Friday, April 28, 2017

Monthly Report: March 2017

I post an update every month on the taxable dividend income I receive in my brokerage accounts, the non-taxable dividends I receive from my Roth IRA accounts, the market value of my taxable brokerage accounts, the market value of my Roth IRA accounts, the market value of my 401(k) account, and my savings rate.

Below is the monthly report as of March 31, 2017:

Taxable Dividend Income (Total: $633.05)
  • 3M Company (MMM) - $5.88
  • Bank of America Corporation (BAC) - $9.68 (Increased 51.72% YOY)
  • Chevron Corporation (CVX) - $11.88 (Increased 2.15% YOY)
  • Consolidated Edison, Inc. (ED) - $115.92 (Increased 6.39% YOY)
  • Dominion Resources, Inc. (D) - $3.78
  • Emerson Electric Co. (EMR) - $25.92 (Increased 4.43% YOY)
  • Exxon Mobil Corporation (XOM) - $19.50 (Increased 3.01% YOY)
  • Johnson & Johnson (JNJ) - $8.00 (Increased 3.49% YOY)
  • McDonald's Corp. (MCD) - $107.16 (Increased 7.92% YOY)
  • Microsoft Corporation (MSFT) - $232.05 (Increased 11.22% YOY)
  • Pfizer Inc. (PFE) - $17.92 (Increased 9.00% YOY)
  • Realty Income Corporation (O) - $5.91 (Increased 6.87% YOY)
  • Southern Company (SO) - $15.12 (Increased 7.39% YOY)
  • Target Corp. (TGT) - $29.40 (Increased 9.78% YOY)
  • Time Inc. (TIME) - $0.19 (Decreased 5.00% YOY)
  • Time Warner Inc. (TWX) - $4.43 (Decreased 1.77% YOY)
  • V.F. Corporation (VFC) - $20.31 (Increased 28,914.29% YOY)
    • Total taxable dividend income of $633.05 increased 13.82% YOY.
New positions I added fresh capital to this year are MMM and D.  TIME and TWX decreased YOY due to the partial shares being liquidated as a result of me consolidating my brokerage accounts.  All other dividend increases are from dividends reinvested and dividend raises from the companies.  I'm very happy with the total year over year dividend increase.

You can see a schedule of all the taxable dividends I have received here.

Non-Taxable Dividend Income (Total: $362.70)
  • 3M Company (MMM) - $8.23
  • Archer-Daniels-Midland Company (ADM) - $11.84 (Increased 9.63% YOY)
  • Chevron Corporation (CVX) - $12.96 (Decreased 0.31% YOY)
  • Emerson Electric Co. (EMR) - $11.04 (Increased 4.64% YOY)
  • Exxon Mobil Corporation (XOM) - $9.00 (Increased 1.81% YOY)
  • Pepsi, Inc. (PEP) - $8.28
  • Target Corp. (TGT) - $9.60
  • Unilever plc (UL) - $9.49
  • V.F. Corporation (VFC) - $7.56
  • Vanguard Long-Term Bond Index Fund (VBLTX) - $100.01 (Increased 1.76% YOY)
  • Vanguard REIT Index Fund Admiral Shares (VGSLX) - $174.69 (Decreased 32.17% YOY)
    • Total non-taxable dividend income of $362.70 decreased 9.10% YOY.
I added fresh capital to this year to initiate a new position in MMM.  CVX decreased YOY due to the partial shares being liquidated as a result of me consolidating my brokerage accounts.  I'm pretty disappointed in the huge decrease YOY in dividends from VGSLX.  I'm not sure what caused the huge decrease, but I guess that's part of investing in mutual funds.  The amount of distributions are up the fund advisor's discretion.  I've been contemplating about whether to liquidate my positions in the mutual funds, but I still haven't sold to hedge my risk in case my individual stock picks don't perform as well as I thought.

You can see a schedule of all the non-taxable dividend income I have received here.

Market Values (Total: $409,903.34)
  • Brokerage Accounts - $108,698.75 (Increased 5.61% from prior month)
  • Roth IRA - $81,735.68 (Increased 4.98% from prior month)
  • 401(k) - $219,468.91 (Increased 0.71% from prior month)
    • Total market value increased 2.81% from prior month.
I'm not too concerned with the market value of my taxable brokerage accounts since the investment strategy with that is solely to generate a growing stream of dividend income.  As long as the dividends keep coming and are increasing, I'm not too worried.  Nevertheless, it's still interesting to see how it is performing.

You can see a schedule of the market values for my brokerage accounts, Roth IRA account, and 401(k) account as of the end of every month here.

Savings Rate
  • 37.22%
Savings rate was pretty good for this month.  It's not as high as January or February, but it's still above my 25% savings rate target.

You can see a schedule of my savings rate by month here.

How did you do this month?

6 comments:

  1. Very nice increase. Keep the good work up. Over 1000 a month in dividend payments is nothing to scoff at.

    ReplyDelete
    Replies
    1. Hi Buy, Hold Long,

      Thanks! I'm hoping I can continue to increase my dividends to the point where I'm receiving $36,000 per year.

      Thanks for stopping by and commenting.

      Delete
  2. Nice. Gotta bring those others up to match MSFT lol.
    Keep it up

    ReplyDelete
    Replies
    1. Hi Dividendsandhobbies,

      Haha, you are absolutely right. The reason my MSFT dividends are so high is because my parents invested it for me when I was young. MSFT is a real example of the power of compounding. They invested a small sum for me many years ago, and over time, through stock splits, capital appreciation, and dividends, MSFT has grown tremendously. Now that I have discovered dividend growth investing, I am gradually beginning to diversify and build my portfolio.

      Thanks for stopping by and commenting.

      Delete
  3. Well I think you crushed it! Especially the savings rate...great job! Are you 31 as well? We have a ton in common.. :)

    ReplyDelete
    Replies
    1. Hi Passive Income Dude,

      Thanks! No, I'm 32 years old, but we definitely have a lot in common! You're doing great for a 31 year old.

      Thanks for stopping by and commenting.

      Delete