Dividend Income Update March 2022

Apr. 11, 2022 3:31 AM ETGWW, AFL, ADM, PFE, SO, JNJ, AMGN, EMR, MSFT, YUM, MMM, LYB, MCD, ED, DOV, KTB, VFC, UL, KHC, BP, TROW, GILD, PEP, ALLE, BDX, AVGO, TT8 Comments10 Likes
Divhut profile picture
Divhut
3.1K Followers

Summary

  • The start of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated.
  • The proof of our dividend investing strategy rests in these real results.
  • Are any of these dividend stocks in your portfolio too?

Young Business Boys Making Money

RichVintage/E+ via Getty Images

The start of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. March was exciting as ever as my numbers continue to highlight the trifecta magic of dividend investing which includes, adding fresh capital, dividend raises, and basic compounding to create an ever-increasing passive income stream. Even if I stopped adding fresh capital today and every dividend stock I owned kept all distributions flat, without a single raise, my passive income stream would continue to grow simply because of added shares each quarter. With that being said, let’s take a look back at my March 2022 dividend income.

Dividend income from my taxable account totaled $1,682.53.

Date Symbol Description Amount
03/01/2022 GWW WW GRAINGER INC. $22.78
03/01/2022 AFL AFLAC INC. $155.54
03/01/2022 ADM ARCHER-DANIELS MIDLAND $74.66
03/04/2022 PFE PFIZER INC. $24.66
03/07/2022 SO SOUTHERN CO $112.84
03/08/2022 JNJ JOHNSON & JOHNSON $82.75
03/08/2022 AMGN AMGEN INC. $3.94
03/10/2022 EMR EMERSON ELECTRIC CO $42.98
03/10/2022 MSFT MICROSOFT CORP. $10.33
03/11/2022 YUM YUM BRANDS INC. $33.81
03/14/22 MMM 3M CO $36.10
03/14/2022 LYB LYONDELLBASELL INDS $61.40
03/15/2022 MCD MCDONALDS CORP. $46.09
03/15/2022 ED CONSOLIDATED EDISON $66.08
03/15/2022 DOV DOVER CORP. $23.11
03/18/2022 KTB KONTOOR BRANDS INC. $3.68
03/21/2022 VFC V.F. CORP. $28.21
03/22/2022 UL UNILEVER PLC $9.82
03/25/2022 KHC KRAFT HEINZ CO $79.95
03/25/2022 BP BP PLC $563.36
03/30/2022 TROW T ROWE PRICE GROUP $6.06
03/30/2022 GILD GILEAD SCIENCES INC. $44.18
03/31/2022 PEP PEPSICO INC. $37.92
03/31/2022 ALLE ALLEGION PUBLIC LTD $11.48
03/31/2022 BDX BECTON DICKINSON&CO $20.08
03/31/2022 AVGO BROADCOM INC. $21.09
03/31/2022 TT TRANE TECHNOLOGIES PLC $59.63
Total: $1,682.53

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. Just remember, sometimes investing with blinders on can be beneficial as it blocks out the constant noise we are bombarded with on a daily basis and keeps you focused on the job at hand which is to keep investing, not falling for market timing traps, diversifying, not getting shaken out of the market when it tumbles and just creating a solid, ever-growing passive income stream and with one rocky quarter under our belts let us hope that we’ll experience minimal to no dividend cuts going forward.

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

Original Post

Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.

This article was written by

Divhut profile picture
3.1K Followers
I’m an early 40′s Internet entrepreneur that launched several dot coms with varying success in each. At the very least my living has been made online for the past 18 years and at the most I had a fun time in each venture.I began seriously investing for dividend income around 2007 when my business at the time was literally falling off a cliff, as most of the world was starting too as well, when my need for another income stream became more apparent. I have always known the benefits of dividends from my very first stock purchase back in 1988 but wasn't yet sold on the concept of tying up my money indefinitely purely for a dividend income stream. It was around that time that I learned about Dividend Aristocrats and Dividend Champions when it all just made sense. I could literally see the effects of compounding dividends from these select companies and thought a nice diversified portfolio could provide me with a decent to excellent income stream decades down the road.
Follow

Recommended For You

Comments (8)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.