The start of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. March was exciting as ever as my year over year numbers continue to highlight the trifecta magic of dividend investing which includes, adding fresh capital, dividend raises and basic compounding to create an ever increasing passive income stream. Even if I stopped adding fresh capital today and every dividend stock I owned kept all distributions flat, without a single raise, my passive income stream would continue to grow. With that being said, let’s take a look back at my March 2018 dividend income.
Dividend income from my taxable account totaled $679.27 up from $568.21 an increase of 19.5% from March of last year.
Dividend income from my ROTH account totaled $159.04 up from $140.58 an increase of 13.1% from this time last year.
Dividend income from my IRA account totaled $59.92 down from $98.46 from this time last year, a decrease of -39.1%. (Nothing wrong here. VTR used to pay in March last year which explains the year over year decrease along with CCP which no longer exists after the SBRA merger and a delayed LTC payout which came in April instead of March).
Grand total for the month of March: $898.23 an increase of 11.3% from March 2017.
Brokerage Account
Year to date dividends: $1,255.65
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 03/01/2018 | DIVIDEND:GWW | GWW | $18.89 |
| 03/01/2018 | DIVIDEND:BMS | BMS | $11.23 |
| 03/01/2018 | DIVIDEND:AFL | AFL | $93.38 |
| 03/01/2018 | DIVIDEND:WFC | WFC | $16.38 |
| 03/01/2018 | DIVIDEND:PFE | PFE | $16.66 |
| 03/06/2018 | DIVIDEND:SO | SO | $74.52 |
| 03/08/2018 | DIVIDEND:AMGN | AMGN | $2.66 |
| 03/09/2018 | DIVIDEND:EMR | EMR | $39.48 |
| 03/09/2018 | DIVIDEND:YUM | YUM | $21.58 |
| 03/12/2018 | DIVIDEND:MMM | MMM | $33.84 |
| 03/13/2018 | DIVIDEND:JNJ | JNJ | $37.65 |
| 03/13/2018 | DIVIDEND:ADM | ADM | $61.46 |
| 03/15/2018 | DIVIDEND:DOV | DOV | $21.85 |
| 03/15/2018 | DIVIDEND:MCD | MCD | $29.03 |
| 03/15/2018 | DIVIDEND:ED | ED | $53.18 |
| 03/19/2018 | DIVIDEND:VFC | VFC | $25.96 |
| 03/20/2018 | DIVIDEND:D | D | $57.62 |
| 03/21/2018 | DIVIDEND:YUMC | YUMC | $5.87 |
| 03/21/2018 | DIVIDEND:UL | UL | $9.11 |
| 03/23/2018 | DIVIDEND:KHC | KHC | $36.49 |
| 03/29/2018 | DIVIDEND:TROW | TROW | $3.60 |
| 03/29/2018 | DIVIDEND:GILD | GILD | $2.87 |
| 03/29/2018 | DIVIDEND:ALLE | ALLE | $5.96 |
| Total: $679.27 |
ROTH Account
Year to date dividends: $521.28
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 03/01/2018 | DIVIDEND:PFE | PFE | $3.09 |
| 03/09/2018 | DIVIDEND:EMR | EMR | $27.60 |
| 03/09/2018 | DIVIDEND:YUM | YUM | $6.29 |
| 03/12/2018 | DIVIDEND:MMM | MMM | $13.43 |
| 03/13/2018 | DIVIDEND:JNJ | JNJ | $7.53 |
| 03/15/2018 | DIVIDEND:MCD | MCD | $11.49 |
| 03/19/2018 | DIVIDEND:VFC | VFC | $19.13 |
| 03/21/2018 | DIVIDEND:YUMC | YUMC | $1.71 |
| 03/21/2018 | DIVIDEND:UL | UL | $46.32 |
| 03/23/2018 | DIVIDEND:KHC | KHC | $22.45 |
| Total: $159.04 |
IRA Account
Year to date dividends: $210.12
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 03/02/2018 | DIVIDEND:HCP | HCP | $59.92 |
| Total: $59.92 |
I have to say I’m quite pleased with my March totals. Who would complain about an 11.3% year over year increase? The proof of our dividend investing strategy rests in these real results. After all, dividends don’t lie. It’s real cash being returned to investors. With patience and consistency these results and better can be achieved. Just remember, sometimes investing with blinders on can be beneficial as it blocks out the constant noise we are bombarded with on a daily basis and keeps you focused on the job at hand which is to keep investing, not falling for market timing traps, diversifying, not getting shaken out of the market when it tumbles and just creating a solid, ever growing passive income stream.
