Saturday, February 28, 2015

February 2015 Recap


As I reflect back on this month it has been fantastic. Like every other Saturday morning, I am here at work getting ready to finish off what will be a record month! I just looked at the clock and it is 7:25 and many people are at home sleeping or just starting to read the morning paper drinking coffee (actually I probably am one of the few who still likes a traditional newspaper). I envy you, but right now I must continue to build my passive income for the future. My focus is on finishing strong at work today and every day for the next several years so that one day, my Saturdays along with my Tuesdays, and really every day looks no different than my Sundays (relaxed and with limited obligations).

February was also a great month for passive income as my dividends keep increasing on a year over year basis. Maybe by this time next year, 3-digit months will be a just a memory. That would be nice and quite honestly I think it is realistic.

Anyway, here is the passive income that I received during the month of February.

Taxable Account

  • AHITX --- $245.97
  • T --- $166.86
  • HCP --- $118.65
  • KMI --- $105.19
  • APU --- $66.61
  • VZ --- $65.10
  • PG --- $59.99
  • CLX --- $39.71
  • PAYX --- $35.04
Total taxable passive income is $903.12.


New Capital Invested

  • JNJ --- $1100
  • CAT --- $800
  • BAX --- $500
  • PG --- $500
  • XOM --- $300
  • WM --- $300
  • KO --- $300
  • T --- $300
Total new capital invested is $4100.00

34 comments:

  1. That is an impressive amount of dividend income for this month I must say! I only got dividend payed from T and thats only about $15 so that wont make me rich haha :D

    ReplyDelete
    Replies
    1. Aktienovisen,

      We are all at different stages in this journey. Keep focused and moving forward. I was a late starter and have been hitting it pretty hard these past few years.

      Best wishes,

      MDP

      Delete
  2. That's Effing Sweet !! 903.12 in Dividends all because of wanting to better your life. Now what is better than Passive Income MDP? Keep Hustling my friend. Keep building that stream. It's too addicting.
    Much Love my friend.

    ReplyDelete
    Replies
    1. DH,

      Thanks, buddy! I'm not gonna lie. Passive income is the shit!

      MDP

      Delete
  3. Way to go, MDP!! Congarts on the passive income and putting antoher $4K to work. Keep it up!

    R2R

    ReplyDelete
    Replies
    1. R2R,

      Thanks for the encouragement. My head is down and both hands are on the plow. Full speed ahead!

      MDP

      Delete
  4. With the whole year ahead and the amount of capital you are investing regularly - this time next year 3 digits will be but a distant memory :)

    ReplyDelete
    Replies
    1. DA,

      That is certainly my plan. January and February are tough months, but I will keep adding companies and some no doubt will pay during these months.

      MDP

      Delete
  5. Whomp, whomp... nearly $1,000 of dividends. Congrats on the continued success. I think we all look forward to several years from now when we can enjoy the fruits of our today's labor.

    ReplyDelete
    Replies
    1. W2R,

      Yes my future self is saying hurry up! My current self is like "be patient" :-)

      MDP

      Delete
  6. Holly hell! Thats awesome. This is my first time on your site, is that a regular month or are there just more dividends paid in February? Either way thats pretty sweet.

    ReplyDelete
    Replies
    1. Thomas,

      Thanks for taking the time to stop by and comment! Actually this should be one of the lower months. I hope March exceeds $2000.

      MDP

      Delete
  7. MDP,

    Awesome month once again. Fantastic results. I'm quite confident with the rate at which you're investing fresh capital you'll be in the four digits every month next year.

    I don't envy your Saturday morning, but that work ethic and drive will surely get you to where you want to be. Keep it up!

    Best regards.

