October 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 October I made $3672.03; an increase of 10.93% versus this time last year. This is below my 12.5% goal but still acceptable as most of my new and reinvested funds have been buying stocks that payout in the last month of a quarter.

In October I received 3 dividend raises from ABBV, ARCC & PNW.  Together this will add an additional $309.73 to my annual income going forward.  The bulk of that comes from ARCC with their large 11.6% raise.  Looking at next month AT&T will be the big question mark if they are returning to their traditional November timeframe for announcing a dividend raise.

On the home front I spent my time getting the house ready for winter. Only things I have left to do is change the oil in my snow blower and clean my chimney before I startup the woodstove and wait for that first snowfall.  

At work it is time to renew my benefits. Out-of-pocket costs increased 9.16% with a breakdown of each benefit as follows, Medical Insurance +10.45%, Life Insurance +6.1% and Disability Insurance +4.04%. 

One last cool thing I love about this month is it changes my retirement calculator. In my new image at the top of the post the years column went from 5 to 4, it is getting real baby!

DateSymbolCompanyAmount
10/3/22AGRAVANGRID$24.34
10/3/22ALLALLSTATE CORP$5.14
10/3/22DIVOAMPLIFY ETF TR CWP ENHANCED DIV$100.86
10/4/22GRMNGARMIN LTD$77.51
10/4/22IRMIRON MTN INC$500.07
10/4/22KMBKIMBERLY-CLARK CORP$17.37
10/6/22GSKGSK PLC$101.60
10/6/22TUTELUS CORPORATION$56.13
10/7/22MRKMERCK &CO. INC$152.21
10/11/22BBYBEST BUY CO INC$21.38
10/13/22MPWMEDICAL PROPERTIES TRUST INC$208.12
10/14/22AQNALGONQUIN PWR UTILS CORP$338.60
10/14/22KBALKIMBALL INTERNATIONAL INC$2.51
10/14/22LEGLEGGETT &PLATT INC$303.42
10/14/22WPCWP CAREY INC$583.13
10/17/22CPTCAMDEN PROPERTY TRUST$14.42
10/17/22EPREPR PROPERTIES$85.49
10/17/22PKGPACKAGING CORP OF AMERICA$20.15
10/19/22BCEBCE INC$388.63
10/20/22PSECPROSPECT CAP CORP$98.13
10/28/22OGEOGE ENERGY CORP$147.03
10/31/22AMNFARMANINO FOODS DISTINCTION INC$44.10
10/31/22BGSB&G FOODS INC$283.29
10/31/22BNSBANK OF NOVA SCOTIA$37.97
10/31/22NUSIETF SER SOLUTIONS NATIONWIDE NASDQ$15.71
10/31/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$44.72

September 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 September I made $5719.32; an increase of 10.15% versus this time last year.  This is below my target of 12.5% but expected as NEWT cut back its dividend after the PPP loans were done. While it was a good month for dividends, my portfolio value severely dropped and was at the lowest point year to date as I am down -15.4%.   

In August I received 5 dividend raises from LMT, MSFT, OGE, VZ & WPC.  Together this will add an additional $55.36 to my annual income going forward. Thankfully the dog days of a dividend raise summer are over and raises begin to pick up in September.

On the family front my middle daughter came down with COVID.  She has since recovered but was kind enough to share as I now have COVID as I write this update. Not really feeling up to writing much more so here are the charts:

