It’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolios.
Without rehashing the wild ride we experienced in the market last few weeks, I could find comfort in one thing, my dividends (even if dividend cuts are very much on the table these days). As we all know, the market may move up and down irrationally and seemingly on a whim while our dividends remain much more stable, reliable and predictable. Sure, dividends may not increase every year and a cut or elimination is even possible but the odds are greatly reduced when you diversify among different companies and sectors and focus on dividend quality (free cash flow, EPS, debt, payout ratios and these days cash on hand). Keep in mind these days there are no shortages of accidental high yielding stocks but look at real cash on hand when viewing balance sheets. With that being said, let’s take a look at my February 2022 dividend totals.
Dividend income from my taxable account totaled $946.10.
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 02/01/2022 | GIS | GENERAL MILLS INC | $125.50 |
| 02/01/2022 | T | A T & T INC | $218.53 |
| 02/04/2022 | GD | GENERAL DYNAMICS CO | $11.94 |
| 02/10/2022 | AAPL | APPLE INC | $10.83 |
| 02/11/2022 | CLX | CLOROX CO | $19.82 |
| 02/14/2022 | APD | AIR PROD & CHEMICALS | $61.85 |
| 02/15/2022 | ABBV | ABBVIE INC | $316.31 |
| 02/15/2022 | HRL | HORMEL FOODS CORP | $22.47 |
| 02/15/2022 | ABT | ABBOTT LABORATORIES | $37.28 |
| 02/15/2022 | CL | COLGATE-PALMOLIVE CO | $8.15 |
| 02/15/2022 | PG | PROCTER & GAMBLE | $24.52 |
| 02/18/2022 | CAT | CATERPILLAR INC | $84.00 |
| 02/25/2022 | SBUX | STARBUCKS CORP | $4.90 |
| Transactions Total | $946.10 |
Almost four figures coming in a particular month is nothing to sneeze at. I’ll definitely take it as passive income always seems a little sweeter than active income. As mentioned earlier, the markets may swing wildly from week to week and month to month but dividends are seemingly more stable, reliable and predictable. In today’s world filled with tons of uncertainty and guesswork I’ll gladly take it.
Are any of these dividend stocks in your portfolio too? How was your February dividend income? Please let me know below.
Disclosure: Long all above
Almost 1k,ABBV nice payout , almost 3 of them make bulk of the income, Any plans to to supplement T dividend cut
desidividend recently posted…2022 February Options
Hi desidividend,
T will be the big question going forward. Still not sure what to do regarding the spin off. Not looking to add to T going forward. APD looks interesting at current levels and so does SBUX. I have lived through GE, WFC, HCP, BP, YUMC and other cuts. I’ll navigate this somehow 🙂
Great month I ended up selling T. SBUX is looking good and you are getting some dividends from it. Next time you should hit $1000 in dividends.
Doug recently posted…Feb 22 Dividend and Portfolio Review
Hi Doug,
T is the big dog in many DGI portfolios it seems. I’m still holding on to mine though not sure what I’ll be doing with the spin off shares coming my way. My SBUX is still a small portion of my portfolio and I wouldn’t mind adding more at these depressed prices.
Hey Keith,
Great to see you back in the swing of things. Those ABBV dividends are a source of inspiration.
Take care,
Ryan
Hi GRB,
Happy to be back. ABBV all started out as ABT once upon a time. I’ll gladly take those wins over some of the stinkers over the years like WFC, KHC, GE and others. Take the good with the bad, right?
Welcome back DivHut.
So close to 4-digits. I can’t wait to get to your level.
I decided to keep T in my portfolio as well. While that could change in the future, I still believe in the company long-term. But, we shall see.
Dividend Portfolio recently posted…Dividend Income Report – March 2022
Hi DP,
Thank you. I’ll keep updating my portfolio regularly. Still in the DGI though crypto has really caught my attention. I’m glad I jumped into that market back in 2017 and never sold and continue to add to my stack. Bitcoin, gold, silver, real estate and dividends.
Keith, it’s great to see you’re still going strong after all these years! Congrats!
Hi NMW,
I appreciate the comment. Still holding on to my dividend shares. That hasn’t changed for me. Keep at it too!