February 2018 Dividend Income

It is time for me to post my February 2018 dividend income! Some may be wondering where I have been half this month. The answer is: computer trouble. My laptop finally bit the dust after trying everything to fix it for weeks. It was having problems that had been progressively getting worse the past several months. The past several weeks finally took their toll and it stopped loading everything completely. Luckily, I backed-up everything and got it all out of that laptop one week before the final meltdown.

While there was minimal data loss, I now needed to purchase a new laptop that could meet (and exceed) my demands. I found that and $1,700 later I bought it. The laptop I got was actually on a special sale with $200 off from its original price of $1800. I paid $1,600 for the laptop and the taxes pushed the final price a bit over $1,700. I really do love my new laptop. It outclasses my old laptop by a long-shot in specs and graphics! I’m glad I bought it. Another thing I am glad about is this month’s dividend income! This month I received $803.34 in dividend income from five (5) companies.

 

AT&T (T) – $138.00

Sprague Resources (SRLP) – $366.56

Omega Healthcare Investors (OHI) – $229.68

Realty Income Corp (O) – $41.17

General Mills (GIS) – $27.93

February 2018 Dividend Income Total: $803.34

 

This month I was able to see a 17.61% year over year increase in dividend income! Last year, February 2017 brought in $683.06 in dividends. This has been a nice jump from last year. I am so glad I can finally track my monthly dividends year over year! To add another nicety to this month; dividend increases! GSK raised their dividend to $0.6336 per share adding a total of $49.20 to my yearly dividend income. MPW also raised their dividend to $0.25 per share which added $36 to my forward annual dividend income.

Altogether, dividend increases from companies this month boasted my forward annual income by $85.20. My portfolio now stands to generate $8,592.37 in dividends over the next 12 months. Sometimes the unexpected happens and technology breaks down. Those break downs can be costly. That is why it is good to have funds saved up in case of these events. It will take me a few months to recoup the full expense of buying a new laptop, but I know based on my savings rate I can do it. So how was the month of February for the rest of you? πŸ™‚

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