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 two dividend income portfolios. March was a pretty eventful month as I welcomed the birth of my first child along with my consistent investment in the Canadian banking space adding to my The Bank of Nova Scotia (BNS) in my ROTH account. Having been more aggressive in adding to my ROTH account holdings for several months I am starting to see the fruits of those initial investments in my dividend income from my ROTH. With that being said, let’s take a look back at my March dividend income from my two accounts.
Dividend income from my taxable account totalled $327.67 up from $231.33 an increase of 41.65% from March of last year.
Dividend income from my ROTH account totalled $73.36 up from $51.42 an increase of 42.67% from this time last year.
My year to date dividends from my brokerage account is $741.45 and from my ROTH account $192.77.
Are any of the names below in your portfolio too? How was your March dividend income?
Brokerage Account
Year to date dividends: 741.45
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 03/02/2015 | DIVIDEND:GWW | GWW | $5.74 |
| 03/02/2015 | DIVIDEND:WFC | WFC | $13.01 |
| 03/02/2015 | DIVIDEND:AFL | AFL | $65.53 |
| 03/02/2015 | DIVIDEND:BMS | BMS | $6.61 |
| 03/06/2015 | DIVIDEND:SO | SO | $18.32 |
| 03/10/2015 | DIVIDEND:EMR | EMR | $18.46 |
| 03/10/2015 | DIVIDEND:JNJ | JNJ | $25.32 |
| 03/12/2015 | DIVIDEND:MMM | MMM | $24.11 |
| 03/16/2015 | DIVIDEND:ED | ED | $44.52 |
| 03/16/2015 | DIVIDEND:MCD | MCD | $19.61 |
| 03/20/2015 | DIVIDEND:D | D | $20.89 |
| 03/20/2015 | DIVIDEND:VFC | VFC | $10.58 |
| 03/31/2015 | DIVIDEND:BDX | BDX | $12.06 |
| 03/31/2015 | DIVIDEND:PEP | PEP | $15.65 |
| 03/31/2015 | DIVIDEND:ALLE | ALLE | $2.78 |
| 03/31/2015 | DIVIDEND:IR | IR | $24.48 |
| Total: $327.67 |
ROTH Account
Year to date dividends: 192.77
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 03/10/2015 | DIVIDEND:EMR | EMR | $24.49 |
| 03/10/2015 | DIVIDEND:JNJ | JNJ | $5.86 |
| 03/11/2015 | DIVIDEND:UL | UL | $14.78 |
| 03/12/2015 | DIVIDEND:MMM | MMM | $9.50 |
| 03/16/2015 | DIVIDEND:MCD | MCD | $8.98 |
| 03/31/2015 | DIVIDEND:PEP | PEP | $9.75 |
| Total: $73.36 |
Disclosure: Long all above
Keith,
Another great month in the books! And the best part is that you didn’t have to do anything for it so you could focus all your attention on Little DivHut. 😉
We share some investments: AFL, JNJ, MCD and UL. Glad to be a fellow shareholder in all of them as they boosted me above the $100 threshold for the first time ever.
Keep it up,
NMW
No More Waffles recently posted…Savings Rate for March 2015
Hi NMW,
As you stated the best part of passive dividend income is the fact that it just keeps rolling in without any active work on my part. I just love watching it not just come in but grow year over year as well. Baby DivHut is continuing to grow. I can’t believe he is one month already. Where does the time go?
Happy to be a fellow shareholder in some great names you mention above as well. I sure wish we could find better valuations in other sectors instead of just banking and energy. As always, I appreciate your comment.
Solid increase YoY DH. We both own several of the same companies but sadly I don’t own BDX. That’s a huge misstep on my part but I’m patiently waiting for a better entry point. It just seems way to expensive to initiate a position in. You’ve got a great portfolio that’s well diversified and the best part is that you should continue to get raises for doing nothing. Keep up the good work!
JC recently posted…How effective are those share buybacks?
Thank you for your encouraging words. It’s always fun writing these updates and seeing in real dollar terms the dividend growth that occurs year over year. Keep watching BDX. I’m sure there will be a day when many names we are wanting to buy will go on sale and you’ll have your opportunity to buy into that great name. I mentioned how I’d love to add a lot more to my health sector names including JNJ, BCR, BDX, ABT and the like. But I always say that it seems that high quality companies always come with a premium attached. Thank you for stopping by and commenting.
