April 2016 Dividend Income
So fast and so soon, I guess time flies when you are having fun. But anyways, we have come to another point in the DGI journey and it is that time once again to calculate and measure how much of dividend income magically flew into my brokerage account. The best part of all is that it’s a big dividend increase type of month for quite a few of my holdings. The higher dividend payouts that will be compounded year over year and reaped forever later. Here is one of the many favorite quotes.
I enjoy publishing these monthly dividend income reports as I have gained a much better understanding in how much of my 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 8 diversified direct deposits in the form of dividends straight to my brokerage account. While it is one of my lower paying dividend income months, it all slowly contributes to a sizable chunk over time. Additionally on the side note, I have decided to liquidate one of my oil positions here recently. I am sure many of you are aware of the company it is, but more on that to come soon. Here are the dividends!
- Baxter International, Inc. (BAX) – $2.65
- Coca Cola Co. (KO) – $9.80
- Reynolds American, Inc. (RAI) – $6.72
- Kimberly-Clark Corp. (KMB) – $9.28
- Wall-Mart Stores, Inc. (WMT) – $8.06
- Phillip Morris International, Inc. (PM) – $57.64
- Realty Income Corp. (O) – $9.66
- The Buckle, Inc. (BKE) – $7.50
Total – $111.31
When statistically comparing last years dividend income total from April 2015 to April 2016, it represents a positive 5.8% for a year over year increased dividend growth. The growth difference from last quarter is negative 39.3% for a quarter over quarter decreased dividend growth.
I have decided to DRIP the following this month: COP, KMI, MAT, TROW & UNP.
The dividend income page is updated accordingly.
Thank you for reading & have a great day!
Hi DivVet
Good dividend income and YoY increase.
Keep the snowball rolling
Thanks
Sharon
Hello, thanks I am inching my way up there! 🙂
Thanks for stopping by Sharon.
Great month, a 5.8% YOY increase is very respectable. Steady growth is always a good thing. Keep up the great work.
Thanks, I only wish I had more capital to deploy to grow it a bit faster than that. Thanks for the support.
Take care.
Hey DivVet,
Good month. Lots of good companies and similar to my month. I found you on DivHuts blogroll. Look forward to reading more.
Later,
DFG
Thanks, it means a lot! Glad you found my journey and I hope it will help yours in one way or another.
All the best.
Nice April! Pretty close to mine and it’s always good to see some income on these slower months as most companies and ETFs don’t pay in this time frame.
Thanks, money is money, either a penny or thousands of dollars. No discrimination on the amount, it all joins the team in the portfolio to hustle and bring some more of their friends. 🙂
Keep up the good work!
Good increase compared to last year. This is what matters: slow, but steady growth!
Keep it up!
cheers,
Mike
Yeah, all four years my dividend income has been steadily increasing. The first year increase dividend growth was sure nice.
Good hearing from you Mike.
Vet,
It’s great to see growth YOY. Just try not to get caught up in the changes between quarters. That can change on a given basis. Either way, keep on trucking forward and I’ll keep on following!
-Dividend Reaper
Much appreciated and thanks for the support. Yeah, I am just tracking quarter over quarter to see the stability factor over the growth of the portfolio over time. My guess is that even QoQ will become more balanced as I pick up more snow down the hill. It will be interesting to see.
Forward is the only way! 🙂
Awesome job for the month of April. Any time you can post a year over year gain you know you are doing the right thing and taking that thousand mile journey step by step. As I usually write, it’s nice to see some names in common paying us both for the month. I’ll be posting my results within the next few days. Thanks for sharing.
Absolutely, and that is what I look at the most. I’ve noticed quarter over quarter dividend growth fluctuates much more due to a number of things, but primarily due to companies switching their payout months. Either way I think it is important to track both either down or up.
Looking forward to your dividend income report!
Nice revenue for a slow dividend month. I like the 8 names you’ve chosen to invest in. All great dividends.
Thanks, the only one of the eight that has been sold, but still received the dividend was BXLT.
Take care.