Welcome to March. 2021 is going by at light speed. 2020 seemed to take forever.
In the February blur of a month, we got to enjoy a weekend with a foot of snow.
...which melted after 2 days.
Also had a great butternut squash with mushroom and sage lasagne.
And then there were dividends. Getting paid for surviving another month. The key to a future retirement!
This month I received 29 dividends totalling $1,397.03 That was a 59.7% increase over 2019's $874.83.
My patience is beginning to pay off after all of the past efforts of dropping high yield REITs that slowly cut dividends and were losing value.
Here's the breakdown:
My BIG haul was a special dividend of $395 from OMF. Amazingly, this was their 2nd special dividend of the year and was quite the doozy. Normally they pay a $0.45 dividend per share. This was a $3.95 per share payout. BAM
I also got my quarterly payment from AT&T and their 7% dividend. One of the cornerstones of my portfolio that I plan on holding on to forever.
This month's payment is the result of patient investment of dividend growth stocks. Investing in solid companies that have a track record of beating inflation AND increasing the dividend more than the inflation rate also. A win win.
And it's motivation to work on getting another 59% increase. It's March and I want to keep the ball rolling. I can't wait to see the results!
Until then.....check ya later......