February Dividend Income

After 35 years of clocking in and out of work and religiously saving at least 10% annually in my 401K every year, my countdown to financial independence is in sight. Each month is a step closer and let’s look at how this past month is getting me there.

For the month of February I made $2640.74; a decrease of 12.18% versus this time last year. This decrease was expected, last year I had some Jan dividends bleed into February and AT&T (T) paid their last full dividend prior to the cut.  Officially T is behind me now so 2^nd month of a quarter should get better.

In February I received 15 dividend raises from ALE, ALL, AVA, BCE, BEP, BEPC, CPT, IBCP, MMM, O, PEP, PRU, PSX, TROW & WMT.  Together this will add an additional $350.16 to my annual income going forward. 

For the month I did my regular purchase of ETF SCHD.  I also sold my Haelon (HLN) position which I received from a GlaxoSmithKline (GSK) spinoff.  Wasn’t too thrilled with this holding.  Once they got through the Zantac lawsuit relatively unscathed and didn’t start a dividend policy, I reached my limit and dumped this low growth no dividend dead weight position.  Proceeds from the sale were quickly reinvested into something more productive (SCHD). 

Not much going on at the home front so here are the metrics we love to see.

Date	Symbol	Company	Amount
2/1/23	DIVO	AMPLIFY ETF TR CWP ENHANCED DIV	$113.44
2/1/23	GIS	GENERAL MILLS INC	$102.68
2/1/23	T	AT&T INC	$343.08
2/1/23	VZ	VERIZON COMMUNICATIONS INC	$108.71
2/13/23	APD	AIR PRODUCTS AND CHEMICALS INC	$73.67
2/15/23	ABBV	ABBVIE INC	$234.68
2/15/23	EPR	EPR PROPERTIES	$85.49
2/15/23	HAS	HASBRO INC	$60.93
2/15/23	O	REALTY INCOME CORP	$8.16
2/15/23	OHI	OMEGA HEALTHCARE INVESTORS INC	$722.72
2/15/23	PG	PROCTER AND GAMBLE CO	$122.81
2/16/23	PSEC	PROSPECT CAP CORP	$98.13
2/23/23	ARTNA	ARTESIAN RES CORP	$215.05
2/24/23	IBCP	INDEPENDENT BK CORP MICH	$53.94
2/24/23	ODC	OIL DRI CORP OF AMERICA	$37.13
2/24/23	WSM	WILLIAMS-SONOMA INC	$14.92
2/27/23	MAIN	MAIN STR CAP CORP	$37.97
2/28/23	NUSI	ETF SER SOLUTIONS NATIONWIDE NASDQ	$16.03
2/28/23	SBRA	SABRA HEALTH CARE REIT INC	$88.35
2/28/23	M1 Finance	M1 DIVIDEND GROWTH ACCOUNT	$102.85

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