Dividends: I received a total of $222.71 in dividends from the following stocks:
- BDX: $12.38
- CMI: $7.50
- CVX: $18.00
- INTC: $42.75
- JNJ: $21.35
- MCD: $38.50
- MSFT: $12.65
- NSC: $47.50
- UTX: $13.38
- VFC: $8.70
Dividend Increases: I was pleased to see dividend increases announced for two stocks (click on each stock to see my post about the increase):
Savings: This month I saved $1,511 (52.0%) of my net job income, which is satisfactory. I did not have any unexpected expenses during the month, although I've noticed that my food expenditures have increased over the past few months. Thus far this year, my mean monthly savings has been $1,448 (49.8%).
Transactions: I bought two stocks during the month (click on each transaction to see my post about it):
Portfolio: My portfolio (taxable account and Roth IRA together) currently consists of 28 stocks and has a market value of $82,205.23 (including cash), which is a 5.1% increase over last month's value. I did not add any new capital to my accounts in March because my February savings were used to pay back money I borrowed from my external cash reserve to make my 2012 Roth IRA contribution in one shot. Thus, this month's increase in portfolio value is completely due to capital gains and dividends, which is quite impressive.
Seeking Alpha: This month I published two new articles on the investing website Seeking Alpha:
- The Importance Of Valuation For Dividend Growth Investing
- Dividend Growth Investing: A Strategy For Young Investors, Too
Looking Ahead: In April I expect just a minor year-over-year increase in dividends. I am anticipating announcements of dividend increases from CVX, JNJ, and PG. My savings rate will decline in April because I will incur some travel expenses related to my upcoming move (I will be visiting to look for a new place to live). However, the expenses will be offset by my SA income and my federal tax refund of over $500, which I received at the start of April. (I was pleasantly surprised to get a refund at all.) I will not be contributing any new capital to my investment accounts because my March savings constitute the last repayment of the money I borrowed from my external cash reserve to make my 2012 Roth IRA contribution. Thus, I will not be purchasing any stocks in April. In a forthcoming post I will discuss my capital allocation plans for the next few months.