March 2017 Income
I set a new monthly record this month! My first greater than $1000 dividend month. $1042.60!
I didn’t think I was going to do it. Turns out that I did not see that BBL had significantly increased its dividend (from 0.28 to 0.8 per half-year). I wonder if this is a one-time thing or if this new semi-annual dividend amount will hold?
The March 2017 total of $1042.60 is a 40.7% increase from March 2016 where I received $740.86. From here on out it is looking like the rest of the months will be slightly to significantly higher than the payouts received last year. It is finally looking like I have recovered from the dividend cuts.
Options: I collected $72.96 in options premium this month. I also have $191.98 in premium received for two open put positions in GILD and TGT. See my options trading page for more details. I don’t account for this premium until I have closed out of the position.
Total dividends for March 2017: $1042.60
Total cumulative dividend income for 2017: $1,481.58
Forward 12-Month Dividends: $6628.59
Hourly wage based on 40 hour work week (2087 hrs): $3.18/hour
Hourly wage based on non-stop work (8760 hrs): $0.76/hour
Total option income for March 2017: $72.96
Total cumulative option income for 2017: $293.94
Full disclosure: Long all the above stocks