March 2025 Dividend Income Update — Documenting monthly dividend income to chronicle the journey to financial independence.
I am not a licensed investment advisor, and the content of this post does not constitute professional investment advice. The information provided reflects my personal investment experiences and opinions, and should not be interpreted as a recommendation to buy or sell any stocks or other investments. Before making any investment decisions, please seek the advice of a qualified and licensed investment advisor. All opinions expressed are my own and are based on my personal perspective and experiences.
Welcome to the March 2025 dividend income report for the Dividend Income Investor Blog.
Fortunately, year-over-year dividend income growth is back on track following last month’s decline.
As mentioned in last month’s blog post, this post will focus on key data points for more streamlined content. This strategic move will free up more time for in-depth portfolio management, with the ultimate goal of maximizing total returns.
To offer more insight into my evolving strategy, I’m adopting a distinct approach for the Canadian and US components of my portfolio. For Canadian stocks, my focus will be on those that generate consistent dividend income. On the US side, however, my primary target is growth. This divergence is intentional; I prefer to forgo USD dividends to simplify tracking, as it avoids the need for currency conversion. Additionally, I believe USD stocks present a stronger landscape for significant capital appreciation.
Therefore, my dividend income reports will now primarily focus on the Canadian portion of my portfolio. While I do hold some dividend-paying US equities, they contribute minimally to my overall dividend income.
Now with that context provided, let’s turn our attention to the March 2025 dividend income figures.
March 2025 Dividend Income Numbers
- Total dividend income earned in March 2025 was $203.08
- Year-over-year (YOY) dividend income increased by 26% or $42.36 compared to March 2024
- YTD dividend income is $548.99 (Up by 17.5% or $81.89 compared to the first three months of 2024)
- Quarter-over-quarter (QOQ) dividend income increased by 3% or $6.42 compared to December 2024
- In 2025, the pace of year-over-year dividend growth increased by 4% compared to the previous year’s growth rate.
- All-time dividend income since June 2017 reached $7,845.53
Comments & Analysis
In March 2025, dividend income totalled $203.08, a 26% year-over-year increase compared to March 2024.
Total year-to-date dividend income (January to March 2025) is up to $548.99, which represents a 17.5% increase compared to the first three months of 2024. While last month’s strategic adjustments led to a decline, the continued positive year-to-date growth suggests the overall trend remains healthy.
Another positive highlight is the increased momentum in year-over-year growth. This March saw a 4% pickup in the growth rate compared to the 22% year-over-year growth recorded last March. It will be interesting to observe if this positive growth trend continues as the compounding effect (the “snowball”) takes further hold. In dollar terms, continued growth is anticipated due to expected dividend increases and the larger base of dividend income available for reinvestment. However, given the significantly larger size of both the portfolio and the overall dividend income now compared to previous years, maintaining this level of year-over-year percentage growth was not necessarily expected.
Looking ahead, April 2025 is on course to be a record-breaking month for dividend income. But it’s important to note that strategic adjustments may cause a temporary slowdown in the year-over-year growth rate. However, we anticipate that the overall growth trend will remain positive.
Stay tuned for more exciting dividend income updates as the snowball grows!
February 2025 Dividend Income Update: $90.08 Earned; YOY Dividend Growth Down Due To Strategic Portfolio Adjustments