Passive Income – March 2019

Once in a month I will publish a Passive Income Report. This will show you what changes happened in my portfolio and how much passive income I collected during the month. This month I received 176,2 in passive income, which is a 49 % decrease compared to last March.

Fortunately this decrease is not a result of any dividend cuts. Nordea changed their dividend payment date and as a result they will pay dividends in April instead of March. This means the next month is going to be amazing and I will probably reach my first 500 € month!

Passive Income

  • Exxon (XOM) – 12,4 €
  • Gilead Sciences Inc. (GILD) – 14,0 €
  • Johnson & Johnson (JNJ) – 15,8 €
  • Microsoft (MSFT) – 10,1 €
  • Realty Income Corporation (O): 12,5 €
  • Royal Dutch Shell (RDS.A): 37,6 €
  • Target Corporation (TGT) – 31,3 €
  • Mintos (P2P loans): 42,5 €

To keep things as simple as possible, I have converted all currencies to Euros.

In 2019 I have received 533 € in passive income, which is 15,2 % of my annual goal (3 500 €). I am currently behind my goal, but I am feeling confident that I can reach it.

passive income

If you are interested to read more about my passive income history, you can access older reports for more details.

Dividend Increases

One company in my portfolio announced dividend increase in March:

  • WP Carey (WPC): +0,2 %

As you can see, no significant dividend increases this month. This single raise increases my projected annual passive income by 0,3 €.

Buys/sells

I purchased 65 shares of Iron Mountain Inc. (IRM) in March. You can read more about the purchase here

I also sold half of my Norwegian shares (NOFI), because Norway recently changed their tax policy and foreigners have to pay a 25 % withholding tax for dividends. Selling Norwegian shares from my portfolio is also one of my goals for 2019.

Summary

Stock market was still pretty calm in March and my portfolio value increased by 4 %. I purchased another REIT and one company in my portfolio announced a dividend increase this month. As a result my projected annual income increased by 105,8 €. 

Thanks for reading!

How was your month? How much passive income did you receive? Please share your thoughts in the comment section below!

16 thoughts on “Passive Income – March 2019

  1. Doug Reply

    switching months stink on one hand because the month it switches from drops but the gaining month gets a nice increase. good job keep it up

  2. Tawcan Reply

    What a great month you had, congrats! Adding more than 100 euros of forward dividend income is fantastic!

    We received almost $2,000 in dividend income in March and added quite a bit of dividend income toward forward dividend. 🙂

    • Dividend Deluge Post authorReply

      Wow, sounds like you had a great month! I still have a long way to go if I want to reach those amounts, but I am confident I will get there in time.

  3. Mr. Robot Reply

    Hey Deluge, seems like a very solid month for you despite the move of a dividend payout. I like your IRM, I might join you in the future. 🙂

  4. Engineering Dividends Reply

    Hi DD. I was surprised to find 5 dividend payers in common this month. I even shared in the WPC raise.
    Just a temporary setback regarding the new payout month for one of your holdings. As you noted, next month should be superb. If you do reach $500, it appears you’ll have skipped right over the $400s…. Nice!

    • Dividend Deluge Post authorReply

      Hi ED! We really do have quite a many common dividend payers even though we live on the other side of the world from each other. It shows that how simple it is to diversify your portfolio nowadays!

  5. DivHut Reply

    Strong year over year growth. Always nice to see several names in common paying us both too. Keep up the good work!

  6. Snugfortune Reply

    Good, DD!
    I have a similar situation with one of my holdings like you have with Nordea. Payment date shifted from April to May. So on a month over month comparison I will like have a decrease in April. But as long as the full year projection is in green, I have no worries.

    500€/month is my intermediate target. But first I would be happy to cross the 200€ mark for the first time -hopefully in May.
    -Sf

    • Dividend Deluge Post authorReply

      I agree with you SF! These payment date changes look bad on a month over month comparison, but that doesn’t really matter as long as they don’t cut the dividend.

      I hope you can reach the first 200 € month in May. It is really amazing how fast the passive income increases as I reached my first 200€ month three years ago and last year I crossed it seven times!

  7. BrokeInvestor Reply

    That’s a great month, even with Nordea moving their dividend to a different month! We are sharing a couple of dividend payers this month (XOM & TGT).
    Also, adding more than €100 of forward dividend income in a single month is amazing!
    Great work and keep it up!
    BI

    • Dividend Deluge Post authorReply

      Thanks for the comment BI! It was a decent month even though Nordea changed their dividend payment date. Glad to hear that we shared a couple of dividend payers in March!

Leave a Reply

Your email address will not be published. Required fields are marked *