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.
|March Dividend Payments:|
|Newton Asian Income Fund||£3.43|
|Royal Dutch Shell B||£24.02|
March's dividends were the highest I've ever received! - £172.36. My biggest payout previous to this month was back in September 2014 where I received £124.19.
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 March last year I received £5.64. This represents a 2,956% increase Year on Year. I mentioned last month that these ridiculous % increases are due to continue into April too.
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 £104.02 after 3 months. My average last month was £69.85, so it's heading in the right direction, but I still have some work to do. I'm due to have a drop in April, but May and June should be beastly payouts! I'm relying on these big payouts to boost my average closer to the £167 Target.
How was March for you? How are you getting on with your targets now we've past the first Quarter?
Labels: Dividend Income