Very nice work, DivHut. Hope you are enjoying your time with your new family member. Congratulations.
Quite a few of your holdings are in our portfolio as well. Good companies. We also had very similar results for March. Our March results were up 46% YOY, and YTD was up 44%. How can we not feel good about that? Keep it up. I think you are going to be one happy investor come retirement time.
Steve
Dividend Gravy recently posted…March 2015 Update
Hi DG,
Mrs. DivHut and I are truly enjoying our time with baby DivHut. The moments when he falls asleep on our chest and looks so peaceful to those 4AM feedings and diaper changes to his new faces and gestures, we are soaking it all in. I was surprised to see such strong year over year growth in my taxable account as most of my new purchases have been in my ROTH account but I guess that snowball effect is starting to take hold. AFL is one example where dividends are adding over one whole share with each distribution. I love the fact that without any additional investment I’m getting about five additional shares in AFL without doing anything. I appreciate your comment and continued support. Thanks for stopping by.
Hey DIvHut. Solid month bud. Slow and steady will win this race. You’ll doing fantastic. Enjoy the new baby. So sweet right? Take care bud.
Hi DH,
I always believed in slow and steady which is why from day one I never chased those high yield MLPs and dangerous REITs. I’d rather invest in those steady dividend growers instead of current dangerous high yielding stocks. Baby DivHut is doing great and yes he is so sweet. When he just looks up at us or has his eyes closed and looks so peaceful our hearts really melt. Being a parent is definitely a unique experience that can only be had by having your own child. Thank you for stopping by and commenting.
Everything else pales in comparison to “I welcomed the birth of my first child”. Congratulations on becoming a father!
Great month of dividend income and year-over-year increase. Keep up the good work!
FerdiS recently posted…Updated Blogroll Page
Hi FerdiS,
So true. Having a child is one of those life experiences that really helps put things into perspective. I am very fortunate to have a very like minded Mrs. DivHut that can enjoy and appreciate the small things in life and is not a slave to material items or status. As cliche as it sounds, health, happiness and family is really what counts. Thank you for your kind words and continued support. I appreciate your comment.
Wow well done! That Yr over Yr Growth is just awesome.
Evan recently posted…Be Careful What you Build Your Dividend Investment Portfolio On
Hi Evan,
Thank you for your kind words. I too was impressed with that year over year growth in my taxable account. I kind of expected it in my ROTH since I have been investing a lot more in that account but I guess the snowball effect is starting to take hold with little new investment and that’s the name of the game. Thank you for stopping by and commenting.
Looks like a great month for you, DivHut. Congrats on the dividend income!
R2R
Roadmap2Retire recently posted…Passive Income Update – Mar 2015
Hi R2R,
As we all know those end of quarter months are our favorite with most of our dividend income coming in March, June, September and December. Thank you for your continued support and for your comment.
DivHut,
Solid month. Nice to see that YOY growth. Love the diversity in your sectors too.
– Gremlin
Hi DG,
Thank you for your continued support. As I mentioned in other comments, I was pretty impressed with the year over year growth in my taxable account as new investment there has been lighter than in my ROTH. Thank you for stopping by and commenting.
Congrats on having another solid month! 40% increase on both accounts is very impressive. Keep up the good work.
Tawcan recently posted…What you focus on expands – positive approach to life
Hi Tawcan,
I appreciate the encouraging words and support. Seeing those year over year numbers always continue to inspire me to continue on this journey and keep up with my monthly investing goals. As always, I appreciate your comment.
Keith,
Looks like little DivHut will get to go to college after all. 😉 Seriously, you are close to $4000 per year in dividends, which is really great progress.
Let’s see, what do I own from your list? BDX, MMM, MCD, JNJ, UL, and PEP. I am considering adding shares of SO to the portfolio. I sold SO a while back because I thought it was over valued (note that I do not recommend doing that), but it has come down and looks like it might be time to buy it back.
Best wishes,
KeithX
Hi KeithX,
College, trade school or start his own business like I did. Whatever path he chooses I’ll be happy with. We will start a baby DivHut dividend portfolio within a month or two and get him well on his way to a growing passive income stream. I hope to teach him the lessons of investing way before he even knows about his account. Regarding my passive income, it would be nice to hit $4k in dividends for the year. It would be a big jump from my 2014 totals.
