Dividend Income Update – April 2015

The months keep rolling on which is a little sad considering how fast it’s flying by but on the other hand we get to write about our monthly dividend income reports which is always fun. After all, creating a rising passive dividend income stream is really why we are all here. Whether we’re looking to be 100% reliant on this income sometime in the future or just want a little extra help to supplement our other income streams in retirement, the end goal is always the same. With that being said let’s take a look at my April dividend income.

 

Dividend income from my taxable account totalled $261.36 up from $175.03 an increase of 49.32% from April of last year.

 

Dividend income from my ROTH account totalled $94.80 up from $25.34 an increase of 274.11% from this time last year.

 

Clearly, the huge year over year increase in my ROTH account can be attributed to my near monthly buys of the large Canadian banks, TD, BNS and RY over the last ten months. That dividend snowball should really be rolling now. Going forward I’m excited to receive my first dividend distributions from my newly created IRA account which include three new health care REITs, HCP, HCN and VTR.

 

My year to date dividends from my brokerage account is $1,002.81 and from my ROTH account $287.57.

 

Are any of the names below in your portfolio too? How was your April dividend income?

 

Brokerage Account

Year to date dividends: $1,002.81

DateDescriptionSymbolAmount
04/01/2015DIVIDEND:CBCB$8.33
04/01/2015DIVIDEND:KOKO$29.40
04/02/2015DIVIDEND:JCIJCI$17.24
04/02/2015DIVIDEND:KMBKMB$30.19
04/07/2015DIVIDEND:ITWITW$26.58
04/10/2015DIVIDEND:PMPM$35.83
04/10/2015DIVIDEND:DEODEO$43.70
04/13/2015DIVIDEND:MDLZMDLZ$4.71
04/24/2015DIVIDEND:KRFTKRFT$29.72
04/27/2015DIVIDEND:GEGE$35.66
Total: $261.36

 

ROTH Account

Year to date dividends: $287.57

DateDescriptionSymbolAmount
04/01/2015DIVIDEND:KOKO$9.42
04/02/2015DIVIDEND:KMBKMB$6.11
04/10/2015DIVIDEND:PMPM$6.88
04/13/2015DIVIDEND:MDLZMDLZ$6.35
04/24/2015DIVIDEND:KRFTKRFT$18.29
04/30/2015DIVIDEND:BNSBNS$47.75
Total: $94.80

Disclosure: Long all above

56 thoughts on “Dividend Income Update – April 2015

    • Hi John,

      These posts, by far, are the most fun to read and write about. Happy to be a fellow shareholder with you in KRFT and KO. I’d love to add more KO but not at current price/valuation. I have a feeling it will be doing quite well in the years to come with their diverse spectrum of non-soda drinks. Thank you for stopping by and commenting.

    • Hi KeithX,

      Thank you for your continued support. I always was a slow and steady guy and my dividend investing is no different. Still shopping around for baby DivHut’s first buy and I know I shouldn’t quibble over a dollar or two price difference especially when his portfolio will be filled exclusively with solid long term dividend growers. Thanks for stopping by.

  1. Hey DivHut,
    I see you also carry dividend paying stocks in your roth. As you mentioned on my original portfolio post I’m currently just holding a target retirement/index fund approach in my roth. I tried to search for a post that specifically detailed your strategy for your roth holdings but all I found was “http://divhut.com/2014/07/benefits-dividend-investing/”. If you wouldn’t mind I’d really like to know if there were specific advantages to going dividend vs index in ROTH (even if it’s just your opinion). Could be an idea for a post 😉 .
    Really appreciate it,
    -Rich (27)
    Redeemed Finance recently posted…Month in Review – April 2015My Profile

