March is behind us; it’s time to look back and check on the dividends for the month. Given my strategy of DGI - it is really the dividend payouts that I care about. For each of the companies I invest in, I like to see a steady and growing stream of dividend payouts.
So how did I do in March?
Last month 21 companies sent me a dividend payout, adding up to a total of $282. That is definitely a record for me - and really getting close to $300 a month! Very pleased about this and my progress in building ever growing monthly dividend payouts.
The following table shows the tickers of the companies that made a March 2017 dividend payout to my portfolio. It features the dividend amount I received, the dividend per share and any change in payout as compared to the last payout moment.
| Ticker | Dividends Received | Dividend per Share | Dividend per Share Change |
|---|---|---|---|
| WFC | $13.30 | $0.380 | |
| AMGN | $20.70 | $1.150 | |
| UTX | $6.60 | $0.66 | |
| ROK | $7.60 | $0.760 | |
| EMR | $24.00 | $0.480 | |
| JNJ | $9.60 | $0.800 | |
| ADM | $12.80 | $0.320 | 6.67% |
| STAG | $5.83 | $0.1167 | |
| UL | $10.32 | $0.344 | -3.02% |
| DAL | $5.06 | $0.2025 | |
| VFC | $12.60 | $0.420 | |
| QCOM | $26.50 | $0.530 | |
| MGA | $13.75 | $0.275 | 10.00% |
| BBL | $36.00 | $0.800 | 185.71% |
| TROW | $14.25 | $0.570 | 5.56% |
| GILD | $13.00 | $0.520 | 10.64% |
| VTR | $12.40 | $0.775 | |
| GLW | $6.20 | $0.155 | 14.81% |
| CLDT | $11.00 | $0.110 | |
| CCP | $2.28 | $0.570 | |
| BP | $18.00 | $0.600 |
Some decent dividend increases here - big fan of these double digit growth numbers. Delving into these numbers a bit - the UL dividend did not decrease but was lower (as compared to last payout) due to the exchange rate.
And as much as I appreciate a 186% dividend increase by BBL, unfortunately this was due to the fact that the dividend was drastically reduced in 2016.
MGA, GILD and GLW proved to be steady and reliable double digit dividend growers. Having recently bought an additional 25 shares of MGA I am happy to see the dividend growth story continues.
Comparing the dividend payout of March 2017 to March 2016 (below) shows an increase from $146 to $282 - a YoY growth of 93%.
How was your March? Leave a comment/reply to share your thoughts!
Fantastic results. It is always good to see your passive income compared to last years income. And yours has been growing which is awesome. Keep up the good work!
Thank you buyholdlong! I like making charts to track my progress, it’s a great motivator for me to compare the yearly results. Starting with a DGI strategy can be a little disheartening as the early returns are so low, but now that I am in year 3 I see the dividend growth pace picking up.
Thanks for stopping by!
Always encouraging to hear as I am just starting myself, so I hope those increasing dividends do come in the future. Cheers
That is some list of companies paying you this month, nice work. Love seeing multiple ones grow their dividend over 10%. Noticed that huge jump of BBL on a few other bloggers as well. Hope that stays high and continues instead of just being a one time jump. Congrats on the solid growth as well. Cheers.
Dividend Daze,
By far my favorite type of post: looking back on the month and adding up all dividends. 21 companies - great number, especially combined with some hefty increases.
BBL remains sort of an odd stock in my portfolio - it is probably the most volatile. However, I am glad I didn’t sell back in 2016 when they reduced the dividend.
21 different companies that rocks and you got a good amount coming in. sometimes its wise to hold off selling when a company cuts its dividend other times you have to sell good to see you get it right. i usually get it wrong lol. Keep it up and you will make your goals.
Thanks Doug! I don’t like to sell dividend stocks - there was a reason I liked and bought them so there should be a reason I hold on to them. Exceptions being total dividend cuts, fraud etc.
Thanks for stopping by!
TI