I started focusing on dividend investing early last year and therefore, this is going to be first full year where I can see the benefits of investments from last year. Starting this blog and documenting my progress has been really a great factor to keep me focused on investing regularly and aggressively. So let’s take a look at the dividends received in February 2015.
After a wonderful and smashing start to dividends in January, February 2015 turned out to be a slow month for me in terms of dividends. I just received $100.42 in Feb which is far less than over $230 received in Jan. Of course, the 1st month of the quarter is always my best one and the middle month is my slowest month. Towards the middle of the month, I wasn’t sure if I will even break the $100 mark. In 3rd quarter of 2014, I crossed the three figure mark for all months of the quarter and I sure didn’t want to break the streak and go back to two figures – especially when I am marching towards hitting the $200 mark in all months of the quarter.
Here are the dividends for February 2015.
- Apple (AAPL) – $32.90
- Citibank (C) – $0.15
- General Mills (GIS) – $4.10
- Procter & Gamble (PG) – $12.87
- Cracker Barrel Old Country Store, Inc (CBRL) – $15.00
- Clorox (CLX) – $11.10
- Kinder Morgan Inc (KMI) – $24.30 (first dividend)
Here is how February 2015 compares with previous months.
- February 2014: $43.47, increased by $56.95, 131.00% increase.
- November 2014: $118.32, decreased by $17.90, 15.12% decrease.
As seen above, the dividends in February dropped compared to my November 2014 dividends primarily because of two reasons:
- ARCP eliminated its dividend starting this year and that dropped my dividends by about $10.00 compared to November 2014
- Also, the switch from KMP to KMI reduced the dividends from $35.00 to $24.30
I am sure May 2015 will be much better than this with new investments as well as potential dividend increases.
Here are some charts looking at dividend growth over the years 🙂
The below chart shows February dividends over the years. Looking forward to seeing this chart go higher and higher.
The below chart shows the dividends that I have received until February each year. By February last year, I had received $171.99 and it has grown to $336.27 this year.
The below chart represents the total annual dividends. Looking at the numbers below, I have received little over 21% of my entire 2014 dividends in just 2 months in 2015. That’s really impressive.
Progress for 2015:
With February dividends of $100.42, I have received 13.45% of my 2015 target of $2,500.00. I still need to keep adding capital early to take advantage of the dividends during the remaining quarters to meet the goal for this year.
The dividends page will be updated to reflect the February dividends.
Disclosure: Long on all stocks mentioned above.