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 2019 dividend income.
Dividend income from my taxable account totaled $792.26 up from $679.27 an increase of 16.6% from March of last year.
Dividend income from my ROTH account totaled $182.92 up from $159.04 an increase of 15.0% from this time last year.
Dividend income from my IRA account totaled $5.80 down from $59.92 from this time last year, a decrease of -90.3%. Nothing wrong here. HCP used to pay in March last year which explains the year over year decrease as its payment has shifted to another month.
Grand total for the month of March: $980.98 an increase of 9.2% from March 2018.
Brokerage Account
Year to date dividends: $1,543.72
| Date | Description | Amount $ |
|---|---|---|
| 03/01/19 | WELLS FARGO & CO CASH DIV ON 42.33184 SHS REC 02/01/19 PAY 0... | 19.05 |
| 03/01/19 | PFIZER INC CASH DIV ON 49.36173 SHS REC 02/01/19 PAY 03/01/1... | 17.77 |
| 03/01/19 | W W GRAINGER INC CASH DIV ON 14.06002 SHS REC 02/11/19 PAY 0... | 19.12 |
| 03/01/19 | BEMIS CO INC CASH DIV ON 36.22872 SHS REC 02/20/19 PAY 03/01... | 11.59 |
| 03/01/19 | AFLAC INC CASH DIV ON 361.03290 SHS REC 02/20/19 PAY 03/01/1... | 97.48 |
| 03/06/19 | WABTEC CORP COMMON STOCK CIL ON 0.65608 SHRS CIL PAYMENT @71... | 47.20 |
| 03/06/19 | SOUTHERN CO CASH DIV ON 151.94059 SHS REC 02/19/19 PAY 03/06... | 91.16 |
| 03/08/19 | WABTEC CORP COMMON STOCK CIL on 0.65608 Shrs CIL Payment @74... | 49.00 |
| 03/08/19 | YUM BRANDS INC CASH DIV ON 59.23193 SHS REC 02/14/19 PAY 03/... | 24.88 |
| 03/08/19 | AMGEN INC CASH DIV ON 2.01339 SHS REC 02/15/19 PAY 03/08/19 | 2.92 |
| 03/11/19 | EMERSON ELECTRIC CO CASH DIV ON 81.63445 SHS REC 02/15/19 PA... | 40.00 |
| 03/12/19 | 3M COMPANY CASH DIV ON 24.16199 SHS REC 02/15/19 PAY 03/12/1... | 34.79 |
| 03/12/19 | JOHNSON & JOHNSON CASH DIV ON 44.27028 SHS REC 02/26/19 PAY ... | 39.84 |
| 03/12/19 | ARCHER-DANIELS-MIDLAND CO CASH DIV ON 184.36860 SHS REC 02/1... | 64.53 |
| 03/15/19 | MCDONALDS CORP CASH DIV ON 28.17815 SHS REC 03/01/19 PAY 03/... | 32.69 |
| 03/15/19 | DOVER CORPORATION CASH DIV ON 46.29389 SHS REC 02/28/19 PAY ... | 22.22 |
| 03/15/19 | CONSOLIDATED EDISON INC CASH DIV ON 75.64754 SHS REC 02/13/1... | 55.98 |
| 03/18/19 | VF CORPORATION CASH DIV ON 56 SHS REC 03/08/19 PAY 03/18/19 | 28.56 |
| 03/20/19 | DOMINION ENERGY INC COMMON STOCK CASH DIV ON 94 SHS REC 03/0... | 86.25 |
| 03/21/19 | YUM CHINA HOLDINGS INC COM CASH DIV ON 58.19852 SHS | 6.98 |
| 03/21/19 | ***UNILEVER PLC SPONSORED ADR CASH DIV ON 20 SHS REC 02/15/1... | 8.84 |
| 03/22/19 | KRAFT HEINZ COMPANY (THE) COMMON STOCK CASH DIV ON 58.75317 ... | 23.50 |
| 03/28/19 | GILEAD SCIENCES INC CASH DIV ON 16.04588 SHS REC 03/15/19 PA... | 10.11 |
| 03/29/19 | PEPSICO INC COMMON STOCK CASH DIV ON 35 SHS REC 03/01/19 PAY... | 32.46 |
| 03/29/19 | PRICE T ROWE GROUP INC CASH DIV ON 5.03842 SHS REC 03/15/19 ... | 3.83 |
| 03/29/19 | BECTON DICKINSON & CO CASH DIV ON 23 SHS REC 03/08/19 PAY 03... | 17.71 |
