dollars sitting in stocks to benefit. Spending my cash to get a few more tens of thousands of dollars in equities urgently now is not going to change my returns dramatically.