March 2017 Dividend Income
With the end of March it is that time again to reap dividends that have been planted and been blooming beautifully for the last four years now. Come to find out, when I calculated all of the numbers together at the end of the month of March, that it has been my biggest month ever. While it is really nice and makes my quite happy, really, it is no surprise. Simply, it is the math of compounding and planting new capital in order to bear additional fruits of dividends in the future. When I say it is the math of compounding, what I really mean is that I like to think of invested capital into a company stake and when it is paid out as in generational forms of distributions. The first generation of dividends that I initially reinvested dividends earn additional dividends now into the second generation. The second generation of reinvested dividends now produce even more third generation of dividends, on and on… You see, while the human mind has hard time comprehending such compounding especially in low numbers, in the end, low numbers produce high ones once they have been added over and over, especially over a long enough period where you can actually receive interest upon interest upon interest, over and over again. The gap between initial investment dividends and interest received dividends ever growing larger and larger where most of the dividends now come from previously reinvested dividends. Interest on interest, now that is true power of mathematical compounding! Hopefully, I got my point across, at least that is the way I understand and see it. Would love to hear your perspectives as well.
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. Here is the true from of investing, not speculation!
| Aflac, Inc. (AFL) | $25.37 |
| ConocoPhillips (COP) | $4.99 |
| Wells Fargo & Co. (WFC) | $8.10 |
| Mattel, Inc. (MAT) | $47.97 |
| 3M Co. (MMM) | $7.05 |
| Johnson & Johnson (JNJ) | $28.29 |
| Kellogg Co. (K) | $8.84 |
| McDonald’s Corp. (MCD) | $21.12 |
| Realty Income Corp. (O) | $10.22 |
| STAG Industrial, Inc. (STAG) | $5.25 |
| V.F. Corp. (VFC) | $6.86 |
| BlackRock, Inc. (BLK) | $10.14 |
| The Home Depot, Inc. (HD) | $7.12 |
| Lockheed Martin Corp. (LMT) | $27.49 |
| Waste Management, Inc. (WM) | $11.35 |
| Royal Dutch Shell (RDS.B) | $77.08 |
| Public Storage (PSA) | $16.00 |
| T. Rowe Price Group, Inc. (TROW) | $7.15 |
| Digital Realty Trust, Inc. (DLR) | $38.13 |
| PepsiCo, Inc. (PEP) | $20.39 |
| Travelers Companies, Inc. (TRV) | $6.70 |
| Union Pacific Corp. (UNP) | $28.10 |
| Total | $423.71 |
When statistically comparing last years dividend income total from March 2016 to March 2017, it represents a positive 25.2% for a year over year increased dividend growth. The growth difference from last quarter is positive 40.5% for a quarter over quarter increased dividend growth.
I will DRIP the following upcoming month: BKE, COP, JNJ, KMI, MAT, TROW & VFC.
The dividend income page is updated accordingly.
Thank you for reading & have a great day!
Awesome report Div Vet. I recently added JNJ and 3M Co to my portfolio. $423.71 is very impressive!!!
Glad I could provide some value. JNJ and MMM are two great companies and I only wish I had more ownership shares of them. Glad to have you as a fellow shareholders!
Cheers
Congratulations, DividendVet — a new record for monthly dividend income is fantastic. I’m hoping to do the same, but I haven’t yet figured out my totals for March.
Keep up the good work and happy investing!
Thanks FerdiS, should be interesting how well you did too, that is the great thing about this community, we are all learning from each other.
Take care.
Yes! Great month Dividend Vet. It is awesome that you set a record here in March. If that is the case, I cannot WAIT to see what June, September, and December have in store for you! Man, a 25% YOY increase is great! Keep it up and keep up the amazing work.
Bert
Thanks for support Bert, love hearing all of the positivism from you guys! As a community we are killing it.
Should be some good dividend increase here in April, which should boost me to higher levels. Also, that Tax Holiday for Apple needs to happen and bring all that $$$ home where it belongs for future company investments and distributions. 🙂
Keep up the good work on your end too!
Congrats on another great divi income month. A 25% YoY increase is impressive.
Much appreciated Nathan, the record month definitely caught me by surprise, but all that hard work put in the past was reaped today and forever in the future.
Good hearing from you.
DV,
Awesome month. The compounding effect is great! Thanks for sharing.
Scott
Indeed it is Scott and the pleasure is all mine.
Take care.
Ciao DV,
Looks like a very positive month! YoY growth is very important and you’ve got it spot on for sure there! Keep it up and best compliments!
Stal
Thank you Ciao. Absolutely, the YoY and QoQ dividend income just crushed it out of the part this March. Hope to continue by possibly trimming a few underperforming holdings and focus on quality.
All the best.
423 $ is a great result. You have the 500 $ mark in vision. !!
Congrats ! Have a great weekend !
Patrick
Thanks, it is a nice chunk of change. My vision is much higher than $500, but that too is in its time.
Thanks for stopping by!