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