In March, the markets continued their upward trend in large part due to the passage of the $1.9 trillion stimulus package.
To end the month, the S&P 500 was up 4.24%, the Dow was up 6.62% and the Nasdaq was up 0.41%.
- A cargo ship became stuck in the Suez Canal, causing an already stressed global supply chain to get worse.
- The US Government passed the $1.9 trillion American Rescue Plan of 2021, a one-time stimulus for families that can help speed up economic growth.
- Covid-19 vaccinations continued to ramp up as more and more people became eligible for the vaccination.
- A strong economy and hopes of infrastructure spending of $2.3 trillion fueled inflation fears and forced a significant sell-off in long-dated US Treasuries.
- Throughout the month, corporate headlines indicated the upswing in economic activity.
Let’s do the numbers.
Value: $26,299 | Gain: +$1,419 | Return:▲5.73% | Dividends: $157 | Investment: $500
In March, I received $157 in dividend income and reached $25,000 in portfolio value.
In March, I received $157 in dividends from the following companies:
- V: $0.52
- WFC: $0.65
- QYLD: $76.70
- XYLD: $42.70
- CMI: $0.76
- SBUX: $0.90
- JNJ: $1.32
- CDW: $0.76
- UPS: $0.80
- MSFT: $1.31
- YUM: $0.60
- MCD: $1.02
- XYL: $0.41
- EBAY: $0.37
- BLK: $5.38
- ANTM: $0.35
- LMT: $5.82
- GS: $1.07
- EXR: $5.73
- ES: $4.97
- NVDA: $0.14
- PEP: $1.81
In March, one company in my portfolio announced a dividend increase.
- Oracle announced a dividend increase of 33% to $0.32 per share.
Portfolio All-time (4/5/2021)
Projected Dividend Income
Annual: $1,167 | Monthly: $97
That’s it for this month. Let me know if you have any questions or feedback. It’s always wonderful to hear from you.