Dividend Update: March 2015

The highlight of my month is tallying all of the dividend payouts that flow 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 dividend totals are tiny at the moment, they’re being reinvested and growing every quarter and year as I make consistent contributions to my portfolio.  I’m building an ever growing stream of income that will one day be used to pay for all of my daily expenses.

  In March, the total amount of dividends I received from eleven different businesses was $197.73. I used my automatic dividend reinvestment plan (DRIP) for all of them except Target (TGT) and Unilever (UL) which I combined with fresh capital to purchase more shares of AT&T (T) & Coca-Cola (KO) during the month.   By selectively or automatically reinvesting dividends, I’m making sure that my future dividend payouts will be even bigger.  Here’s a snapshot of my dividend reinvestment activity over the month.

2015_MARCH_DR  I like to see growth every quarter, especially because I’m primarily automatically reinvesting dividends until the amounts I’m collecting each month are a little bit bigger.  In March, these dividend reinvestment’s alone added $7.76 to my 12-month forward income.  My total payouts of $197.73 grew 29.24% over last quarter in December, when I earned $152.99.  Looking back further, my payouts increased 555.39% from last year’s $30.17; that’s pretty phenomenal growth in a relatively short time period.  The dividend growth strategy speaks for itself when looking at my updated dividend payouts chart.

2015_MAR_DP2  I have a goal to receive $2,050 in dividends during 2015.  I’ll have to collect an average of $170.83 each month to make it happen, and after these first three months I’ve averaged $115.12 with a total of $345.36 so far this year.  This slow start is expected and fresh contributions and dividend raises will ramp up these totals as the year progresses.  Here’s how my dividends received goal looks so far this year.

2015_MARCH_GOALSDR   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 March.

2015_MARCH_DI  Bank of Nova Scotia (BNS) continued its multi-century dividend streak of maintaining or growing dividends when they announced a 3% increase this quarter.  The company typically increases their dividends twice a year, and this tradition continued as we saw a year over year increase of 6%.  Coca-Cola (KO) announced their 8.2% increase in February; even though I only became a shareholder as of March, it’s still worth noting in this update.  Realty Income (O) continues to impress with its rich 22 year dividend growth history, and the increases seem to be announced almost monthly; in March, they announced another .26% increase.

Also worth noting is Baxter International (BAX).  I recently bought more shares and I mentioned the possibility of a dividend freeze or even a cut with the impending spin-off of Baxalta.  It turns out David Fish, who maintains the CCC list that most dividend growth investors use, agrees with me and wrote about it in his article “Overdue Dividend Increases And Other Streaks In Jeopardy.”  I am not concerned about this possible lack of dividend growth because I hold this business in my long term ROTH IRA and am looking forward to the company unlocking plenty of shareholder value just like they’ve done in the past.

  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.  This month the number increased to four digits for a new total of $1,179.70.

2015_MARCH_LD  It was a big month for me, and I can’t believe I’m already approaching $200 in a single month.  My consistent contributions are massively paying off, and I could already pay for a few expenses with this income if needed.  The best part is that this is just the beginning, and I’m excited to look back several years from now and see how my dividends have grown.

How were your dividends in March?

My Dividend Growth

http://www.mydividendgrowth.com

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37 thoughts on “Dividend Update: March 2015
  1. Zero to Zeros

    Wow dude, looks like you had a killer month! $200 in divis would cover my entire monthly car payment, haha!

    It’s awesome, so many fellow DGIs seem to have had fantastic March payouts. Those end-of-quarter divis always tend to pack quite a punch, don’t they? 😀

    “Who can deny the power of an investment strategy where I get more raises than in my day job?”
    Hahaha I love this, what a great way of thinking about it!

    Keep up the great work as usual Ryan.

    Cheers brother

     
    Reply
    1. My Dividend Growth

      Killer indeed, Alex 🙂 Nothing bad about a new all time high (though I hate to say that because at least every third month is an all time high, hehe.) This quarter seems to be the bread and butter for sure, but I’ve also been sneaking in other purchases that should boost me up in the other quarters too. Hopefully I can hit at least $100 a month by the end of the year.

