March has come to an end so it is time for another update. This month was the best month ever for income from my accounts. The good start to the year has continued. It was the best month ever for dividends and a good month for options trading premium. Let’s take a look at how much dividends and options premium I received for March.
For the month, I received a total of $735.45 in dividends. This is a significant increase over March 2023 when I received $509.51 in dividends. This is a nice 44.34% increase year over year. For the year I have received $1,638.74 in dividends. This puts me at 23.41% toward my goal of $7,000 dividends received for the year. I am a little bit behind pace to reach my goal, but there is plenty of time left in the year to catch up.
Options premium received in March was down again this month when compared to January and February but was still respectable, totaling $664.03. I was very active this month in options trading. Below is chart of all the options trades I made in March.
Tickercall/put acctstrikeexp datepremiumtrans dateSCHD2 c ira cl787/19/24-$435.353/1/24SCHD2 c ira7910/18/24$482.653/1/24USBc ira43.53/8/24$26.323/4/24Tc ira173/8/24$18.323/4/24SIRI3 c ira53/8/24$2.773/4/24NYCBc roth4.53/8/24$4.723/4/24CVSc ira773/8/24$15.323/4/24Tc ira173/8/24$17.323/5/24USBc ira cl43.53/8/24-$41.033/7/24USBc ira443/15/24$66.323/7/24EPDc ira cl283/15/24-$29.033/7/24EPDc ira283/22/24$35.323/7/24SCHDc ira cl7910/18/24-$591.363/8/24SCHDc ira801/17/25$624.643/8/24MOc ira cl423/8/24-$9.033/8/24MOc ira42.53/15/24$14.323/8/24SIRI3 c ira53/28/24$2.773/11/24NYCBc roth4.53/15/24$4.723/11/24EPDc ira cl283/22/24-$24.033/11/24EPDc ira296/21/24$28.323/11/24ENBc ira37.54/19/24$14.323/11/24CVSc ira753/15/24$19.323/11/24MOc ira cl42.53/15/24-$48.033/12/24MOc ira459/20/24$79.323/12/24EPDc ira cl28.53/15/24-$38.033/13/24EPDc ira294/19/24$39.323/13/24BEPCc roth254/19/24$49.323/15/24WPCc ira654/19/24$4.723/18/24USBc ira443/22/24$15.323/18/24SOFIp ira73/22/24$20.323/18/24PRUc ira1204/19/24$49.323/18/24Oc ira57.54/19/24$6.623/18/24NYCBp ira3.53/28/24$9.473/18/24BTIc ira345/17/24$4.723/18/24CVSc ira803/22/24$11.373/18/24BEPCc ira305/17/24$9.473/18/24BEPCc roth305/17/24$9.473/18/24NYCBc roth44/5/24$4.723/20/24USBc ira45.53/28/24$4.723/25/24NYCBp ira3.53/28/24$7.573/25/24CVSc ira813/28/24$17.323/25/24SIRI3c roth4.54/19/24$8.473/26/24NYCBp tax3.53/28/24$14.323/26/24VALEc tax12.54/5/24$5.673/27/24RKLBp ira44/19/24$14.323/27/24SCHD2c ira cl801/17/25-$707.353/28/24SCHDc ira831/16/26$814.643/28/24EPDc ira cl294/19/24-$43.033/28/24EPDc ira309/20/24$52.323/28/24
The total amount of income produced from my accounts for March was $1,422.47. This includes dividends, options premium, and interest. This is most amount of income my accounts have ever produced in one month. This also marks the fourth straight month my accounts have produced over $1,300. Honestly, I am a bit surprised by the consistency of income I have achieved the past few months. For the year, my accounts have produced $4,220.21 of income which has been reinvested back into the accounts to allow the compounding effect to grow my accounts. This puts me at 33.76% toward my goal of $12,500 of income from accounts this year.
March continued the great start to the year. As always, I will continue to invest and reinvest the dividends and options premium. Following this plan will allow the income from my accounts to grow. One day it will be enough to cover my expenses and allow me to retire. Thanks for following along! If a blue collar factory worker like me can do this, so can you. I encourage everyone to invest in their future!
*Disclaimer – I am not a financial professional. The information shared here should not be considered financial advice. I am just a factory worker sharing my experience as I strive to achieve financial freedom. Before investing or making any financial decision do your own research and due diligence or consider seeking the advice of a financial and/or tax professional.
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