As I'm writing this blog post, it's currently Friday, April 4th. It's going to reach a high of 51 degrees Fahrenheit here in Central Wisconsin with a partly sunny forecast. Needless to say, that's not bad for this time of the year.
Now that March is behind us, I will highlight my net dividend income for March 2025. Let's dive into it!
Net Dividends Are Approaching $600
In March 2025, I collected $583.10 in net dividends (including ADR fees for BAM). Against the $655.90 in net dividends that I received in December 2024, this would represent an 11.1% decline in my net dividend income. Backing out the $99.26 in special dividends that I received from my Capital Income Builder (CAIBX) mutual fund, though, net dividends would have been $556.64. This would be equivalent to a 4.8% quarterly growth rate.
Compared to the $476.12 in net dividends received in March 2024, this works out to a 22.5% year-over-year growth rate.
In my Charles Schwab portfolio, I collected $359.45 in net dividends from 41 companies. That was a bit less than my $378.16 total logged in December. This is because of stock sales in January 2025, December 2024, and November 2024.
I received $110.35 in net dividends from 12 companies within my Fidelity IRA. Swapping BAM with more ENB accounted for most of higher net dividend income in this account.
I also collected $93.97 in net dividends from my CAIBX mutual fund in this account. That was due to a higher quarterly dividend per share and a greater share count.
Lastly, I received $19.33 in net dividends from seven companies within my Webull portfolio. This was fueled by my February 2025 Stock Purchases (specifically GOOGL).
Concluding Thoughts:
My net dividend income continues to compound at a 20%+ annualized rate. Overall, I'm excited to keep investing fresh capital and reinvesting dividends in world-class businesses!
Discussion:
How was your dividend income for the month?
Did you collect any first-time dividends in March 2025?
Thank you for your readership and please feel free to leave a comment below!
No comments:
Post a Comment