Another month is gone. February was such a short month, but I’m glad it’s over. Currently, I’m super busy at work and will be for the foreseeable future. I guess the equivalent might be an accountant who gets busy because it’s tax season. In any case, it is what it is. Even working long hours, sometimes twelve hours per day, sometimes more, I hope I find time to blog. Blogging is a nice reprieve and I love doing it. And, one of my favorite posts to write is at the beginning of the month where I get to report on my dividend income for the previous month. January was an off month, but let’s see how my dividend portfolio did in February.

Dividend Income

In February, I received a total of $77.66 in dividends broken down as follows:

AAPL — $5.97

ABBV — $13.26

GIS —- $8.97

HRL — $7.17

O —– $7.09

PG — $10.17

SBUX – $6.06

T —– $18.97

Now, that’s more like it. That’s the most I’ve ever received in a single month and it came from a respectable 8 number of companies. Honestly, it’s been very difficult maintaining the increased level of contributions to my dividend portfolio. It’s tough but certainly achievable and seeing numbers like this gives me motivation to keep going. AT&T gave me enough dividends to purchase 0.5 shares of the same company. I can’t wait until that reaches 1 share. I love the power of compounding growth over time.

Unfortunately, I didn’t start tracking my dividends until April of last year. So, I have to wait until April of this year before I can begin a year on year comparison. It’s going to be exciting!

The dividend tracker has been updated accordingly.







Forward Annual Dividends

At the time of this writing, my forward annual dividends is $732.93. I’ll be updating my portfolio next week to reflect the $600 per month that I invest with Capital One Investing. By the way, because Capital One Investing will be moving to E*trade later this year, it’s unclear if E*trade will be keeping the same advantage program as Capital One Investing. If they don’t, there might be a brief pause on my monthly trades as I work to find a solution. But, until that time, I’ll maintain my current level of contributions and cross that bridge when I get there.

No additional stocks were purchased in February.

Conclusion

February was a much better month for my dividend income than January. Truthfully, I’m thankful for every dividend amount no matter how small. But, it’s nice to see big numbers every now and again. This year, I’m really hoping to cross the 3 digit mark in a single month and I feel like it’s going to happen. But until then, I’ll be moving forward at the speed of exponential growth.

How was February for you? Let me know your thoughts by commenting below.