March 2020 Income
March 2020 brought in $1465.75 in dividend income. This was down very slightly from last March, which brought in $1497.15. When you consider the fact that I diversified into a lot of alternative investments, this result is great! It is helped greatly by the dividends that the new 401k brings in, which is currently valued at $81,030 (down from a peak of just over $100k before the recent market selloff).
With the forward 12-month dividend income of $11,088.32, I am making $1.27/hour 24/7 365 days a year! Pretty sweet.
| Symbol | Dividend Amount |
|---|---|
| ADM | $23.16 |
| AFL | $37.91 |
| AMGN | $150.04 |
| AVA | $74.34 |
| BBL | $188.77 |
| BAC | $77.08 |
| BP | $53.00 |
| EMR | $56.49 |
| GILD | $144.55 |
| LHX | $20.23 |
| HSY | $25.15 |
| IBM | $115.35 |
| INTC | $43.92 |
| JNJ | $49.38 |
| KR | $24.44 |
| O | $21.98 |
| PGX | $0.05 |
| QCOM | $31.95 |
| TGT | $86.23 |
| V | $29.06 |
| WFC | $50.50 |
| F | $71.70 |
| XOM | $28.71 |
| CVX | $61.76 |
Total dividends for March 2020: $1465.75
Total cumulative dividend income for 2019: $2,553.47
Forward 12-Month Dividends: $11,088.32
Hourly wage based on 40 hour work week (2087 hrs): $5.31/hour
Hourly wage based on non-stop work (8760 hrs): $1.27/hour
Total option income for March 2020: $0
Total cumulative option income for 2020: $0
Full disclosure: Long all the above stocks
Nice total, Scott! That’s an impressive AMGN dividend, too. I can’t say I’ve seen one that high. It was joined by 3 other triple-digit dividend payers as well – sweet. I’m sure the YoY growth will return soon. I shared 8 dividend payers with you this month… a decent overlap.
Engineering Dividends recently posted…Monthly Dividend Income (Mar. 2020)
Thanks, Engineering Dividends! I love reading other people’s monthly dividend reports because it gives me good ideas for future investments.
TwoInvesting –
Impressive dividend income for March, for sure. Let’s continue to grow that hourly wage!!
-Lanny
Thanks, Lanny! Always good to hear from you.
Scott
Bringing in four digits is always impressive. Keep up the good work. Nice to see we share quite a few name too. Keep pumping that 24/7 hourly wage!!!
DivHut recently posted…Dividend Income Update March 2020
DivHut,
Thanks for the kind words! I’ve been getting a few “vacation” days off the last couple weeks since there hasn’t been enough business at work. It is at least nice to know that I am still making a tiny amount even when I’m not officially working.
Scott
Love it Scott
That is a solid income and got to love seeing multiple positions paying over 100 in a quarter. Those are the little milestones I like hitting.
Keep it up man, You will be setting new records in no time!
cheers
Congrats on the solid dividend income for March! Almost $1,500 is pretty damn awesome. $5.31/hour based on 40 hours per week is pretty nice. Keep it up.
Hello Scott,
I’m a german so my english is not the best …. this is one of the first comments on a website outside from Germany ….. I am also a Dividend investor and wish you all the best … great blog … I come back …
Thanks a lot for the inspiration
Yours sincerelly
Uwe