March 2016 Dividend Income

Hundred dollar bills in dividend incomeIt is another record breaking dividend income month as I received the biggest dividend income check I ever have in an entire single month. The previous record was in September of 2015 when I collected a total of $304.24 in dividend income. This recent payout I crushed that record by 11.2%! This one actually took some time to tally it all up and to make sure the number is correct due to so many deposits. To tell you the truth, I knew that third, sixth, ninth and twelfth months of the year are my biggest, though I didn’t see it coming with such a bang. It is really motivating and inspiring to see the organic growth of the investments working together when you get these kind of months that I have only imagined in receiving one day. The best part of all of this is that the portfolio in only in its 4th year of infancy and it still has a lot of growing and compounding to do.

I enjoy publishing these monthly dividend income reports as I have gained a much better understanding in how much of my passive income is coming in every month and how much it is growing over time. For the month of March, I have received a total of 22 diversified direct deposits in the form of dividends straight to my brokerage account. That right there is also the most direct deposits I have ever received. I continue to diversify the portfolio and with diversification, not only do I receive extra safety in time when one security malfunctions, the other ones are right there to pick up the slack. Similarly what happened with COP and KMI, they both have decreased their dividends, but my income is still increasing due to new acquisitions and dividend raises from other holdings. Cheers to dividend raises!

  • Aflac Inc. (AFL) – $24.03
  • ConocoPhillips (COP) – $4.59
  • Wells Fargo & Co. (WFC) – $7.88
  • Mattel Inc. (MAT) – $18.55
  • Johnson & Johnson (JNJ) – $26.33
  • Chevron Inc. (CVX) – $8.73
  • 3M Company (MMM) – $6.66
  • Kellogg Co. (K) – $8.50
  • McDonald’s Corp. (MCD) – $20.00
  • Realty Income Corp. (O) – $9.63
  • V.F. Corp. (VFC) – $5.92
  • Waste Management Inc. (WM) – $10.95
  • BlackRock Inc. (BLK) – $9.28
  • The Home Depot Inc. (HD) – $5.52
  • Lockheed Martin Corp. (LMT) – $24.93
  • Royal Dutch Shell (RDS.B) – $41.36
  • T. Rowe Price Group Inc. (TROW) – $6.58
  • Digital Realty Trust Inc. (DLR) – $35.20
  • Public Storage Co. (PSA) – $13.60
  • PepsiCo Inc. (PEP) – $19.04
  • The Travelers Companies (TRV) – $6.10
  • Union Pacific Corp. (UNP) – $24.92

Total – $338.30

When statistically comparing last years dividend income total from March 2015 to March 2016, it represents a positive 20.4% for a year over year increased dividend growth. The growth difference from last quarter is positive 21.4% for a quarter over quarter increased dividend growth.

I have decided to DRIP the following this month: COP, CVX, KMI, MAT, TROW & UNP.

The dividend income page is updated accordingly.

Thank you for reading & have a great day!

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20 Comments

  1. Income Surfer on April 1, 2016 at 14:31

    Nice dividends and huge growth. Now that that ball is starting to roll, you’ll be shocked at much bigger/better it will grow. I hope you ahve a great weekend
    -Bryan

    • DividendVet on April 2, 2016 at 16:30

      Thanks Brian, I am definitely looking forward to more voluminous dividends in the longterm future.

      Have a great weekend!

  2. DGI portfolio manager on April 1, 2016 at 15:15

    Nice dividends compared to last months! Hope you will not need to “withdraw” funds anymore and compound will indeed take effect.

    • DividendVet on April 2, 2016 at 16:35

      That is the plan to not withdraw any of the growing funds, though I can’t promise that I will not need to do that in the future. Unless I buy an investment property, I don’t see that happening anytime soon.

      Take care.

  3. Captain Dividend on April 1, 2016 at 16:19

    22 companies, that’s some serious diversification DV. Grats on the new record!

    • DividendVet on April 2, 2016 at 16:38

      Thanks Captain, it is wonderful to get back into the record breaking spirit and it took 22 members of the team working together creating this nice chunk of cash. Gotta love it.

      Best wishes.

  4. Dividend Reaper on April 1, 2016 at 18:02

    Vet,

    The profits keep rolling in on that dividend train. Looks like you’ve had a solid bit of grow YOY for the month of March. Keep it up!

    -Dividend Reaper

    • DividendVet on April 2, 2016 at 16:40

      Yeah, I wish all of the months would be increasing at the pace as this one did, but it is what it is. The overall portfolio and dividend is increasing either way and there is no stopping this compounding machine.

      Thanks for the comment.

  5. Chris on April 1, 2016 at 19:04

    That’s a pretty healthy sum right there. It could handle 10% or more of the majority of Americans’ monthly expenses, which is pretty cool. I’m a bit behind you, but working on building up my own dividend income.

    • DividendVet on April 2, 2016 at 16:47

      Indeed it is, 10% of American consumerist spending covered is nice, but the more powerful realization of this income is comparing it to outside of the US. I think this month would be very closely enough to many of the people’s income in Europe (depending on the country).

      Just remember we all have to start somewhere and keep it consistent. Earn, Save, Invest. You will get there in no time.

      Good luck in your journey.

  6. JC @ Passive-Income-Pursuit on April 1, 2016 at 20:58

    Great stuff DV! 20% growth and a record for monthly dividends. There’s a lot to be excited about with that!

    • DividendVet on April 2, 2016 at 16:51

      Thanks for the support over the years JC, the growth is truly great, but seeing all of the dividend growth community reaping similar rewards is divine. I am ear to ear. 🙂

      All the best.

  7. DivHut on April 2, 2016 at 01:56

    Wow… looks like March 2016 is shaping up to be pretty awesome. I’m reading several updates touting record months. Congrats to you! It’s always nice setting new highs for passive income as well as sporting some nice year over year growth. Keep DRIPing and compounding returns. As always I love seeing common names paying out for a particular month.

    • DividendVet on April 2, 2016 at 17:03

      Hard work of disciplined saving is paying off, so I appreciate it. That is one thing I really like, save once and reap the rewards forever. Although, I think every month is awesome but this one is especially sweet. Perhaps we will see you jumping in this record breaking bandwagon?

      Cheers!

  8. Dear Dividend on April 3, 2016 at 08:18

    Great job! I hope to be at that point one day. You have good diversity in your portfolio.

    • DividendVet on April 3, 2016 at 11:51

      Much appreciated. Well it seems like you are on the right track, it just takes some time and capital to start working harder than you can.

      Keep up the good work.

  9. Investment Hunting on April 3, 2016 at 13:23

    BOOM! Congrats on the new record DV. You’re hard work and dedication is paying off and the snowball is rolling.

    • DividendVet on April 3, 2016 at 21:38

      Thank you. After three years of doing the DGI strategy, the hard work and dedication is coming in naturally. That is the wonderful aspect of positive habit building.

      Take care.

  10. MoneyWatch101 on April 8, 2016 at 15:39

    Hey new to the blog and congrats on the growth in dividends. I takes risk to make money, but with some dividends stocks its a no brainer to park your money and get great returns. Good luck in 2016.

    • DividendVet on April 8, 2016 at 21:37

      Always great to hear new individuals are finding my Dividend Growth Investing journey. I have a feeling 2016 will be special!

      Best to you too in 2016.

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