Dividend Income – February 2015


plan on recording my monthly dividend payments on this blog for you all to see. I earned £9.88 in the whole of 2013, £590.33 in 2014, and I have a goal to earn £2,000 in Dividends for 2015. This post will collate all of the dividends I’ve received this month and how I’m tracking against my Dividend Goals. I will reveal which companies have paid, and how much they’ve contributed. 

I have two accounts where I’m currently earning Dividends from – I have a NISA account with H&L, and a taxable share account with iWeb. 

February Dividend Payments:
NISA
Ashtead Group £0.12
IG Group £16.90
Royal London Sterling Extra Yield Bond £21.31
Vodafone £17.89
Total £56.22

February’s dividends were a little higher than normal for me – £56.22. Over the course of 2014, my dividends averaged £49.19 per month. I received a dividend payment in every month last year, so I can now make a Year-on-Year comparison for every month. In February last year I received £3.78. This represents a 1,387% increase Year on Year. My comparison last month was up 3,038% YOY, so I’m a little disappointed in the 1,651 point reduction, but what you gonna do?! 

These silly % increases are likely to continue for March and April. In May 2014, I earned £55.29 in Dividends, so it’s likely to level out a little then. 


In order to be on track with my 2015 Dividend Income Goal, I need to bring in £167 per month. My dividend income is very sporadic so I’m not expecting to hit that amount every month, but it’s useful to know what I need as a guide. 

Dividends – 2015
January £83.47
February £56.22
March
April
May
June
July
August
September
October
November
December
2015 Total £139.69
2015 Average £69.85



My monthly average is now at £69.85 after 2 months, so I’m relying on some bigger payouts this year to boost my average over £100 to the £167 Target. It just so happens that March’s dividends are set to be my biggest ever. Right on time!


How was February for you? Are you pleased with the Dividend progression you’re making? 

0 Comments

  • Hi Huw

    Some great dividend year on year growth there. February dividends were pretty quiet for me with a £73 payout from Vodafone only.

    While dividends were quiet I did however have a good capital gains month. Those came in at a respectable £5,188.

    Cheers
    RIT

  • Dividend Drive

    Reply Reply 3rd March 2015

    Huw,

    That's a pretty tidy increase year on year! Like you, I am currently running a little ahead of 2014's monthly average dividend income. However, I expect that from March onwards 2015 should accelerate ahead!

    Our February income holdings do not overlap at all. Although Ashtead has often caught my eye.

    Are you planning to move over to iWeb for your NISA for 2015/16? I have been with them since January 2014. Very impressed overall. Cheap and helpful (their web live chat is excellent).

    TD2.

  • Anonymous

    Reply Reply 3rd March 2015

    Nice going Huw

    My dividends for February were £220.98 which I am quite pleased with as last February they were £0.

    With largely bi-annual dividends in the UK my yearly projection is a bit of a roller coaster. April & December look like being my lowest months while May is far and away the biggest.

    Looking forward to meeting up at the end of the week.

    Richard

  • Ryan

    Reply Reply 3rd March 2015

    Haha, no disappointments are allowed on any 4 digit percentage increases! That's simply fantastic progress, Huw! Isn't it awesome that all we have to do is save, stick to the plan, and watch our net-worth and passive income steadily rise? Hope everything is going well for you lately and thanks for sharing this very inspirational post.

  • Great month Huw and impressive year by year growth that shows the power of dividend investing.

  • Great job on the dividends! I love seeing fellow investors raking up and increasing their dividends!
    More dividends to come!

  • Tawcan

    Reply Reply 3rd March 2015

    That's crazy YOY increase. Congrats on receiving 56.22 by doing absolutely at all. 😀

  • Financial Freedom

    Reply Reply 4th March 2015

    What a great increase in the dividend YOY,Hope for a 3 digit March. 🙂

  • Frugal Freelancer

    Reply Reply 4th March 2015

    Huw, that's great progress, you must be quite pleased! I was going to ask how you find iWeb – I'm currently with Alliance Trust Savings for my SIPP and NISA, and I'm thinking of moving over to iWeb for the lower fees.

    It's very interesting to see how the dividends add up, currently all my money's in accumulation funds but I'm planning to start moving over to dividends in line with a reduction in work 😉

  • writing2reality

    Reply Reply 4th March 2015

    So disappointed in your YOY decrease from last month… ugh… terrible. 😉

    In all seriousness, you've made some tremendous progress YOY, and have made some incredible leaps in building a dividend producing portfolio. Keep up the good work!