| Total: $ 792.26 |
ROTH Account
Year to date dividends: $588.10
| Date | Description | Amount $ |
|---|---|---|
| 03/01/19 | PFIZER INC CASH DIV ON 9.06644 SHS REC 02/01/19 PAY 03/01/19 | 3.26 |
| 03/08/19 | YUM BRANDS INC CASH DIV ON 17.06683 SHS REC 02/14/19 PAY 03/... | 7.17 |
| 03/11/19 | EMERSON ELECTRIC CO CASH DIV ON 56.43863 SHS REC 02/15/19 PA... | 27.65 |
| 03/12/19 | 3M COMPANY CASH DIV ON 9.06074 SHS REC 02/15/19 PAY 03/12/19 | 13.05 |
| 03/12/19 | JOHNSON & JOHNSON CASH DIV ON 8.04914 SHS REC 02/26/19 PAY 0... | 7.24 |
| 03/15/19 | MCDONALDS CORP CASH DIV ON 11.06999 SHS REC 03/01/19 PAY 03/... | 12.84 |
| 03/18/19 | VF CORPORATION CASH DIV ON 41 SHS REC 03/08/19 PAY 03/18/19 | 20.91 |
| 03/20/19 | DOMINION ENERGY INC COMMON STOCK CASH DIV ON 10 SHS REC 03/0... | 9.18 |
| 03/21/19 | YUM CHINA HOLDINGS INC COM CASH DIV ON 17.05819 SHS | 2.05 |
| 03/21/19 | ***UNILEVER PLC SPONSORED ADR CASH DIV ON 105 SHS REC 02/15/... | 46.43 |
| 03/22/19 | KRAFT HEINZ COMPANY (THE) COMMON STOCK CASH DIV ON 36.46748 ... | 14.59 |
| 03/29/19 | PEPSICO INC COMMON STOCK CASH DIV ON 20 SHS REC 03/01/19 PAY... | 18.55 |
| Total: $182.92 |
IRA Account
Year to date dividends: $254.08
| Date | Description | Amount $ |
|---|---|---|
| 03/29/19 | LTC PROPERTIES INC CASH DIV ON 30.51197 SHS REC 03/21/19 PAY... | 5.80 |
| Total: $5.80 |
I have to say I’m quite pleased with my March totals. Who would complain about an 9.2% year over year increase (even with that nasty KHC cut)? Stay diversified my friends.
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
Congrats on a solid month Keith. 9.2% YoY growth is quite solid. Almost hitting the $1k mark. 🙂
Hi Tawcan,
I look forward to that elusive four digit mark but I do see it in my future. Thank you for stopping by and commenting.
Nice work! Some of the names we share and there are others above that you’ve been receiving dividends from that I too would like to own some day like PEP, DBX, DOV, and MMM to name a few.
Passive Income Vortex recently posted…2019 March Dividend Summary
Hi PIV,
Just wait for that right time to pounce and you’ll get your chance to add those solid dividend payers as well. MMM seems like a beaten up play in recent days. Have you taken a bite?
nice hut.
A solid month and higher and higher incomes.
Gotta love it.
keep it up
cheers!
Passivecanadianincome recently posted…March 2019 Passive Income Update
Hi Passivecanadianincome,
Thank you for your comment and continued support. You said it best… higher and higher incomes. I do love it.
Hut –
Tired of scrolling down, looking at all those names. A very steady increase, almost 10%. You know what that means next March, 4 digits DH, 4 Digits…
-Lanny
Hi DD,
The magic four digit goal we all seek as newbie dividend growth investors. I see it in my future and as you already know in the meantime it will be same old, same old… buy every month, reinvest and enjoy those raises when they come.
