While the month of March has come and gone it did leave me a pretty special gift… a new huge dividend income record! I’m excited to share the results.
March Dividend Income
I’m going to keep this short and sweet (as this report is already super late).
Let’s get to it.
This month I received $1,448.56 in dividend income! On average, I was paid $27.33 from 53 different companies!! This month’s dividend income is a wonderful 185.5% increase over March 2107.
This is almost $950 more dividend income than last year! WOW! Small caveat – this gain was not from some super stock picks but just putting a lot of money to work.
Dividend Income - March 2018
|3/1/2018||Ford Motor Company||F||93.07|
|3/13/2018||Johnson & Johnson||JNJ||35.32|
|3/13/2018||Tractor Supply Company||TSCO||4.05|
|3/15/2018||Realty Income Corp||O||60.86|
|3/19/2018||Duke Energy Corp||DUK||34.05|
|3/27/2018||BHP Billiton plc (ADR)||BBL||32.95|
|3/29/2018||PowerShares Preferred Portfolio(ETF)||PGX||2.94|
|3/9/2018||Exxon Mobil Corporation||XOM||102.65|
|3/1/2018||Wells Fargo & Co||WFC||23.86|
|3/1/2018||J M Smucker Co||SJM||15.60|
|3/1/2018||W W Grainger Inc||GWW||38.40|
|3/2/2018||Costco Wholesale Corporation||COST||19.50|
|3/7/2018||United Parcel Service, Inc.||UPS||24.57|
|3/8/2018||Discover Financial Services||DFS||10.50|
|3/9/2018||Honeywell International Inc.||HON||20.12|
|3/10/2018||International Business Machines Corp.||IBM||97.50|
|3/12/2018||Walgreens Boots Alliance Inc||WBA||18.00|
|3/15/2018||HSBC Holdings plc PERP SUB CAP SECS EXCH PREF SHS SER 2 (United Kingdom)||HSEB||15.00|
|3/15/2018||Stag Industrial Inc||STAG||11.83|
|3/15/2018||Main Street Capital Corporation||MAIN||10.45|
|3/16/2018||Delta Air Lines, Inc.||DAL||30.05|
|3/20/2018||Dominion Energy Inc||D||50.94|
|3/22/2018||Home Depot Inc||HD||92.70|
|3/9/2018||Emerson Electric Co.||EMR||3.88|
|3/10/2018||United Technologies Corporation||UTX||2.80|
|3/20/2018||UnitedHealth Group Inc||UNH||3.75|
|3/21/2018||Unilever plc (ADR)||UL||11.58|
|3/23/2018||Lockheed Martin Corporation||LMT||6.00|
|3/29/2018||T. Rowe Price Group Inc||TROW||11.90|
|3/30/2018||Digital Realty Trust, Inc.||DLR||5.05|
|3/30/2018||Marriott International Inc||MAR||1.98|
|3/30/2018||Travelers Companies Inc||TRV||7.92|
|3/30/2018||Union Pacific Corporation||UNP||13.87|
|∑ = 1,448.56|
Here is a chart of my passive dividend income progress over the last 3 years.
The dividend portfolio has been updated.
Net Worth Report
I managed to increase my net worth this month after last month’s big decline!
Let’s do the numbers…
Well how about that, cash went up a little this month! After last months big hit from healthcare expenses, I’m overjoyed to be adding money back to our emergency fund.
The large cash balance is from our rental property sale. This money will be used to pay off the our primary mortgage. I’ve held off using the cash until I figured out exactly what we owe in taxes this year.
So, I learned a valuable lesson this year while doing taxes. Paying taxes on a sold rental property isn’t fun. The government makes you depreciate a rental property, which is great while you’re doing it. You know, it’s free money.
However, when you sell that asset, the goverment wants that free money back. Ugh. So, I had a gigantic amount to pay back to the government and I owed close to 15k this year!!!! Next months report will reflect that hit to the cash stockpile.
Other than that, rental property #2 is doing great and the tenant continues to pay on time!
There is absolutely nothing negative to be said about this month, even with having to pay the government so much. Net worth increased and dividend income made a new high. The best part is this new high should be close to to the new normal for three more months this year! I need to continue to keep my head up and find the best values the market is currently providing.