March Dividend Income

After 34 years of clocking in and out of work and religiously saving 10% annually in my 401K every year, in good times and bad, I have decided to share my monthly dividend income to show what regular saving and investing can accomplish.

Last month I received my annual review and after several paychecks with the new raise I was able to increase my weekly investment into my M1 Finance account by $10.  This improved my annual saving rate from 24.6% to 24.9%. Not a massive increase but it always feels good when I can save more than I did yesterday.

2021202020192018201720162015201420132012
401K11%10%10%10%10%10%10%10%10%10%
Brokerage4.5%4%3.7%1%0.8%0.5%  0.7%0.2%
Roth IRA9.4%8.3%5.4%1.9%      
Total Saving Rate24.9%22.3%19.1%12.9%10.8%10.5%10.0%10.0%10.7%10.2%
10 Year Personal Annual Saving Rate

For the month of March I made $4,238.43; an increase of 27.51% versus this time last year. From now till August I should be seeing significant YoY increases as that was the bulk of the COVID cuts from last year. This month would have been slightly higher but my BEPC dividend did not credit my account until April 1. This was kind of odd as I received my BEP dividend on March 31, maybe BEPC had border crossing issues from Canada to the U.S. 😊.

Overall market valuations continue to remain high. I kept my buying for the month limited to $200 lot buys to keep invested. I have been receiving dividends at a faster rate than reinvesting and unintentionally building a pile of cash.  Going into April I have no favorites on my watch list and instead will monitor a little over 50 dividend stocks for any opportunity that arises.  Unless there is a pullback, I plan on staying with small $200 buying lots for the foreseeable future.

DateSymbolCompanyAmount
3/1/21 ALEALLETE INC$126.00
3/1/21 PSXPHILLIPS 66$25.30
3/1/21 SJMSMUCKER J M CO$4.04
3/3/21 FASTFASTENAL$11.35
3/4/21 BLVVANGUARD BD INDEX FDS LONG TERM BOND$13.47
3/4/21 CMICUMMINS INC$37.67
3/4/21 DFSDISCOVER FINANCIAL SERVICES$11.40
3/4/21 VCLTVANGUARD SCOTTSDALE FUNDS LONG-TERM COR$13.97
3/4/21 VLOVALERO ENERGY CORP$35.28
3/5/21 HYGISHARES TR IBOXX HI YD ETF$18.66
3/5/21 PFEPFIZER INC$222.81
3/5/21 PFFISHARES TR PFD AND INCM SEC$50.84
3/8/21 SOSOUTHERN CO$60.78
3/9/21 JNJJOHNSON &JOHNSON COM$175.26
3/10/21 CVXCHEVRON CORP$21.77
3/10/21 IBMINTERNATIONAL BUS MACH CORP$143.97
3/10/21 UPSUNITED PARCEL SERVICE INC$227.85
3/11/21 MSFTMICROSOFT CORP$61.03
3/11/21 PRUPRUDENTIAL FINANCIAL INC$471.27
3/12/21 MMM3M CO$56.89
3/12/21 WBAWALGREENS BOOTS ALLIANCE INC$43.15
3/15/21 AVAAVISTA CORP$131.16
3/15/21 FAFFIRST AMERICAN FINANCIAL CORP$145.13
3/15/21 NWLNEWELL BRANDS INC$25.56
3/16/21 DUKDUKE ENERGY CORP$58.50
3/17/21 ULUNILEVER PLC SPON ADR NEW$9.36
3/18/21 BHBBAR HARBOR BANKSHARES$43.91
3/18/21 PSECPROSPECT CAP CORP$155.54
3/19/21 CMPCOMPASS MINERALS INTERNATIONAL INC$137.52
3/19/21 RRYDER SYSTEM INC$52.38
3/25/21 QCOMQUALCOMM INC$153.82
3/26/21 BPBP PLC SPONSORED ADR$8.26
3/26/21 KHCKRAFT HEINZ CO$9.20
3/26/21 LMTLOCKHEED MARTIN CORP$5.20
3/26/21 WMWASTE MANAGEMENT INC$41.50
3/30/21 TROWPRICE T ROWE GROUPS$16.44
3/31/21 ARCCARES CAPITAL CORP$470.39
3/31/21 BPYUBROOKFIELD PPTY REIT INC CL A$50.85
3/31/21 GATXGATX CORP$53.15
3/31/21 GRMNGARMIN LTD$61.81
3/31/21 NEWTNEWTEK BUSINESS SVCS CORP$397.89
3/31/21 PEPPEPSICO INC$52.18
3/31/21 WEYSWEYCO GROUP INC$24.85
3/31/21BEPBROOKFIELD RENEWABLE PARTNERS PARTNERSHIP$266.35
3/31/21M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$34.72

7 thoughts on “March Dividend Income

  1. Great YoY income growth! My BEP and BEPC dividends did not hit my account until yesterday and today respectively and won’t officially post until Monday. There always seems to be a delay with my brokerage (Fidelity) on dividends from non-U.S. companies.

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  2. Thank you D&H, With all the dividend suspensions and cuts from last year my YoY number will look real good for a few months until Q4 when I repositioned my holdings.

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  3. Pingback: Dividend Income from YOU the Bloggers! – March 2021

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