Dividend Update: February 2015

The highlight of my month is tallying all of the dividend payouts that pour themselves into my brokerage accounts.  This is real cash that I can use however I want, and it arrives each month like clockwork.   I invest in and own companies that have histories of raising those dividends every single year.  Although my dividends totals are tiny at the moment, they’re growing every quarter and year as I make consistent contributions to my portfolio and reinvest all of my dividends.  I’m building an ever growing stream of income that will one day be used to pay all of my daily expenses.

In February, the total amount of dividends I received from six different businesses was $90.77. I used my dividend reinvestment plan (DRIP) for all it, making sure that next quarter will be even bigger.  Here’s what that looked like over the month.

2015_FEB_DRIP_V2

For now, I aim to lock in bigger payouts every quarter.  February’s payouts of $90.77 grew 3.69% over last November’s $87.54.  The growth came solely from dividend reinvestment and dividend raises; that’s impressive for only a 3 month time frame.  Looking back further, my payouts increased 55.30% from last year’s $58.45.  I shaded these values lighter on the graph below for easy comparison.

2015_FEB_DP_V3

While I haven’t yet hit a total of $1,000 in lifetime dividends, my goal is to receive $2,050 in 2015 alone.  I’ll have to collect an average of $170.83 each month to make it happen, and after two months I’ve brought in even less that with only $147.63 so far this year.   This slow start is expected and fresh contributions and dividend raises will take root to raise these totals as the year progresses.  Here’s how my dividends received goal looks so far.

2015_FEB_DR_V2

Once a year, and sometimes more, each business I own announces a dividend raise; this affects my portfolio in such a positive way.  Who can deny the power of an investment strategy where I get more raises than in my day job?  Here were dividend increase announcements from my portfolio in February.

2015_FEB_DI_V2

I was disappointed with Walmart’s second  inadequate raise in a row.  I typically expect at least a 7% dividend increase from businesses each year, and this was barely 2%…again.  Luckily, I have only a very small holding of this company in my Loyal3 account and won’t be adding any more shares until I see better increases in the future.  My total annual dividend income rises by over $6 when I include the 8.5% increase from United Technologies. Slow and steady is just the way I like it.

My lifetime dividends are tracked purely for inspiration.  It’s great knowing this passive cash flow routinely gets reinvested and starts making money of its own.  I can’t wait to look back several years from now and see how many dividends have contributed to my portfolios cost basis.

2015_FEB_LTD

I anticipate a big month of dividends in March.  Also by popular request, I’ll be releasing my portfolio and dividend payout spreadsheets as downloadable Google templates.  There will be a video tutorial to boot, so stay tuned!

What were your dividend totals in February?  Did you see good growth?  

Photo Credit: Jeremy Cai @ www.unsplash.com

My Dividend Growth

http://www.mydividendgrowth.com

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36 thoughts on “Dividend Update: February 2015
  1. JC

    $90 in a slow month is pretty good. Even though you haven’t hit $1k in lifetime dividends you’ll go flying past that this month. I was a bit disappointed with WMT’s modest increase as well so it’s probably time to look at them again and reevaluate. I didn’t have plans to add to my position anyways but I’d like to see what the numbers and management have to say. Best of luck in March!

     
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    1. My Dividend Growth

      I haven’t given this quarter as much love lately, but I’m happy it’s growing a little by itself. I’m eying AT&T to get it over that $100 a month barrier and it’s so interesting it got kicked out of the dow. I only recently invested in WMT, so I figured this was a strong possibility and should have known. I like a lot of the news coming from them lately though and am hopeful they’ll be able to ramp up growth again, but I guess now is not an ideal time for a dividend growth investor. Happy Friday, happy weekend!

       
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  2. roadmap2retire

    Congrats on the dividend income, Ryan. That $90 will do just nicely reinvested back in to grow that income stream. Keep up the great work…and wishing you the best in achieving your goals this year

    R2R

     
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    1. My Dividend Growth

      Thanks, R2R. Every little bit helps, right? I love thinking about the beginning stages of compound interest like this. Before I know it, these dividends will be able to buy full positions by themselves in a month. Have a great weekend!

       
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  3. writing2reality

    Dividends are an amazingly tangible way to appreciate the growth that a portfolio provides. I know I’m thrilled each month seeing all the passive income come pouring in. When you look at your cash inflows, you’ve come a long way in the last year and a half. At your current rate of growth, you’re going to be generating some serious cash in a couple of years. Keep up the good work!

