Mar 01 2018

Dividend Income Report for Febuary 2018

February is now finished. I hope you had a great month and a great Valentine’s Day. Here in the Pacific Northwest, the month started off well, with a feeling that spring was just around the corner. But the last half of the month dashed that hope with intermittent snowfall for a week, a final parting gift of winter before the spring rainy season begins.

February was also quite the wild ride for us investors. The market dropped by over 10% which officially makes it a correction. My dividend investing portfolio’s value fell by approximately $6K, but it recovered and is now only down $4K. Since I’m investing for dividend income and not capital gains, I’m not too worried about the market’s dip.

Speaking of dividend income, it’s time to do the numbers and report how I did in February:
AWP $ 50.00
BGY $ 38.00*
CHW $ 21.00*
CIK $ 22.00*
CLM $ 47.30*
DHY $ 38.50
DMF $ 10.50
DSM $ 19.25
EAD $ 9.03
EDF $ 45.00*
EHI $ 25.40
EXG $114.00*
FGB $148.75
NCV $ 45.50
OHI $148.50
OIA $ 4.30
PFN $ 36.00
RA $ 69.85
VFL $ 15.00
ZTR $ 33.90
TOTAL $941.78 est.

* Includes Return of Capital

Yeah! Not only was February my second $900+ month, it set a new all time monthly high. There’s a very good chance that my $1000+ month milestone may well happen this year. 🙂

As expected in the early months of the year, dividend cuts came and inflicted their usual damage <sigh>. Here’s how it went down in February:
• EHI cuts its div 4.5% from 6.65 cents to 6.35 cents
• DMF cuts its div 14.6% from 4.10 cents to 3.50 cents
• DSM cuts its div 16.6% from 4.15 cents to 3.50 cents

Fortunately, these cuts only amounted to a $6.28 or -0.75% trim of my projected monthly average, so that’s not too bad. My next stock buy will certainly negate this damage.

Despite the cold weather, market correction, and dividend cuts February’s dividend income certainly gave me plenty of warm feelings this month. 🙂


Image Credit: jarmoluk (pixabay.com)


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