March 2020 Dividend Income & Recent Buys

Goodbye March 👋 Hello to April and a fresh start! Hope you all are staying safe and healthy out there. This was a tough month, especially with everything going on. Stay strong and positive – we can make it through this!

Back to the financial-side of the report, below is the dividend income received during March: (Values are in USD) 

ADM – 23.40

ALE – 24.70

AVGO – 22.75

AWK – 20.00

AWR – 15.25

BA – 12.33

CHD – 17.28

CVX – 25.80

D – 20.68

DFS – 7.92

EMR – 20.00

FLIC – 18.90

FLO – 19.00

GILD – 10.20

GWRS – 3.62

IBM – 32.40

KEY – 18.50

KHC – 20.00

LYB – 24.15

MCD – 26.25

MMM – 32.34

O – 10.46

PEP – 14.33

PEP* – 22.17

PLOW – 12.88

ROST – 7.98

RDSB* – 24.44

ROL* – 7.23

SAFT – 4.50

SJM – 20.24

SO – 40.30

TGT – 42.90

UL – 24.84

UNP – 19.40

VTI* – 10.43

WCN – 6.11

WM – 21.80

WTR – 12.18

XOM – 21.75

XYL – 1.30

YUM – 7.99

YUMC – 1.68

_______________________ 

March Dividend Totals: $750.38

Total Companies: 41 (positions marked “*” are held in an IRA) 

Month Increase YoY: 62.9%

March Purchase(s):

Hold on – this section is crazy long. Tried to make at least one purchase every down day, and there were a lot of down days… The plan is to average into some of the newer positions, with smaller amounts invested to not go “all in” right away. The zero fees on purchases definitely helps with this approach.

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

Let’s get things rolling here…

5 shares – WM @ $99.46 (existing position)

5 shares – WM @ $95.35 (existing position)

2 shares – AWK @ $133.21 (existing position)

2 shares – AWK @ $119.32 (existing position)

3 shares – MMM @ $147.77 (existing position)

17 shares – CSCO @ $37.94 (existing position)

7 shares – ADP @ $149.75 (existing position)

2 shares – ADP @ 120.67 (existing position)

5 shares – SYK @ $176.21 (new position)

10 shares – DFS @ $54.60 (existing position)

8 shares – SAFT @ 73.75 (existing position)

2 shares – FDS @ 260.70 (new position)

6 shares – ZTS @ 132.71 (new position)

6 shares – ABT @ 77.62 (new position)

1 share – AVGO @ 208.28 (existing position)

5 shares – JKHY @ 148.07 (new position)

7 shares – VTI @ 139.53 (existing position)

10 shares – LOW @ 85.75 (new position)

5 shares – LOW @ 66.61 (existing position)

3 shares – NEE @ 183.06 (new position)

5 shares – JNJ @ 115.39 (new position)

5 shares – JNJ @ 125.28 (existing position)

(finally bought JNJ – yay!)

These (16) purchases added $310 to yearly dividend income. 

After the dust settled, $12,524 tried it’s best to keep the accounts from another month of declines. But the market had other plans. Attempted to stay away from the more risky names out there this month to keep dividend growth strong, and to focus on quality companies.

Would not be surprised if the market’s March lows were retested in April, but it’s really anyone’s guess how long this lasts. Going forward, the plan remains intact: to try and consistently add every month. Got to keep that long term view and be patient.

Really pumped to have crossed the 750 mark in dividends for the month, previous highest month was in the 500 range yet. It’s crazy how fast it is growing.

Let me know below what you are watching in the markets – thanks for reading! 

-Divcome

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