Lanny’s March Dividend Income

As time passes, so does a month of collecting dividend income.  I am astounded by the first quarter already being in the books and my busy season feeling like it is 80% over.  How wild is that?  My fourth full busy season is just about up.  Almost 900 hours later (that’s insanity in human terms) and I’m writing my quarter end, month of March Dividend post.  Enough about busy season, let’s talk dividend income!

dividend income

Dividend Income

This month, I received a total of $797.83.  This was a record March month and, thought I hate to admit, I am obsessed with quarter ends.  The excitement I have for the month of receiving dividends is unparalleled, as I know the majority of stocks pay during that time.

March div

Similarly, I have split out between the individual stock amounts and the retirement accounts, as the ” – R” indicates a Roth IRA dividend.  I separate these two, as I like to know what portion of my dividend income is coming from those retirement accounts that I cannot touch until 59.5 (barring any other usage rule I could use).  Here, it shows that I received a total of $305.10 or 38% of my income from retirement accounts and the other 62% was from my individual taxable account portfolio.  To see my portfolio – one can go to our portfolio summary page.

Comparison

Now, I look back at 2014 March’s total.  The total then was $615.32.  I have to talk about it, but referencing last March, just so happened to be my first dividend income post, ever, on this blog!  I cannot even describe that referring back to that article means us Dividend Diplomats are embarking on ONE YEAR of being online and in this community.  Sorry to digress to share the excitement and milestone, but DAMN we have come a LONG way.  Back to dividend income… Earning $797.83 is 29.66% higher than last year, receiving my last dividend from LO, as I finally made my decision to sell them and buy PM in place, as well as bearing the LARGE fruit of BBL, which I finished telling Mantra I almost forgot about them!  I am definitely digging the 30% growth from last year, as if I grow at that same rate – I’ll cross the illustrious $1K mark next year.  Looking forward to seeing a consistent flow of that.

Dividend Income Increases

I am going to pass on reviewing dividend income increases, as Chimera (CIM) increased a half cent, not providing and Realty Income (O) increase 5 hundredths of a cent, so very minimal here.  April, however, will be a fun review for this area.

Conclusion & Summary

As I discussed back then with my normal monthly expenditures at the moment, this $797 covers 84.6% of my average $942 monthly expense for my house, including utilities.  I am getting closer, I can feel it, if only February’s dividend income was there, as well as other months that are in the year!  What this shows though is I am On Track.  Hear that?  I am on track to being financially free.  I am on track to having more time, passions for life.  I am on track to show that dividend income investing works.  I am on track of pushing limits, being frugal to save 60% of my income, while achieving lofty goals set in place.  I am so damn lucky for all of you to help fuel the fire each day, and I am on track because of it.   I have updated the dividend income page to reflect these results, more to come baby!! How did your quarter end go?  Achieve what you thought?  Seeing the fruit from the seed being planted?  Any feedback or guidance?  Thanks everyone, you’re the best. -Lanny


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34 thoughts on “Lanny’s March Dividend Income

  1. I love the enthusiasm that you showed throughout this post! I too get the same excitement from the end of month dividend posts from all the bloggers. Especially end of quarter when the totals are supercharged!

    Keep up the great work! It is certainly paying off!

    ADD

    • ADD,

      Thank you very much for enjoying it! I hope it keeps churning more dividends and that June blows March out of the water, since they are similar months. I love the month end posts, anticipation of everyone’s milestones being reached.

      Thanks ADD, talk soon!

      -Lanny

  2. Lanny,

    Hell yeah!!! Now that’s kicking some serious ass! Keep fighting hard and you will have a $1,000 month in no time at all. You are so far ahead of 99% of the population, myself included, that it is not even funny. Keep at it and don’t fall prey to reading your “press clippings” Don’t look back because you aren’t going that way!

    Great stuff!

    MDP

    • MDP,

      $1,000 is within reach, June is always the next attempt at it, I’ve got to keep the push on.

      I like the analogy of not looking back because I’m not going that way – never really thought of it in that light but damn, you’re right.

      Obviously the same goes to you MDP, you’ve got the avalanche of dividends and I’m trying to be a part of it!

      -Lanny

  3. Lanny, great month! Congrats
    What an enthusiasm in your post. It gave me energy!
    Keep up the good work!

    And congrats on you DD anniversary! Love your site and posts.

    Cheers,
    Pollie

    • Pollie,

      Feeling that energy? I feel it too in the community, we are all making moves, together, it’s phenomenal. This stage keeps us on track and makes what we are doing more transparent to hold each other accountable. Goals Pollie!! WHooo!!

      Thank you Pollie, likewise to you, means a great deal to us.

      -Lanny

  4. Awesome Quarter Lanny. I’m very happy for you and excited because you’re loving this journey as well. It’s very enlightening to save our money and buying income producing assets. Just Awesome! I love it. Thank you for sharing this journey with us and I wish you continued happiness, wealth and health. Take care my friend and keep hustling hard. Cheers!