DateSymbolCompanyAmount
9/1/22ALEALLETE INC162.97
9/1/22CMICUMMINS INC44.75
9/1/22DIVOAMPLIFY ETF TR CWP ENHANCED DIV111.61
9/1/22PNWPINNACLE WEST CAPITAL CORP210.21
9/1/22PSXPHILLIPS 6629.15
9/1/22SJMSMUCKER J M CO19.66
9/1/22UPSUNITED PARCEL SERVICE INC351.10
9/1/22VLOVALERO ENERGY CORP35.28
9/6/22ENBENBRIDGE INC248.25
9/6/22JNJJOHNSON &JOHNSON200.28
9/6/22PFEPFIZER INC240.92
9/6/22SOSOUTHERN CO70.88
9/6/22ULUNILEVER PLC SPON ADR56.40
9/6/22WMTWALMART INC14.75
9/8/22AMGNAMGEN INC11.85
9/8/22DFSDISCOVER FINANCIAL SERVICES15.69
9/8/22MSFTMICROSOFT CORP68.00
9/9/22SNASNAP-ON INC34.17
9/9/22WBAWALGREENS BOOTS ALLIANCE INC71.22
9/12/22CVXCHEVRON CORP23.96
9/12/22IBMINTERNATIONAL BUS MACH CORP156.84
9/12/22MMM3M CO63.12
9/15/22AVAAVISTA CORP149.38
9/15/22EPREPR PROPERTIES85.49
9/15/22FAFFIRST AMERICAN FINANCIAL CORP168.11
9/15/22GMGENERAL MTRS CO13.55
9/15/22NWLNEWELL BRANDS INC25.56
9/15/22OGNORGANON & CO5.75
9/15/22PRUPRUDENTIAL FINANCIAL INC526.71
9/16/22BHBBAR HARBOR BANKSHARES55.72
9/16/22DUKDUKE ENERGY CORP69.43
9/16/22RRYDER SYSTEM INC58.77
9/20/22CMPCOMPASS MINERALS INTERNATIONAL INC28.65
9/21/22PSECPROSPECT CAP CORP98.13
9/22/22QCOMQUALCOMM INC177.49
9/23/22BPBP PLC SPONSORED ADR9.45
9/23/22KHCKRAFT HEINZ CO9.80
9/23/22LMTLOCKHEED MARTIN CORP25.97
9/23/22WMWASTE MANAGEMENT INC46.92
9/26/22NUSIETF SER SOLUTIONS NATIONWIDE NASDQ16.22
9/26/22SCHDSCHWAB US DIVIDEND EQUITY ETF46.12
9/27/22XRMIGLOBAL X FDS S&P 500 RISK27.09
9/27/22XYLDGLOBAL X FDS S&P 500 COVERED69.86
9/29/22BEPBROOKFIELD RENEWABLE PARTNERS280.59
9/29/22BEPCBROOKFIELD RENEWABLE CORP70.08
9/29/22TROWPRICE T ROWE GROUPS25.40
9/30/22ARCCARES CAPITAL CORP563.87
9/30/22AVGOBROADCOM INC8.50
9/30/22CTOCTO RLTY GROWTH INC67.32
9/30/22GATXGATX CORP55.27
9/30/22NEWTNEWTEK BUSINESS SVCS CORP537.50
9/30/22PEPPEPSICO INC61.14
9/30/22WEYSWEYCO GROUP INC26.41
9/30/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT68.07

August 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 August I made $2963.55; an increase of 12.19% versus this time last year.  The gain is a bit illusionary as 2 normal July payouts slipped to August this year and without those the YoY difference is a gain of just 13 cents or essentially a 0% gain. The AT&T dividend cut was the reason for miniscule growth.

In August I received 1 dividend raises from FAF and 1 reinstated dividend for GM.  Together this will add an additional $67.49 to my annual income going forward. Thankfully the dog days of a dividend raise summer are over and raises begin to pick up in September. Overall August was a weird month for the portfolio as I saw my portfolio rise to a YTD gain of 2.4% by mid August but by the end of August it came back down and is now at a YTD loss of 6.8%.

On the family front my father-in-law passed away after a 9 month battle in nursing homes. He was just a few weeks away from turning 90 so he led a long life. Even though we knew it was coming it was still emotional. I was absent from the blogging world for a few weeks because of this, some things are just more important.

Meanwhile my middle daughter (who just graduated college) decided to move out into her own apartment. I give me children the option to live at home for 3 years to build up savings but she wanted independence. She has always had an “act first – think later” attitude so I think this will be good for her as she learns more from experiences than advice. Thankfully her apartment was on a first floor so I didn’t have to heft any heavy furniture up flights of stairs.