    • Hi RF,

      My ROTH account was basically a subset of my original taxable account, just a lot more concentrated. For the foreseeable future I don’t ever plan to hold any types of index funds or ETFs just individual dividend paying stocks. The way I see it I have created my own diverse fund with all my holdings spread among various sectors and different types of accounts. I like the idea of owning dividend stocks with growing distributions as opposed to a managed fund that charges a fee to essentially to the same. Sure, a target retirement/index fund might outperform my portfolio in terms of growth, but I doubt it will outperform my growing passive income stream and growing yield on cost for my individual holdings. Since I’m not looking to “beat the market” with my results I don’t focus as much on portfolio growth (capital appreciation) as much as dividend growth (passive income stream). One key advantage of the ROTH or an IRA though is that I can place some foreign stocks in there and not be subject to any withholding tax. This is why I have placed my TD, BNS and RY all in my ROTH as no Canadian withholding tax is removed from my dividend distribution. I hope this gives you a little better understanding as to why I have built out my portfolio the way I have. The bottom line is that a tax advantaged account allows your return to compound that much faster than a taxable account. Of course, you can’t touch the money till you are “retirement” age whatever that will be in the future. Thank you for your question and for stopping by.

    • Hi DD,

      No complaints from me regarding my year over year growth. I expect the ROTH account to post some stellar growth because of all my buys in the Canadian banks over the last ten months. Happy to be a fellow DEO shareholder with you. While I love the company/stock I do wish they paid out quarterly instead of just twice a year. Congrats on your great month for dividend income too. Thank you for sharing.

      • It is certainly looking good. Loaded up with the banks you should certainly see it rapidly shift gears dividend wise!

        Being in the UK I am very much used to semi-annual rather than quarterly dividends Diageo puts out it must be said. I know what you mean.

        Quarterly certainly has benefits when you’re a dividend income investor. I don’t know what share of their shareholders are no-UK and whether they would consider shifting to quarterly payments. Recently Imperial Tobacco did change their policy to quarterly dividends.
        Dividend Drive recently posted…Loved By the Good? Fee-free Broker RobinHood Looking to Expand Internationally–Anyone Used Them?My Profile

        • Hi DD,

          It just comes down to math. Everyone would love monthly payments but quarterly is reasonable. It allows for faster compounding. Well, who knows what the future may hold. As you mentioned, if enough shareholders demand it they may change like Imperial Tobacco did. The bottom line for me is continued sustainable and growing dividends. That’s really what counts. Enjoy the weekend.

    • Hi R2R,

      Thank you for the kind words. My goal to build a solid income portfolio is really coming to fruition. After my newly initiated positions last month in DOV, ADM, VTR, HCN, and HCP, I don’t think I’ll be adding any new names for a long time rather just focus on what I have and average down if need be. Thank you for stopping by and commenting.

  2. DivHut,

    Very nice progress. Nice to see those large % increases month over month, keep up the good work. I can tell you will have an excellent year full of progress towards building a strong passive income stream.

    -Gremlin

    • Hi DG,

      I’m very happy with my progress in my accounts. Looking forward to continued growth now that I have a new IRA account with three new holdings, HCP, VTR and HCN. Now that a third of the year is gone I can estimate my total year of dividend income much better. I have a soft goal of hitting $4,000 for the year between all three accounts. As always, I appreciate your comment.

    • Hi DG,

      Thank you for your continued support. The snowball is really taking hold among several of my stocks now that dividend distributions are buying whole shares instead of just fractions. I can already taste the compounding factor really starting to work its magic. Thank you for stopping by and commenting.

    • Hi DH,

      Slow and steady is a mantra that I truly believe in and with dividend investing, even slow and steady progress can be seen on a month to month and year to year basis. It’s easy not to get discouraged when you see results like these. Having a great time with baby DivHut too. Where did two months go? I can’t believe how fast the weeks and months are moving by. Thank you for your comment.

    • Hi JC,

      Thank you for the encouraging words. I couldn’t agree with you more. Between my taxable and ROTH accounts the monthly passive income is really starting to take hold. I am looking forward to the day, whenever that may be, of reaching $1,000 a month in dividend income. That’s a nice round number that certainly has a nice ring to it. You know the saying, “slow and steady wins the race,” and I think we are all headed in the right direction no matter how slow it may seem at times. As always, I appreciate your comment.

    • Hi DD,

      You said it. And the best part, we are all collecting cash without having to work for it. That’s even better! Thanks for stopping by.

