Dividend Update - February 2019
It's the end of one month and the beginning of another so it's time for my favorite update: my dividend update. These dividend updates reflect all dividends that I receive through my investing pursuits. I hope they can help inspire you to take control of your own finances and invest to build a passive income stream. What you use that stream for is up to you, whether it's to fund early retirement, just provide some FI/FU money, or even to provide for an annual vacation; the key is that it can provide options and open up all sorts of possibilities. You can check my dividend income or progress pages to see what dedication to an investment plan can give you.
February's dividends were solid, but not spectacular. My FI Portfolio produced $310.10 in dividends for February while my Folio First portfolio chipped in another $4.30. None of the holdings in my Roth IRA pay dividends in the mid quarter month so it was a goose egg from those investments. Combined the 3 accounts generated $314.40 of dividends in February.
Making Money While I Sleep
The power of joining the ownership class is that those companies can work much harder for you than you can. Think about it. By myself I have to devote my own time to my regular job in order to make money. However by buying a stake in a high quality business I now get to leverage my own time that I exchanged for money into companies that are working around the clock to make products or provide services for their customers. Those companies are working 24/7/365 which means that I make money even when I sleep.
During February the companies I own paid me $11.23 per day or $0.47 per hour. Year to date those numbers are $12.03 per day and $0.50 per hour.
FI Portfolio
As I mentioned above my FI Portfolio produced $310.10 in dividends last month. That's a 2.2% increase compared to November and a huge 16.1% increase compared to last February. Even better is that the year over year increase was 100% from dividend increases and some dividend reinvestment.
Dividend Raises During the Month
In February 8 of the companies I own in my FI Portfolio announced dividend increases. You mean a company I own a piece of, albeit tiny, wants to pay out more of their profits to me just because I own part of the company? Sign me up!
Combined those 8 companies boosted my forward 12-month dividends by $35.04. Thus far in 2019 I've received 14 increases from 54 of the companies within my FI Portfolio combining to increase my forward 12-month dividends by $83.23.
Looking Forward
My forward 12-month dividends for my FI Portfolio ended February at $6,832.27 while my FolioFirst forward dividends are at $97.85. That brings the total taxable account forward 12-month dividends to $6,930.12 My Roth IRA's forward-12 month dividends decreased to $414.23. Across all 3 accounts, assuming no dividend cuts or position size changes, I can expect to receive at least $7,344.35 in dividends over the next year.
Monthly Average
Below is the chart showing the monthly dividend totals for each year that I've been investing as well as the monthly average. It's not always an increase as some companies have weird payout schedules, as we saw above, and eventually some positions will get dropped, but the long-term trend is what matters.
The rolling 12-month monthly average for my FI Portfolio is at $532.44 per month which is $7.49 above 2018's monthly average of $524.95.
Dividends Received Breakdown
I've updated my Dividend Income page to reflect February's changes.
How are you dividends looking through the first 2 months of 2019?
Let me know in the comments below!
February's dividends were solid, but not spectacular. My FI Portfolio produced $310.10 in dividends for February while my Folio First portfolio chipped in another $4.30. None of the holdings in my Roth IRA pay dividends in the mid quarter month so it was a goose egg from those investments. Combined the 3 accounts generated $314.40 of dividends in February.
Making Money While I Sleep
The power of joining the ownership class is that those companies can work much harder for you than you can. Think about it. By myself I have to devote my own time to my regular job in order to make money. However by buying a stake in a high quality business I now get to leverage my own time that I exchanged for money into companies that are working around the clock to make products or provide services for their customers. Those companies are working 24/7/365 which means that I make money even when I sleep.
During February the companies I own paid me $11.23 per day or $0.47 per hour. Year to date those numbers are $12.03 per day and $0.50 per hour.
FI Portfolio
As I mentioned above my FI Portfolio produced $310.10 in dividends last month. That's a 2.2% increase compared to November and a huge 16.1% increase compared to last February. Even better is that the year over year increase was 100% from dividend increases and some dividend reinvestment.
Dividend Raises During the Month
In February 8 of the companies I own in my FI Portfolio announced dividend increases. You mean a company I own a piece of, albeit tiny, wants to pay out more of their profits to me just because I own part of the company? Sign me up!
Combined those 8 companies boosted my forward 12-month dividends by $35.04. Thus far in 2019 I've received 14 increases from 54 of the companies within my FI Portfolio combining to increase my forward 12-month dividends by $83.23.
Looking Forward
My forward 12-month dividends for my FI Portfolio ended February at $6,832.27 while my FolioFirst forward dividends are at $97.85. That brings the total taxable account forward 12-month dividends to $6,930.12 My Roth IRA's forward-12 month dividends decreased to $414.23. Across all 3 accounts, assuming no dividend cuts or position size changes, I can expect to receive at least $7,344.35 in dividends over the next year.
Monthly Average
Below is the chart showing the monthly dividend totals for each year that I've been investing as well as the monthly average. It's not always an increase as some companies have weird payout schedules, as we saw above, and eventually some positions will get dropped, but the long-term trend is what matters.
The rolling 12-month monthly average for my FI Portfolio is at $532.44 per month which is $7.49 above 2018's monthly average of $524.95.
Monthly Comparison of Dividends Received in my FI Portfolio |
Dividends Received Breakdown February 2019 |
How are you dividends looking through the first 2 months of 2019?
Let me know in the comments below!
100% YoY annual forward dividend is impressive!!
ReplyDeleteYou said it... make money while you sleep. Even with those inevitable cuts we experience form time to time the snowball tends to only grow. Great gains and nice to see more than a handful of companies paying us both last month. Keep it going!
ReplyDelete