Enough of me babbling, here are the charts:

DateSymbolCompanyAmount
8/1/22TAT&T INC$333.02
8/1/22GISGENERAL MILLS INC$101.94
8/1/22DIVOAMPLIFY ETF TR CWP ENHANCED DIV$106.30
8/1/22AMNFARMANINO FOODS DISTINCTION INC$44.10
8/1/22BGSB&G FOODS INC$277.91
8/1/22VZVERIZON COMMUNICATIONS INC$103.35
8/8/22APDAIR PRODUCTS AND CHEMICALS INC$72.80
8/15/22HASHASBRO INC$58.34
8/15/22OHIOMEGA HEALTHCARE INVESTORS INC$722.72
8/15/22PGPROCTER AND GAMBLE CO COM$121.26
8/15/22ABBVABBVIE INC COM$219.29
8/15/22EPREPR PROPERTIES$85.49
8/15/22PGPROCTER AND GAMBLE CO$121.26
8/16/22IBCPINDEPENDENT BK CORP MICH$49.78
8/18/22PSECPROSPECT CAP CORP$98.13
8/23/22ARTNAARTESIAN RES CORP$208.81
8/24/22FASTFASTENAL$12.91
8/26/22WSMWILLIAMS-SONOMA INC$14.92
8/26/22ODCOIL DRI CORP OF AMERICA$35.90
8/29/22NUSIETF SER SOLUTIONS NATIONWIDE NASDQ$16.63
8/30/22XYLDGLOBAL X FDS S&P 500 COVERED$74.15
8/30/22XRMIGLOBAL X FDS S&P 500 RISK$28.10
8/31/22SBRASABRA HEALTH CARE REIT INC$87.55
8/31/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$90.15

July 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 July I made $3,740.41; a decrease of -5.3% versus this time last year.  GSK’s dividend cut along with two dividend payouts sliding into August.  GSK’s dividend cut was due to its Haleon (HLN) spin-off. HLN does not pay a dividend yet but hopefully will announce a dividend policy later in the year that compensates for the cut.

In July I received 6 dividend raises from ARCC, CMI, DUK, R, SJM, and WBA.  These raises will add an additional $89.63 to my annual income going forward. My biggest disappoint was the Ryder (R) raise of 6.9% which first did not meet inflation and second did not meet my expectation of a 20% raise. On the flip side, the raise from ARCC was unexpected as they increased their dividend back in February, this raise brings their total increase up to 4.88% which is sweet for a high yield BDC.

DateSymbolCompanyAmount
7/1/22AGRAVANGRID$24.13
7/1/22ALLALLSTATE CORP$3.42
7/1/22DIVOAMPLIFY ETF TR CWP ENHANCED DIV$105.13
7/5/22BBYBEST BUY CO INC$19.36
7/5/22GRMNGARMIN LTD$74.76
7/5/22KMBKIMBERLY-CLARK CORP$17.22
7/6/22IRMIRON MOUNTAIN INC$500.07
7/7/22GSKGLAXOSMITHKLINE ADR$116.87
7/7/22TUTELUS CORPORATION$58.05
7/8/22MRKMERCK &CO. INC$151.09
7/14/22MPWMEDICAL PROPERTIES TRUST INC$197.41
7/15/22AQNALGONQUIN PWR UTILS CORP$335.02
7/15/22CPTCAMDEN PROPERTY TRUST$14.42
7/15/22EPREPR PROPERTIES$85.49
7/15/22KBALKIMBALL INTERNATIONAL INC$2.48
7/15/22LEGLEGGETT &PLATT INC$299.81
7/15/22PKGPACKAGING CORP OF AMERICA$8.83
7/15/22WPCWP CAREY INC$580.49
7/20/22BCEBCE INC$405.89
7/20/22PSECPROSPECT CAP CORP$98.13
7/25/22NUSIETF SER SOLUTIONS NATIONWIDE NASDQ$15.65
7/26/22XRMIGLOBAL X FDS S&P 500 RISK$28.76
7/26/22XYLDGLOBAL X FDS S&P 500 COVERED$74.22
7/29/22BNSBANK OF NOVA SCOTIA$30.13
7/29/22CMCANADIAN IMPERIAL BANK OF COMMERCE$305.78
7/29/22OGEOGE ENERGY CORP$144.08
7/29/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$43.72

June 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 June I made $5,789.87; an increase of 26.38% versus this time last year.  Biggest payout I have had this year, if only the first two months of a quarter were this nice.

