February was the worst month for the U.S. markets since the presidential election with the market closing down almost -4%. This of course follows one of the better months for the stock market with the S&P index being up 5.6% in January. The market was in full reaction mode with the announcement of potentially new tariff’s for imported steel and aluminum.
The portfolio overall value definitely took a big size hit this month but I’m still not worried. I managed to passively make a good chunk of money due to my holding of high quality dividend stocks.
Another bit of portfolio news, HCN is now called WELL.
- $130.46 in dividends
- Added $2,400 to dividend portfolio cash
- Added $36.17 to my annual income.
As usual, I automatically pull out $200 per paycheck with automatic deposit and at the end of the month I throw whatever is left into the account. Last month I mentioned that I was going to curb back my deposits into the account due to the markets reaching all time highs. Well now it looks like that was probably a mistake with the markets being so volatile. I decided to go ahead and put an additional $2k into it for any potential plays.
$200 + $200 +$2,000 = $2,400
Here are the companies that paid me dividends this month:
Using Google Docs, I keep a running spreadsheet of how much dividend income I receive every month. I think it’s important to realize the growth of your passive income over time. In February 2017, I received $86.37 in dividend income. If we do the math, that means my February dividend income has increased +51.05% compared to the previous year.
Monthly Total: +$130.46
I didn’t buy as much as I would have liked this month. I hope to continue adding to it in the upcoming months however!
- 3 shares of CVS @$69.50
I might have gotten in CVS a little to early. The stock has since fallen 7% since I originally purchased it. I do plan on averaging down throughout the months. It currently yields 2.89% with a 5 YR Dividend Growth Rate of a whopping 25%! This adds +$6.00 to my annual income.
- 7 shares of O @$50.40
Added some more shares to this monthly paying REIT with 25 years of increasing dividends. It’s currently yielding 5.1% with a 5YR DGR of 7.4% This adds +$18.41 to my annual income.
- 7 shares of DIS @$103.95
I have a love/hate relationship with DIS for the last few years. The market loves to hold this stock between two support and resistance levels and I end up flipping the stock more than holding it. I still do love the company so I don’t mind. It currently yields 1.6% and has a 5 YR DGR of 22%. This adds +$11.76 to my annual income.
Total = +36.17 to my annual income
A rather lackluster month in terms of buying stocks. I guess I should be happy with any month where I’m able to increase my annual income!
Thanks again for reading my Dividend Portfolio Update for February 2018!