  3. Another nice month DivHut. And very impressive year-over-year growth in your Roth IRA…274% is awesome progress! Our family also received dividends from PM and GE this past month. Nice to be a fellow shareholder in PM and GE. Hope to continue to add a few more of the stable growth companies you hold in your portfolio.

    Keep up the progress. AFFJ

    • Hi AFFJ,

      Glad to see you are still keeping your GE shares. I have read many bloggers dumping their stock after the recent dividend announcement coming from them. I see no reason to sell my shares. My ROTH should still be putting up some nice numbers going forward too. All those Canadian bank stock buys over the months are starting to make themselves known in terms of increased monthly income. Always happy to see others who own the same stocks as I do. Thank you for stopping by and commenting.

    • Hi Tawcan,

      It doesn’t get much better than passive income. The way I see it, I worked hard to get that investment capital first. Now that investment capital can work for me indefinitely. One thing these updates highlight is the year over year progress made and that always puts real numbers and dollars into perspective. This isn’t some economic theory we are working with, it’s real cold hard cash… after all… dividend don’t lie. Thank you for stopping by and commenting.

  4. DivHut,

    Great month of passive income. We only share 2 companies, GE and PM (no GE divy until July due to time period from date of record and payable date). But you have an extremely diverse solid group of payers. Can’t wait to see you pull the trigger on baby DH’s first purchase. Keep up the great work and let us know if you figure out a way to slow down time. It’s going by too fast for us in respect to our time with our children.
    Have a great weekend!

    All the best.

    FD
    Forward Dividends recently posted…Recent Purchase – HCPMy Profile

    • Hi FD,

      Thank you for your encouraging words. I was very pleased with my April results. What’s not to like right? Money hitting your account as you go about your daily activities. Still waiting to pull the trigger on baby DivHut’s first buy. It will happen this month. I still haven’t made a buy yet either. Whatever stock baby DivHut will end up with, it will be from a holding that is in my own portfolio already. The way I see it, good enough for me, good enough for baby. As always, I appreciate your comment.

    • Hi HMB,

      Boy would I love to add more consumer staple names to my portfolio. KMB, PG, CL, UL, CLX and more but not at current price/valuation for many. It seems like the entire sector is trading at some crazy premium. I’ll keep a watch on my ROTH going forward as I still may add to my BNS. Thank you for your continued support and for commenting.

    • Hi FV,

      Look out below… Snowball gaining steam. This is the fun part of being a dividend growth investor. Thanks for commenting.

    • Hi Lomd,

      No doubt about it. This is the fun part of being a dividend investor. Watching our monthly and year over year increases in income we realize that it cannot be faked as dividends are real cash. Thank you for stopping by and commenting.

    • Hi B,

      Thank you for your words of encouragement. The bottom line is that when you invest in high quality businesses and have a long term perspective measured in decades, generally speaking, you will be participating in growing businesses that can continue to make these ever growing dividend distributions. Of course, nothing is guaranteed from businesses to dividends which is why we spread our money over many different companies but overall, with patience and investing discretion, the system works. Thank you for stopping by and commenting.

    • Hi DD,

      There definitely was a nice year over year jump in total April dividend income. The taxable account is really starting to roll on its own as new dividends reinvested really make the number jump faster without fresh capital and my ROTH account figures are a direct result of my consistent, monthly additions to the large Canadian banks I hold there. As always, I appreciate you stopping by and commenting.

  5. GE is in mine. I would like to add PM. I did not have any cash at 76, so I could not get the position going. That was a good move for anyone who got in at 76. Good job. Keep us posted.

    Keep cranking,

    Robert the DividendDreamer
    AKA — Seeking Dividends

    Follow me on Twitter– Seeking Dividends@DividendDreamer
    dividenddreamer recently posted…Dividend Income Update 1Q 2015My Profile

    • Hi dividenddreamer,

      I still like GE even though quite a few of the dividend bloggers are not too hot on them going forward because of their recent dividend announcement. As always, I’ll be posting my new buys so you can see where my cash is being deployed.

    • Hi Vivianne,

      I think your comment highlights the secret sauce of dividend investing, yield on cost. Investing early and often and being able to participate in years of dividend growth allows for a nice return based on initial investment. Of course, I realize that portfolio values can rise and fall on a whim which is why I am more focused in my dividend growth rather than overall portfolio value. Thank you for stopping by and commenting.

