Dividend Income – February 2015

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We are into our second month of 2015 and my dividend stocks have been hard at work for me this year.

The thing I love about investing in dividend stocks is that they never stop working hard for you. Even last weekend when I was on a mini vacation with my wife – my stocks kept working to earn my family more income.

My portfolio of stocks works for me while I am sleeping or when I am spending quality time with my kids. They are working for me all year round and never stop.

Because my stocks continue to work hard for me 24 hours a day, 7 days a week – I have gotten greedy. I want to buy even more stocks that will continue to work hard for me. This is the reason why I am putting so much effort into building our portfolio in 2015.

Enough about my love for dividend stocks, here are my results for February, 2015 –

2015 February Dividend Income Results

February has always been one of the slowest months for me when it comes to earning dividend income. This month was no exception to that rule, although I have seen growth compared to the last several years.

All of the companies that I currently own stock in pay quarterly dividends. This means that some months (i.e. March) I see spikes, while other months I see dips (i.e. February). The nice thing is that this months dip wasn’t as low as last years dip in February. That is a great sign of growth in my overall portfolio.

Here are my dividend income earnings for the month of February from the past 3 years –

  • February 2012 – $25.26
  • February 2013 – $36.20
  • February 2014 – $35.68

February 2015 Dividend Income – $46.16

As you can see from my previous years results, I saw a little decrease between 2013 and 2014. This was because of selling off a stock in my portfolio that generally paid a dividend during the month of February.

I was able to rebound nicely this year with a 29% increase compared to last year. That is a positive sign that my portfolio is growing nicely.

Note – All of my dividends I currently receive are reinvested into new shares of the same stock using DRiP – except those purchased through my LOYAL3 account.

Here is the breakdown of dividend income (by stock) in February, along with the number of new shares added from DRiP –

  • The Clorox Company (CLX) – $23.68 (.22 shares)
  • Lowe’s Companies Inc. (LOW) (LOW) – $5.61 (.08 shares)
  • The Proctor & Gamble Company (PG) – $11.21 (.13 shares)
  • Verizon Communications Inc. (VZ) – $5.66 (.10 shares)

New Capital Invested in February

Here are the new investments I made in February –

  • $592.30 lump sum investment in Aflac Inc. (AFL) – 10 shares
  • $50 automatic investment in Kellogg Company (K) – .79 shares
  • $50 automatic investment in Microsoft (MSFT) – 1.18 shares
  • $50 automatic investment in Unilever (UL) – 1.17 shares
  • $50 automatic investment in Verizon (VZ) –
  • $25 automatic investment in WalMart (WMT) – .30 shares
  • $250 automatic investment in Exxon Mobile (XOM) – 2.78 shares

During February, I continued all of my monthly automated investments that I made in January. These include $50 investments in Kellogg Company (K) , Microsoft (MSFT), Unilever (UL), and Verizon (VZ). I also made my $25 monthly investment in WalMart (WMT) and $250 automated investment in Exxon Mobile (XOM). All of these automated investments were made through my LOYAL3 account, with the exception of Verizon (Computershare) and Exxon Mobile (Computershare).

I also made a lump sum investment in Aflac (AFL) for $592.30. I think the stock is offering great value for a blue chip company right now and I will continue to invest lump sums of money until I build up my position. Because of my new Robinhood account offering commission free trades, I feel comfortable buying shares of AFL without a large onetime investment.

The total amount of new capital invested in February was – $1,067.30

Here are my new investment totals for the year –

  • January Investments – $475.00
  • February Investments – $1,067.30

New 2015 Investments – $1,542.30

Final Thoughts

The dividend income earned in February ($46.16) from 4 stocks was another small forward step towards meeting our 2015 investment goals. Our goal for this year is to earn $1,500 in dividend income.

To date, we have earned a total of $131.60 in dividend income for 2015. At that rate, we wouldn’t even match what we earned last year. Fortunately, we haven’t hit our big 4 months yet (March, June, September, and December), which should account for over half our dividend income we will earn this year.

On a positive note, our 3-month rolling average continues to increase. The average of the past 3 months makes it easier to track month to month totals. During February, I was able to raise my 3 month rolling average to $92.81, which was an increase of $1.00.

My wife and I will continue to stick with our goals. We are working to fund our new investment challenge account and funnel that money into buying new dividend stocks when appropriate. We will also continue to reinvest all of our dividends as we have in the past and look forward to our blue chip darlings raising their distributions again this year.

I love getting an annual raise from my dividend portfolio!

Full Disclosure – At the time of this writing, I owned shares in the following stocks noted in this post – AFL, CLX, K, LOW, MSFT, PG, UL, VZ, WMT and XOM. The material above is not a recommendation to buy. Please do your own research on a company before deciding to invest.

One Reply to “Dividend Income – February 2015”

  1. I, too, track a moving three-month average as it smooths out the monthly swings and gives me a better sense of where my passive income is really headed (up hopefully!).

    Congrats on building your stream of income. At the $1,500 contribution rate for two months, you’ll add $9,000 by the end of the year. Those additions will pay off in the years to come!

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