      Last year I came close on my day job when I got a 26% raise, but I had to physical go to work every day and I got several of those raises on my dividend holdings for doing nothing. So it’s always better to be an investor!

      I appreciate your support, my friend! You’re off to a fantastic start, now you just need to pay that car off ASAP so you can use that cash flow for investments.

      Best Wishes!

       
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  2. roadmap2retire

    Thats an awesome rate of progress, Ryan. 555% increase since a year ago – Wow…I am truly inspired by your dedication. Congrats on hitting close to $200 in dividend income. Keep up the great work!

    R2R

     
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    1. My Dividend Growth

      I bet you remember just starting out and having insane numbers like that, R2R. It feels pretty awesome, and I’m still pushing hard. I wish the market would stop this rebound so I can make a few more purchases! I suppose that’s a good problem to have, hehe. Thanks for the support, my friend!

       
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  3. Dividend Gravy

    Nice work, Ryan. It’s great to watch our dividend income increase over time. The “snowball” gets bigger and bigger. Twenty years from now, I’m betting you will be amazed. Make sure you keep these articles archived somewhere so when retirement comes you can look back and see where it all started.

    Steve

     
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    1. My Dividend Growth

      Good to hear from you Steve, and thanks for the encouragement. I’ve been at it just a short while, but I agree those month to month increases are so awesome to watch. Man… can you imagine if I were able to keep up the contributions at this pace for 20 years?? I’d be a millionaire several times over. Hopefully I reach FI well before then, but who knows. I’m trying to take it one day at a time, but it’s hard not to look ahead at the math like that sometimes! Hopefully everyone in this great dividend investment community will be riding high at that point. Keep up that great work yourself over there and I’ll be checking in on your page soon 🙂

       
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  4. Ron

    Awesome job Man! Keep those investments growing! I know you’ll reach your 2015 dividend goal, and surpass it. I slowly want to get my Loyal3 account to average over $10/month so then it can just be on autopilot Thanks for sharing!

     
    Reply
    1. My Dividend Growth

      Loyal 3 is excellent for smaller amounts like that, Ron. I’m hoping you’ll get there before you know it. I know I never would have thought I’d already be this far along. Once you see the numbers rolling, you’ll get even more inspired. Your support means so much, and thank you for stopping by!

       
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  5. Dividend Gremlin

    Ryan,

    Solid growth YOY and from last quarter. You should come close to you year end goal, and hopefully your dripping and new buys feed into that. Almost topped $200 last month and I bet that felt real good.

    Keep tearing it up,
    Dividend Gremlin

     
    Reply
    1. My Dividend Growth

      Gremlin,

      Thanks for that, bud! I’m barely hit that goal last year, and it took twice the invested capital as I originally thought it would. I’ll be curious to see if I learned a bit about those expectations this time around. I hope to smash it! I also hope you smash through the amounts you’re thinking you’ll earn. We’re in it together and I’m excited to see where you invest next 🙂 Always glad to hear from you!

       
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  6. FrugalityToFinancialFreedom

    Congrats on a great month and hitting another all time high! I love the first two graphs, very useful and clean! I also love the chart and the forward dividend added from your dividends. Thats the magic of compounding interest! Thank you for sharing my friend!

     
    Reply
    1. My Dividend Growth

      I love a strategy where we typically earn a new high income at least every third month. I can’t quite think of anything else like that and it’s so motivating for me to keep at it. Thanks for the compliments on the charts, the forward income part is new but I think it’s worth looking at especially once I move toward selective reinvestment’s. Thank you for the support and I’m excited to continue watching your amazing progress!

       
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  7. JC

    Great job Ryan. Nearing in on $200 for a month. I know you’ve already been amazed at the power of sticking with DGI and it’s just going to look even better in the coming years when you get to see just how fast those dividends start piling up. Keep up the good work!

