April 2015 Dividend Income
The month of April is officially behind us and it has been another exceptional month. I initiated a few acquisitions in April, starting with Philip Morris and ending the month with Union Pacific. Although, I wish I had picked up PM before the ex-dividend date, unfortunately that was a miscalculation on my part. As a result, the Philip Morris acquisition did not produce extra dividend income, but in the future it will.
Now I’ll come out and admit that I am still a student in Dividend Growth Investing and continue to learn everything about it. Though, what I have noticed that I previously haven’t, is that some companies change their dividend payout dates on annual basis. For example, I find that some companies that payed dividends in April 2014 are no longer paying in April of 2015 and actually dropped back a month which causes some fluctuating correlations. This month is a fine example, because dividend income causes some inconsistencies when comparing year to year performance.
In addition, TROW payed a special dividend to its shareholders. Gotta love companies who reward their owners with generous surprise bonuses. Not very likely to see that working for an employer.
I enjoy publishing these dividend income reports as I have gained a better understanding in how much of passive income is coming in every month and how much it is growing over time. For the month of April, I have received a total of 6 diversified direct deposits in the form of dividends. When comparing last years total in April 2014 to April 2015 dividend income , it presents a negative 2.2% year over year increase. The difference from last quarter is negative 21.1% quarter over quarter decreased growth.
- Baxter International, Inc. (BAX) – $11.96
- Coca Cola Co. (KO) – $9.24
- Kimberly-Clark Corp. (KMB) – $8.87
- Phillip Morris International, Inc. (PM) – $42.19
- Realty Income Corp. (O) – $8.98
- T Rowe Price Group, Inc. (TROW) – $24.00 (Special Dividend)
Total – $105.24
Goal: With 4 months behind, I am 27.6% of my goal complete.
The dividend income page is updated accordingly.
Thank you for reading & have a great day!
Thanks for sharing your dividend income and especially your new acquisitions. I believe Phillip Morris is a great stock choice. Keep up the great posts and investing.
My pleasure, I am glad some people find value, inspiration and perhaps some motivation in these posts. Nice to hear feedback from the readers.
Good luck on your journey!
Great month! I got that special TROW dividend as well. It was nice, but I was kind of disappointed that it didn’t get automatically reinvested. Since it is held in a Roth IRA and I’ve maxed the contribution already, it is kind of hard to add it to individual stocks without commissions eating up a lot of it. What I ended up doing is buying a few shares of a dividend ETF…not ideal but better than it sitting in the account earning nearly nothing until January.
Keep up the good work!
Glad to have you as a fellow TROW shareholder, I’ve enjoyed my special dividend from them as well. Bummer, it didn’t get reinvested the way you wanted it, though picking up a no cost ETF shows you are thinking on your feet, good move. ETFs are not going away anytime soon, and still offer a great diversification tools for people who don’t want to manage a bunch of companies. Like you mentioned, the key is buying ETFs through a brokerage that has zero costs associated, while also taking ETFs management fees into consideration.
Best of luck.
Solid results once again! I agree with Ferdis as well! 😉 Keep it up.
I appreciate for the support.
Best to you too!
Hi DividendVet — solid month and I wouldn’t worry too much about comparing monthly dividend totals with prior years. The most important thing is that dividends continue to be increased, so over time, you’ll be “smiling all the way to the bank”. With most companies paying quarterly dividends, I think it makes mores sense to look at quarterly totals and comparisons. Anyway, keep up the good work and enjoy the journey.
Thank you for the kind words. Yeah, I think I tend to overthink and overanalyze some of the quantitative concepts, whereas I should be more focused on doing more qualitative thinking while keeping the essential big picture in my mind.
Been smiling ever since I started DGI journey. Ear to ear baby!
Good hearing from you!
Another solid month, overall. Every month of reinvested dividend income and fresh capital deployment is another month closer to freedom. 🙂
Keep it up!
Exactly, Financial Independence is the name of the game and even subpar months as April help me climb my way up. Dividend reinvested means more dividend coming my way in the future.
Thanks for the support, hope all is well!
Great month! Looks like you are well on your way to reaching your goal.
Thank you, though I am a bit behind on my goal, so I have my work cut out, especially with weak month as this April.
Thanks for stopping by.
Dividends tend to be relatively weak early in the year (in January), correct? I’m guessing you have some good months ahead of you.
It really depends on the type of companies you have, some dividend payouts vary, some pay in January, some in other months, while others on monthly basis (O). So overall it varies, also, some companies might pay in one month one year and change the payout date the next year.
But to answer your question, yes, my most profitable months are March, June, September, December.
Too bad you missed that ex div date, that extra PM money would have helped you out here in one of your weakest months. The good news is that you can look forward to next quarters dividend at least and see some nice growth.
Yeah, it sure would of helped. It’s okay though, plenty of dividend payouts left in the future.