March 2017 Dividend Update

Monthly Dividend Update

March is a great month, lot’s of “our” companies are paying dividends. A quick look around in the DGI community shows we are not alone in having a really good dividend income last month! Keep your eye on the Dividend Diplomats and the Predictable Snowball for great DGI summaries.

We did not buy any new shares last month, but we did have tons of DRIP shares including AAR.UN, CJR.B, PLZ.UN, CWB, ET, POW, CIX and a few more.

March Dividends

When we added up all the deposits into the bank accounts (and corrected for exchange rates), we received almost €812, a new record! That is a very respectable 18% YOY increase. The somewhat “limited” increase is because of a special dividend we received last year (~€70) from ET and we have fewer RDSA shares than last year too. However, the trend is upward and that is what really matters. Looking at the graph below, I’m already excited about June. Curious to see if we can break the €850 barrier! April is also poised to see a massive jump as AH (Ahold) will be paying it’s yearly dividend.

March 2017 Monthly Dividend Overview
March 2017 Monthly Dividend Overview

The graph below is showing the yearly dividend totals for 2015 and 2016, and a year-to-date dividend total for 2017. In the third month of 2017 we already received more dividends than for the whole of 2015. Cool 🙂 The “Dutch” dividend income (AH, UNA and RDSA) are all after taxes (15%). The rest are held in RRSP’s and are not taxed (we will pay withholding tax when we withdraw from the account, but the dividends are not taxed themselves).

March 2017 Yearly Dividend Overview
March 2017 Yearly Dividend Overview

Dividend Stock Overview

Our dividend portfolio still contains 45 companies with a total of 10.737 shares and looks like this (up 3.739 shares from a year ago):

March 2017 Dividend Portfolio
March 2017 Dividend Portfolio

Dividend Sector Breakdown

When you breakdown the previously shown dividend stock overview by sector, it looks as follows:

March 2017 Dividend Sector Breakdown
March 2017 Dividend Sector Breakdown

How was your March from a dividend perspective? Did you have a stellar dividend income too?

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    1. Making the 4 digit mark, sure. But beating your $4K, unlikely, we don’t need that much and will have stopped adding funds way before we ever reach such monthly income. Still, would be nice to have that kind of income for extra travel 🙂

  1. Wow, those are some high numbers to put up last month. Congrats on a strong showing. As you mentioned, March was a good month for many in the DGI community. Keep dripping and even turn on the buying going forward. You have a nice long list of dividend payers doing their part.

    1. Hey DH, we are going full steam ahead at the moment. But we are considering a few minor portfolio modification to kick out/reduce some under performing stock and replacing them with better alternatives. You keep learning as you go along 😉

  2. I mainly have passive index funds so I got one big check at the end of March. Although I do envy that you get a bunch of checks throughout the months 🙂 Plus I love the composite of your portfolio. You are doing amazing!!!

    1. It is great to get monthly payments, no debate there. But you got to love the simplicity of index investing 🙂
      The portfolio is OK, but there are a few changes still required. Thanks for the comment MSM.

  3. Awesome month you bringing in the dividends. You are knocking on the door of 1000 wich is awesome that snowball should really start to to roll now

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