Last month was my best payday ever with a dividend income of $766.38 for December. That put my year total to over the 6G mark that I was pushing hard to hit. Let’s take a look at January.

This year, my goal is to smash $8,000! It’s a pretty lofty goal and I figure I need to save around 50 grand of new capital to hit this mark, based on a 4% dividend on new purchases.

$50,000 will be around a 70% savings rate. I’m not going to lie, this is going to be extremely difficult. A family of 5 on a single income with children in every activity known to man, we shall see…

January Dividend Income

For the month of January I received dividends from 14 different companies (and 1 company twice):

TICKER	COMPANY NAME	AMOUNT
TSE:AX.UN	Artis REIT	$99.72
TSE:CLF	Canada Bonds	$72.00
TSE:PLZ.UN	Plaza REIT	$69.54
TSE:AQN	Algonquin	$69.24
WDC	Western Digital	$60.50
TSE:NVU.UN	Northview Apartment REIT	$46.17
TSE:NVU:UN	Northview Apartment REIT	$41.01
TSE:D.UN	Dream Office REIT	$37.75
TSE:TA	TransAlta	$35.60
BEN	Franklin Resources	$30.00
TSE:ALA	AtlaGas	$26.51
TSE:BEI.UN	Boardwalk REIT	$19.13
TSE:PZA	Pizza Pizza	$16.04
TSE:CPG	Cresent	$9.00
TSE:SJR.B	Shaw	$7.41
	TOTAL	$639.32

I received $639.32 in dividends for the month of January.

What should I do with all this free cash? I could buy a…

LG 43″ 4K UHD Smart LED with WebOS 3.0

Full HD 1080p with a whopping 8.3 million pixels!!!!

Well, instead of buying a nice TV, I decided to DRIP my money to buy more high quality stocks to compound that growth!

43″ just ain’t good enough.

Nuts and Bolts

• My year over year increase was 74.15% or $272.12 more than January 2016
• My quarter over quarter increase was 33.32%
• I had a great quarter, I’m moving in the right direction

Month	2015	2016	2017	2017 $ INC	2017 % INC
January	$152.00	$367.00	$639.12	$272.12	74.15%
February	$229.00	$427.00	$0.00	0	0.00%
March	$385.00	$602.00	$0.00	0	0.00%
April	$201.00	$313.00	$0.00	0	0.00%
May	$375.00	$456.00	$0.00	0	0.00%
June	$475.00	$676.00	$0.00	0	0.00%
July	$200.00	$380.00	$0.00	0	0.00%
August	$375.00	$501.00	$0.00	0	0.00%
September	$499.00	$716.88	$0.00	0	0.00%
October	$236.00	$479.38	$0.00	0	0.00%
November	$418.00	$514.57	$0.00	0	0.00%
December	$624.00	$760.03	$0.00	0	0.00%
YTD Total	$4,169.00	$6,192.86	$639.12	$272.12	-89.68%

My total dividend haul this year has started off well at $639.12. I only need $5,553.74 to hit my last years total

Last year I passed my prior year in October. I’m trying to beat 2016 total even sooner this year.

How Much Free Money?

Year	Total Dividends Received
2014	$2,421.00
2015	$4,169.00
2016	$6,193.00
2017	$639.00
2018	$0.00
2019	$0.00
2020	$0.00
Total	$13,422

Since 2014 I have received $13,422 of free money just to own some companies.

That’s enough free money to buy my a brand new…

Mitsubishi Mirage ($12,698)

I hope everyone else has a great year.