    • Hi DD,

      I’m already tallying an approximate year end total now that a third of the year has gone by. Don’t want to get too anxious as I know dividends are not guaranteed and can change but it does look like I’ll be able to cruise by my 2014 totals between my three accounts. Still waiting on my first dividends from my IRA. That should help too for the second half of the year. Thank you for stopping by and commenting.

    • Hi HHaWG,

      I have been liking the Canadian banks for a long time and have been adding to them for many months. Though still attractive today, they seem a little less attractive to me as they have really climbed a lot in the last month or so. Still, as you mentioned, they do present some pretty good value with a great current yield. For May it looks like BNS is the only one I’d be adding to. Thank you for stopping by and sharing your thoughts.

    • Hi FTFF,

      No complaints from me. So far 2015 is crushing my 2014 totals which I am very happy about. There’s little doubt that my investments in those large Canadian banks over the last ten months are starting to show themselves now in the form of higher dividend distributions. I never like to publish my forward dividends as I feel it’s like counting your eggs before they hatch but if things go to plan I may reach my goal of $4,000 in dividend income between all my accounts. As always, I appreciate your stopping and commenting.

    • Hi PIM,

      Thanks for the continued support. Always nice seeing a growth trend especially when it comes to passive income. Thank you for stopping by.

  6. Great update! A 49% update is definitely awesome to report! I don’t think anyone here got a 49% pay raise this year, right?

    I noticed that you and I have a good bit of overlap in our portfolios, but if we are both following the DGI strategy, then of course we’re going to buy most of the same stocks.

    Hope your dividend income continues to grow more and more.

    Sincerely,
    ARB–Angry Retail Banker
    ARB recently posted…An eBook Review: “Save Better” by DJ WhitesideMy Profile

    • Hi ARB,

      Thank you for your kind words. It’s always fun writing these posts and documenting how much your dividend income has increased year over year. I think it’s great that we have a lot of overlap between our portfolios. Just because you are using a DGI strategy doesn’t mean your portfolio will match up to someone else. I have seen many portfolios online that scare me a little as they are overly reliant on excessively high yielding REITs, mREITs, BDCs, or MLPs that clearly have an unsustainable yield. That’s just not how I like to invest. I might have one of the more conservative portfolios online as I just added REITs for the first time last month (HCP, HCN, VTR) and hold no tech stocks nor volatile energy names or MLPs. I like my sleep at night. 🙂 As always I appreciate your comment.

  7. Hi DivHut,

    Thank you for sharing your updates. Some nice figures and steady progress.

    I am mainly focus on Big Oil and Energy companies, as know them a little bit. If not, just simply stick with the mutual funds. I am quite afraid to get a big position in any of the stocks until reach my financial independence, as nobodys is perfect. Do not want to put my dreams dependent on one company.

    How do select yours and do you monitor them monthly (i.e. reading financial statements, etc..)?
    Financial Independence recently posted…Energy Stocks ScreeningMy Profile

    • Hi FI,

      Everyone invests in what makes them the most comfortable. As you can see from my portfolios I do not own one energy name nor tech. For me those industries seem just a little too volatile for my liking. I prefer the consumer staples and industrial names the most. That being said, I do have some energy names on my watch list as I am considering a few plays and would invest in at least a couple names. I think that by diversifying into several stocks in several different sectors you can adequately protect your overall portfolio from a total collapse. As you stated, I “Do not want to put my dreams dependent on one company.” This is why we diversify.

      I actually look at potential companies to invest in from a dividend perspective first. Not growth, nor sales. I like to find companies that have long dividend histories that include long dividend growth and are sustainable (low to moderate payout ratios). I do look at financial statements but not monthly nor even quarterly. I feel that these snapshots of financial health don’t mean much when investing for a very long time. If I was more of a trader then I’d find greater value in reading monthly financial statements. As my primary concern is all about dividend income and growth I focus in those metrics first then focus on valuations to see if a particular company is a fair buy and not overpriced. Thank you for commenting.

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