Monthly report: January 2025

As we step into 2025, it's time to review my monthly dividend income for January and assess how my portfolio performed over the past month. January turned out to be a strong month for the global markets, with positive momentum across major indices. Here’s a detailed breakdown of market performance, portfolio changes, and how my dividend income compared to the same period last year.

Global Market Performance in January 2025

January was an impressive month for the stock market, with major indices posting solid gains:

• AEXGR: Increased from €3,480 to €3,605 (+3.6%)
• SX5E (Euro Stoxx 50): Jumped from €4,918 to €5,282 (+7.4%)
• IWDA (Global Equity ETF): Increased from €105 to €107 (+1.7%)
• DJITR (Dow Jones Total Return Index): Rose from $106,133 to $112,454 (+6.0%)
• S&P 500: Climbed from $5,869 to $6,071 (+3.5%)

The strong performance was driven by resilient earnings, cooling inflation, and renewed investor confidence in economic stability. The Euro Stoxx 50 had the most notable increase, rising by 7.4%, indicating strength in European equities. The Dow Jones Total Return Index also had a significant 6.0% increase, reflecting strong market participation across sectors.

Top 3 Gainers and Losers in My Portfolio

Top 3 Gainers:

• APD (+18%) – Strong earnings and positive industry outlook drove this stock higher.
• MPW (+17%) – A rebound in healthcare REITs contributed to this significant gain.
• DE (+14%) – Continued demand for agricultural and construction equipment boosted the stock price.

Top 3 Losers:

• BEPC: -5% – Weak renewable energy sector performance impacted this stock.
• OHI (Omega Healthcare): -2%. Faced pressure from higher operating costs in the healthcare sector.
• TXN (Texas Instruments): -1%. A ,inor decline, likely a result of cautious semiconductor sector outlooks.

Overall, my portfolio had a strong month, with more stocks gaining than losing:

• 27 winners with an average increase of 6.1%
• 7 losers with an average decline of -1.6%

Winners/losers ratio: 3.9

This positive ratio indicates broad-based strength in my holdings, reinforcing my long-term investment strategy.

Dividend Income Comparison

One of the most exciting parts of dividend investing is watching income grow over time. Here’s how my January 2025 dividend income compared to the same period last year:

The YoY growth of 37% in after-tax dividend income is a fantastic milestone, showcasing the power of reinvestment, dividend increases, and portfolio expansion. The most important contributors to this success are:

• Increased dividend payment from Brink, my employer.
• Increased dividend payments from my US-holdings like HASI, MRK, O, CSCO and WMT.
• Purchase of ADP back in June 2024.
• I also sold my position in BAX back in March 2024 and suffered a dividend cut from MPW.  

Final Thoughts

January 2025 was a great start to the year, with strong market performance and impressive dividend growth. This reinforces my commitment to a long-term, dividend-focused investment strategy. To wrap up, here’s a quote from Warren Buffett that perfectly captures the essence of dividend investing:

“If you don’t find a way to make money while you sleep, you will work until you die.”

I look forward to seeing how the rest of 2025 unfolds and hope to continue building a reliable and growing income stream. How did your dividends perform this month? Let me know in the comments!