Thursday, March 14, 2024

Dividend Income - February 2024

 



The second month of 2024 is over, soon spring is here and it's time to declare my dividend income. In February 2024, my portfolio's dividend income was as follows:






My Total dividends in February are €1,595.80 ($1,734.07). After taxes, my net dividend income is €1,183.56 ($1,282.80). In year 2023 my net dividend income in February was €1,066.40 ($1,147.21). My portfolio's net dividend income increased by €117.16 or 11.0% to compared the same month of previous year. Compared to the previous year, there have been some changes to the dividend income of February: Two new dividend payers have joined to the portfolio namely PG and JGPI as well as MED has left it. Additional purchase to portfolio VZ, MAIN and O. Compared to a year ago, some holdings also included nice dividend increases like CVS, WRK and UNM, but unfortunately also dividend cut from SDIV.


This net passive income of €1,183.56 means that I received a reasonable €40.81 every day or €1.70 per every hour during February, no matter what I did. After two months, these numbers are €45.08 per day and €1.88 per hour.





This month's dividend increased my cumulative net dividend income € 159,072.92.




Net income / expenditure


  • Net passive income for February was €1,183.56, for the first two months it totals €2,705.05



  • Total expenditure for February was €981.58, for the first two months it totals €2,370.84



  • The result for February was €201.98, for the first two months it totals €334.21



I have now collected 11.5% of my target net passive income for this year, which is €23,500.00.


You can follow the development of my dividends here.


Full Disclosure: Long on above mentioned stocks except MED.


Thanks for stopping by!


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