Thursday, March 16, 2017

February Dividend Income

I have collected $64.41 in dividend income so far this year!  This month I received income from FOUR different sources. This is fewer than January but I am not discouraged because I see great the great strides I have made in my investing journey. Compared to to 2016 my dividends in February decreased by 7.8%.  This is due to the volatility in the BX dividend paid - so will be staying away from this one for a little while.  In fact, I would actually like to close this position at some point so that I can stop having to file K-1s for it (previously I did not take into account the additional tax work necessary from this small investment).  STILL just like every month - my portfolio is definitely not yet where I want it to be, but I continue to follow the right track as you can see from my February purchases.  I am happy however to announce that Fundrise has started an automatic dividend reinvestment program.  SO, I will test this out and see what it leads to. 

** See more charts below thanks to my friend at Two Investing.  If you have not visited his site yet, I strongly recommend you do so. I found his Dividend Spreadsheet extremely useful.  The Screenshots below are from his workbook, which give a good overview of the direction I am headed in.

I appreciate everyone who has viewed and commented on my blog.  As always, I strongly encourage you to comment even if you are just messaging that you have visited.  I'd like to hear your thoughts and views.











Full Disclosure: Long ALL HOLDINGS IN MY PORTFOLIO

I'm not an investment professional or a licensed financial advisor. This blog represents my personal views and decisions, which may not be appropriate for other investors. Please use common sense or consult with an investment professional before investing your money. I am not responsible for the outcomes of your decisions, nor am I responsible for the comments posted by readers or the contents of any linked websites. This blog should viewed for educational or entertainment purposes only.

2 comments:

  1. Nice results from just a handful of companies. I hear you about those K-1s. Way back when I held pipeline stocks like EPD, ETP and more it was annoying getting them in the mail after I already filed taxes as they were always mailed out later in the year. Keep building that passive income stream. Still a nice showing for Feb even though it was basically flat year over year.

    ReplyDelete
  2. Nice work, looks like you will have a solid year this year.

    ReplyDelete