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 2020 dividend income.
Brokerage Account
Year to date dividends: $3,262.90
| 03/02/2020 | AFL | AFLAC INC | $101.64 | |
| 03/02/2020 | GWW | WW GRAINGER INC | $20.16 | |
| 03/02/2020 | WFC | WELLS FARGO BK N A | $21.42 | |
| 03/05/2020 | ADM | ARCHER-DANIELS-MIDLN | $66.60 | |
| 03/06/2020 | AMGN | AMGEN INC. | $3.23 | |
| 03/06/2020 | PFE | PFIZER INC | $23.18 | |
| 03/06/2020 | YUM | YUM BRANDS INC | $27.73 | |
| 03/06/2020 | SO | SOUTHERN CO | $94.86 | |
| 03/09/2020 | LYB | LYONDELLBASELL INDS | $18.90 | |
| 03/10/2020 | EMR | EMERSON ELECTRIC CO | $41.00 | |
| 03/10/2020 | JNJ | JOHNSON & JOHNSON | $73.15 | |
| 03/12/2020 | MMM | 3M CO | $35.28 | |
| 03/16/2020 | ED | CONSOLIDATED EDISON | $58.14 | |
| 03/16/2020 | DOV | DOVER CORP | $22.54 | |
| 03/16/2020 | MCD | MC DONALDS CORP | $40.00 | |
| 03/18/2020 | UL | UNILEVER PLC | $9.03 | |
| 03/20/2020 | D | DOMINION ENERGY INC | $89.30 | |
| 03/20/2020 | KTB | KONTOOR BRANDS INC | $4.48 | |
| 03/20/2020 | VFC | VF CORP | $26.88 | |
| 03/25/2020 | YUMC | YUM CHINA HOLDINGS INC | $6.96 | |
| 03/27/2020 | BP | BP PLC | $1,028.20 | |
| 03/27/2020 | KHC | KRAFT HEINZ CO | $77.91 | |
| 03/30/2020 | GILD | GILEAD SCIENCES INC | $20.60 | |
| 03/30/2020 | TROW | T ROWE PRICE GROUP | $4.50 | |
| 03/31/2020 | BDX | BECTON DICKINSON&CO | $18.17 | |
| 03/31/2020 | AVGO | BROADCOM INC | $13.00 | |
| 03/31/2020 | PEP | PEPSICO INC | $33.43 | |
| 03/31/2020 | TT | TRANE TECHNOLOGIES PLC | $47.17 | |
| 03/31/2020 | ALLE | ALLEGION PUBLIC LTD F | $8.96 | |
| Total: $2,036.42 |
ROTH Account
Year to date dividends: $737.82
| 03/06/2020 | PFE | PFIZER INC | $7.22 |
| 03/06/2020 | YUM | YUM BRANDS INC | $7.99 |
| 03/10/2020 | EMR | EMERSON ELECTRIC CO | $28.00 |
| 03/10/2020 | JNJ | JOHNSON & JOHNSON | $7.60 |
| 03/12/2020 | MMM | 3M CO | $13.23 |
| 03/16/2020 | MCD | MC DONALDS CORP | $13.75 |
| 03/18/2020 | UL | UNILEVER PLC | $47.43 |
| 03/20/2020 | D | DOMINION ENERGY INC | $9.40 |
| 03/20/2020 | KTB | KONTOOR BRANDS INC | $2.80 |
| 03/20/2020 | VFC | VF CORP | $19.68 |
| 03/25/2020 | YUMC | YUM CHINA HOLDINGS INC | $2.04 |
| 03/27/2020 | KHC | KRAFT HEINZ CO | $14.59 |
| 03/31/2020 | PEP | PEPSICO INC | $19.10 |
| Total: $192.83 |
IRA Account
Year to date dividends: $221.20
| 03/31/2020 | AVGO | BROADCOM INC | $6.50 |
| 03/31/2020 | LTC | LTC PROPERTIES, INC. REIT | $5.72 |
| Total: $12.22 |
Dividend income from my taxable account totaled $2,036.42 up from $792.26 an increase of 157.04% from March of last year.
Dividend income from my ROTH account totaled $192.83 up from $182.92 an increase of 5.4% from this time last year.
Dividend income from my IRA account totaled $12.22 up from $5.80 from this time last year, an increase of 110.7%.
Grand total for the month of March: $2,241.47 an increase of 128.5% from March 2019.
I have to say I’m quite pleased with my March totals. Who would complain about a triple digit year over year increase (even with that nasty KHC cut from a while back)? 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 and with one rocky quarter under our belts let us hope that we’ll experience minimal to no dividend cuts.
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
That’s a massive amount of dividend. I see 1/3 of your income came from BP. Are expecting any dividend cut ? I sold half of my position.
Fantastic month DH! Way to break $2K in dividend income! Congratulations on a triple digit YOY growth rate too. That is super impressive! Keep it up! 🙂
My Dividend Dynasty recently posted…March 2020 Dividend Income Plus Recent Buys – WFC and EMN
You have a solid portfolio and indeed, dividends don’t lie. Without distributions like dividends, the stock market would be a zero sum game. Compounding income is a great way to build your portfolio even more.
We share at least 8 companies DH. Congrats on the massive triple digit increase from last year and the overall growth of your portfolio. As always, its truly an inspiration!
-Stay safe
Dividend Portfolio recently posted…3 Stock Buys and 1 Sell
Fantastic March! Breaking $2000 in dividends is awesome. That is my next goal. I always get such good ideas from your site too. MMM is high on the list as one of my next investments.
Scott
Scott recently posted…March 2020 Income
Comfortably crossing $2k has to feel great for a single month. Even better is the growth rate you’re on—128.5% when you’re already hauling in lofty totals is incredible.
Plenty of overlap in our portfolios with the U.S. names. Great that JNJ just rewarded us with a boost.
Take care,
Ryan
Get Rich Brothers recently posted…March 2020 Portfolio Update
Such a great post. Looks like a solid month report with those divvy increases, inspiring stuff – keep it up man. Now is a difficult time, and I hope that there will be no loss! I love passive income investment because it has got more advantages compared to disadvantages. Dividends are cool.
Congrats on crossing $2K in the Brokerage account, DivHut… that’s no easy task. I liked seeing AFL reach triple digits for you, too. Did you add to AFL recently?
With the recent dividend increase from JNJ, I’m sure you’re happy to have them as one of your larger holdings. Which other stocks in your portfolio do you feel pretty good about in the midst of this challenging environment?
As for me, I was able to cross $1,300 for the first time… so I’m excited about that. I’ll just keep the dividend income growing as best I can.
Engineering Dividends recently posted…A of I – Opinion regarding stocks retesting their coronavirus lows
I mean Keith, come on man. Stop delivering such awesome results and making all of us look bad. You continue to inspire with your hard work and strong dividend growth. Keep it up my man.
Bert
Fantastic March you had! Congrats on crossing $2k! Love there are so many payments for March.