Bert’s Dividend Income Summary – February

February has flown by!  The 28 days came and left before I knew it.  With work hitting its peak, I was scraping to find time to track my portfolio and dividend income.  But don’t worry, there is always time to monitor your portfolio and keep a close eye on your progress.  With another month behind us, it is time to see take a look at my dividend income summary for the month.

dividend income

Dividend Income Summary

The theme of last month was progress.  As I compare each month from 2015 to the same month in 2014, I am finally starting to see the impact of all the purchases I have made over the last two years.  In January, my dividend income was 201% greater in 2015 compared to 2014!  While I know that will be tough to replicate, especially as I progress deeper into 2015, it is always nice to take a look back and see just how far you have come.   In February, I received $105.44 in dividend income, which is a 79% increase from February of 2014!   The table below breaks down my dividend income summary in greater detail.

dividend income summary

 

Over the last year, I have increased positions in some powerhouse dividend companies that pay a dividend in February.  I have re-upped a position in PG, initiated  a hefty position for my portfolio in HCP, and caught a dividend growth investor favorite KMI at a great time before they announced their consolidation and dividend growth plans.  While these investments are old news for my portfolio, as I have been receiving dividends from each of these companies for over half of a year, they were not present in my portfolio at this time last year.  Luckily, they will not be going anywhere anytime soon and will be staples in my portfolio for a long, long time.

While I saw an increase year over year, I saw a pullback compared to the same month in the fourth quarter.  As has been the same story over the last couple of months, this was due to my sale of ARCP in January, which was not only my largest dividend contributor but was a monthly contributor as well.  But don’t worry, I have re-mobilized those funds recently and will begin receiving the benefit from my three recent investments with the proceeds in the second quarter.   You know what I love about my purchases of HCP,  CZNC, and NWFL, besides for the fact that I believe I invested in three great dividend paying stocks?  All three companies pay dividends in the second month of the quarter.  As we all know, the majority of stocks pay out in the last month of the quarter; so it always great when I have the opportunity to invest in companies in an “off” month.  Look out February, May, August, and November, you are about to get a jolt in dividend income!  Looking ahead, it appears that I am on pace to now receive more dividends in the second month of the quarter compared to the third.  Wow!  It’ll be a close call, and it will most likely come down to the unpredictable dividend announcements at each quarter end.

Even though I know it doesn’t matter too much in the grand scheme of things, as a dividend is a dividend regardless of when you receive it, I am really starting to like how I am receiving a consistent flow of dividend incomes throughout the year as opposed to receiving minimal dividends the first two months of a quarter and a lump of dividends in the final month.  Why is this an advantage? Because if I ever decide to turn off my DRIP and use my dividend proceeds to cover living expenses, having a constant stream of dividends would assist in expense planning.  After all, you can’t pay most bills quarterly and need funds monthly to cover your expenses.  Plus, it makes following your portfolio that much more fun if you know you are receiving a lot of dividends each month!

Conclusion

Progress, Progress, Progress.  As I continue to compare monthly dividends from 2014 and 2015, I am really starting to see the growth in my passive income stream.  That’s the goal and I have known this progress has been taking place since I monitor my forward annual dividend income daily.  However, seeing progress in your actual dividend income receive really puts this all into perspective.  While I have taken a step back since November 2014, I have taken a leap forward from February 2015.  And at the end of the day, that’s what really matters.  Just keep the snowball rolling forward!

How were your months? How much has your dividend income grown in a year? Are you on pace to exceed your dividend goals after the first two months?

-Bert

Read More: Lanny’s February Dividend Income Summary

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16 thoughts on “Bert’s Dividend Income Summary – February

  1. Bert very solid dividend for February. A 79% increase from last year is very impressive. Just to show that all the capital that you have invested is getting your dividend income rolling. Keep up the good work!

