Dividend Income Update February 2023

Mark, Marker, Hand, Write, Glass, Glass Pane

Image Source: Pixabay

It’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolio.

The markets swing up and down. Banks failing left and right. The system is clearly broken and has been for a while, however, I could find comfort in one thing, my dividends (even if dividend cuts are very much on the table these days). As we all know, the market may move up and down irrationally and seemingly on a whim while our dividends remain much more stable, reliable, and predictable. Sure, dividends may not increase every year and a cut or elimination is even possible but the odds are greatly reduced when you diversify among different companies and sectors and focus on dividend quality (free cash flow, EPS, debt, payout ratios, and these days cash on hand). Keep in mind these days there are no shortages of accidental high-yielding stocks but look at real cash on hand when viewing balance sheets. With that being said, let’s take a look at my February 2023 dividend totals.

Dividend income from my taxable account totaled $981.78

Date Symbol Description Amount
02/01/2023 GIS GENERAL MILLS INC $132.89
02/01/2023 T A T & T INC $131.52
02/10/2023 CLX CLOROX CO $20.16
02/10/2023 GD GENERAL DYNAMICS CO $12.64
02/13/2023 APD AIR PROD & CHEMICALS $67.55
02/14/2023 CL COLGATE-PALMOLIVE CO $8.51
02/15/2023 ABBV ABBVIE INC $332.01
02/15/2023 HRL HORMEL FOODS CORP $23.77
02/15/2023 PG PROCTER & GAMBLE $25.75
02/16/2023 AAPL APPLE INC $11.32
02/17/2023 CAT CATERPILLAR INC $90.81
02/24/2023 SBUX STARBUCKS CORP $16.37
Total:     $981.78

Almost four figures coming in a particular month is nothing to sneeze at. I’ll definitely take it as passive income always seems a little sweeter than active income. As mentioned earlier, the markets may swing wildly from week to week and month to month but dividends are seemingly more stable, reliable, and predictable. In today’s world filled with tons of uncertainty and guesswork, I’ll gladly take it.

Are any of these dividend stocks in your portfolio too? How was your February dividend income? Please let me know below.

More By This Author:

March 2023 Stock Considerations
Recent Stock Purchase/Sale February 2023
Dividend Income Update For January 2023

Disclosure: Long all above

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.