January 2016 Dividend Income

January 2016 is over and while the market created some opportunities to buy quality companies at lower prices.
I took advantage and was able to add to my position in Toronto Dominion bank. I purchased 29 shares of TD at $35.58 which allowed me to lower my cost basis.

I also used my automatic sharebuilder purchases to increase my position in Union Pacific (UNP) by $275 and finally added 3m (MMM) to my portfolio another $275.

I realize these are small buys but i plan to average into these names overtime as cash available allows.
Eventually UNP and MMM will be a full position in the portfolio.

So now lets get to the dividend income, for the month of january i received the following;

Altria (MO) $4.01

Bank of Nova Scotia (BNS) $22.50

General Electric (GE) $22.69

Genuine Parts Company (GPC) $11.44

Phillip Morris International (PM) $72.28

Toronto Dominion Bank (TD) $11.45

Kraft Heinz Company (KHC) $3.24

W.P Carey Inc (WPC) $30.85

Walmart (WMT) $6.66

Total dividends received added up to $185.12 definitely and increase from the previous year January 2015 when i received $82.42.

I am glad to see my dividend income more than double year over year and it encourages me to consistently invest in great companies.

That is the start of this years income and i am sure there will be better months ahead, How was your January income? Did you add to any companies?

Feel free to share or comment below.

Dividend Force