Dividend income
JNJ $12.00
TGT $15.68
AFL $7.79
MCD $9.79
CVX $10.70
QCOM $6.72
WFC $4.50
ADM $6.90
Total March: $74.08 (pre tax)
Net received: $62.67
Comparison with last year (gross)
March 2015: $53.22
March 2016: $74.08
This is a 39% YoY increase. Great progress once again!
Dividend raises
On March 8th, QCOM increaseed their quarterly dividend from $0.48 to $0.53.
This is a 10.42% increase. Due to this change, my YOC is now at 3.40%.
Update on goals
My goal is to receive $750 net dividends in 2016.
With the first quarter in the books, we are way behind on schedule.
Net dividends received so far: $127.36, while it should have been $187.50.
I have to invest consistantly in order to fix this issue in time!
How was your March?
Thanks for reading!