Are any of these dividend stocks in your portfolio too? How was your March dividend income? Please let me know below.
Disclosure: Long all above
Solid results here Divhut, great to see your even grew dividend with one being switched into another month. You are certainly doing something right! Dividends indeed don’t lie.
Hi TCF,
Dividend payouts sometimes change from time to time but as long as they hit my account eventually I’m cool with it. Thank you for stopping by and commenting.
Good progress there, DivHut. Congrats and keep up the great work
R2R
Hi R2R,
Always appreciate the comment and continued support. Progress is the keyword when it comes to dividend growth investing.
Nice list paying you. Seems you had a good month and quarter overall. I am in the same boat with the LTC payment. But the position is small so it really doesn’t change growth numbers all that much. I agree, moving payments isn’t a loss. You just realize that growth in a different month. Keep up the good work!
Hi DD,
Thank you for recognizing my list of solid dividend income payers. It’s all about buying quality and riding out any near and mid term storms with an eye on the long term horizon. Love your updates too! Keep it up.
Congrats on an excellent month DH. Very impressive growth, and I like your description of the “trifecta“ of dividend investing. I never thought about it that way.
You own some strong dividend growth stocks that I was watching a few years ago but never bought – MMM and MCD are two examples. They should be solid dividend payers for years to come. Great work!
Hi DF,
There are so many great benefits to being a dividend growth investor but that “trifecta” magic has to be one of the best. It’s easy to take advantage of it by simply buying and holding quality companies. Thank you for stopping by and commenting.
DH,
Congrats an amazing March. Keep setting the example for all of us with your continue monthly purchases.
Dividend Pursuit
Dividend pursuit recently posted…Passive income March 2018
Hi Dp,
Thank you for that compliment. It’s much appreciated. In the meantime, I’ll keep doing more of the same which is buying consistently, reinvesting and enjoying those raises when they come.
Wow compared to my 21€/quarter this is huge 🙂 Why do your not FI yeat. You are 😀
Hi P2035,
It all starts with baby steps. From 21€/quarter to 21€/month to 21€/day and more. Just keep buying and building and diversifying.
Yee as for 1st year in US stock market not so bad. Damm 30% us tax. couls be even better 🙂
Awesome job. Lots of good companies paying and just shy of 900 a month. My month was awesome. Keep it up
Doug recently posted…March 18 Dividend report
Hi Doug,
Let’s keep encouraging one another with our regular posts and updates. I think it’s inspiring to see how far we have come along as a collective bunch.
Nice month DH! Great year over year increase too! Keep up the good work! 🙂
My Dividend Dynasty recently posted…March 2018 Dividend Income
Hi MDD,
That’s the plan. Month in and month out I hope to continue putting up nice year over year gains. Always appreciate the comment.
DH –
Great month of dividends, bottom line. Also – I like where the companies are located in their respective type of account. Just am so happy and impressed on the path you are on, and the dividends you receive throughout the year is just awesome.
-Lanny
Hi DD,
Thank you for those kind words and continued support. I’m glad you can recognize how my portfolios have been structured and built up over time. It’s still a work in progress though.
Another solid month, DivHut. Nice work. AFL certainly delivered a large amount. It’s one of the stocks I share with you. I agree that 11+% YoY growth is terrific. Your portfolio continues to power along, steady as ever.
Engineering Dividends recently posted…Monthly Dividend Income (Mar. 2018)
Hi ED,
AFL is one of my largest holdings and it has delivered over the years. It’s not leaving my portfolio anytime soon. Just keep it steady and let time and compounding work its magic.
Woot! 900 in a month? That is just sweet. Keep it up man. Clearly the raises, drips and new cash injections are working for ya.
Cheers
Passivecanadianincome recently posted…Gotta Get That Drip – New Buy
Hi Passivecanadianincome,
You said it. It’s what I call the trifecta of dividend investing. All you really need is patience and keep your hands off your portfolio 🙂
Awesome results DH. Almost 900 is nothing short of amazing. A testament to your hard work. Keep it going!
