I plan on recording my monthly dividend payments on this blog for you all to see. I earned £9.88 in the whole of 2013, £590.33 in 2014, and I have a goal to earn £2,000 in Dividends for 2015. This post will collate all of the dividends I've received this month and how I'm tracking against my Dividend Goals. I will reveal which companies have paid, and how much they've contributed.
I have two accounts where I'm currently earning Dividends from - I have a NISA account with H&L, and a taxable share account with iWeb.
|February Dividend Payments:|
|Royal London Sterling Extra Yield Bond||£21.31|
February's dividends were a little higher than normal for me - £56.22. Over the course of 2014, my dividends averaged £49.19 per month. I received a dividend payment in every month last year, so I can now make a Year-on-Year comparison for every month. In February last year I received £3.78. This represents a 1,387% increase Year on Year. My comparison last month was up 3,038% YOY, so I'm a little disappointed in the 1,651 point reduction, but what you gonna do?!
These silly % increases are likely to continue for March and April. In May 2014, I earned £55.29 in Dividends, so it's likely to level out a little then.
In order to be on track with my 2015 Dividend Income Goal, I need to bring in £167 per month. My dividend income is very sporadic so I'm not expecting to hit that amount every month, but it's useful to know what I need as a guide.
|Dividends - 2015|
My monthly average is now at £69.85 after 2 months, so I'm relying on some bigger payouts this year to boost my average over £100 to the £167 Target. It just so happens that March's dividends are set to be my biggest ever. Right on time!
How was February for you? Are you pleased with the Dividend progression you're making?