In June I received 3 dividend raises from GIS, ODC and WPC.  These raises will add an additional $32.70 to my annual income going forward. June is a tough month for raises so I’ll take anything that comes.

Taking a mid-year look at my annual income growth goal of 12.5%, my income is currently exceeding that goal by 3% and the bulk of that is due to the massive 49% dividend raise from United Parcel Service (UPS) back in February. Since UPS is my largest position it made a significant dent, without that I would have been closer to my goal.

On the home front I am finally caught up on maintaining properties for two homes (mine & my father-in-law’s) and I can finally start enjoying summer.   Last year we started our backyard movie nights and cannot wait to get that started again, best part is we could not get a screen last year because of supply chain issues but I was able to get a 120” screen and cannot wait to try it out.  My daughter caught Covid and had a side effect of something called “Covid Eye”, long story short her eye is as swollen as Rocky Balboa’s except she didn’t say cut me Mick.

On another note, fellow blogger Northern Lights Investment is back from a very dangerous surgery and is blogging again but still in need of much recovery and far from out of the woods.  Also, another callout to fellow blogger Dividend Portfolio as he battles cancer and faces a tough road ahead.  Try to keep both in your prayers as they can use all the help they can get.  

Here are the charts we love to see:

DateSymbolCompanyAmount
6/1/22ALEALLETE INC$138.76
6/1/22DIVOAMPLIFY ETF TR CWP ENHANCED DIV$107.69
6/1/22PNWPINNACLE WEST CAPITAL CORP$207.96
6/1/22PSXPHILLIPS 66$28.87
6/1/22SJMSMUCKER J M CO$18.93
6/2/22CMICUMMINS INC$41.04
6/2/22UPSUNITED PARCEL SERVICE INC$345.18
6/3/22ENBENBRIDGE INC$254.72
6/6/22SOSOUTHERN CO$70.24
6/7/22JNJJOHNSON &JOHNSON$199.02
6/7/22VLOVALERO ENERGY CORP$35.28
6/8/22AMGNAMGEN INC$11.76
6/9/22DFSDISCOVER FINANCIAL SERVICES$15.61
6/9/22MSFTMICROSOFT CORP$67.84
6/10/22CVXCHEVRON CORP$23.96
6/10/22IBMINTERNATIONAL BUS MACH CORP$155.03
6/10/22PFEPFIZER INC$239.15
6/10/22SNASNAP-ON INC$33.96
6/10/22WBAWALGREENS BOOTS ALLIANCE INC$70.07
6/13/22MMM3M CO$63.12
6/15/22AVAAVISTA CORP$147.84
6/15/22EPREPR PROPERTIES$85.49
6/15/22FAFFIRST AMERICAN FINANCIAL CORP$163.33
6/15/22NWLNEWELL BRANDS INC$25.56
6/16/22DUKDUKE ENERGY CORP$67.39
6/16/22OGNORGANON &CO$5.71
6/16/22PRUPRUDENTIAL FINANCIAL INC$520.12
6/17/22BHBBAR HARBOR BANKSHARES$54.07
6/17/22RRYDER SYSTEM INC$54.57
6/17/22WMWASTE MANAGEMENT INC$46.92
6/21/22CMPCOMPASS MINERALS INTERNATIONAL INC$28.65
6/21/22PSECPROSPECT CAP CORP$98.13
6/21/22ULUNILEVER PLC$58.55
6/23/22QCOMQUALCOMM INC$177.49
6/24/22BPBP PLC$8.59
6/24/22KHCKRAFT HEINZ CO$9.70
6/24/22LMTLOCKHEED MARTIN CORP$25.80
6/27/22SCHDSCHWAB US DIVIDEND EQUITY ETF$33.46
6/28/22NUSIETF SER SOLUTIONS NATIONWIDE NASDQ$15.93
6/29/22TROWPRICE T ROWE GROUPS$25.14
6/29/22XRMIGLOBAL X FDS S&P 500 RISK$50.36
6/29/22XYLDGLOBAL X FDS S&P 500 COVERED$146.02
6/30/22ARCCARES CAPITAL CORP$551.61
6/30/22AVGOBROADCOM INC$8.43
6/30/22BEPBROOKFIELD RENEWABLE PARTNERS$280.60
6/30/22BEPCBROOKFIELD RENEWABLE CORP$70.08
6/30/22CTOCTO RLTY GROWTH INC$64.97
6/30/22GATXGATX CORP$55.27
6/30/22NEWTNEWTEK BUSINESS SVCS CORP$620.19
6/30/22PEPPEPSICO INC$60.72
6/30/22WEYSWEYCO GROUP INC$26.16
6/30/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$74.83