I think it’s great that we share quite a few names in common. As many have been saying the market is overvalued for quite a few years and waiting for the inevitable correction so to the utilities have garnered the same attention as the entire sector jumped tremendously in 2014 and everyone was calling for a correction. Sure utilities offer little growth but their yield and long dividend histories make for great additions to any dividend income portfolio. I own three utilities, ED, SO and D and though a small part of my overall portfolio I still think of them as an important component. Thank you for your continued support and comment.
Update: I bought 100 shares of SO today in my 401k. I found it interesting that I at one time or another owned all three of the utilities you listed. SO is a good start to get some exposure in the utilities sector, which historically has been a very good place to put your money.
Now, I should get my two daughters started on dividend investing even though they are in their twenties. Better now than next week. Really, really good idea to get your children started when they are babies.
Hi KeithX,
Great pick up with 100 shares of SO. I have owned those three utilities since day one of my portfolio. In the far, far, space in the back of my head I do wonder about the long term future of utilities as more homes are going solar and TSLA and other companies are improving battery capacity and storage capabilities which all can potentially hurt the utilities. I realize that this may not impact utilities for many years but I think it can be a concern in our investing lifetime.
Getting your daughters to invest in their 20s is an awesome idea. They would still be far ahead of most if they begin at that young age. For my son, I hope he can “retire” at age 40 after having just as many years of dividends and compounding hit his own dividend portfolio. Thanks for the SO update.
I have WFC and D on my portfolio. It’s nice to see a little increase in WFC dividend. both of them are solid companies. D have a history of splitting its stock when it gets to 70-90$ so I’m hoping it would do it to attract more buyers.
40% increase is very impressive. March is a good month for everybody. Here comes April where I had to pay taxes from last year profit taking and 4-plex income. I’m learning for next year to keep money on the side for taxes purposes. 😛
Hi Vivianne,
An increase is an increase whether large or small. Even though stock splits do nothing inherently to a stock it does attract new buyers and those stocks have a tendency to go back to pre-split levels which is always nice.
Estimating taxes is never fun nor easy. I think it’s great that you have multiple income streams coming via rentals and dividends. Great way to diversify. Thank you for stopping by and sharing your thoughts.
Congrats, I have Wells Fargo and Unilevever too.
John recently posted…March 2015 Dividends
Hi John,
Happy to be a fellow shareholder with you in those two quality companies. Thanks for commenting.
Solid month and YOY increases! That’s a nice-looking portfolio you have. Of course, it’s always good to see common names (UL, AFL, MCD, JNJ, PEP, to name a few).
Wishing you, Mrs. DivHut, and baby DivHut all the best!
Seraph recently posted…Dividend Income and Goals Update, March 2015
Hi Seraph,
Thank you for your words of encouragement. Seems like we share more than just a few names for the month of March. These are the solid names that belong in any dividend income portfolio. Thank you as well for wishing Mrs. DivHut and baby DivHut well. Everyone is doing fine. I appreciate your comment.
Another great month with impressive YoY numbers. Keep up the good work!
Dividend Dreams recently posted…Stock Buy: TROW – T. Rowe Price Group
Hi DD,
Thank you for your encouraging words. There’s nothing more satisfying than tallying up the previous month dividend income. As always, I appreciate you stopping by and commenting.
Nice month! It is always nice to see that dividend income come rolling in. I am looking to add to my portfolio this month. Keep up the good work and thanks for sharing!
Financial Foarger recently posted…Recent Dividend Stock Purchase Emerson Electric
Hi FF,
By far these are the best posts to write and read. I have been quite happy with my first quarter tally for 2015 and at this pace I’m set to blow by my 2014 totals which is exciting to me. Thank you for stopping by and commenting.
That’s how you do it man, great looking numbers over the past. Glad to share several of these holdings with you and I’m eager to jump in to many that you hold and I don’t. Always enjoy your dividend updates, my favorite part of this whole dividend growth experience! Congrats!
