Dividend Income Update: March 2016

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Includes: ADM, AFL, ALLE, BDX, BMS, CCP, D, DOV, ED, EMR, GWW, IR, JNJ, MCD, MMM, PEP, SO, UL, VFC, VTR, WFC
by: Divhut

It's dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolios.

Without rehashing the wild ride we experienced in the market the last quarter, I could find comfort in one thing, my dividends. As we all know, the market may move up and down irrationally and seemingly on a whim while our dividends remain much more stable, reliable and predictable. Sure, dividends may not increase every year and a cut or elimination is even possible but the odds are greatly reduced when you diversify among different companies and sectors and focus on dividend quality (free cash flow, EPS and payout ratios). Forget chasing the high yield unicorns and focus on the boring lower yielding but sustainable dividends. In the long run, you'll be better off. With that being said, let's take a look at my March dividend totals.

Dividend income from my taxable account totalled $444.07 up from $327.67, an increase of 35.5% from March of last year.

Dividend income from my ROTH account totalled $77.88 up from $73.36, an increase of 6.2% from this time last year.

Dividend income from my IRA account totalled $43.75 up from $0.00, from this time last year.

Grand total for the month of March: $565.70, an increase of 41.1% from March 2015.

Brokerage Account

Year to date dividends: $903.25

Date

Description

Symbol

Amount

03/01/2016 DIVIDEND:GWW GWW $6.32
03/01/2016 DIVIDEND:AFL AFL $70.67
03/01/2016 DIVIDEND:BMS BMS $6.97
03/01/2016 DIVIDEND:WFC WFC $14.23
03/07/2016 DIVIDEND:SO SO $19.63
03/08/2016 DIVIDEND:ADM ADM $52.32
03/08/2016 DIVIDEND:JNJ JNJ $27.74
03/10/2016 DIVIDEND:EMR EMR $36.43
03/14/2016 DIVIDEND:MMM MMM $26.45
03/15/2016 DIVIDEND:DOV DOV $18.74
03/15/2016 DIVIDEND:ED ED $46.87
03/15/2016 DIVIDEND:MCD MCD $20.87
03/18/2016 DIVIDEND:VFC VFC $12.35
03/21/2016 DIVIDEND:D D $23.00
03/31/2016 DIVIDEND:BDX BDX $13.44
03/31/2016 DIVIDEND:PEP PEP $17.14
03/31/2016 DIVIDEND:ALLE ALLE $3.36
03/31/2016 DIVIDEND:IR IR $27.54
Total: $444.07
Click to enlarge

ROTH Account

Year to date dividends: $340.56

Date

Description

Symbol

Amount

03/08/2016 DIVIDEND:JNJ JNJ $6.42
03/09/2016 DIVIDEND:UL UL $15.10
03/10/2016 DIVIDEND:EMR EMR $25.46
03/14/2016 DIVIDEND:MMM MMM $10.50
03/15/2016 DIVIDEND:MCD MCD $9.64
03/31/2016 DIVIDEND:PEP PEP $10.76
Total: $77.88
Click to enlarge

IRA Account

Year to date dividends: $131.37

Date

Description

Symbol

Amount

03/31/2016 DIVIDEND:CCP CCP $11.46
03/31/2016 DIVIDEND:VTR VTR $32.29
Total: $43.75
Click to enlarge

I have to say I'm quite pleased with my March totals. Who can complain about a 41.1% year-over-year increase? The proof of our dividend investing strategy rests in these real results. After all, dividends don't lie. It's real cash being returned to investors. With patience and consistency, these results and better can be achieved.

Are any of these dividend stocks in your portfolio too? How was your March dividend income? Please let me know below.

Disclosure: Long all above.