In this new series, I plan to track the number of dividend paychecks I get each month, which companies paid me, and the total each month. If you are curious, check out this link that will send you to my dividend google sheet tracker! 

This month I received five dividend paychecks from Texas Instruments, Lowe’s, AIR Products & Chemicals, Costco, and Apple. The biggest paycheck (LOL) was from Texas instruments at $3.30 based on a share amount of 2.66. The next largest was from Lowe’s paying me $3.05 based on a share amount of 2.9. AIR Products and Chemicals (APD) paid me $2.75 based on 1.7 shares. APD has skyrocketed in the last 6 months, leading my weekly contributions to buy less and less, but I am hoping for a correction here soon so it can be back around the $240-250 range. 

Costco paid me $1.29 based on 1.43 shares this month. Costco had a giant dip at the beginning of January and then jump up past $500. Luckily, it is still in the sub $500 range, and I hope it continues to stay there for the next few months so I can buy more. Apple paid me the smaller amount of the five companies just $1.03 based on 4.46 shares. Appl, along with many technology companies made a scorching bull run. However, based on the next few month’s inflation data and the federal reserves’ decision on the rate increase, many growth stocks could feel the burn.  

Overall, I received $8.12 in February. I am extremely excited to watch this grow and maybe get in the $10 range in May!  

Thank you for reading! If you are wanting more, click the Home button to look around! Also, check out The Land Of Blogs for more reads! 

Financial Disclaimer: I am not a Certified Financial Advisor (CFA), I am a meteorologist. The blog posts about investing are my opinions and for your entertainment purposes. They should not be considered financial advice. Investing in the stock market is risky and you can lose money. If you want to invest in the stock market or have questions about how or where to invest, please seek a CFA. 

Affiliate Link Disclaimer: Some of the links are affiliated links with Public and M1 Finance. As a member of their platform, I earn a small portion if you click the link and sign up with them. I enjoy these companies and would not recommend them to you if I did not believe in their mission and platform. Thank you!

I use the stock trading platform called Public (this is an affiliated link where I get a small kickback if you sign up with my referral code/link!). Public charges no fees to invest, you can choose to have your dividends to be in a reinvestment plan (DRIP) (this is very important and will likely be explained in another blog), the platform is simple and user-friendly, and you can buy fractional shares. I have enjoyed Public’s platform during this past year and will continue to use it in the future. The link above is an affiliated link sign up today and get a free slice of a popular stock between $3-300! This is my compounding machine in which I hope to reach financial independence by using dividend growth stocks to supplement my income. 

To act as a high-return savings account, I use an M1 finance account (Sign up today and get $10 for free!). I will use this fund to help pay a down payment on a car or house, and any other future expenses. Instead of getting a 1-2% yield/return, I hope to get an 8-12% return.