Here is the dividend income report for March, 2016.
The monthly dividend income came out to $732.13. The yearly income total for 2016 through the end of the month was $1352.29.
The income for March, 2015 was $612.48, and the yearly income for 2015 through the end of March was $1179.82.
This is the first time that a month has brought in more than $700 without the special RLI dividend. Granted, that is partly because I got money from Eaton, in which March is kind of an aberation: Their other payout months are May, August and November. So their other payout should be February. Sort of like KO pays out in April, July and October, and instead of paying in January pulls the first one back into December. Maybe Warren Buffett likes to throw a big Christmas party.
Anyway, deviations from normal schedules like that can make comparisons difficult, and is partially why I have started looking at moving averages.
I did enter an order for more shares of Air Products and Chemicals (APD). For some reason my broker lowered my target price. But if everyone sells in May, I might get it then. I missed the ex-date, or the record date, or both. Frankly I am not sure which comes first, and I really don’t care. I plan on holding these stocks for the rest of my life. Buying a company three or six months later is not the end of the world.
In other news, I still have CVX and XOM. A lot of oil firms are having issues with the price of oil dropping. I think XOM be able to keep increasing its dividend. CVX might cut it. They have kept it constant. We shall see. It looks like one of the most reliable industries for dividend investors might drop off the radar for a while, if not for good.
Here is a table with the year-to-date amounts, the monthly amounts, and the three- and twelve-month moving averages for each March from 2011 through 2016:
| Month | YTD | Amount | 3MMA | 12MMA |
|---|---|---|---|---|
| 2016-03 | $1352.29 | $732.13 | $450.76 | $470.38 |
| 2015-03 | $1179.82 | $612.48 | $393.27 | $390.27 |
| 2014-03 | $934.15 | $437.87 | $311.38 | $301.75 |
| 2013-03 | $719.36 | $360.85 | $239.79 | $292.68 |
| 2012-03 | $792.26 | $294.68 | $264.09 | $269.92 |
| 2011-03 | $645.19 | $229.43 | $200.06 | $163.15 |
Here are the stocks and the income amounts for March, 2016:
- AFLAC Inc: $44.16
- American States Water Co: $25.34
- Black Hills Corp: $15.40
- Bemis Co Inc: $30.22
- Vectren Corp: $23.87
- Archer-Daniels-Midland Co: $35.25
- Johnson & Johnson: $76.22
- Chevron: $25.86
- Emerson Electric Co: $26.77
- Honeywell International: $59.50
- Sonoco Products Co: $45.85
- Exxon Mobil Corp: $84.04
- Walgreen Co: $20.96
- 3M Co: $15.17
- Questar Corp: $12.72
- Dover Corp: $9.83
- Consolidated Edison Inc: $21.13
- Kellogg Company: $52.67
- RLI Corp: $24.12
- Valspar Corp: $19.57
- Eaton Corporation: $63.48
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