March 2017 dividend income report

March has passed, winter is over and the weather in Belgium has been pleasantly warm the past week or so.  Perfect weather for the first bicycle trips as well as getting the garden back in order.

In terms of dividends it was a fine month, with a couple of dividend increases and total dividend income that was about 8.6% higher than the same month a year earlier. Here’s an overview of all the dividends I received in March:

  • BHP Billiton: 13.20EUR
  • Hershey: 5.88EUR
  • McDonalds: 5.26EUR
  • Novo Nordisk: 11.01EUR
  • NVIDIA: 1.46EUR
  • Royal Dutch  Shell: 72.6EUR
  • Unilever: 15.95EUR
  • Gilead: 4.58EUR

That’s a total of 129.94EUR in dividends for the month of March. As always, the figures I list above are after-taxes.

And here are all the dividend increases since last month’s report:

  • Moury Construct: +4%
  • Colgate-Palmolive: +2.6%
  • BHP Billiton: +185%
  • Coca Cola: +5.71%

A massive dividend increase from BHP Billiton as metal prices rebounded in 2016. The mining giant slashed its dividend severely a year ago but despite the big increase its dividend is still below the old level. Looking back, I’m glad I did not sell BHP Billiton nor Kinder Morgan when these companies cut their dividend as that was one of the worst moments to sell shares.

Base Metals_Escondida_Large (1)

BHP Billiton mine in Chile

It’s also interesting to see the total portfolio gain is now over 9,500EUR, it’s rapidly the five figure range.

How was your month?

9 thoughts on “March 2017 dividend income report

  1. DivHut

    Nice total for your March income. That BHP Billiton increase was a monster by any measure. Looking back I bet you are very happy you held on. Typically many sell after a cut which is usually the worst time to sell especially if you still like the prospects of a company long term. Thanks for sharing.

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    1. Dividends Are Coming Post author

      Indeed, a lot of DGI investors sold KMI or BHP Billiton right after the cut. With cyclical sectors this may not be the best course of action, I’m definitely glad I didn’t sell. I hesitated right after the cuts but decided there was more upside than further downside potential. Even if things did get worse the stocks were so small versus the overall size of my portfolio that it wouldn’t really matter.

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    1. Dividends Are Coming Post author

      Those Shell dividends are always very nice thanks to the high yield of these shares. April and May should be really good months too, lots of big dividends coming up in the next couple of weeks.

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  2. buyholdlong

    Very nice increase there by BHP, hopefully your other dividends can keep up to that standard! That would be nice now wouldn’t it!

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