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2016-01 Dividend Income Report

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Posted by Everyday-Freethought on 2016-02-01 at 04:51:48

Here is the dividend income report for January, 2016.

The monthly dividend income came out to $237.08. The yearly income total for 2016 through the end of the month was $237.08. Huuuuuge income. Best January ever. Quality dividends.

The income for January, 2015 was $213.49, and the yearly income for 2015 through the end of January was $213.49.

The income for January/April/July/October might be a bit lower going forward. Chubb Corporation was acquired by ACE Limited, and is trading under the Chubb ticker CB. All of my old CB shares were sold, I got half the money as cash, and the other half was put into the new CB. Last month I said that I might stick with ETFs in my taxable account I Might Move To ETFs In Some Accounts, and I listed some mergers and rumored mergers as reasons. I completely forgot about this one.

Sure Dividend recommended people sell CB. It’s a bit late for that now. The merger happened. According to David Fish’s Dividend Champions spreadsheet from last month, ACE Limited has increased dividends for 23 years, has a yield of 2.29%, a payout ratio of 32.72%, and a P/E ratio of 14.27. The old Chubb Corporation had increased dividends for 33 years, had a yield of 1.72%, a payout ratio of 26.24% and a P/E ratio of 15.26. Going by that, ACE Limited had better metrics. I am sure some might get worse for a bit as they absorb the old Chubb, but all in all it looks like it might not be a bad deal.

On the other hand, the CEO of ACE/the new Chubb is Evan Greenberg. He is the son of former AIG CEO Hank Greenberg. So perhaps some caution is warranted.

I am thinking about taking the cash from ACE/Chubb and buying more APD or MMM, and getting more than less than a tenth of a share every quarter.

Here is a table with the year-to-date amounts, the monthly amounts, and the three- and twelve-month moving averages for each January from 2012 through 2016:

Month YTD Amount 3MMA 12MMA
2016-01 $237.08 $237.08 $550.81 $457.97
2015-01 $213.49 $213.49 $471.54 $374.28
2014-01 $159.67 $159.67 $335.67 $287.98
2013-01 $110.12 $110.12 $348.07 $292.20
2012-01 $188.68 $188.68 $316.66 $256.77

Here are the stocks and the income amounts for January, 2016:

  • Automatic Data Processing: $31.49
  • MDU Resources Group Inc.: $10.88
  • Chubb Corp: $59.01
  • Kimberly-Clark: $50.99
  • Illinois Tool Works: $30.31
  • Sysco Corp: $17.98
  • Piedmont Natural Gas Inc: $20.64
  • RPM International Inc.: $15.78

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