In the first quarter 2012 I sat back and collected $812.14 of dividends from my portfolio. This represented a surprising $80.47 increase from the previous quarter . I sold a large position on the very last trading day in 2011 and have yet to redeploy the funds. That particular position paid me about $60 every 3 months which was noticeably absent in Q1. Also KO did not pay out, but PEP paid twice to more than make up for it.
Overall I'm happy to have received the dividends. It's fun to look back at last year and compare. My portfolio has certainly come a long ways from Q1 2011. I'm hoping to see a correction or a market sell off in Q2. I'd like to be fully invested and therefore maximize my passive income. Even if I stopped investing right now and spent all dividends, an extra $800/quarter would enhance my life in a significant way. That's almost $300/month!
Since I started dividend growth investing I've received over $2600 in total dividends. That means 2 purchases were bought using house money. Very cool! It's only going to snowball from here.
I'm excited to buy more dividend growth stocks and see how much the portfolio will rake in next quarter.