May 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 May I made $2,821.76; an increase of 13.98% versus this time last year.  Not too shabby considering this was the first month of AT&Ts lower payout.

In May I received 8 dividend raises from AQN, BNS, CM, CTO, LEG, PKG, PSX and TU.  A solid month for raises that should add an additional $221 to my annual income going forward. 

On the home front it has just been busy as I take care of maintaining property for two homes (mine & my father-in-law’s).   The good news is all this yard work is making me loose some of the winter fat and hopefully I’ll be slimmed down to my usual summer weight.

My middle daughter graduated from college this month and already started a full-time career in corporate accounting.  Down to just one child left in college and fingers crossed he will be graduating early in December of 2023.  Next milestone is to get all three kids out of the house and on their own. Here are the charts we love to see:

DateSymbolCompanyAmount
5/2/22BGSB&G FOODS INC$273.24
5/2/22GISGENERAL MILLS INC$95.60
5/2/22TAT&T INC$333.02
5/2/22VZVERIZON COMMUNICATIONS INC$102.01
5/5/22BLVVANGUARD BD INDEX FDS LONG TERM BOND$14.05
5/5/22VCLTVANGUARD SCOTTSDALE FUNDS LONG-TERM COR$16.16
5/6/22HYGISHARES TR IBOXX HI YD ETF$19.46
5/6/22PFFISHARES TR PFD AND INCM SEC$43.65
5/9/22APDAIR PRODUCTS AND CHEMICALS INC$67.51
5/13/22OHIOMEGA HEALTHCARE INVESTORS INC$722.72
5/16/22ABBVABBVIE INC$217.27
5/16/22EPREPR PROPERTIES$85.49
5/16/22HASHASBRO INC$46.01
5/16/22IBCPINDEPENDENT BK CORP MICH$48.94
5/16/22PGPROCTER AND GAMBLE CO$120.53
5/19/22PSECPROSPECT CAP CORP$155.54
5/23/22ARTNAARTESIAN RES CORP$207.60
5/25/22FASTFASTENAL$12.83
5/27/22ODCOIL DRI CORP OF AMERICA$33.16
5/27/22WSMWILLIAMS-SONOMA INC$14.14
5/31/22NUSIETF SER SOLUTIONS NATIONWIDE NASDQ$17.65
5/31/22SBRASABRA HEALTH CARE REIT INC$87.16
5/31/22WMTWALMART INC$14.75
5/31/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$73.27

April 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 March I made $3,828.61; a decrease of -3.34% versus this time last year.  The main culprit for the decrease was my BGS payment sliding out into early May versus April of last year.

In April I received 7 dividend raises from ARTNA, BHB, DFS, IBM, JNJ, PG and SO.  A solid month for raises that should add an additional $131 to my annual income going forward. 

On the home I haven’t had much time as for some reason work has become stressful and I’ve been mentally fatigued lately.  Unfortunately, it has spilled into early May but hopefully things will lighten up soon.

