February 2021 dividend update

February, what a strange name for a month.

 

 

 

“Never invest in a business you cannot understand.” Warren Buffett

I’m rebalancing as I purchase more stocks. 

I’m now about 75% stock and 25% cash.

I keep doing the same things that I have done for the last 10 years. Picking up great hold forever stocks when Mr. Market shows up at my door with a deal.

I picked up another 150 shares of CN rail and 500 shares of Atco.

I added another 500 shares of BAM.A

 

Let's check out what happened in january 2021

dividend income

For the month of February, I received dividends from 17 different companies.

  • I received $2,876.25 in dividends for February, I’m still deploying more and more cash saved from a house sale.
  • I’m too lazy to find out how much was non-taxable, but it’s most of it.
  • I’m keeping the bulk of my portfolio in lower dividend stock with higher growth (see CN rail) because the tax-free accounts have a very low ceiling for new capital.  
  • February is my low payout month or my “B” column.   A being the middle, B being the garbage, and C straight up G.
  • I won’t increase my lower months just for the sake of it.

Dividend Increase and highlights

I’m going to start adding to this list for 2021.

 

Nuts and bolts

  • I received $2,876.00 in dividends for February. 
  • As you can see from the graph above, it was quite a leap from Feb 2020 when I was already selling my portfolio ahead of the Covid crash, 
  • I have an been injecting new capital and scooping up some great additions.

How much free money?

I’ve earned $5,819.25 in dividends so far this year. A great start to the year!

My total income from last year was $19,106 this was so low because I sold my portfolio in Jan and sat 100% cash until late march

I will crush that number this year, I’m hoping to at least double it.

It’s crazy to think I earn more per month now than I did for a full year in 2014 and in 2 months I’ve already surpassed my 2015 totals! 

The power of compounding growth is truly a thing to behold.

Since 2014 I have received $82,496 worth of dividends. This does not include any capital appreciation.

Annual Dividends
Year Total Dividends Received Total Yearly Div Increase
2014 $2,421.00 $2,421.00
2015 $4,169.00 $1,748.00
2016 $6,192.86 $2,023.86
2017 $10,760.51 $4,567.65
2018 $16,223.07 $5,462.56
2019 $17,804.61 $1,581.54
2020 $19,106.00 $1,301.39
2021 $5,819.25  
Total Divs $82,496.30  

 

 

Stay Classy Fire Bros

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