  • Huw Davies

    Reply Reply 4th March 2015

    Hi RIT,

    Yes, I'm delighted with the YOY dividend growth. As you must be with the capital gains increase. Wow, congratulations!

    February was a good month for the FTSE 100.

    All the best!
    Huw

  • Huw Davies

    Reply Reply 4th March 2015

    Hi Tawcan,

    Yes, these early stage increases are a little crazy. I'm looking forward to seeing them balance out and reach more consistent levels around the two and three digit mark. Dividends payments, no matter of size, will always be gratefully received!

    Cheers
    Huw

  • Huw Davies

    Reply Reply 4th March 2015

    Hi FTFF,

    Thank you very much! I couldn't agree with you more. I love seeing others flourish. I find it so motivating. thanks for stopping by!

    Huw

  • Huw Davies

    Reply Reply 4th March 2015

    Hi Gareth,

    It does indeed! I'm not sure how long the 4 digit increases will continue but I'll enjoy it whilst it lasts.

    Thanks for stopping by!
    Huw

  • Huw Davies

    Reply Reply 4th March 2015

    Hey Ryan,

    I hope you're well!

    Ha ha. Yes I know, 4 digit increases are rare and very welcome. It is amazing! I still can't believe the progress we've both made (as well as hundreds of others in the space of 12 months. It's nuts!

    Things are very good this end, and I hope in turn all is well with you.

    Cheers
    Huw

  • Huw Davies

    Reply Reply 4th March 2015

    Hi Richard,

    Congratulations on your Feb dividends. That's a sterling effort. Especially when you consider last years income!

    The first couple of months are quite slow for me, but I'm about to come into my purple patch and I'm very much looking forward to it.

    I'm looking forward to meeting you too Richard. I hope you have a great week!

    Cheers
    Huw

  • Huw Davies

    Reply Reply 4th March 2015

    Hi DD,

    Thank you very much! It looks like our dividend results have been mirroring each other so far this year. I'm very excited about March.

    I just wish I put more money into Ashtead all those years ago. I invested £50 and I had no idea what I was doing. I sold the stake when it doubled and it's now 150% higher than the price was when I first purchased them. I only have 4 shares left and it doesn't make any sense to sell such a small stake now. It's a free asset however!

    I am planning to move to iWeb for my NISA for 15/16. My service with them so far has been great, and they much cheaper than the other brokers out there, so I'm hoping to make a big saving moving forward,

    All the best
    Huw

  • Huw Davies

    Reply Reply 4th March 2015

    Ha ha. I had to poke a bit of fun at myself there. 🙂

    Yes, I'm very happy with how it's all going. I want to continue with my momentum and keep growing this little beast. Thank you for stopping by and for the kind words.

    Huw

  • Huw Davies

    Reply Reply 4th March 2015

    Hi FF,

    I am pleased I have to say. I'm really really with iWeb thus far, and I'll be using their NISA next month in the new allocation. I'm basing the decision largely down to their low costs. I prefer H&L's look, service and layout, but iWeb have their own great features and I'll still keep my old NISA with H&L, so 'll have access to their products anyway.

    I started out investing in accumulation, but I quickly changed over to income when I decided to retire early. I like the idea of having the money to make your own decision with it. I wish you all the best!

    Cheers
    Huw

  • Huw Davies

    Reply Reply 4th March 2015

    Hi FF,

    Thank you very much. I'm well on for another 4 digit YOY increase for march. Watch this space! 🙂

    Thanks for stopping by!
    Huw

  • Dividend Drive

    Reply Reply 9th March 2015

    My pleasure. Yes they have been a little. Though your dividends have been somewhat higher than mine so far. I am very excited about March. I expect it to be about £140 which will be–by far–the biggest single month of income yet. Should be great!

    As you say, Ashtead is a free asset! Always nice, even if it is only pennies it is something. You never know, you may find yourself moved sometime in the future to build the stake up properly again!

    iWeb is very good indeed. I have been extremely happy with them. Their service is excellent and when you remember how much cheaper they are this becomes all the more remarkable. The only downside was they stopped the month investor rate. Would have been nice to have that as an option.

    The only downside is that they are not that competitive if you're interested in holding a couple of foreign equities (I posted on that earlier today). But that is a small price to pay!

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