You are currently viewing Dividend Income Report: February 2023

With February over, we’re a month closer to seeing the end of winter, although it seems winter isn’t done with us yet here in the Pacific Northwest. In February and March, we had plenty of snow and rain, certainly more than average for my area. As of the time of this writing, the markets are getting scared by an emerging banking crisis. It first began with Silicon Valley Bank’s collapse, and then by a growing list of troubled regional banks (First Republic Bank, PacWest, etc.). The FDIC has calmed things a bit, but bank investors are still nervous. Hopefully the situation will be contained and the damage limited.

So let’s do the numbers and see how February’s dividend income added up:

ARR $ 5.00
AWP $44.00
BGY $33.80*
CIK $22.50
CLM $49.12*
DHY $27.13
EDF $15.00*
EHI $26.80*
EXG $82.95*
NCV $29.75
OHI $117.25
PFN $32.31
ZTR $24.00*
TOTAL $509.61

* Includes Return of Capital

February’s total of $509.61 isn’t too bad. Since it qualifies as “non-trivial” ($500 or more), it’s a decent month for me.

February didn’t see any dividend cuts, so that’s some bit of good news for the month.

Again, I needed cash so I had to sell off stocks. I sold off 100 shares of PNNT at $6.09/share and later another 75 shares at $5.7058/share.

I bought an additional 10 shares of ARR for a total of 50 shares. This only adds $1.00 to my projected monthly income, so it’s a tiny improvement but it will help mitigate future dividend cuts.

In conclusion, February’s dividend total was okay, if unremarkable.

Image Credit: jarmoluk (