February Review 2020

February overview

The second month of 2020 is over, so it is time for me to review my investing earnings for February.  What can I say, it was my best month ever since starting this financial journey. It is the first month that I have entered into the 3 figure club and is certainly helping to reach my yearly goal of $1200 at then end of the year.

I could talk some more but have a look at the table below just to see how far I have come since this time last year.

In February, I collected a whopping dividend total of $115.38. This represents a massive 2458.31% growth when compared to February 2019. Seen such an Increase after just over one year is actually crazy but it is a testament to how effective it is to sticking with a plan and investing a small amount every month.

10 companies in total paid me dividends this year which is seven extra from last year. This is because throughout 2019 I acquired shares in $BTI, $T, $ABBV, $O AND $V. I also have a small position in Property Partners which is a crowd funding property website which also paid me a dividend of $3.65 for the month. I also bought shares in $SKT last month.

New Investment shares bought in February.

I also initiated a position in Three companies in February.

MMM

• Shares bought: 1
• Cost : $ 159.25
• Total Shares: 5
• Average Shares Cost: $152.97
• Annual Dividend: $5.88 per Share
• Expected Earnings: $29.4
• Dividend Yield: 3.84%
• Dividend Increases: 61
• 10-Year DGR: 10.93%
• P/E Ratio: 19.08
• Payout Ratio: 75%

GPC

• Shares bought: 10
• Cost : $ 89.05
• Total Shares: 10
• Average Shares Cost: $89.05
• Annual Dividend: $3.05 per Share
• Expected Earnings: $30.50
• Dividend Yield: 3.42%
• Dividend Increases: 63
• 10-Year DGR: 6.6%
• P/E Ratio: 16.01
• Payout Ratio: 55.96%

SBSI

• Shares bought: 2
• Cost : $ 36.11
• Total Shares: 8
• Average Shares Cost: $33.54
• Annual Dividend: $1.24 per Share
• Expected Earnings: $9.92
• Dividend Yield: 3.69%
• Dividend Increases: 25
• 10-Year DGR: 12.55%
• P/E Ratio: 19.07
• Payout Ratio: 73.96%

Savings Rate

I never made it one of my goals but this year I am trying to make a conscious decision to increase our savings rate. I am keeping check on this by tracking my spending each month.

Our savings rate for Feb was again 31%. This is sub divided into investments or long term savings which is cash that is solely used for investing. This accounted for 23% of overall money saved. And short term savings which are didleys for Christmas and savings for holidays and days out. This accounted for 8% of spending. The short term savings is cash that we will spend while the long term savings is what we will invest.

Summary

Overall, February has being a pretty amazing month for me. I have seen solid growth from the same time last year. Iv seen a savings rate of over 30% and added significantly to my expected forward income. The Corona Virus near the end of the month, dropped my Networth by 10% but luckily I do not pay attention to the short term fluctuations of the stock market. Instead I focus on receiving Dividends each and every month for the next 50 odd years. Re-Investing these dividends in high Dividend growth companies will go along way to achieve my financial Independence

Thanks for reading and Happy Investing!

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