The first quarter of 2017 is history already and with that it’s time for my Dividend Income report of March! The first 2 months of this year where great with great growth percentages of dividend income. However, I still didn’t buy any stocks this year so we have to see how long I can keep it up. Some buys would be nice, but with the strong dollar and the high valuations I’m reluctant to invest in the US and I have a hard time finding stocks outside the US that I like. Well, with patience things will change I assume!
let’s have a look at the results this month!
Dividend income of March
The months of January and February where superb months in terms of dividend growth for me. It’s hard to beat the growth percentages I realized in those 2 months. Still, I’m trying to complete the same result for the 3rd month of 2017. As you can see in the table below I’ve got 3 companies paying me dividends this month. Emerson is my first ever stock and CCP is a stock with a great dividend yield. Together those companies payed me € 33,99 in net dividends after taxes and using the current conversion rates.
|Care Capital properties||CCP||€ 18,50|
My dividend income for March 2016 was € 8,77 which results in a 287,6% increase compared to last year! The biggest increase this year so far although that’s mainly because the dividend was low in 2016. Still, I like it! Almost 3 times my 2016 dividends and I did it for the complete first quarter of 2017! If I want to continue this then I really need more stocks, but that’s another challenge…
This month I didn’t receive any dividend increases for the 3 companies that paid me a dividend.
Contributions and purchases
I added € 500,00 to my fund at the end of March. This way I am building my cash position which is now around € 2.694,00. With the current market valuations and the strong dollar I don’t have a purpose for this money at this moment, so I am building my cash position for better times in the market.
I purchased nothing this month.
March was just as great as January and February of this year. Great growth compared to last year! CCP paid me a great dividend and so did the always reliable companies of Unilever and Emerson. Seeing the dividend grow year over year gives me a great feeling and I hope I can keep this up. However, with the current market I’m not investing much money, so if it stays like this the growth could fall behind for a while. We will see what the future will bring for me!
How was your month? Are you happy with your dividend income? Have you made any new buys or did you receive dividend increases?
Don’t hesitate to leave a comment!