    ReplyDelete
    Replies
    1. DM,

      Thanks! Saturdays are ok for me as I am the frog who has been sitting in the slow boiling pot for years. I'm somewhat immune, unfortunately, to this grinding lifestyle. I do see the light at the end of the tunnel and no it's not a train! :-)

      MDP

      Delete
  8. Great month MDP. I'm not sure which is more impressive, the monthly dividend income or that contribution. I think you have solved the chicken egg question. They both came first, in terms of priority for you month in and month out. Keep up the great work and thanks for sharing your journey with the readers.

    FD

    ReplyDelete
    Replies
    1. FD,

      Yes the two go hand in hand. One day I will reverse syphon this thing and money will only flow into my savings account and not out. That is still a few years away.

      MDP

      Delete
  9. I was up early with you building my dream. They say that your 9 to 5 will make you a living, but your 5 to 9 will make you alive.

    I get up at 5 am 7 days a week so that I get to spend at least 4 hours a day building my future instead of someone else's.

    Good work on the dividend income. Got any idea when you anticipate to have a 4 digit month?

    Cheers!

    ReplyDelete
    Replies
    1. GYFG,

      Absolutely agree. The first 40 hours are for survival. What separates successful people and those who aren't is what they do in their spare time.

      I should hit $2k in March. January and February are slower months for me.

      MDP

      Delete
  10. I can't believe this is a slow month for you, MDP. Man, you've really grown that income quickly. Great work and can't wait to see March's numbers.

    ReplyDelete
    Replies
    1. Ryan,

      Thanks for the support. March should be pretty solid even with the ESV dividend cut. Your progress this past year has been very inspiring as well!

      MDP

      Delete
  11. I'm sure by this time next year 3 digit months will be a thing of the past for you. You have a truly amazing amount of passive income coming in each month and with your savings and regular investing, as well as dividend growth, that will just continue to grow and grow. Keep up the good work. I've still got several years ahead of me but when I look back at where I was just a few years ago compared to now I've improved by leaps and bounds.

    ReplyDelete
    Replies
    1. PIP,

      Absolutely. Your net worth increase over the last few years has been insane. I love your dedication and consistency! Keep up the amazing work.

      MDP

      Delete
  12. Very impressive dividend income, what's even more impressive is the way you're able to continue adding huge amount of cash each month. Building the future is definitely the way to go.

    ReplyDelete
    Replies
    1. Tawcan,

      Thanks my friend! I am incredibly focused on this journey and even with a few pitfalls, I feel very fortunate to be advancing like I am.

      MDP

      Delete
  13. Great month! That is truly passive income, and a nice chunk to get each month. Congrats. It's nice that you're able to add that much each month to your stock portfolio.

    ReplyDelete
    Replies
    1. Felix,

      Thanks for the kind words. It has been a long and rewarding journey. I will be interested to see your journey develops in the coming years.

      MDP

      Delete
  14. MDP,

    Strong month you had there, even though it was the 'off' month for most companies. I would tend to agree with you, that in 1 year 3-digit months will be only a distant memory.

    - Gremlin

    ReplyDelete
    Replies
    1. DG,

      Thanks and I hope you are right. The day I reach a minimum of $1000/month without having to do any work will be wonderful.

      MDP

      Delete
  15. 3 digit months will be past you very shortly especially with new capital investing like that. You are on the cusp of big things.

    ReplyDelete
    Replies
    1. AG,

      Thanks buddy! I am going to keep busting my ass to get there. I'm just trying to follow your lead!

      MDP

      Delete
  16. MDP,

    Tons of new capital invested this month, so that monthly dividend income will surely continue its upward growth for the foreseeable future. It's impressive to see you make almost $1,000 in a rather slow month like February.

    Keep building that pipeline, you're doing great!
    NMW

    ReplyDelete
    Replies
    1. NMW,

      I appreciated the support and your are light years ahead of everyone. Don't stop what you are doing.

      MDP

      Delete
  17. MDP

    What A great passive income!! lets see what March will bring to us. I've also started my journy to financial freedom with dividend income also with alimony payment every month.

    ReplyDelete
    Replies
    1. FF,

      Thanks for stopping by! I will check out your site.

      MDP

      Delete