Dividend Income Update March 2022

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The start of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. March was exciting as ever as my numbers continue to highlight the trifecta magic of dividend investing which includes, adding fresh capital, dividend raises, and basic compounding to create an ever-increasing passive income stream. Even if I stopped adding fresh capital today and every dividend stock I owned kept all distributions flat, without a single raise, my passive income stream would continue to grow simply because of added shares each quarter. With that being said, let’s take a look back at my March 2022 dividend income.

Dividend income from my taxable account totaled $1,682.53.

Date Symbol Description Amount
03/01/2022 GWW WW GRAINGER INC $22.78
03/01/2022 AFL AFLAC INC $155.54
03/01/2022 ADM ARCHER-DANIELS MIDLAND $74.66
03/04/2022 PFE PFIZER INC $24.66
03/07/2022 SO SOUTHERN CO $112.84
03/08/2022 JNJ JOHNSON & JOHNSON $82.75
03/08/2022 AMGN AMGEN INC. $3.94
03/10/2022 EMR EMERSON ELECTRIC CO $42.98
03/10/2022 MSFT MICROSOFT CORP $10.33
03/11/2022 YUM YUM BRANDS INC $33.81
03/14/22 MMM 3M CO $36.10
03/14/2022 LYB LYONDELLBASELL INDS $61.40
03/15/2022 MCD MCDONALDS CORP $46.09
03/15/2022 ED CONSOLIDATED EDISON $66.08
03/15/2022 DOV DOVER CORP $23.11
03/18/2022 KTB KONTOOR BRANDS INC $3.68
03/21/2022 VFC VF CORP $28.21
03/22/2022 UL UNILEVER PLC $9.82
03/25/2022 KHC KRAFT HEINZ CO $79.95
03/25/2022 BP BP PLC $563.36
03/30/2022 TROW T ROWE PRICE GROUP $6.06
03/30/2022 GILD GILEAD SCIENCES INC $44.18
03/31/2022 PEP PEPSICO INC $37.92
03/31/2022 ALLE ALLEGION PUBLIC LTD $11.48
03/31/2022 BDX BECTON DICKINSON&CO $20.08
03/31/2022 AVGO BROADCOM INC $21.09
03/31/2022 TT TRANE TECHNOLOGIES PLC $59.63
Total:     $1,682.53

The proof of our dividend investing strategy rests in these real results. After all, dividends don’t lie. It’s real cash being returned to investors. With patience and consistency, these results and better can be achieved. Just remember, sometimes investing with blinders on can be beneficial as it blocks out the constant noise we are bombarded with on a daily basis and keeps you focused on the job at hand which is to keep investing, not falling for market timing traps, diversifying, not getting shaken out of the market when it tumbles and just creating a solid, ever-growing passive income stream and with one rocky quarter under our belts let us hope that we’ll experience minimal to no dividend cuts going forward.

Are any of these dividend stocks in your portfolio too? How was your March dividend income? 

Disclosure: Long all above

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