In March, I received $157 in dividend income

I received $157 in dividend income in March and my portfolio reached $25,000 in value.
March 2021 - Monthly Dividend Portfolio Update
March 2021 – Monthly Dividend Portfolio Update

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%.

Highlights

  • 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.

March Summary

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.

Dividends Received

In March, I received $157 in dividends from the following companies:

  • INTC:$2.48
  • 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

Dividend Increases

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)

Value: $26,925 | Gain: +$3,025 | Return: ▲13% | Link to portfolio: M1 Finance | Website | Excel

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.

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