February 2020 Dividend Income & Recent Buys

Wow what a last week to end the month! We’re officially in correction territory now for the markets. The S&P 500 has seen five of them since the start of the bull market, with the last one occurring 14 months ago. Ready to stick with the plan and will find out what March brings. It will be very interesting to see if the declines continue on Monday’s open.

Below is the dividend income received during February: (Values are in USD)

ABBV – 53.10

ALLY – 11.40

APD – 13.92

CAT – 24.72

CL – 12.04

CLX – 20.14

CVS – 25.00

GIS – 61.25

GWRS – 3.62

NWN – 3.34

O – 10.46

PG – 14.17

T – 33.80

T* – 36.49

WRK – 23.25

_______________________

February Dividend Totals: $346.70

Total Companies: 14 (positions marked “*” are held in an IRA)

Month Increase YoY: 52.6%

March Watchlist: Everything (all equities look pretty attractive right now 😉)

February Purchase(s):

Unfortunately most of these purchases were made before the nice pullback at the end of the month. The first five purchases actually. With the remaining three made during the last couple days in the month. So warning, it wasn’t a great month as far as entry points go.

Below each purchase is a max view chart taken at the end of the month. These screenshots are from Google Finance and include some extra metrics.

50 shares – KHC @ $26.60 (new position)

25 shares – XOM @ $61.29 (new position)

15 shares – GILD @ $68.33 (new position)

1 share – AVGO @ $319.18 (existing position)

2 shares – DFS @ $75.39 (existing position)

3 shares – CSCO @ $41.79 (new position)

4 shares – ADP @ 165.50 (new position)

10 shares – VTI @ 149.23 (new position)

These (8) purchases added $277.08 to yearly dividend income.

It was a crazy month. A lot of forward dividend added, but the net worth took a decent hit with all the declines during the last week. I remember scrolling through all the stocks I follow on Friday, and honestly they all looked appealing, so I bought (a small piece of) them all through that last VTI purchase. Had to dip into the ca$h reserves for the last couple of buys, but have been expecting this type of decline for a while. Will be ready and reloaded for whatever March brings.

Let me know below if you plan on putting any money to work in March and what you are watching in the markets – thanks for reading!

-Divcome

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7 thoughts on “February 2020 Dividend Income & Recent Buys

  1. wow nice man. A 52% increase is fantastic! congrats and some nice names in there. Id love to start a position in Cat. Hopefully it pulls back more with this stuff going on.

    So many purchases too, love it man. I like the tech names!

    March im sure ill make a purchase but dont know what yet, the market changes too fast these days. haha

    keep it up
    cheers

    Like

    1. Thanks yeah the roller coaster market keeps going, definitely agree about the fast changes haha. Cat is a solid company with their latest dividend increase being really nice, hope u find an entry price, but a lot of companies are looking attractive right now!

      Regards-
      Divcome

      Like

  2. Excellent, excellent month Divcome. I love the growth and progress you are making. Those were some excellent purchases. I can’t believe the price of XOM these days and many of these other great oil companies. It seems very irrational to me, to be honest. In the end, sure, you missed the dip in February. In the long run though, you are going to be just fine. You can’t control what happens or the timing. It is a fools errand to try and do so.

    Keep on pushing forward!

    Bert

    Like

    1. Hey Bert! Thank u and will be checking out your guy’s reports later! Yeah xom and others have been acting odd lately, does seem irrational. Great advice. So many options out there now with the declines!

      Cheers-
      Divcome

      Like

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