Ryan @ My Dividend Growth recently posted…Dividend Update: March 2015
Hi MDG,
Thank you for your continued support and words of encouragement. I fully agree with you that these are the best posts to read and write and nothing says progress like real cash hitting your account each month and seeing the progress. We all know the phrase, “dividends don’t lie” and that is certainly the case. Thank you for your comment.
Wonderful to see 40%+ increases isn’t it? WOO WOO! Of course, it’s nowhere near as exciting as seeing the new life that you made… and seeing them gurgle and smile and laugh, and then poop everywhere, which at times is also cute… although not always HAHA
Keep up the good work and enjoy the sweetness of the baby divhut whilst it lasts, because boy does it go fast I tell you.
Cheers
M recently posted…Quarterly Review – Q1 2015
Hi M,
You said it. Dividends are nice but seeing your own child grow and advance each day and week is nothing short of amazing. Mrs. DivHut and I cherish every moment from the 3AM feedings and diaper changes to the cuddling and bath time. We heed every parent who says time goes by fast and realize that they all know what they are talking about. Thank you for stopping by and commenting.
This is my favorite topic of the month, dividend income update! Nothing beats a fresh dividends to start the month and repeat again the next month! Keep inspiring dude!
How’s little DivHut doing? I hope you guys are getting enough sleep.
FrugalityToFinancialFreedom recently posted…Vacation fund
Hi FTFF,
Happy to be an inspiration to you and others. We are all on the same journey headed in the same direction just at different points along the path. I know time goes by fast enough but I truly anticipate the beginning of each month so I can tally up my previous month passive income.
Baby DivHut is doing amazing. So fun to bathe him, have him nap on my chest and more. We handle the crying and diaper changes and love the sweet time too. Mrs. DivHut and I seem to be doing OK with sleep. It’s already been a month and so far so good. Thank you very much for asking about baby DivHut and commenting.
40% growth from last year is a darn good growth. If you were a company it would be well worth investing in you 🙂 And if you take into account how bad the market was so far, it is really a good result.
Martin@hellosuckers.net recently posted…Selling Seadrill (SDLP) & LGCY puts to add stock into my portfolio amid all negative sentiment
Hi Martin,
Thanks for that vote of confidence. I was not expecting such a high growth in my taxable account as my investments were mostly in my ROTH in recent months. But, as I mentioned in other comments, I think the snowball effect is starting to take hold especially with some companies as dividends are now buying whole shares with each distribution which only makes the compounding go faster without new investment capital. Thank you for stopping by and commenting.
I use that same compounding in my other accounts where I use DRIP and I can concur to that that it gets faster and faster. Love it.
Martin@hellosuckers.net recently posted…Is $SPX finally going higher or is more volatility coming?
I’m still amazed that more people haven’t caught on to the dividend growth model. It seems that the miracle of compounding is lost on many.
Congrats! DivHut for 40%+ yoy growth. You are generating serious dividend income and that too only few years back.
Keep it up!
PIM
Passive Income Mavericks recently posted…Dividend Income Update – March 2015
Hi PIM,
Thank you for your kind words. All it takes is patience and consistency when becoming a dividend income investor. I have been very pleased with my year over year growth and hope to continue this trend for many years to come. Thank you for sharing your thoughts.
Hey DivHut,
While I could only dream of receiving these number of dividends, I’m glad to see we share quite a few companies.
I received dividends of JNJ, AFL & MCD.
Congrats on the 43% increase. That’s amazing!
Best wishes,
DfS
Dividend for Starters recently posted…Dividend Income – March 2015
Hi DFS,
Always happy to know a fellow shareholder. Keep investing consistently and one day you’ll have your own portfolio of quality dividend payers. Thank you for your continued support and comment. Curious to see how next month’s year over year will show.
Congratulation great month. That enormous growth really motivates me to work harder. Keep up the good work.
Cheers,
BeSmartRich
BeSmartRich recently posted…Net Worth Update- March 2015 +$2,568 (+2.1%)
Hi BSR,
Happy to be an inspiration to you. Clearly everyone in the dividend growth community supports one another via interesting articles and portfolio updates. Adding as much fresh capital as you can will really help boost those year over year numbers as well as being consistent. My goal is to invest something every single month no matter where the market is. As always I appreciate your comment.
Solid month. Congratulations on the great passive income!
I recently set up a ROTH IRA account. Looking forward to building it up.