     
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    1. My Dividend Growth

      Absolutely. I remember how clear the strategy became the first time I looked back several years on a dividend payout sheet. “Oh…that’s how you get rich.” I can also clearly see life becoming less stressful as the stream of income grows knowing I could use it in daily life if I ever needed to. It’s a great journey we’re on, W2R.

       
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  4. Dividend Gremlin

    Ryan,

    Solid month. That income is going to good use buying more shares, and think of it this way – you are almost above 3 figures in February – an off cycle month for most investors. In addition, looking at your portfolio post things are not going badly at all. That tax refund you got on accident too, well now you can just make a nice big buy (even though you would have rather had it a few months ago I am sure).

    Hope all else is good with that wedding coming up.

    – Gremlin

     
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    1. My Dividend Growth

      Hope all is well with you, DG. That tax return caught our savings up nicely and I’m almost back to my old bi monthly purchase schedule. It’s pretty great seeing the portfolio and dividends grow all by themselves over themselves, hopefully it hits that three digit mark soon. I think we decided on Greece for our Honeymoon! Excited to island hop. Not very typical, but so much history to see there. Have a nice rest of your weekend 🙂

      Best,
      Ryan

       
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  5. Tawcan

    Still pretty a solid month considering that’s money you didn’t have to do anything. I think that’s why dividend income is so magical in my mind. Your YOY growth is looking good. Continue investing money in your portfolio and in a few years you’ll look back at your $1000 lifetime dividend goal and laugh how small that goal is.

     
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    1. My Dividend Growth

      The passive part of the strategy is amazing, I couldn’t agree more. It’s rewarding to think that the decisions we’re making right now in our portfolios will pay off for the rest of our lives. In a few years we’ll both be laughing at all the numbers across the board and I can’t wait for that day 🙂

      Happy Saturday!
      ~Ryan

       
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  6. FFF

    Goodluck on your dividends, although you are behind based on the graph, March should be a solid month and Im expecting the graph to spike up. Keep up the great job!

     
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    1. My Dividend Growth

      Thanks FFF, I appreciate that. It was pretty cool watching the dividends ramp up at the end of last year, I was always far behind and never once thought I’d actually hit it and finally squeaked by in December. It shows the power of constant contributions. I’m wishing you a great March as well!

       
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    1. My Dividend Growth

      You’ll be at these levels in no time if you keep at it, John. I like the look of your blog and it’ll be fun to follow along. Wishing you all the best success and thanks for the comment!

       
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  7. Dividend Growth Journey

    Congrats a great month. $90 in the 2nd month of the quarter (which is typically the slow month) is impressive. I just compiled my numbers and barely hit the $100 mark. Like you, I am still behind on some of the goals and have to catch up on in the next few months.

     
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    1. My Dividend Growth

      We’re old hats at these goal things are just getting started. I have a feeling we’ll both be smashing them and readjusting throughout. Nice job hitting 3 digits! It’s awesome that will only grow from there. Keep at it my friend!

       
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  8. Vivianne

    3.69% increase and 99.77 for not breaking a sweat sounds really good to me. Looks like you buy quality companies. It makes sense to buy dividend stock now rather than wait until retirement and cash out a bunch of stocks each month.

     
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    1. My Dividend Growth

      Thanks for the great comment, Vivianne. I like that observation about not breaking a sweat, I’d much rather have these quality company’s do the work while I sit back and collect the rewards. I can’t wait for my portfolio to get bigger so that 3.69% becomes even more significant. How have I missed your well put together blog? I’m glad you checked in because now I have some reading to do 🙂

       
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  9. Dividend Diplomats

    MDG,

    Nice month – great/amazing growth from last year as well and I like that you are DRIPing, of course. You’ll be crossing $200 for February next year before you know! Nice month and keep it up.

    -Lanny

     
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    1. My Dividend Growth

      Thanks a ton, Lanny. I don’t normally focus on balancing payouts each quarter, so it’s a big relief knowing those drips and raises are always doing something by themselves. It’s wild to think of a slower month hitting $200 by then, it’s so comforting having the flexibility of growing payouts each month. You had an awesome month yourself, it was very inpsiring. Keep at it in March and I hope you get a few more breaks this month 🙂

      Best Wishes,
      Ryan

       
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  10. Marco

    Great progress for you and an impressive plot of your strong increasing dividends since 2013. I hope that this momentum will hold on for you! In the beginning time of building a portfolio the regularly cash savings and stock buying´s contribute a lot to the overall gain of the portfolio´s value. Nevertheless, this will change after some years, when the quality and progress of the selected companies will play the major role for the further portfolio´s development.

