January 2016 Income
2016 was a rough start for stocks! Seems like nearly all of my stocks are lower. For dividend investors, though, the situation is not too bad. Lower stock prices just means that we can buy more shares and that our dividend reinvestments have more oomph.
This January I received $144.28, compared with $97 in January 2015. This is an increase of nearly 49%. January has typically been my lowest paying month, and this January is likely no different after a quick glance at my Dividend Calendar. However, since the January dividend is greater than $100, this means that from now on, pending a drastic dividend cut, I’ll be receiving at least $100 every month in dividends with absolutely no more effort on my part! And, other than January, the other months pay substantially more.
One of the stocks that I purchased early in January before excellent quarterly earnings announced later in the month was Facebook. I purchased 20 shares at $101.7226/share. This stock was purchased for the growth aspect of total returns and does not pay a dividend.
Options: Cash-secured put on Boeing with a strike of 115 and expiration of Jan 2017. I received $1169.97 in premium, which is available for immediate use in my account. See my options page for further details.
Total option income for January 2016: $1,169.97
Total cumulative option income for 2016: $1,169.97
Lending Club interest for January 2016: $18.61
Cumulative Lending Club interest for 2016: $18.61
Lending Club Adjusted Net Annualized Return: 6.96%
Total dividends for January 2016: $144.28
Total cumulative dividend income for 2016: $144.28
Total cumulative passive income for 2016: $1,332.86
Forward 12-Month Dividends: $5,269.36
Full disclosure: Long all the above stocks