Dividend Update - March 2014

by: Passive Income Pursuit


Summary of the dividends received in my portfolio during March.

Tracking the progress on my way towards financial independence.

Dividends are always a positive part of total return.

March certainly was a great month for dividends in my portfolio and everyone else's as well, I'm sure. The majority of the dividend growth stocks that investors love pay out on the March, June, September, December schedule, so the end of each quarter usually comes with a bang. These dividend updates reflect all dividends that I receive through my investing pursuits, and I hope they can help inspire you to take control of your own finances and invest to build a passive income stream. What you use that stream for is up to you, whether it's to fund early retirement, just provide some FI/FU money, or even to provide for an annual vacation; the key is that it can provide options and open up all sorts of possibilities. You can check the dividend income or progress page at my blog to see what dedication to an investment plan can give you. I was able to set a personal best in dividends received during March, which is great motivation and helps to keep me on track.

I received a total of $565.55 in dividends in my FI portfolio in March and have received a total of $939.32 through the first quarter of 2014. So far in 2014, I'm 20.87% of the way towards my goal of $4,500 in dividends received. I almost passed $1,000 for a quarter for the first time, but sadly came up a little short. I'm behind pace to hit my goal as of now, but I think with additional investment and dividend increases, I should be able to make up the approximate $450 that I'll be short. For my FI portfolio, March saw a 5.68% increase over December 2013 and a great 60.52% increase over March 2013.

I made purchases of Kinder Morgan, Inc. (NYSE:KMI) and General Electric (NYSE:GE) during March and that, coupled with 6 dividend increases, helped to boost my forward 12-month dividends to almost $4,150. Sadly, I also had a call option on Intel (NASDAQ:INTC) execute and subsequently had the shares called away, lowering my forward dividends. At the end of March, my forward 12-month dividends for my FI Portfolio stands at $4,046.48 and is 80.93% of the way towards my goal of $5,000. That's almost $340 per month that I won't have to spend time in an office to earn. It's exciting to see the forward 12-month dividends continue to move higher and higher as they will eventually allow me to reach financial independence and at least contemplate retiring early.

Below is a chart showing the monthly dividend totals for each year that I've been investing as well as the monthly average for each year. It's not always an increase, as some companies have unusual payout schedules, and eventually some positions will get dropped, but the long-term trend is what matters. It's great to see that my 2014 average through the first quarter is well above 2013's monthly average. With more contributions/investments and expected dividend increases, the gap should widen even more.

Company Dividend Received Reinvestment Shares
Wells Fargo (NYSE:WFC) $16.40 0.356
ConocoPhillips (NYSE:COP) $12.15 0.183
Bank of America (NYSE:BAC) $1.62 0.093
McDonald's (NYSE:MCD) $84.97 --
Intel (INTC) $24.14 --
Phillips 66 (NYSE:PSX) $3.22 0.042
Emerson Electric (NYSE:EMR) $15.72 0.241
Walgreens (WAG) $21.76 --
Harris Corporation (NYSE:HRS) $34.65 --
Cummins (NYSE:CMI) $14.57 --
Target (NYSE:TGT) $54.79 --
Aflac (NYSE:AFL) $17.07 0.272
Lorillard (NYSE:LO) $31.15 --
BP (NYSE:BP) $23.09 --
Microsoft (NASDAQ:MSFT) $11.44 0.302
Chevron (NYSE:CVX) $54.50 0.476
Exxon Mobil (NYSE:XOM) $23.00 0.244
Realty Income (NYSE:O) $10.06 0.239
IBM (NYSE:IBM) $20.06 0.107
Visa (NYSE:V) $3.61 0.016
Johnson & Johnson (NYSE:JNJ) $9.97 0.107
American Realty Capital Properties (ARCP) $8.49 0.581
PepsiCo. (NYSE:PEP) $34.70 0.417
Unilever (NYSE:UL) $10.96 0.277
CenterPoint Energy (NYSE:CNP) $23.46 1.016
March 2014 Total $565.55
2014 YTD Total $939.32

A full list of my holdings can be found here.

Disclosure: I am long WFC, COP, BAC, MCD, PSX, EMR, WAG, HRS, CMI, TGT, AFL, LO, BP, MSFT, CVX, XOM, O, IBM, V, JNJ, ARCP, PEP, UL, CNP. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

Disclaimer: I am not a financial professional and all thoughts/ideas here are my own and for entertainment purposes only. Investing involves risks. Please consult a financial professional and do your own due diligence before investing.