I received $68.81 in taxable February 2018 dividend income.
I’ve been on the dividend growth investing sidelines for the last two months while I cover the costs of a bathroom remodel and emergency fund refill. What have I learned? Dividend growth investing sidelines are not that bad!
I’d much rather pour contributions in every month and watch my income grow, but I actually get to watch my dividend income grow all by itself. I can thank ABBV for most of this growth this month.
I didn’t make any major purchases this month, but I still picked up a share of PFE and a share of HRL with February dividend income.
For now, I’ll keep my dividend growth portfolio on autopilot. I have to give priority to rebuilding my emergency fund. I’ll make another post, but I also used this time to consolidate an old Roth IRA account from 12 years ago into my Vanguard portfolio. This will knock my expense ratio on that $4,500 down a full 1% (I know, embarrassing, but better late than never).
February 2018 Dividend Growth
ABBV: 10.94% dividend increase, boosting my annual income $4.20.
HRL: 10.29% dividend increase, boosting my annual income $0.70.
Total additional income: $4.90. That is the equivalent of an additional $214 invested at my portfolio’s 2.29% yield that I didn’t have to invest!
February 2018 Taxable Income
Head on over to my portfolio page if you’d like to see what companies pay me in other months!