    • Hustler,

      Thank you so much. Trying to catch up to you my friend! You are one of the dividend receiving monsters out here in the field – so thank you and the rest for providing the motivation to, for lack of better words and to use Lebron – “strive for greatness”. Thanks DH, appreciate it.

      -Lanny

  5. Lanny,

    Great month. I too get antsy for certain months, specifically the 1st and 3rd months of every quarter always excite me a little more because at this point they are my strongest.

    Keep pushing your saving limits! That growth looks outstanding YOY.
    – Gremlin

    • DG,

      Thank you very much! I know where I want to hit and I’m extremely eager to get there, big time. Time will work for me, but also my contributions due to the savings efforts. It’s wild, when I include my savings, dividends reinvested + 401K, I’ve contributed over $8,150… it’s wild.

      Thanks again DG, lets stay after it!

      -Lanny

  6. Wow fantastic month you had Lanny! Just to show you that putting money aside to buy dividend growth stocks is well worth the effort. Keep up the good work.

    • Tawcan,

      I love being frugal and using those funds to buy strong dividend companies. What’s nice, is even if I am not able to save during a certain month – I know how much work I’ve put into the portfolio to make the snowball handle itself, it’s awesome.

      Thanks again Tawcan, talk soon.

      -Lanny

  7. Lanny,

    Much congratulations on your one year blog, on hitting another all time high, on an excellent high savings rate, there are so much to celebrate about! And most importantly, congrats on keeping on track to be financially free. Thank you very much for the motivation that the Dividend Diplomats provide to the community and to all your readers! I will be tagging along.

    Take care,
    FFF

    • FFF,

      Thanks for coming by and appreciate the congrats on hitting a new March record for dividend income!

      All about motivating each other, so I definitely have to thank you as well. I want to get there, so darn bad, it’s not even funny.

      Let’s keep at it! Cheers.

      -Lanny

  8. What better way to celebrate a year of awesome contributions to the dividend investment community than almost $800 in dividends! Very impressive, Lanny! Thanks for everything you’ve shared and supported over the past year, I really enjoy your writing style and I’m wishing you lots of continued successes!

    • Ryan,

      Thank you! I appreciate you stopping by and sharing the compliments, honestly though – it’s to try and hit these goals and you and the community help drive the passion further to hit them. I’m destined to hit that 1K mark and hopefully by December – I’ll be crushing over $1K on my quarter ends.

      Enjoy your writing as well Ryan, it’s all about having fun so let’s keep at it, no stopping us now!

      Talk soon!

      -Lanny

  9. Lanny,

    Congrats on the huge month. You crushed it over there!!! 🙂

    Even better, this is already buying you a good chunk of freedom. Lengthy workdays will one day be a distant memory for you. Keep up the great work!

    Best regards.

    • Mantra,

      Thank you! I appreciate it, it’s weird and felt lucky to grab that BBL dividend, as it represented a good chunk, ~10%, of the income this month. Still trying to find the next target out there, but I’m having fun with each purchase and each dividend received.

      Thanks again DM, talk soon!

      -Lanny

  10. Lanny,

    Good job once again! Very strong March showing from you. Congrats on reaching the highest March ever.

    Keep building that portfolio and income! You’ll be FI before you know it at this rate.

    Best wishes,
    NMW

    • NMW,

      Thank you very much for coming by. Do you also feel like each month that comes it ends up being that record high you’ve ever had for that month? Kinda funny how that all works, but at the end – it’s what we should expect given everything we do to build this cash flow!

      Thanks NMW, talk soon!

      -Lanny

    • DivGuy,

      Thank YOU so much for the support. Honestly, though, the time, the time is going by so fast that I can’t grip to where I am at. I just texted my buddy and said, damn, I need more dividend income. What’s wrong with me?

      Thanks again DG for stopping by!

      -Lanny

  11. I love that O continues to boost their dividend so frequently, even though it’s only by a fraction of a penny each time. It adds up in the long run, which is what I’ve got my eyes set on! 🙂

    Fantastic month – 84.6% of your expenses covered is incredible! The finish line is in sight!

    • Seraph,

      I’d have to completely agree with you. You never know when they are going to boost it, but they always sneak one in here and there, and it seems to be more often than not, hey – I’ll take it!

      Thank you very much for the congrats and stopping by, as always!

      -Lanny

  12. Fantastic month Lanny! Like others, I appreciate your energetic attitude towards this, I feel the same way when I tally up my quarterly earnings. It’s a great feeling and I think we’re all fortunate to be on this path together. Hope you have a great April and beyond too!

    – HMB

  13. Pingback: Lanny's March Income and Expense Summary

  14. Pingback: Lanny's March Dividend Income Summary - Dividend Diplomats

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