March 2018 Passive Income Report
I’m way behind! Again! But here I am with my March 2018 dividend income report. This was by far the biggest month I have had as a dividend investor and I’m very excited to go through the results, even if they are coming in a little bit behind schedule. Let’s get down to business.
Tons of dividends flowing through this Roth IRA account as I found myself experiencing a 28.9% growth rate over my prior year income. Big increases were due to purchases of O, QCOM & UL compared to last year. This account is my largest account and it is really starting to take off when it comes to raises as well as selective reinvestment of my income.
12-month dividends for this account are now $2,034.18 after ending February at $2,025.07. Small .45% increase this month but my April report will provide a lot more excitement!
Wow, 77.76% increase in this account. Amazing results over last year. Considering I don’t typically get to make very many purchases in this account this is very abnormal, but a very welcome report. Big changes are a shift in DWDP payment date as well as a purchase of SO.
Forward 12-month dividends for this account are now $1,244.63 after ending February at $1,261.98. Downward result by 1.37% here, but I’m thinking this might be due to some timing, since I don’t believe I had any dividend cuts. With some raises I’ve gotten the April report should be ticking upward again.
Another huge increase year over year, this time in my brokerage account. This account remains small but the increase is mostly from purchases of ADM and TGT. It will be fun to finally see this account growing again as I infuse more capital.
Forward 12-month dividends for this account are now $559.15 in comparison to $569.15 at the end of February, minor decrease from the way I am forecasting my BX dividends.
This is first meaningful month of dividends that I have had for my 401k and it certainly did not disappoint. This account continues to get contributions every couple weeks and will continue to head upward each month. I’ll have some actual numbers to compare year over year to shortly after I hit a year in the account.
After ending February with $298.76 in forward dividends, I am now up to $356.09 in forward income. A nice 16.1% increase in the forward income. Exciting stuff as this should creep toward $1,000 in forward income by year end.
In total, my dividend income for the month of March 2018 was $472.30, up 53.6% from my March 2017 total of $307.47. Sooooo close to $500 in dividends, but nonetheless a great month of results. Large increase from last year and a chunk of new capital to allocate to new payers.
Forward dividend income now sits at $4,194.05 up from $4,154.96 for a total increase of $39.09, or .94%%. Excellent increase and I have expectations my April report will be providing a much larger one. I’ll be updating that report right after this!