Saturday, April 2, 2016

March 2016 Dividends




Here are the dividends that I received during March.


  • RDS-b --- $148.42
  • BP --- $123.34
  • XOM --- $73.97
  • BA --- $27.24
  • NEA --- $22.73
  • CMI --- $18.53
  • EMR --- $16.63
  • IBM --- $15.60
  • ADM --- $14.40
  • UL --- $12.33
  • MMM --- $12.21
  • JNJ --- $12
  • ESV --- $1.69

Total dividends received in my taxable account is $499.10.

I sold out of most of the positions at the end of February to continue my cash buildup. Many of these names have continued their strong moves up. I would love to add some high yielders like T, SO, and PM, but even these boring companies are nearing 52 week/all time highs. Crazy shit. Meanwhile oil companies are still at very depressed levels.

April may be my first "dividend free" month since early 2012. I still plan on resuming my aggressive investing sometime in June or July. Hopefully there is a massive pullback. If not, there will always be values somewhere in the market.


DEFY MEDIOCRITY

20 comments:

  1. MDP, for selling out of most of your positions earlier in the year you still received $500 dollars in passive income that is a nice chunk of change. I certainly agree that a lot of stocks are closing in on their 52 week highs and value is harder to find but there will be another pullback as always and the opportunities will be there. I am sure you will get back to your previous passive income in no time. Looking forward to following your progress.

    ReplyDelete
    Replies
    1. DF,

      Yeah, most of the dividends came from energy companies with the others coming from the purchases I made in mid January. Since I sold out in late February, I was still able to collect the dividends. I can't wait to get back into full time investing again!

      MDP

      Delete
  2. MDP,

    Thanks for sharing and keep us posted with your journey my man. Crazy shit is right.

    -Lanny

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    Replies
    1. Lanny,

      My pleasure bud. Soon I'll be back to my old aggressive investing ways!

      MDP

      Delete
  3. Pretty solid dividend income considering you sold a lot of your positions. Congrats!

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    Replies
    1. Tawcan,

      Thanks buddy! I still love receiving passive income and look forward to building up the portfolio again soon.

      MDP

      Delete
  4. Almost $500 is pretty impressive and with the cash you have on the sidelines you can really do some damage whenever better opportunities present themselves. There's not much value outside of some financials and energy that I see in the markets currently but luckily I'm in cash conservation mode as well so I'm not having to look for investment opportunities at this time. All the best.

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    Replies
    1. PIP,

      I am eagerly awaiting for some great opportunities. It's crazy how far some of these companies have advanced in the last couple of months. I just noticed PM is over $100. A few months back it looked like it might drop into the 60s. Oh well there are always opportunities. Many continue to be in the oil patch. :-(

      MDP

      Delete
  5. Thanks for sharing MDP. Glad to see a post. Glad to see you're still at it! Let's rip it up together. I'm with you so let's hustle hella hard. Cheers bud.

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    Replies
    1. Hustler,

      You are straight up killing it! Keep up the great work on your side of the pond!

      MDP

      Delete
  6. Solid income for the month of March from many "dividend stalwarts." Try looking at the large Canadian banks for some decent value and yield these days. I agree that finding some good buys out there is getting quite difficult but there's always something that's worth buying at any point in time.

    ReplyDelete
    Replies
    1. DivHut,

      The Canadian banks are still pretty attractive. I would have thought they might drop down again after the recent fall in oil prices. I would love to get TD in the mid 30s and BNS below $40 again!

      We'll see how it goes.

      MDP

      Delete
    2. You may not see TD or BNS at those levels again until another stock split, even then :)

      Delete
    3. Mark,

      You are probably correct, but if they do I will be all over them. :-)

      MDP

      Delete
  7. Great job this month. I like the amount you earned but I like the stocks you earned the money from even more. You have a great list of stocks in your portfolio.

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    Replies
    1. IH,

      They are some of the best businesses out there! I can't wait to own them again in the future.

      MDP

      Delete
  8. Well done, considering all your cash on hand. Impressive.

    Looking forward to reading how you deploy it :)

    My approach is different, buy around 52-week lows if possible and never sell, simply reinvest dividends as much as possible until I turn off the DRIP taps for income.

    Mark

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    Replies
    1. MOA,

      I love your approach. That will be my approach as well from this point forward. Invest, collect, and DRIP!!!

      MDP

      Delete
  9. Wonderful dividend income! Congratulations, thank you for sharing.

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  10. Not bad for a restart. Again, the stock is hitting 2016 high every day this week. I wonder what's your game plan, pull out again at 10-20% gain?

    ReplyDelete