February 2020 Dividend Review

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We are 2 months into the year and the market was marching and initially threw off any bad news that was heading its way then we hit the last week of February and The corona virus  finally started affecting the markets.  I think these things are overblown and the media makes more of it than they should. Some say why catch a falling knife other people I here say they wont invest till this is over. I will continue to buy a little here and a little there just like always and let the market work itself out.

This month saw me hit new high in my portfolio Value only to come crashing down but i am OK with that, because my money is buying  more stock and my dividends that are reinvested will do the same thing as long as the market is down.

My total for the month of is $509.98 If i were to go to my Durango Joes coffee shop at 2.97 a cup times 29 is $86.13.  That would  leave me with a nice $423.85 to put towards my bills.   I am going to eventually put it all back in the stock market, I brought in $17.58 a day.  This is a 1.97 percent decrease over last February. Total for year now I have brought in $1097.14 which drops our total per day  to $18.28.  Total lifetime tracked dividends is $25348.35.  The 12 month estimated dividend stands at $6582.84 based on this month, through the end of 2020. 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 most of my bills. Looking at the chart you can see what percentage of  dividend was from each company this month. You can look at past dividends here.

With $509.98 brought in this month and a total of $1097.14 I am 11.42  percent of my Bronze level goal of $9600.00.   My 12 month out  Prospective dividend rose from $8,782.52 to $8,963.54.

I have been making some changes to my Portfolio,  to streamline it into a portfolio that is driven by dividend increases. The portfolio will be better in the long run because of this. The portfolio page has been updated here.

For those that like total return I am  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  through Feb 29, 2020 I have a 11.18% S&p 500 TR is 13.04%  increase. Increase for Feb 1st-Feb 29th i have a -9.03% the S&P 500 is -8.23%. Increase from Jan 1st -Feb 29 -10.19%  S&p 500 TR is -8.27%

How was your month? Let me know in the comments below.

Author: dividendsandhobbies

A Christian first and foremost. I love to invest fish grow a garden etc.

2 thoughts on “February 2020 Dividend Review”

  1. Dividend payers down from 14 to 9, is that right? Looks like a slight decrease in dividend income due to the streamlining, but that’s OK. It sounds like the adjustments will pay off in the long run.
    Love seeing over $500/mo. coming in from dividends. I like your plan to keep buying in small chunks over time despite the current stock market environment. It should make for some solid future returns.

    Liked by 1 person

    1. Yes I sold some stocks last year to consolidate my portfolio. Was on the rebound but with Dal suspending their dividend will go down again. This month of April will be a big drop also due to a big cut I received. But it will rebound back.

      Like

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