Marvelous March Madness dividends are in and they are good. as matter of fact they are so good i set a new record with them. That means some other months will be even better when i look at the my future dividends.
What my goal is is to build a passive income stream that pays all my bills and givves me enough left to have fun on. Right now i can pay most of my bills, I own half my house split with my mom so she pays most of the house bills but eventually i will be paying those. I want to jump ahead of the game and not have to worry if they are covered. I have my military retirement and VA disability which help out but if i just relied on that i would fall short when its my time to take over paying the house bills.
I have structured my dividends as a mix of income and future growth, so i have a good mix of stocks that are pleasently safe but as we have seen with GE and KHC and a few others companies can cut or even eliminate their dividend at anytime. I dont own those but i have owned companies that have both cut and eliminated their dividend. I dont believe in diversification just for diversification but to build a nice passive income stream.
As you can see this was a record month with total dividends at $699.49. I dont plan on it but most of the stocks i added to or bought till recently was not in the third quarter ending month. While i fell a little short and do i mean a little, but that might be to much maybe a smidgen short of $700 that was due to selling of stocks going back to last year of course i helped out other months UVE was sold and added to ATT and SJT and WRE were recently sold. I made up the dividend almost in the Quarter ending month akready with a purchase of D last month. Ford the last 3 years has paid a supplemental dividend but this year did not and that is ok as I would rather not rely on a one for long even though i have others and if another company pays me one i will not complain. I do believe this will be my last Quarter ending month under $700.00.
Slower month for buying and 1 sell than the last few months which you can read about here .
A marvelous total of $699.49 What is not to like about this? You can compare last years results on the page and also see what percentage each dividend was. With this dividend reinvestment of PEG it now is my first stock of many hopefully that go over $800.00 so it has joined that club.
As you can see i was paid 20 times by 20 companies. That comes out to $34.97 per company. New companies D and DAL and R helped out with their first payment this month. The rest is from additional buys and some dividend reinvestment.
If i were to go to my Durango Joes coffee shop at 2.97 a cup times 31 is $92.07. That would leave me with a nice $607.42 to put towards my bills. I am going to eventually put it all back in the stock market, I brought in $22.56 a day. This is a 2.4 percent increase over last March. Total for year now I have brought in $1655.23 which brings our total per day $18.39. Total lifetime tracked dividends is $18418.51. Definitely seeing the results each month. The 12 month estimated dividend stands at $6,620.92 based on this month, through the end of 2019. You can see the results after time a mix of dividend reinvestment and adding on my own has helped this tremendously. This month would pay 2 of my bills, but when i inherit the house i will have more so i want to be able to cover most of those also. Looking at the chart you can see what percentage of dividend was from each company this month. You can look at the past dividends page which has now been updated Past Dividends.
With $699.49 brought in this month and a total of $1655.23 I am 22.67 percent of my Bronze level goal of $7300. we put a serous dent in it but i was hoping to be closer to 25 percent there is still lots of time and I am hoping by the end of June to be at 50 percent or higher we will see. My 12 month out Prospective dividend is now at $6978.31.
For those that like total return im gonna start including it in here, I myself just care about the dividends but some like the total return
Since June 18 when i first moved my money i through MAR 31 2019 i have a 6.65 percent S&p 500 TR is 6.51 percent increase. Increase from Jan 1st -Mar 31 13.33 percent S&p 500 TR is 13.65 percent for the month of March it is 3.1 percent to 1.94 percent to the S&P 500 TR
How was your month? Let me know in the comments below.