    • Tawcan. Thank you very much, I appreciate it. Whats crazy is that 12 months is such a long time, that you forget how much capital you have put in the market. Hopefully I’ll be writing about a similar increase next year!

      Bert

    • Thanks DM, I appreciate it. I am hoping that the momentum will carry through the rest of the year. I hope the next ten months can be half as great as the first two.

      Thanks for stopping by!

      Bert

  2. Nicely done, Bert. It’s been so fun to watching your income kick into high gear after all that capital you put to use last year. Killer percentages. You’re doing such a great job, keep at it and thanks for sharing!

    • Thank you Ryan. That’s very kind of you. It is a blast and is becoming an obsession for me. If my dividend income remains stagnant for too long, I start to get antsy and want to make a move. A great, great problem to have, right? I’m glad you are enjoying the ride as much as I am. The journey to financial freedom is one heck of a thrilling ride!

      Bert

  3. Isn’t it just fantastic when you see these year on year increases?! Also, it’s cool to get money in the odd months! Here in the UK, most dividends are on a biannual schedule, passing in the summer and in November/December. However, there ate plenty of oddities to be that pay in the early half of the year. Of course, we can also invest in foreign companies with quarterly payouts like yours.

    Cheers!

    • M,

      It is amazing, I can’t believe how far I have come along in a year. It is always interesting looking at the dividend payments of foreign companies. It doesn’t seem as scheduled as it is here in the states, whether the dividends are less frequent or the amounts are changing on a quarterly basis (like GSK). You must love the two holiday months, especially considering how you are receiving a ton of dividends in a short period of time!

      Thanks for stopping by. I appreciate the kind words.

      Bert

  4. Bert,

    Nice YOY increase, in spite of the ARCP loss. Nice to see that and you guys both adding to your portfolio strongly of late. Its starting to look like this is a great time to put some funds into the market.

    Exciting stuff,
    Dividend Gremlin

    • Dividend Gremlin,

      Thank you very much. The market has given us plenty of opportunities recently, so we need to capitalized. Luckily for me, I have been fortunate that I have been working so much recently that I don’t have time to spend money and thus, I have some extra cash to throw into the market. You are right, it is turning into a great time to invest in the market. I may have pulled the trigger on a new investment today, but I won’t ruin the surprise!

      Thanks for stopping by.

      Bert

  5. Bert,

    Solid performance once again! The YoY growth is incredible, but that’s no surprise with the amount of capital that you’ve been putting to good use the past few months.

    Keep it up,
    NMW

    • Thanks NMW, I appreciate the kind words. I love comparing the YOY analysis just to show how far I have come in such a short period of time. I wish I had the funds to keep up that find of growth for the rest of my investing career. I might be able to retire by 30 if that were possible haha.

      Bert

  6. Bert,
    Nice growth YOY. February is one of the lower dividend months for me too. Can’t wait to see how you kill this March! Keep up the good work!

    Scot

    • Scott,

      Thank you very much. I love the enthusiasm. You had a great February as well. Last time I check a 93% YOY growth is amazing!! The last month is the quarter is my favorite month for dividends. It seems like I am receiving some every other day or a company is announcing a dividend increase. Let’s just say the March summary article should be a blast.

      Thanks for stopping by.

      Bert

  7. Congrats on another good month Bert…A triple digit month is a nice month in my book. Plus, that is another $105 to put to work for you and earn you even more dividends down the road. Look for to your next report.

    Wishing you continued success! AFFJ

    • AFFJ,

      Exactly! That’s why I love dividend investing. If I multiply the extra $105 by my portfolio’s average yield, I’ll receive about $4 in dividends next year. While it doens’t seem like a lot, I did not have to do one thing to earn this income….not one thing! I can’t wait till the day where the income growth from dividends is about the size of the dividends I am receiving now. That is a long long ways away, but if we all keep at it we will get there before we know it. Man do I love dividend investing!

      Thanks for stopping by. I appreciate the kind words.

      Bert

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