Here are the charts we love to see:

DateSymbolCompanyAmount
4/1/22AGRAVANGRID$23.91
4/1/22ALLALLSTATE CORP$3.40
4/1/22BEPCBROOKFIELD RENEWABLE CORP$70.08
4/4/22GRMNGARMIN LTD$68.23
4/4/22KMBKIMBERLY-CLARK CORP$17.06
4/4/22WMTWALMART INC$14.75
4/5/22TUTELUS CORPORATION$57.93
4/6/22BLVVANGUARD BD INDEX FDS LONG TERM BOND$21.29
4/6/22IRMIRON MOUNTAIN INC$498.67
4/6/22VCLTVANGUARD SCOTTSDALE FUNDS LONG-TERM COR$14.96
4/7/22HYGISHARES TR IBOXX HI YD ETF$21.20
4/7/22MRKMERCK &CO. INC$149.88
4/7/22PFFISHARES TR PFD AND INCM SEC$48.38
4/11/22GSKGLAXOSMITHKLINE ADR$203.95
4/14/22AQNALGONQUIN PWR UTILS CORP$307.69
4/14/22MPWMEDICAL PROPERTIES TRUST INC$192.37
4/14/22WPCWP CAREY INC$577.88
4/18/22CPTCAMDEN PROPERTY TRUST$14.42
4/18/22EPREPR PROPERTIES$85.49
4/18/22KBALKIMBALL INTERNATIONAL$2.45
4/18/22LEGLEGGETT &PLATT INC$269.39
4/18/22PKGPACKAGING CORP OF AMERICA$4.04
4/20/22BCEBCE INC$410.73
4/20/22PSECPROSPECT CAP CORP$155.54
4/25/22NUSINATIONWIDE RISK-MANAGED INCOME ETF$18.28
4/26/22XRMIGLOBAL X FDS S&P 500 RISK$29.73
4/29/22AMNFARMANINO FOODS DISTINCTION INC$42.60
4/29/22BNSBANK OF NOVA SCOTIA$29.01
4/29/22CMCANADIAN IMPERIAL BANK OF COMMERCE$293.22
4/29/22OGEOGE ENERGY CORP$142.64
4/29/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$39.44

March 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 March I made $5,343.37; an increase of 26.07% versus this time last year.

In March I received 4 dividend raises from AMNF, QCOM, WSM and WPC which is a far cry from the 20 I received last month but welcomed none the less. 

On the home front my daughter received a stay of execution on her job as they received a late round of funding which should keep the company open for another year and the good news is she received a $10K retention bonus for being loyal. This takes a little stress off of her and myself. 

At my place of work, I received my annual pay raise mid-month but it was pretty small in comparison to inflation.  I did increase my 401K contribution by 1% but just could not swing an increase to my weekly M1 finance contribution.   Even the 1% increase I am questioning as costs have risen but hey no pain no gain.  This now brings my annual savings rate up to 25.9% from 24.9% last year.

2022202120202019201820172016201520142013
401K12%11%10%10%10%10%10%10%10%10%
Brokerage4.50%4.50%4%3.70%1%0.80%0.50%0.70%
Roth IRA9.40%9.40%8.30%5.40%1.90%
Total Saving Rate25.90%24.90%22.30%19.10%12.90%10.80%10.50%10.00%10.00%10.70%
10 Year Savings Rate

Let’s see the things we all love to see…charts and dividend payouts:

