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April 2019 Dividend Income

Hundred dollar bills in dividend incomeMoney making money, that is what investing is all about, so in future you don’t have to trade your time for money. 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 7 diversified direct deposits in the form of dividends straight to my brokerage account.

 

 Viacom, Inc. (VIAB) $9.00
 Wall-Mart Stores, Inc. (WMT) $8.55
 Kimberly-Clark Corp. (KMB) $20.00
 Phillip Morris International, Inc. (PM) $65.30
 Realty Income Corp. (O) $20.21
 Erie Indemnity Co. (ERIE) $16.20
 Altria Group, Inc. (MO) $69.42
Total $208.68

 

When statistically comparing last years dividend income total from April 2018 to April 2019, it represents a negative 29.0% for a year over year decreased dividend income growth. 

I will DRIP the following upcoming month: VNQ & VYM.

The dividend income page has been updated accordingly.

7 Comments

  1. DivHut on May 6, 2019 at 15:18

    Looks like a solid showing despite that year over year drop. Like that MO pay out. I’d like to add to my MO as well.

    • DividendVet on May 7, 2019 at 21:33

      The decreased yoy growth was primarily in companies switching their payout months.

      MO is a full position for me, tobacco has been beaten up lately, which offers excellent longterm opportunities.

      All the best!

  2. Dividend Diplomats on May 7, 2019 at 22:51

    Based on your response to Divhut, it appears that the decrease was only due to a timing different. I wouldn’t be that concerned about it for that reason. You can’t control that and it is much better than a dividend cut. Congrats on the strong month. Love the MO and PM payouts!

    Bert

    • DividendVet on May 8, 2019 at 20:54

      I agree, though there is a bit more to the story as I did sell a few names as well, but more on that to come soon. Just cleaning up the portfolio a bit.

      Good hearing from you.

  3. EngineeringDividends on May 11, 2019 at 14:13

    You always seem to have a few payers in there that are unique compared to other portfolios, so I always enjoy checking out your reports, DV. I’m sure the YoY dividend decrease will be a short-term thing… looking forward to seeing what you did with the sale proceeds you obtained from the portfolio clean-up.

    • DividendVet on May 11, 2019 at 15:05

      Thank you, it is important to focus on my inner decision making as I find it that sometimes groupthink runs rampant in DGI world as well. I simply much more favor investing in what I like, enjoy and makes sense to me rather that what makes sense to everyone else. At least if I am wrong, I can say that I was wrong.

      The dip in dividend income is short term fluctuation and will reach new highs. I guarantee it.

      Glad to hear from you.

  4. Doug on May 11, 2019 at 15:59

    Still solid despite the sells and you will make those up sooner. Thats what i am doing is cleaning up mine but it wont be all at one over a few years to help mitigate a big state tax payement.

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