Dividend Income Update – February 2016

I’ve completed 300 days of freedom race and it has been awesome with the great support of DGI bloggers. I’m truly blessed to be posting it from the country where Statue of Liberty stands. It stands for freedom and I hope to achieve my own financial freedom in 3000 days when I complete my race.

Wow. I crossed milestone figure of $500 in passive income again, holy smoking. I’m super excited to write about my passive dividend checks that I received in month of February. They are now pouring into my account without doing any work. So far, I’ve got 73 fantastic companies in my growing Portfolio

I hope that this passive income report provides inspiration to all the readers out there that even when you are starting out fresh, you can still do it. Although, it is a long race: slow and steady, we can win it on our terms and time. Without further ado, here are dividends received:

Apple Inc. (AAPL) : $7.80
Abbott Laboratories (ABT): $7.80
Caterpillar Inc. (CAT): $3.85
General Dynamics Inc. (GD): $3.45
Keurig Green Mountain, Inc. (GMCR): $9.75
Gov. Properties Income Trust (GOV): $21.50
HCP, Inc. (HCP): $80.49
Kinder Morgan, Inc. (KMI): $31.25
Main Street Capital Corp. (MAIN): $19.80
Realty Income Corp. (O): $19.85
Omega Healthcare Inv., Inc. (OHI): $85.50
ONEOK Inc. (OKE): $123.00
Proctor & Gamble Company (PG): $23.20
Potash Corp. of Saskatchewan (POT): $19.00
Sr. Housing Properties Trust (SNH): $39.00
STAG Industrial, Inc. (STAG): $8.10
AT&T, Inc. (T): $48.00
Verizon Comm. Inc. (VZ): $56.50

Total passive dividend income for February: $607.84. So far, I’ve received $1125.79 as passive dividend income.

Instead of getting a single salary once a month, I got paid by 18 fantastic companies throughout the month, simply by owning a tiny sliver of a slice. Imagine that there are thousands of people hired by those companies and that they are working for you, rather than, you working for them. This feeling of achieving financial freedom over 3000 days, is what drives me to keep racing and I’m sure readers alike!

Full Disclosure: Long on above mentioned stocks.

How did your passive dividend income come along in February?

10 thoughts on “Dividend Income Update – February 2016

    • Hi DH,

      Its tough and challenging to keep running the race over 3000 days but, achieving financial independence is what keeps me driving. My first goal post is $1K in 1K days, that will be really awesome! Appreciate much for your kind words and wish you the same. Thanks for stopping by and commenting.

    • Hi Vivianne,

      Appreciate the support. Its exciting to cross $500 which is half away from $1K 🙂 Thanks for stopping by and commenting.

  1. R2R

    Great dividend income , I wish I had that kind oh dividend in a month I would be financial Independent from alimony

    Keep the snowball rolling

    Sharon – Divorcedff

    • Hi Sharon,

      Yeah. It was the best ever month so far and I’m excited to take it. Its interesting take to become free from paying: it takes a consistent and steady path to achieve it and I’m sure you will get there. Not long ago, I just paltry passive income. Good luck on your becoming FI. Thanks for stopping by and commenting.

    • Hi IH,

      That’s right. Its more than $1K in initial 2 months of this year and kind of morale boosting to cross $1K, however, it’ll be a serious money if achieved in a single month 🙂 You are also starting to get a big heft over there; keep up the good work over there. Thanks for stopping by and commenting.

  2. Another inspiring dividend income update. With all those buys you make each month your snowball is gaining steam pretty fast. As always, happy to see several names in common between our portfolios and seeing you get paid by such a diverse number of companies. Look forward to your next update.

    • Hi DH,

      Appreciate the kind words. Glad to be fellow shareholders in some of the common names, there are only selected companies that are steady growers over a period of time. I like to spread out my bets as even the best company can stumble at times like ARCP, KMI, and more. Berkshire could concentrate their portfolio towards few: AXP, WFC, WMT, KO, etc but little guys like us do not have that luxury: and only free lunch available is diversification. Thanks for stopping by and commenting.

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