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.
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.
Impressive dividend income for March, for sure. Let’s continue to grow that hourly wage!!
Thanks, Lanny! Always good to hear from you.
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
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.
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!
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.
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