DateSymbolCompanyAmount
3/1/22ALEALLETE INC$137.32
3/1/22NUSIETF SER SOLUTIONS NATIONWIDE NASDQ$38.14
3/1/22PNWPINNACLE WEST CAPITAL CORP$116.99
3/1/22PSXPHILLIPS 66$27.09
3/1/22SJMSMUCKER J M CO$17.81
3/2/22FASTFASTENAL$12.76
3/2/22XRMIGLOBAL X FDS S&P 500 RISK$52.77
3/3/22CMICUMMINS INC$40.74
3/3/22DFSDISCOVER FINANCIAL SERVICES$12.95
3/3/22ENBENBRIDGE INC$249.40
3/3/22VLOVALERO ENERGY CORP$35.28
3/4/22BLVVANGUARD BD INDEX FDS LONG TERM BOND$13.34
3/4/22PFEPFIZER INC$237.15
3/4/22VCLTVANGUARD SCOTTSDALE FUNDS LONG-TERM COR$14.18
3/7/22HYGISHARES TR IBOXX HI YD ETF$19.47
3/7/22PFFISHARES TR PFD AND INCM SEC$43.10
3/7/22SOSOUTHERN CO$67.50
3/8/22AMGNAMGEN INC$11.66
3/8/22JNJJOHNSON & JOHNSON$185.52
3/10/22CVXCHEVRON CORP$23.96
3/10/22IBMINTERNATIONAL BUS MACH CORP$152.12
3/10/22MSFTMICROSOFT CORP$67.69
3/10/22SNASNAP-ON INC$25.26
3/10/22UPSUNITED PARCEL SERVICE INC$339.60
3/11/22PRUPRUDENTIAL FINANCIAL INC$514.39
3/11/22WBAWALGREENS BOOTS ALLIANCE INC$67.01
3/14/22MMM3M CO$63.12
3/15/22AVAAVISTA CORP$146.43
3/15/22EPREPR PROPERTIES$77.71
3/15/22FAFFIRST AMERICAN FINANCIAL CORP$163.33
3/15/22NWLNEWELL BRANDS INC$25.56
3/16/22DUKDUKE ENERGY CORP$66.77
3/17/22BHBBAR HARBOR BANKSHARES$49.50
3/17/22OGNORGANON & CO$5.65
3/18/22RRYDER SYSTEM INC$54.57
3/21/22CMPCOMPASS MINERALS INTERNATIONAL INC$28.65
3/22/22PSECPROSPECT CAP CORP$155.54
3/24/22QCOMQUALCOMM INC$160.93
3/24/22ULUNILEVER PLC SPON ADR$61.97
3/25/22BPBP PLC SPONSORED ADR$8.59
3/25/22KHCKRAFT HEINZ CO$9.60
3/25/22LMTLOCKHEED MARTIN CORP$25.63
3/30/22TROWPRICE T ROWE$23.75
3/31/22ARCCARES CAPITAL CORP$551.61
3/31/22AVGOBROADCOM INC$8.37
3/31/22BEPBROOKFIELD RENEWABLE PARTNERS$280.60
3/31/22CTOCTO RLTY GROWTH INC$61.62
3/31/22GATXGATX CORP$55.27
3/31/22NEWTNEWTEK BUSINESS SVCS CORP$537.50
3/31/22PEPPEPSICO INC$56.40
3/31/22WEYSWEYCO GROUP INC$25.90
3/31/22WMWASTE MANAGEMENT INC$46.92
3/31/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$68.68

February Dividend Income

Before I start this post, I just wanted to state it is hard for me to get excited about finances the last few days.  There is so much tension and tragedy around Russia’s invasion of Ukraine to the point where it is depressing seeing it unfold.  I know there are fellow international bloggers whose sites I visit regularly and their country borders or is near a border with Russia of which I cannot imagine how they feel as Russia is saber rattling to those countries like Sweden, Finland, and others.   I have said my peace and will keep the Ukrainian people in my prayers.  Now onto the monthly post…

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 $3,006.83; an increase of 5.96% versus this time last year.

In February I received 20 dividend raises which is a new record for me as the most raises ever in a single month. 

On the home front we are still dealing with health issues with extended family members.  My oldest daughter was just notified her company is closing and her last day will be the end May.  She is taking the news as best as she can, but my fear is with only 2 years of experience she may struggle to find a job.   

The end of February is my annual review at work which went fairly well as I received a 4% raise which will kick in around mid March.  I will most likely be redirecting some of that to future savings but not too much as 4% did not even cover inflation.

