It’s time for the dividend income update for March 2018.
Although it’s still early in the month, all projected dividend income for March has been received.
To highlight a few key numbers, the RTC portfolio has now earned a total of $66.54 from dividend income in 2018. This represents a 14.45% increase when compared to the total income received in 2017.
For the month of March, $27.71 worth of dividend income was deposited to the RTC brokerage accounts. It was another strong month of growth as it nearly eclipsed the all time record.
Dividend Income Update for March 2018
Total dividend income paid for March 2018: $27.71
Last quarter total (December 2017): $11.57
QOQ growth (compared to December 2017): Up 139%
Monthly average received in 2018 (as of March 10, 2018): $22.18
Total dividend Income paid in 2018: $66.54 (Up $8.40 | 14.45% increase over 2017)
How many businesses paid dividends in December: 4 (up 1 since last quarter)
Concluding Thoughts & Analysis of the Results
The RTC portfolio manager was pleased with the March results.
It’s impressive to have already earned $8.40 more than the 2017 total, and it’s an accomplishment to achieve a 14.45% YOY increase this early in the year. It was also almost shocking to see that income has grown 139% since last quarter. I literally had to double check the numbers a couple times. Ultimately, the increase came from all the extra dollars that have been put to work over the last few months.
Furthermore, the income received in March has brought the portfolio closer to the goal of earning $425 in total in 2018. That goal is now more than 15% complete. Still, though, it will take another strong month in April to stay in line with the goal. Income received will have to grow another 10% to stay on pace.
Forward Dividend Income Projection # 3 | March 2018
