February 2017 Income

Better late than never! I’ve been super busy with work, traveling to a prostate cancer conference in San Francisco, and traveling with my girlfriend. While the blogging has slowed a bit, I’ve still been actively trading options and buying stocks. My portfolio has also continued to generate some awesome passive dividend income without me doing anything!

In total, I received $232.81 in dividends for February 2017. Last February I received $319.36. The decrease was mainly due to receiving $100 less this year from Apple’s dividend (since I had sold some of my Apple shares). I had also sold out of my position in KMI. While the year-over-year decrease is disheartening, I have been positioning my shares for better performance/ dividend payouts for the future.

Thanks to $105.99 I received in options premiums, my total passive income for the month was $338.80, a small increase over last February’s total when option income is also taken into account.

I currently have a couple open options on GILD.

Total option income for February 2017: $105.99
Total cumulative option income for 2017: $220.98


Symbol Dividend Amount
AAPL $90.95
CAT $41.43
O $11.84
PGX $1.33
RY $33.61
T $53.65

Total dividends for February 2017: $232.81
Total cumulative dividend income for 2017: $389.70
Forward 12-Month Dividends: $6201.76


Full disclosure: Long all the above stocks

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8 Responses

  1. Very nicely done, it is a shame that it is slightly less than last years, but if you have diversified then this will make up for it in other months when the new stocks payout. Overall, a nice result adding to your forward yearly income. Well done to you.

  2. DivHut says:

    Looks like options saved the day. Still, a good showing for dividend income even with less AAPL shares on hand and no more KMI in your portfolio. Always love seeing a Canadian bank in the mix too. Nice results, thanks for sharing.
    DivHut recently posted…Insuring Your Portfolio With Insurance StocksMy Profile

  3. Stalflare says:

    I think that once a PF reaches “maturity”, meaning that you reinvest but smaller amounts of money compared to the initial deployment phase, there are always going to be months that are less profitable compared to the year before, dividend dates change and also some companies might change too in the construction of the PF. The important number is at the end of the year of course! From the prospect of your PF it seems that you are above 3% YOC with your holdings, that’s a great result in my opinion.
    Ciao ciao
    Stal

  4. Divi Cents says:

    Great work Scott!

    I’ve had some months that were less the previous quarters and it can be a bit discouraging. I have remind myself that this is a long term plan and there will be many bumps along this road.

    Also-$6200 in forward divi’s is legit.
    Divi Cents recently posted…Dividend Income – February 2017My Profile

    • scott says:

      Thanks, Steve! Definitely a longterm plan, though solely from a capital appreciation, things are looking really good! It will be exciting to see how March ends up. It is looking like from here on out for the rest of the year I will be making pretty significant dividend increases year-over-year each month. In April alone it will be over 100% increase from last April.

      Scott

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