My Annualized Dividend Income as of the end of January increased to $6,356 from $6,341 over the past month. This means my dividend stocks will pay $6,356 in dividends over the next 12 months. This portfolio of stocks has a current yield of 4.34%.
All my dividend distributions from the month went toward paying down debt. The stock market was up for the month and we continue to see companies increasing their dividends this year.
Most of my stocks are held in my Vanguard Brokerage account and the rest are DRIPs. I am keeping track of the amount of income I could receive once I retire or choose to receive the dividends in cash.
I will post my Top 20 Stock Holdings on Wednesday.