Dividend Builder – March 2020

Bare tree in a snowy field.

Recap of March

Ufta! Is it an escape to think about dividends and investing during this time? Sure it is. I feel peculiar writing about my flea-sized investments when the world around is consumed by Coronavirus. At the same time, I appreciate a reprieve from the sound and the fury. It can be healthy to retreat and recall normalcy. That is what I am telling myself at this moment. Please read on if you’re ready to take a reprieve yourself. I do have a quarantine post brewing, and I plan to push that out in the days ahead.

I had dividends land in March, and I sold a few covered calls, but my position and swing trade activity was dormant. Just as I predicted in my February Dividend Builder post.

March 2020 Dividend Income

TickerCompanyIncome
APLEApple Hospitality REIT Inc$0.00
HRZNHorizon Technology Finance Corp$3.00
ORealty Income Corp$0.47
STAGStag Industrial Inc$1.20
FFord Motor Company$0.00
XOMExxon Mobile Corporation$4.35
BPYUBrookfield Property REIT Inc$3.33
IVZInvesco Ltd.$2.95
MMM3M Co$7.35
BACBank of America Corp$0.90
TROWT. Rowe Price Group Inc$2.70
Total: $26.25

I kept talking about the excitement of comparing progress from one year to the next. This is the first month I can do that. March 2019 I netted a total of $13.64 in dividend income. I made a leap of $44.09 which is a gain of 323% year over year. I will not see wild increases like this in the years ahead. Last year I was just getting my nose into the dividend game. This first year of comparisons will be dramatic since I started from nothing. However, I do want to hit home the power of starting now and getting into the game of investing for passive income.

March 2020 First Time Additions

TickerCompanySharesEntry
JPMJP Morgan Chase & Co.3$93.62
MAMastercard Inc1$259.04
MDTMedtronic PLC2$90.08
TROWT. Rowe Price Inc3$96.88
BACBank of America Corp5$21.25

Heavy on the banking and finance sector as you can see. I highlighted this fresh deployment of capital in Fear and Greed in a Pandemic. Be sure to check out that post now so you can say you read it first, before it set the internet on fire! Hey-oh. Sarcastic self-deprecation coming through hot and fresh.

Yes, I could have gotten better entries in all of the above as the market continued to burn like a rug in a barn fire for the rest of March. No regrets though. I planned my entry and strategically jumped into dividend paying companies I’d been eyeing up for a long time.

March 2020 Increased Positions?

Nope. Only the first time additions so eloquently discussed above.

March 2020 Trimmed Positions

Ah-no.

March 2020 Position and Swing Trades

Anything? You got anything for me? Come back and check out this section in April and I think I’ll have a little something for you, maybe. Not a whole lot of activity aside from deploying new capital and the sweet sound of dividends.

Monthly Summary

Dividend income smoking to the line at $57.73. Ford was the Big Bopper this month. And we shall see if Ford can make it back to the big leagues in the near future. Their dividend is suspended for the time being and the stock price is that rug in that barn fire. Smoldering!

Trading income wheezing to the line at $0.00. I had no opportunity or wile to swing any shares.

All you math whizzes, the total income for March 2020 is $57.73.

The market is ready and waiting for you with high dividend yields and fertile ground for growing passive income. I hope you are inspired to start, continue, or recommit to investing. Now take heart as Dividend Builder – April 2020 is only a month away.

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