Great month and great list of companies DH! Congrats! You’ll cross the $1K mark for sure next March. I just broke the $1K milestone this March and it felt great! But anyways, keep up the great work DH! 🙂
My Dividend Dynasty recently posted…March 2019 Dividend Income – The $1K Milestone
Hi MDD,
I await the feeling of crossing $1K. My next long term goal is to average $1K a month in passive income and definitely see it in my future. Congrats on your milestone!
Very Good Numbers for the month of March.Lot of common stocks between both of us.
Hi desidividend,
Always nice to see common names paying us both. For me it’s always interesting to see how others are collecting their passive income. As always, I appreciate your comment.
That is really an astonishing list of companies! Almost 10 % YoY increase is solid achievement and you were able to reach that even with the KHC dividend cut.
Dividend Deluge recently posted…Passive Income – March 2019
Hi DD,
Thank you for those kind words. Just goes to show that even with a cut a diversified portfolio can still achieve year over year growth.
Keith,
That is a big month, knocking on 1k. It is sweet to see that cash roll in, especially as it grows and grows.
– Gremlin
Hi DG,
How sweet it is! In the meantime it is more of the same for me… monthly buys, reinvest and just watch that passive income grow.
Congrats on another solid month Div Hut. Nearly a 10% increase from last year is great and you’re right about the importance of being diversified so that any one dividend cut from a dividend stock does not impact your portfolio too much!
Dividend Portfolio recently posted…Credit Score Restored
Hi DP,
If I wasn’t so spread out that KHC cut would have really taken a nice bite out of my monthly passive income. This way, I didn’t even feel it. Thank you for stopping by and commenting.
What’s not to love. Almost $1k despite the KHC cut and more then 9% growth with your numbers. Going strong!
Hi MR,
Exactly… Those cuts always hurt and they suck the big one… but with a diversified portfolio you can see that year over year growth is totally achievable. Thank you for commenting.
Congratulations with a fantastic month. Almost $1,000 in dividend income. Crossing that amount has to feel like a victory. I’m sure you’ll easily pass that line next year. Happy investing!
Hi dividendcompounder,
I take it one day at a time. That’s why I never look at forward income from dividends as it’s not guaranteed. Once paid in hand I know it’s real. Till then, it’s all an estimate. I look forward to that four digit mark one day.
Hi Keith,
as always amazing numbers and congrats on the yoy growth. Keep up the good work.
Cheers
Andy
Div.Income recently posted…Portfolio Update April 2019
Hi DI,
Thank you for those kind words. DGI = marathon investing.
Great month DivHut! So close to $1000 as well!
I love how diversified your portfolio is. The dividends from your brokerage account don’t even fit in the screen of my laptop 🙂
Keep up great work and stick to your strategy!
BI
Hi BI,
Thank you for your comment and continued support. My portfolio has been built up over a decade though honestly I am considering shuttling some stocks. Besides buying new companies here and there I have seen at least ten new stocks added to my account because of spin offs. For now I kept them all but I am considering a trim sometime in 2019.
Congrats on solid growth. $1000 is near!
Hi DSFI,
Thank you for those words. I will be excited to hit four digits, that’s for sure!
Four digit dividend income is coming!
Hi TT,
It sure is. I see it in my future. In the meantime, it will be more of the same which is making monthly buys and reinvest my dividends as they come.
Excellent progress, DivHut. $1K levels will soon be an ordinary occurrence for you as you steadily continue to grow your Portfolio.
Any thoughts on adding to your AMGN position and boosting their dividend contribution to your portfolio? Healthcare has been in the doldrums recently, but perhaps that offers a long-term opportunity.
Engineering Dividends recently posted…Recent Buy (GD)
Hi ED,
April and health has been a bad mix to say the least which is why I see many buys in ABBV, WBA, CVS and the like. I do want to boost my AMGN but not at current levels. In the same space I am looking at GILD and may make it my May buy.
Keith – Excellent month my man. Almost $1k. Pshhh. Wow, did you receive dividends from a lot of companies this month. On top of it, they are all pretty freaking stable companies if you ask me. Congrats again!
Bert
Hi DD,
I know that elusive $1K month will come. No rush. You know me… Just keep buying every single month no matter what’s going on and stacking those dividends. As long as year over growth is achieved I’m happy.