Dividends: I received a total of $110.85 in dividends from the following stocks:
- ADM: $10.50
- BDX: $11.25
- CVX: $16.20
- JNJ: $19.95
- MCD: $24.50
- NSC: $16.45
- UTX: $12.00
Dividend Increases: A dividend increase was announced for only one of my stocks (click on the stock to see my post about the increase):
- GD: 8.5% increase, $3.20 more in annual dividend income
Savings: This month I saved $1605 (55.0%) of my net income, which is my highest monthly total thus far this year. I am pleased that I managed to get over the 50% mark for the second month in a row. This results in year-to-date savings of $4462, which puts me 37.2% of the way toward my goal for 2012. The preceding numbers do not reflect additional savings I realized this month when I received a tax refund of $976. When the refund is included, I actually saved $2581 (66.2%) of my net income in March. However, given that the refund is a special, non-recurring item, I have excluded it from my averages and totals so I can get a better sense of my typical savings.
Transactions: I bought three stocks this month (click on each transaction to see my post about it): a milestone post.
Looking Ahead: In April I expect to receive even more in dividends than I did in March, which is great. April should be similar to March in terms of expenses, so I expect similar savings (no tax refund, though). One thing worth noting is that in March I was able to change my cell phone plan to a cheaper option, which will save me about $12 per month starting in April. Based on the cash currently in my brokerage account and the pending addition of new capital, I will likely be able to make 2 purchases in April, although whether I do will depend on the availability of attractive buying opportunities.