Let’s see the things we all love to see…charts and dividend payouts:

DateSymbolCompanyAmount
2/1/22CMCANADIAN IMP BK COMM$292.04
2/1/22GISGENERAL MILLS INC$94.89
2/1/22TAT&T INC$624.04
2/1/22VZVERIZON COMMUNICATIONS INC$100.77
2/4/22BLVVANGUARD BD INDEX FDS LONG TERM BOND$14.45
2/4/22VCLTVANGUARD SCOTTSDALE FUNDS LONG-TERM COR$16.57
2/7/22HYGISHARES TR IBOXX HI YD ETF$19.26
2/7/22PFFISHARES TR PFD AND INCM SEC$39.59
2/14/22APDAIR PRODUCTS AND CHEMICALS INC$34.17
2/15/22ABBVABBVIE INC COM$215.15
2/15/22EPREPR PROPERTIES$77.71
2/15/22HASHASBRO INC$40.33
2/15/22IBCPINDEPENDENT BK CORP MICH$43.26
2/15/22OHIOMEGA HEALTHCARE INVESTORS INC$722.72
2/15/22PGPROCTER AND GAMBLE CO$114.15
2/17/22PSECPROSPECT CAP CORP$155.54
2/23/22ARTNAARTESIAN RES CORP$202.33
2/25/22ODCOIL DRI CORP OF AMERICA$28.20
2/25/22WSMWILLIAMS-SONOMA INC$12.87
2/28/22SBRASABRA HEALTH CARE REIT INC$86.75
2/28/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$72.04

January 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 January I made $3,699.22; an increase of 19.41% versus this time last year. January was a pretty cold month with lots of snow but this increase kept me pretty warm :).   Markets were crazy but my portfolio held up well most likely due to investors rotating into value and/or dividend paying stocks.

In January I received 5 dividend raise announcements from Chevron (CVX), Fastenal (FAST), GATX Corp (GATX), Independent Bank Corp (IBCP), and Kimberly-Clark Corp (KMB) which all together add $30.79 to my annual forward dividend.

On the home front we are still dealing with health issues with extended family members, but some of the craziness has settled down.  My job on the other hand has been a bit more demanding but it may just be people all energized for a new year. As much as I have enjoyed my career, I am noticing the closer I get to FI the less patience I’m having with the job and co-workers. Guess we can call this the FI effect (lol)!  Let’s see the things we all love to see…charts and dividend payouts:

DateSymbolCompanyAmount
1/3/22AGRAVANGRID$23.71
1/3/22PPLPPL CORP$490.05
1/3/22WMTWALMART INC$14.48
1/4/22GRMNGARMIN LTD$67.89
1/4/22KMBKIMBERLY-CLARK CORP$16.63
1/6/22IRMIRON MOUNTAIN INC$497.17
1/6/22TUTELUS CORPORATION$56.52
1/7/22MRKMERCK &CO. INC$148.57
1/7/22PEPPEPSICO INC$56.05
1/13/22MPWMEDICAL PROPERTIES TRUST INC$185.17
1/14/22APTSPREFERRED APARTMENT COMMUNITIES INC$82.97
1/14/22AQNALGONQUIN PWR UTILS CORP$244.27
1/14/22KBALKIMBALL INTERNATIONAL INC$2.43
1/14/22LEGLEGGETT &PLATT INC$105.19
1/14/22PKGPACKAGING CORP OF AMERICA$4.00
1/14/22WPCWP CAREY INC$575.25
1/18/22CPTCAMDEN PROPERTY TRUST$12.73
1/18/22EPREPR PROPERTIES$77.71
1/18/22GSKGLAXOSMITHKLINE ADR$172.74
1/20/22BCEBCE INC$175.73
1/20/22PSECPROSPECT CAP CORP$155.54
1/24/22AMNFARMANINO FOODS DISTINCTION INC$39.05
1/28/22OGEOGE ENERGY CORP$141.09
1/31/22BGSB&G FOODS INC$269.11
1/31/22BNSBANK OF NOVA SCOTIA$29.01
1/31/22NUSIETF SER SOLUTIONS NATIONWIDE NASDQ$13.20
1/31/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$42.96