With March coming to a close, it’s time for another dividend report! My portfolio keeps pumping out these sweet, sweet divis like clockwork on a regular basis without my doing anything; it truly is a wonderful feeling to see that free money hit my account every month without having to lift a finger. Sometimes, I have to pinch myself to make sure that it’s all real…am I really earning this passive income? Hellz to the yes I am! Long live dividend investing! 😀
On that note, let’s take a look at what I earned in March.
|Johnson & Johnson||$15.00|
|National Oilwell Varco||$14.72|
|Textainer Group Holdings||$3.60|
Woooot! I broke the $100 mark for the second time ever! Yayayay!
The first time I achieved this milestone was back in September, when I scored $107.4 in passive income, which to this day remains my all-time record bounty. Unfortunately, like that of many other fellow investors, my portfolio has since then suffered quite a few painful dividends cuts due to the difficult times the energy and commodity sectors are currently navigating. This resulted in my coming just short of the $100 mark in December, which was certainly a sad way to end the year (#firstworldproblems).
But now, it seems that my portfolio is getting back on track. Breaking the $100 mark this early in the year is a big win and an even bigger motivator for me to keep saving and investing. I’m still aiming to reach the $1200/year target by the end of 2016, and with my annual income currently sitting around $1036, I think I am on track to achieve my goal, short of any further major dividend cuts. Only time will tell.
Anyway, that wraps up this month’s dividend recap. Onward to April!
Disclosure: long AMGN, CVX, EMR, INTC, JNJ, LMT, NOV, SE, TGH, UL, WFC