February 2019 Dividends
Thanks for stopping by, it feels good to get on a normal schedule again for these updates!
We are in to a new month, and so it is that time. Happy March!
While the rest of the country looks forward to Spring approaching, we here in New England are anticipating more of:
Weather jokes aside, let's get right to it:
February 2019 Transactions
I was able to make some buys for February, which amounted to 3 shares of Lazard, International (LAZ), adding to my current position. It appears undervalued, so I felt it was a good time to add shares. The price is depressed at the moment, but I believe there are better days ahead.
Dividend Income History
Now, for a look at the dividend history
and in graphical form:
Comparison to the Last Quarter and Last Year.
As we look at the results from last year and the last recent quarter, we can see there have been slight decreases in both comparisons, unfortunately.
The previous quarter's results from November 2018 came in at $184.42, meaning that the February 2019 income of $178.07 came in at -3.4% below the previous quarter's results. I believe that this was due in part to Lazard (LAZ) dividend payments not coming in February, as they had in November. These payments actually came in on March 1st. Therefore, the March numbers will definitely see a boost!
I believe a similar reason is at play for the lower results in comparison to February 2018. This is the first time I can remember the LAZ dividend coming in the 3rd month of a quarter. No worries, for now, as I expect it will all even out as more time passes.
So folks, there you have it. My results for February 2019 were not the greatest, and it is not good to see decreases, but I'm sure that I am on the right track. It does feel good to get on a timely schedule again for sending out update. I am hopeful that this will continue, and I do look forward to see how things shake out the rest of 2019.
How was your February? Let me know in the comments below!