Dividend Income Update – March 2017

I’ve completed 690 days of freedom race and it has been awesome with great support of DGI bloggers. I’m truly blessed to be posting it from a 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 magic figure of $2500 in passive income. However, over coming months, it will be down due to spring cleanup of my portfolio. Still, I’m super excited to write about my passive dividend checks that I received in month of March. They are now pouring into my account without lifting a finger. So far, I’ve got 41 fantastic companies in my 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:

Archer Daniels Midland Co. (ADM): $16.00
Aflac Inc. (AFL): $6.45
Amgen Inc. (AMGN): $11.50
Avista Corp. (AVA) : $10.72
Boeing Inc. (BA): $7.10
Bank of America (BAC): $9.37
BHP Billiton ADR  (BBL): $328.00
BP plc (BP): $191.98
Crown Castle Corp. (CCI): $14.25
Chatham Lodging Trust (CLDT): $66.00
Cummins Inc. (CMI): $10.25
CenterPoint Energy, Inc. (CNP): $13.37
ConocoPhillips (COP): $53.00
Chevron Corp. (CVX): $118.80
Digital Realty Trust, Inc. (DLR): $46.50
Consolidated Edison Inc. (ED): $17.25
Emerson Electric (EMR): $12.00
EPR Properties (EPR): $34.00
Eaton Vance Fund (EXG): $26.60
Flower Foods, Inc. (FLO): $32.00
Gilead Sciences (GILD): $26.00
HCP, Inc. (HCP): $170.20
IBM Inc. (IBM): $7.00
Johnson & Johnson (JNJ): $12.00
Kraft Heinz Comp. (KHC): $12.00
Coca-Cola Co. (KO): $10.50
Lockheed Martin Corp. (LMT): $9.10
Main Street Capital Corp. (MAIN): $87.88
McDonald’s Corp. (MCD): $9.40
Microsoft Inc. (MSFT): $11.70
New Mountain Finance Corp. (NMFC): $170.00
Realty Income Corp. (O): $32.63
Pepsico Inc. (PEP): $15.05
Pfizer Inc. (PFE): $32.00
Qualcom Inc. (QCOM): $13.25
Royal Dutch Shell, Inc. (RDS B): $282.00
Southern Company (SO): $56.00
STAG Industrials, Inc. (STAG): $49.00
Target Corp. (TGT): $18.00
United Tech. Corp (UTX): $6.60
Vector Group Ltd. (VGR): $280.00
Ventas Inc. (VTR): $96.88
Wells Fargo & Co. (WFC): $38.00
Exxon Mobil (XOM): $45.00

Total passive dividend income for Mar: $2504.83, it was little higher than normal due to HCP paying this month, rather than last month in Feb.

Instead of getting a single salary once a month, I got paid by above 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 several of above mentioned stocks.

20 thoughts on “Dividend Income Update – March 2017

    • Hi IH,

      Appreciate it. This may be my highest total in a long time as I’ve sold many companies over last few months, almost trimmed 50%+. I’m still evaluating my portfolio and not decided which company to sell. However, I’ll be adding whenever there is a decent correction. Thanks for stopping by as always.

  1. Always nice hitting a new milestone with your passive income stream. $2,500 is a figure that can really pay many, many monthly bills. That’s a real salary in fact. As always a nice long and diverse list of names paying you. I slowly grew my portfolio in March adding two new names, HRL and LTC. Keep on racing!

    • Hi DH,

      It is a humongous amount of money that can pay almost expense for whole month. Yeah, its like a real salary. I like LTC and need to look more into HRL. Nice buys there. Thanks for stopping by as always.

    • Hi BHL,

      Thank you. It is absolutely huge any my highest ever. However, due to many sales I’m making, there will be reduction in passive income, we’ll see how things pan out. Thanks for stopping by and commenting.

  2. Race –

    Whoa, just whoa… over $2k?!?! That is fricken awesome and I cannot wait myself to be there one day, very jealous yet so proud and excited for your current and soon-to-be accomplishments. Keep doing YOU!

    -Lanny

    • Hi Lanny,

      You said it best: its frichen awesome 🙂 I absolutely felt on moon when I totaled all my income over last month. Very motivating. I’m sure you will be there in short time due to snowball effect. Thanks for stopping by as always.

    • Hi Claudio,

      Thank you for your support. I’m humbled to hear those words. I’m glad that I was able to inspire you and many others to pursue this journey, even on other side of pond. Simply amazing!. Thanks for stopping by and commenting.

  3. R2R,

    I believe this is my first time commenting on your blog. In any case, excellent income in dividends. And to think that you didn’t have to go to work to make that money. That income simply flows passively into your account.

    I wouldn’t worry about the total number of income being reduced because you’ll be cleaning up your portfolio. It’s important to assess where you are every now and again and make the best decisions you can based on your goals and priorities.

    $2500 in dividend income. I’m so jealous. You are so on your way to winning this race.

    • Hi DP,

      Appreciate the kind words and commenting for the first time. My spring cleaning is dragging into summer. But, I’m in it for long haul and will be re-investing at some point, when there is some pull back in market. Thanks for stopping by and commenting.

  4. Hey,

    congratulation on that huge amount of dividends coming in.
    selling your positions can be a good decision, but it can be a bad decision too.

    what if the market rises years again? but i think there will be buying opportunities in every stage of the market.

    like Nathan wrote some articles ago in the comments: with so much cash maybe you can look into options.

    sell some out of the money puts on stocks you want to own. If the market will not drop under your strike price you can keep the premium.

    best wishes!
    Chri

    • Hi ED,

      Thank you. Yeah, I’ve thought about selling some options, but, in my investment account, I try to keep things simple. May be I’ll have another account to play options. Thanks for stopping by and commenting.

  5. That’s amazing! I think I could live off $2500 a month without too many dramas. So the fact you’ve created an entire income that’s passive is hugely impressive.

    Congrats!

    • Hi Matty,

      Thank you. That’s beauty of any passive income: once a small ball is created and starts rolling, it creates its own momentum given some time; compounding does the rest. Thanks for stopping by and commenting.

  6. That is quite a long list of dividend payers. Congrats on getting over $2k. That is a full time job and probably more than a lot of people make normally with their work. You were able to make it all passively! Looks like you’re winning the race. Keep going!

    • Hi DD,

      Appreciate it. Absolutely, its like a full time job: I’m excited to cross $2K this month, however, due to several sales that I made over last months, going forward income will be reduced. Well, race will be won when I hit my target of $3K 🙂 Thanks for stopping by and commenting.

  7. Pingback: March Dividend Income from YOU the Bloggers! - Dividend Diplomats

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