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Wednesday, April 11, 2018

Dividend Income Update - March 2018

I have to apologize as I have been very busy with work and life this past month and it has been very hard to find time to write about my dividend progress. Nevertheless I want to continue writing and posting to try and help others achieve financial freedom. While the market continues to be volatile I continue to buy shares of high quality dividend growth companies.




March was my best month ever in terms of dividend income. It was truly incredible that in only 3 years time I've able to record nearly $500 in one month from dividend income. That number IS a tangible number that can help pay bills or for now simply reinvest in the market!

The companies that paid me this month are as follows:


TRAVELERS COMPANIES TRV $6.48
PEPSICO INCORPORATED PEP $9.66
T ROWE PRICE GROUP TROW $10.50
PRINCIPAL FINANCIAL PFG $26.52
GILEAD SCIENCES INC GILD $7.98
BP PLC FSPONSORED BP $21.00
LOCKHEED MARTIN CORP LMT $10.00
KRAFT HEINZ COMPANY KHC $15.63
GENERAL MOTORS CO GM $12.16
UNILEVER PLC FSPONSORED UL $11.58
QUALCOMM INC QCOM $19.95
DOMINION ENERGY INC D $10.86
VF CORPORATION VFC $9.20
MC DONALDS CORP MCD $15.15
MAIN STREET CAPITAL MAIN $4.94
DOWDUPONT INC DWDP $6.46
JOHNSON & JOHNSON JNJ $26.88
UNITED TECHNOLOGIES UTX $7.00
TARGET CORPORATION TGT $9.30
IBM CORP IBM $22.50
EXXON MOBIL CORP XOM $28.49
EMERSON ELECTRIC CO EMR $9.70
MICROSOFT CORP MSFT $7.56
AMGEN INC. AMGN $19.80
VALERO ENERGY CORP VLO $16.00
SOUTHERN COMPANY SO $12.76
BOEING CO BA $23.94
WELLS FARGO BK N A WFC $12.09
PFIZER INCORPORATED PFE $22.44
KROGER COMPANY KR $6.00
INTEL CORPORATION INTC $9.00
FORD MOTOR COMPANY F $22.88
FORD MOTOR COMPANY F $26.40
CONOCOPHILLIPS COP $6.84
AFLAC INC AFL $6.76

This month I received $494.40 in dividend income! 

This is up from $331.44 for March, 2017. 

This represents a 49.17% increase year over year!

This was truly an incredible month and I'm already looking at close to $550-600 for June! Again, this only took me 3-4 years to achieve and it is incredible the power of dividend growth investing! I can't wait to see where the numbers are in a few years! 

I've already added two stocks in April which I'll write posts about, but that will most likely conclude my buying for this month. The market has been super volatile lately, but all investors should have patience and be happy that you can buy shares at a discount. There are a lot of stocks out there that are at year lows that are sporting generous dividends! 

How did you guys do in March? Let me know!

10 comments:

  1. Nice millenial. Great income and growth year over year. That is a tinne of companies paying ya!

    Haha keep it up
    Cheers

    ReplyDelete
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    1. Thank you!! It is truly incredible to see how fast the dividend growth is! In a few years it will truly be amazing to see!

      Thanks for stopping by and best of luck!

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  2. Incredible results. I wish I had my act together when I was sure age. Great work.

    ReplyDelete
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    1. Thank you! I quickly realized out of school that I did not want to work a desk job for the rest of my life. I want to help others reach financial freedom as well!

      Thanks for stopping by and best of luck!

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  3. An incredile month indeed MD. What an impressive list of companies that paid you a dividend this month. You are setting yourself up for a lot of future success. Just wait till that snowball truly starts to roll :)

    Bert

    ReplyDelete
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    1. Hey Bert, thanks for stopping by!

      I can't wait for that snowball to truly start to roll. In another year or two the numbers should be big. In 5-10 years they should be HUGE.

      Best of luck!

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  4. Very inspirational MD and congrats on the huge accomplishment. March was a good month for me but still haven't cracked the three digit mark yet. It's good to know that in just a couple of years, I might be where you are now. Looking forward to seeing how April treats you and the stocks you added to your portfolio.

    ReplyDelete
    Replies
    1. Hey thanks for stopping by! You will most likely get there faster than you think! Invest as much and as often as you can and you will see tremendous results!

      Best of luck!

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  5. Great month with an insane year over year growth rate. I see many names in common between our stock portfolios and some that I am/have considered like QCOM and TRV to name a couple. Keep up the good work!

    ReplyDelete
    Replies
    1. Thanks DivHut! The year over year rate should come down a little in the next one to two years. I think QCOM can be a little risky right now, but they should be fine in the long term.

      Best of luck!

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