Hi MR,
I appreciate those kind words. These results are about a decade in the making. DGI, the marathon, at its finest. Thank you for commenting.
Hut, when I look at your portfolio I see a list of absolute studs. Your ability to stay disciplined is amazing and it really shows when you announce your monthly updates. $900 rolling back in the market! Great work!
Money Hungry recently posted…Why Investing is So Hard (and How to Fight the Urge to Quit)
Hi MH,
Thank you for those kind words. I love sharing my real world portfolios and you can see first hand that I do not panic sell, hold for the long haul, reinvest dividends and make consistent monthly buys. This is simply the result.
Almost $1000 now DivHut. Impressive! And the growth is also solid.
Stockles recently posted…Watchlist April 2018
Hi Stockles,
Thank you for your comment and continued support. My goal is to always put up year over year growth rates. Look forward to that $1K one day.
Looks like I’m late to the comment party here. Nice work. I like that whopper of a payment from SO. Tom
Tom @ Dividends Diversify recently posted…You Gotta Eat
Hi DD,
It’s never too late 🙂 SO has been delivering some larger returns as I added to that position while the utility sector crumbles.
Amazing month DH. You made a great point in your intro that regardless of what happens that through the drip your income will grow. You have a lot of good companies in your portfolio and im proud to be a fellow shareholder in a couple of them. Im excited to see what the future holds. Thanks for sharing.
More Dividends recently posted…More Dividends Update from March 2018
Hi MD,
I invest with blinders on. I just make consistent monthly buys, reinvest and hold steady no matter what’s going on in the market. It’s a strategy that served me well and caused me to not panic sell when things turned ugly ten years ago.
DH,
Very nice month. 11% is awesome, nice to see you brushing up against $900 in total for March, $1k is not far away.
– Gremlin
Dividend Gremlin recently posted…Recent Sale / Buy April and Other Developments, 2018
Hi DG,
I’m happy putting up a double digit year over year gain. It just affirms that my strategy is paying off over the long haul which is to create an ever increasing passive income stream.
Congratulations on another nice month, again. If you continue increasing your dividends so regularly, you’ll end up with some very nice passive income 🙂 Good luck keeping the increase up. You are not far away from breaking up the 1K barrier!
The Poor Swiss recently posted…How to integrate second pillar in my net worth
Hi TPS,
The goal is to keep building up my passive income stream share by individual share. It’s a long process but I know I’ll get there eventually. $1K is in my sight.
DivHut,
Great work! We are both just so close hitting that four digit mark in the month of March. I have hit the 4 digit mark in December for the last few years thanks for to some annual dividends received from previous mutual funds I’ve owned int he past. Last year, I hit the mark in June thanks to a special dividend from NGG. I would expect that you’d hit the 4 digit milestone relatively easy this same time next year primarily due to dividend increase and perhaps from a few more purchases in the intervening 12 months. Keep it up, it’s inspiring!
PIV
Hi PIV,
I know the four digit mark will come in time. One of my long term goals for my portfolio is to average $1K a month in income. Of course, I want this to come my way via regular dividends and not because of special payments that come every now and then. Let’s keep inspiring one another.
Good results! March is a fun month indeed for dividend investors.
Hi MIM,
We all love those end of quarter months the most. Now I look forward to tallying up my June results soon.
Nice work! A 11.3% YoY increase is really solid, considering the respectable amount of dividend income you received. Keep it up!
Hi SD,
I will never complain about a double digit year over year gain. Progress is progress and March did not disappoint.
Impressive progress, DH.
At that rate you’ll double your income in less than seven years. It’s so much nicer to rely on relatively predictable dividend growth rather than needing to be involved in the manic buying and selling of capital gains chasers.
Take care,
Ryan
Get Rich Brothers recently posted…Portfolio Review: Dividend Yields on Cost
Hi GRB,
I couldn’t agree with you more. There is a very comforting feeling about predictable and reliable dividend income. The whims of the market can whipsaw your net worth violently but dividends remain that even keel. Thank you for sharing your thoughts.
Wow big increase in the dividends, I remember the first few months and the progress is amazing.
EL recently posted…Give Back Story
Hi EL,
I’ll remain consistent with my buying each month and that usually equates to an ever increasing passive income stream. March was a good total. Now I look forward to my June results.