Dividend Income

March 2017 Dividend Income

Dividends

There remains a lot to be desired of current market valuations, but this month around I enjoyed opening a new position in Richard’s Packaging, to increase the diversity of my portfolio and get back to making larger increases to my dividend income through investments after two purchases in low-yielding Apple stock.

This month also marks breaking through $3,000 in life time dividend income.

March marks a full two years of receiving dividend income from the stock market.

If we look over this period on average, having earned $3,050 in the two years I’ve received dividends has added $127 of cash flow through each of those months.

Going forward, I am now averaging $221 per month. A solid foundation has been set to build off.

Summary of March Investment Activities

Throughout March, I’ve purchased:

One of my holdings increased their dividend.

None of my holdings were sold to recuperate capital.

None of my holdings reduced their dividends.

Annual Dividend Income Update

Feb Net Increase Mar
Annual Dividend Income $2,552.11 $109.60
$2,661.71
Monthly Dividend Income $212.68 $9.13
$221.81
Percentage Increase +4.29%
YTD Increase +6.49%

March 2017 Dividend Income

Non-Registered Taxable Account
GWW $6.10
FTS $16.00
ZWU $7.02
WCP $2.80
IPL $5.81
EIF $13.13
ENF $8.56
AD $16.20
CWB $16.10
Tax-Free Savings Account
FTS $16.00
PLZ.UN $5.85
IPL $7.70
EIF $7.35
ENF $7.36
D.UN $5.63
DRG.UN $6.67
AD $14.18
RNW $19.07
HR.UN $5.06
CJR.B $9.98
Total
$196.57

Dividend Income Journey

Year-over-year Dividend Income Growth

YoY Change March

In March 2016, I received $98, and one year later my stocks have generated $197 in passive income. This year’s March income increased by $99, or 101% over last year’s.

After a two full years of receiving dividends I have no disappointments in the way my monthly income has grown. It will be exciting now to see what this third year of receiving dividends will have in store for me. With my cash hoard, I have no doubt the income can grow tremendously if the market reassesses its value.

Total Dividends 2017

Total 2017 Dividend Income

With a yearly dividend income goal of $3,000 for 2017, after March I am 21.7% of the way there.

I’m very close to the theoretical mark line I should be at to hit that goal, and now that I hope to refocus again on higher-yielding stocks I don’t see anything really getting in my way.

Total Dividends Lifetime

Lifetime Dividend Income

I’d like to keep track of my lifetime dividends as it will always be the largest number I can attribute to dividend income, and ultimately is all the passive income I’ve generated from the beginning of this portfolio to now. It’s a great chart to display exactly what you could accomplish when you save your earnings and invest in dividend growing stocks.

After 24 months of receiving dividends and 25 months of investing, I’ve generated above $3,000 in passive income. After March 2017, my record is now $3,050 in dividend income that I earned from having the foresight to invest my money in income generating assets. The great thing about this is that even if I stop investing now, that money will continue to flow into my bank account every month without me lifting a finger, and what’s more is that it will even grow as time goes on considering I took the time to invest in dividend growing companies with proven track records.

How was all of my fellow investors’  March 2017? Any new positions? Dividend raises?

Dividend Beginner

A 22 year old Canadian dividend growth investor striving for early financial independence; building as many passive income streams as early as possible.
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Added $100 in dividends from Richard’s Packaging
  • Very nice, I hope your dividend can continue to increase over time, that graph is very telling. It looks great to look back and see where you started (that’s where I am now) because it only grows over time and it is very exciting to me. Cheers

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My publishings on dividendbeginner.com references an opinion and is for information or entertainment purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. I am not responsible for any decisions you make concerning finances, taxes, or investments. You must perform your own research and always take caution when extending capital.