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Dividend Income Summary: Lanny's March 2021 Summary

Apr. 08, 2021 12:57 PM ETVYM, BHP, KEY, AFL, KR, MMM, UPS, TROW, PEP, UL, SHEL, D, AMNF, GD4 Comments
Dividend Diplomats profile picture
Dividend Diplomats


  • Dividend Income is the fruit from the labor of investing your money in the stock market.
  • Despite the pandemic from COVID-19, dividend income continues to grow, due primarily to additional investment and reinvestment.
  • Dividend investing, once you learn the right way, becomes easier and starts to immensely make sense!

March 2021. Here we are. One year from the global pandemic of COVID-19. Millions of Americans are being vaccinated and almost $2 trillion has entered the economy, from the new stimulus program Biden released. There is one thing to note for dividend income investors…

Dividends are back baby! My March 2021 results set the bar high for me and records were set. I know many March 2021 Dividend Income results from the dividend investing/blogging community will have records broken as well! Time to dive in!

Dividend Income

Dividend Income is the fruit from the labor of investing your money in the stock market. Further, Dividend Income is my primary vehicle on the road to Financial Freedom, which you can see through my Dividend Portfolio.

How do I research & screen for dividend stocks prior to making a purchase? I use our Dividend Diplomat Stock Screener and trade on Ally's investment platform (one of our Financial Freedom Products) - commission-free.

I also automatically invest and max out, pre-tax, my 401k through work and my Health Savings Account. This allows me to save a ton of money on taxes (aka thousands), which allows me to invest even more. In addition, all dividends I receive are automatically being reinvested back into the company that paid the dividend. This takes the emotion out of timing the market.

Growing your dividend income takes time and consistency. Investing as often and early as you can allow compound interest (aka dividends) to work its magic. I have gone from making $2.70 in a single month in dividend income to well over $4,000+ in a single month. That dividend income record was set in 2020. Was it broken this month?! The power of compounding and dividend reinvestment is a wonderful component to the portfolio. Each and every month, whether big or small, I continue to report the passive income that dividend

This article was written by

Dividend Diplomats profile picture
Two guys who love Investing, Dividends, Frugality, Passive Income & attempting to Reinvest Our Dividends to one day achieve Financial Freedom! Follow us on your journey towards a work-free life! We share EVERY ASPECT of our journey on our blog, social media, and YouTube Channel. Make sure to follow us so you don't miss an update. Updates include the stocks we are watching, buying, selling, and our overall thoughts about the the marketBlog: http://www.dividenddiplomats.comYouTube Channel: www.youtube.com/dividenddiplomatsTwitter: https://twitter.com/DvdndDiplomats

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Comments (4)

Awesome article to read. Love the progress and keeps me motivated to do the exact same thing! Thank you for sharing
PassiveCanadianIncome profile picture
Great stuff Lanny.

That is a heck of a total and great year over yr growth rate.
keep it up your doing fantastic
Congratulations! I really enjoy reading your articles. I have been a dividend growth investor for 12+ yrs and was shocked that my March 2021 dividends were 15% higher than last year and currently projecting similar growth YoY. I really only planned for 5-7% dividend growth YoY. Fortunately I did not have too many dividend cuts, and luckily I divested most the stocks before they cut their dividends. I kept Dominion(D) even after the cut since it still provides significant income to reinvest. I only use dividend income to purchase more dividend stocks in my account. Looks like most of my income gains were driven by cheap dividend stock purchases back in 2nd and 3rd quarter of 2020. I really sweated it out last year, but now looks like a blessing.

FYI- I have and will sell/trim my big winners to redeploy Capital into better dividend paying stocks. Currently looking at trimming DFS, one of my big winners from last year.
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