Thanks for sharing!
— MU
MU recently posted…Stock Analysis — Parker-Hannifin Corporation (NYSE:PH)
Hi MU,
Thank you for the support. It’s a very gratifying feeling tallying up the previous month of dividend income. My ROTH is quite small relative to my taxable account as it was started not that long ago. In time yours will grow too. Always nice receiving dividends without having to pay any taxes on it. Makes the compounding go that much faster. Thank you for stopping by and commenting.
Great year over year increase! I think anyone would take 42%. Have you been reinvesting your dividends, or do you use them to supplement your income?
The Professor recently posted…Stocks for the Long Haul: Dollar Cost Average and Reinvest Dividends
Hi TP,
For now and for many, many years to come I plan to reinvest all my dividends. I’m still in the compounding and growth mode for my dividend income. I am thinking about selectively reinvesting my dividends as that would be the only change I’d be doing with my dividend distributions for now. Thank you for stopping by and commenting.
DivHut,
You have put yourself in a nice place with regularly buying dividend paying companies. Being a new father knowing you are in a great position must feel great too! Congrats and well done.
Dividend SWAN recently posted…March 2015 Dividend Update
Hi SWAN,
Well as you know I am a fan of SWAN. It’s evident in the type of stocks I own in my portfolio and is evident by the fact that I am looking to create an ever increasing passive income stream. Thank you for you kind words and continued support.
DivHut,
Congrats on parenthood. I am sure this has been one of the best months of your life. Nothing will be better than watching your child grow up over the next year. It is crazy how much they grow and develop in the first 12 months!
You had some amazing YOY growth, very impressive. I love pumping my Roth with high dividend paying stocks. Watching the dividends accumulate tax tree is great and can make quite the difference once the compounding occurs for an extended period of time. Just wait until we are reading this post in 10-15 years!
Keep up the great work and congrats again on the new child and the dividend progress this year.
Bert
Hi DD,
Thank you for your kind words and support with my new child. In only one month we have already seen amazing changes in our little one. We are trying to savor each of these moments as we know all to well that time flies by fast and our lives are quickly viewed in the rear view mirror.
Looks like this year I’ll have a new retirement account for my stocks as money I had in long term CD’s I had in an IRA matured and were rolled over into an IRA account at my broker. I talked to my CPA about doing an IRA to ROTH conversion but the taxes were too high so I guess I’ll have three accounts now for my dividends, a taxable, ROTH and IRA. At the very least it will be nice to watch those investments grow tax free as you mention. I’m still continuing with my monthly buys and hope to report more great year over year increases. Thank you for stopping by and commenting.
Nice, a 41% increase from the prior year is impressive. As you know I own JNJ and plan to hold it for a while. I’m also looking at more BNS right now but it’s a bit high for me at the moment
Dan @ Our Big Fat Wallet recently posted…Top Canadian DRIP Discounts
Hi OBFW,
I’ll keep pumping as much fresh capital as possible to keep that year over year increase coming on strong and of course those dividend raises help a lot too in getting that snowball rolling. The Canadian banks are still high on my potential buy list for April but I’m also watching DOV among others. We’ll see how the rest of April pans out. Thank you for commenting.
Wow… 41.65% YOY for your taxable account and 42.67% YOY for your Roth is impressive! I do own some of the companies on your list… MMM is a company I do not own that I’m hoping to own someday as it’s a solid company in my opinion. Hope all is well with you and the family. Keep up the good work.
Hi ACI,
No doubt I am very happy with my year over year increase considering that my taxable account is starting to really become of decent size but it looks like the dividend snowball effect is starting to take hold of that account while my ROTH has been growing because of a lot of fresh capital being added. Love MMM too and would like to add more but waiting for a little better valuation. Seems like all the high quality names are never on sale. Thank you for stopping by and commenting and asking about my family. I am thankful that everyone is healthy and doing just fine.
Nice increase on your dividends from last year, long may they rise. Congrats on becoming a Daddy too.
Hi Laura,
Thank you for your kind words. Looking to continue the impressive year over year increases as long as I can. Of course, adding fresh capital helps a lot too. Being a daddy has been a great experience as well. I can’t believe my son is seven weeks already. I can’t blink… the time moves so quickly. Thank you for stopping by and commenting.