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Mar 02 2017

Dividend Income Report for February 2017

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Well, February is now over and while winter seems to be loosening its grip on the region, it still gets cold and although the snow is long gone the rain and dreary grey skies seem to be an almost permanent fixture. This has been a rough winter, but fortunately we only get these kind of winters approximately every four years or so. A vacation to someplace sunny and tropical sounds very appealing right now. But that will have to wait, because right now it’s time to review dividend income for February. Let’s do the numbers and find out how the month went…

AWP $ 45.00
BGY $ 38.00*
CHW $ 21.00*
CIK $ 22.00*
CLM $ 44.43*
DHY $ 40.25
DMF $ 12.30
DSM $ 22.83
EAD $ 10.88
EDF $ 45.00*
EHI $ 32.00
EXG $121.95*
FGB $105.00
NCV $ 45.50
OIA $ 4.30
PFN $ 36.00
RA $ 69.85
VFL $ 16.50
ZTR $ 9.04
TOTAL $741.83

* Includes Return of Capital

Nice! $741.83 doesn’t set any new highs for dividend income, but it’s certainly nothing to feel bad about either. FGB’s payout in February was an unexpected surprise (I expected it to arrive in March), which gave the month a nice $105.00 boost. Overall, I’m quite pleased with February’s numbers.

The only dividend cut to report is that HQL’s March dividend payout will be cut from 40 cents per share to 36 cents (a 10% drop). I always try to find stocks that have regular and predictable dividends and steer clear of ones with erratic and varying dividends. But HQL has proven to be the one oddball in my portfolio that has varying dividends and an irregular payout schedule.

Overall, February was a solid month and I look forward to the coming months as my dividend investing quest slowly but steadily grows greater passive income.

Image Credit: jarmoluk (pixabay.com)

 

4 comments

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  1. Buy, Hold Long

    That looks like a very nice payout for such a short month, you would have to be pretty happy with that. Hopefully this can increase over time too. Cheers

    1. Dividend Quest

      Thanks for the visit BHL! Yeah, February was a pretty good month. Not as great as an $800+ month of course, but I am pleased with the total dividends for the month. I have my fingers crossed that it steadily increases, despite the occasional dividend cut that slows my progress a little bit.

  2. Doug

    Awesome job. EAD announced a cut for March I believe.

    1. Dividend Quest

      Thanks for the info Doug. That’s a 12% cut to EAD’s dividend, but because EAD’s earlier dividend payout ($10.88, but now $9.57) only amounted to 1.39% of my total dividend income, my exposure was very limited. So this cut is just a tiny nick at worst, fortunately.

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