     
    Reply
    1. My Dividend Growth

      Amazed is an understatement, JC. I couldn’t come up with a word to define it if I tried. I’m in it for the long haul. 100%. It’s been so inspiring following in your footsteps. As you know, I’ve been following your progress for so long now! If I can achieve half of what you have in your time frame I’d be a very happy camper. Thank you for all the support my friend and I’m always sending positive thoughts your way.

       
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  8. FerdiS

    Thanks for sharing, Ryan, and congratulations on a great month. Keep it up and soon you’ll be rolling in it 🙂

    Personally, I prefer to buy shares in about equal-sized $ chunks rather than DRIP. I want to track yield on cost for purchases individually and having small DRIP purchases just complicates things for me. I do understand the advantages of DRIPing, though.

    Take care!

     
    Reply
    1. My Dividend Growth

      I appreciate your point of view, Ferdi. Thank you for the kind words of support! Hearing from experienced investors like yourself is very helpful to someone newer like me. I like the idea of an automatic drip based more on attractive current valuations and overall weighing. Though, you never know what’ll happen in the time from the ex-dividend date to the payout date and the valuation could dramatically and I’d be full of regret. I do hope to be much more selective as the amounts get bigger, but perennial lower valued stocks like AFL make complete sense to me to drip while my account is still so tiny. Thanks for the great comment and I’m wishing you a great finish to the week 🙂

       
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  9. Dividend Diplomats

    MDG,

    That’s what I like to see! Defying odds, making gains and increasing your position towards your goals. You’ll hit it, I know it. Only one quarter in and 3 to go – gear up for playoff time son! Nice job and keep up with consistent purchases as you see fit. So pumped for you.

    -Lanny

     
    Reply
    1. My Dividend Growth

      I like that comment, it makes me sound like an NFL player or some other elite athlete! Spring training is almost done, and then I hit the field for REAL, hehe. Thanks a ton Lanny, your support and enthusiasm are always infectious and can lift up any one reading your words!

       
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  10. Dividend Mantra

    Ryan,

    You’re doing fantastic! Just an incredible start, especially considering how long you’ve been at it.

    Keep killing it, man. 2015 is shaping up to be pretty epic! 🙂

    Best regards.

     
    Reply
    1. My Dividend Growth

      Thanks for that, Jason! I’m waaay further ahead than I ever would have anticipated. I think that’s mainly due to the complete confidence I have in the strategy–thanks in a very large part to you, my friend. I love reading reports and learning new things every day. I use to think it’d be impossible to learn all of this and now I see it’s not and I’m hooked. I never would have thought investments and research would be so fun and extremely rewarding. You’re setting such a great example over there regarding what’s possible if you set your mind to it. Thanks for all the support you give us little guys!

       
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    1. My Dividend Growth

      We’re all quite well these days, you included DD 🙂 I’m really hoping to still be around and contributing that far from now… the numbers will be huge! You better be right there with me, my friend!

       
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  11. Dividend Growth Journey

    Ryan,
    Great set of numbers. You are almost touching the $200 mark and should be able to hit it very soon. Like you, I am slightly behind on the goal as well. But with additional investments and dividend raises, you will be able to hit the goal. Go for it. Like your lifetime dividends graph and it will be interesting to see the graph skyrocket and reach higher and higher.

     
    Reply
    1. My Dividend Growth

      I can feel that $200 coming soon and it’s sure awesome, DGJ! We’re old hands at these goals now my friend, I remember both of our beautiful swings upward toward the end of 2014… I expect a repeat from both of us…or else!!! Hehe. It’s always nice of you to check in and I’m excited to watch how this next quarter plays out for you!

       
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    1. My Dividend Growth

      Haha, thank you much! I like your blog and just read your about page. I completely relate to every part of it! I’ll be stopping by to push you just like others in this awesome dividend growth community have pushed me and we’ll both never live paycheck to paycheck again!

       
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  12. Dan @ Our Big Fat Wallet

    Nice work…..March was a good month for my dividends as well since there were a few from Q1 so I’m hoping it doesn’t go down next month. I just started tracking (and publishing) my monthly dividends so it will be cool to see the growth over time

     
    Reply

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