DFG February 2018 Dividend Income

Landscape at Home and Garden show

The goal of dividend growth investing is to create an income stream from many companies that increase their dividend each year.  To protect the income stream they should also be a diversified set of stocks across the many sectors of the industry.  Let's see what companies worked for me and deposited those profits into my brokerage accounts.

This month I was visited by the telecommunications dividend fairies (VZ and T).  While tight competition keeps them from large dividend increases, they provide a nice yield to purchase other dividend growth stocks.

My largest REIT holding (OHI) also did some heavy lifting and rewarded me with a decent chunk of change.  My REIT sector is near my target weight in the portfolio so those dividends will go toward other opportunities.

Alliance Holdings GP, L.P.
Bowl America Incorporated

Gladstone Investment Corporation

Lazard Ltd
Omega Healthcare Investors Inc.
Procter & Gamble Co

AT&T Inc.
Universal Corp
Verizon Communications Inc.

Whitestone REIT

Total Dividends for February


On top of that 5 of the companies also increased their dividend per share.  LAZ pays a large dividend only in February so the 13 cents was the increase when comparing it to February of last year.  No complaints here as all of those increases added an extra $5 to my wallet compared to what I was estimating. 

Overall my February dividend income increased by 127% YOY.  I added a decent amount of capital last year and hope to do the same again this year.  Over time the YOY percentage will shrink as my portfolio grows in size.  I hope by then dividend increases will play a larger role than my capital contributions.  I love compounding!

DFG Dividend Income

In times where the stock market is as volatile as it is now I rest easy knowing all of my companies are working hard for me and paying me REAL cash.  I hope you feel the same and if not, come join the DGI community!



  1. DFG -

    Big congrats, keep that up and love the amazing growth year over year!


  2. Wow, look at those first two months of the year! Looks like you're certainly going in the right direction! Hope March brings a few nice dividends for you too :)

    Cheers, Frankie

  3. Great stuff DFG! Over $600 in February is fantastic. With March under way now I expect you to have a nice jump here too. All the best.

    1. My estimates do show a jump. Should be a fun year!

  4. That's a nice showing for the month. Any plans to further diversify your passive income stream so you are not so reliant on just a handful of names for most of your income. Keep up the good work.

    1. Hi Keith, Yes the plans are to diversify further. Financials are great during Bull markets but not so when the Bear shows up. My goal is to have everything nice and even if not just a tad on the safer side (defensive/utilities).


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This webpage is provided for general information only and nothing contained in the material constitutes a recommendation for the purchase or sale of any security. If you have any questions please feel free to contact me at dividendfamilyguy at gmail dot com.