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.

SymbolDividend 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

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11 Responses

  1. 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)My Profile

  2. TwoInvesting –

    Impressive dividend income for March, for sure. Let’s continue to grow that hourly wage!!

    -Lanny

  3. DivHut says:

    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 2020My Profile

    • scott says:

      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

  4. 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

  5. Tawcan says:

    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.

  6. Uwe says:

    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

  1. April 23, 2020

    […] Two Investing – $1,465.75 – After some nice portfolio rebalancing, Two Investing delivered another strong month here in March.   The dividends per hour are continuing to grow and will help fuel that retirent one day 🙂 […]

  2. April 23, 2020

    […] Two Investing – $1,465.75 – After some nice portfolio rebalancing, Two Investing delivered another strong month here in March.   The dividends per hour are continuing to grow and will help fuel that retirent one day […]

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