    Regards

    Marco

     
    Reply
    1. My Dividend Growth

      Thanks for the nice words, Marco. I hope I can keep this thing going too, hopefully my job situation remains stable. I can’t wait to get to that point you’re talking about when my portfolio moves by more than what I can contribute. That’s when I’ll know I’m really succeeding. Congrats on your blog, it’s looks great and I can’t wait to see you reach that critical mass point as well. Have a great week ahead!

       
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  11. Captain Dividend

    Your starting to make some serious progress which you can see in the charts. I have a feeling the curve on your lifetime dividend chart is going to have a strong curve up this year. Looking forward to those spreadsheets!

     
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    1. My Dividend Growth

      Thanks Captain, I’ve had all smooth sailing so far. I’m hoping I can ramp up the contributions again shortly and really see the cash start pouring in. Those lifetime dividends should more than double by EOY, which is pretty crazy. I love doing the payouts over time like this too, very similar to how you do yours. It presents the data so much cleaner. Thanks for the inspiration and have a nice week!

       
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  12. No More Waffles

    Ryan,

    Considering you haven’t started that long ago, $90 in a slow month like February is splendid work! What really caught my eye was the quarterly growth of over 3% simply because of increased dividends. Imagine if you were to keep that growth up… The sky would be the limit!

    Best wishes and looking forward to your next report,
    NMW

     
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    1. My Dividend Growth

      It’s always a great reminder to look at how far I’ve come, NMW. Even $90 could help out a good deal if I ever needed to tap into it. Luckily I should be able to blow past that point soon and move onto even more comforting numbers. With reinvestment and raises, it’s hard not to be super impressed by the magic of compounding and I can’t wait for the amounts to get even bigger. Thanks for checking in and I’m eager for your next posts as well!

       
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  13. M from There's Value

    $90 of FREE MONEY – not many people would say no to that. As long as that chart is still going up and to the right, then we’re all happy! Roll on those dividend increases later as the year progresses and you add fresh capital!

     
    Reply
    1. My Dividend Growth

      Hi, M. Thanks for checking in! I love that the $90 will just keep growing and always be free. What a great strategy. I’m so excited that most of my holdings announce those sweet raises over the next two months, they’ll really help with my goals. I love the look of your blog over there by the way and you’re invested in so many businesses I haven’t heard of which is wonderful. I’ve got some reading to do 🙂

      Best Wishes,
      Ryan

       
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  14. DivGuy

    With this reinvestment and the end of the quarter coming, you’ll soon be closer to your goals. As long as there is growth you’re on good track… so pretty hard to not be with dividend investing! 😉 What will you use to record your tutorial? Any particular program or tool? Just curious to see what other bloggers use.

     
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    1. My Dividend Growth

      That’s so true, DivGuy. I love that any increase is a good increase and it’s motivating to see. For the tutorial I’ll be using free Open Broadcast Software to record my monitor, a snowball blue mic to record my voice, and Adobe Premiere to edit it all together. Thanks for checking in!

      Best,
      Ryan

       
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  15. Dividend Diplomats

    Ryan,

    First off…Congrats in advance for crossing the $1,000 in lifetime dividends received. I am sure you have blown past that total by now and the great thing is that is just the beginning of many remarkable milestones in your investing career. Great progress and keep up the great work. You will reach financial freedom before you know it with this kind of exponential growth.

    March is going to be a HUGE month for you and will be a great benchmark for the rest of the year. I am looking forward to seeing your progress next month and the rest of the year as you march towards $2k.

    Bert

     
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    1. My Dividend Growth

      Hope all is well with you, Bert! Thanks for the congrats, you called it perfectly as I just hit my first $1K. With dividend reinvestment, that’s the equivalent of a full purchase that I didn’t have to make. Compounding is very real and magical and that’ll only get me to the next grand that much quicker. I passed $100 in a month for the first time in January and March looks like it’ll be just shy of $200 already, it’s wild how fast the dividend totals become tangible. I’ve been inspired by your swift progress as well my friend so keep at it!

       
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