As I'm writing this blog post, it's currently Friday, January 30th. The temperature here in Central Wisconsin is set to reach a high of just 5 degrees Fahrenheit later today. For this time of year, that's relatively unpleasant.
Weather report aside, January 2026 is just about over. That means now is as good a time as any to discuss my dividend stock purchases completed during the month. Without further ado, let's dig into it!
Dividend Stock Purchase #1: Brookfield Asset Management (BAM)
The first dividend stock purchase that I made in January 2026 was another 15 shares of Brookfield Asset Management at an average share price of $52.26. Curious readers can peruse my investment thesis in my January 2026 Dividend Stock Watch List blog post. This upped my net annual forward dividends by $26.25, which equates to a 3.35% net dividend yield.
Dividend Stock Purchase #2: Mastercard (MA)
I also purchased an additional share of Mastercard during the month at a cost of $584.74. Interested readers can find my investment thesis in the blog post that I linked to above. My net annual forward dividends grew by $3.48, which works out to a 0.60% net dividend yield.
Dividend Stock Purchase #3: Microsoft (MSFT)
The next dividend stock purchase that I completed in January 2026 was two more shares of Microsoft at an average price of $478.08 a share. Once again, readers can check out my investment thesis in the January 2026 Dividend Stock Watch List blog post that I linked to earlier. I added $7.28 in net annual forward dividends, which is equivalent to a 0.76% net dividend yield.
Dividend Stock Purchase #4: VICI Properties (VICI)
Another dividend stock purchase that I executed during the month was another 31 shares of VICI Properties at an average cost per share of $27.97. Once more, intrigued readers can read my investment thesis in the January 2026 Dividend Stock Watch List blog post that I linked to above. The $55.80 lift to my net annual forward dividends equates to a 6.43% net dividend yield.
Bonus Dividend Stock Purchase: Visa (V)
The one bonus dividend stock purchase that I completed in January 2026 was an extra share of Visa at a price of $326.50. Basically, the market was spooked by the potential for President Donald Trump to cap interest rates for one year at 10%. This was further exacerbated by the possibility of the Credit Card Competition Act's passage. Overall, I believe that just like Mastercard, Visa can overcome these headwinds if they do materialize. The $2.68 in net annual forward dividends added by this transaction works out to a 0.82% net dividend yield.
Concluding Thoughts:
In January, I put $3,518.53 to work. My purchases during the month lifted my net annual forward dividends by $95.49, which is equivalent to a 2.71% weighted average dividend yield.
Dividend increases announced in January 2026 helped raise my net annual forward dividends by $28.39. This pushed my net annual forward dividends from around $6,740 at the start of the month to about $6,885 heading into February 2026. This puts me in a good position to breach $7,000 in net annual forward dividends next month.
Discussion:
How was your January 2026 for capital deployment?
Did you open any new position(s) during the month?
Thanks for reading and please feel free to comment below!