Dividend Income Update April 2020

It’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolios.

Without rehashing the wild ride we experienced in the market the last couple of months, I could find comfort in one thing, my dividends. As we all know, the market may move up and down irrationally and seemingly on a whim while our dividends remain much more stable, reliable and predictable (even with those occasional cuts we all experience). Sure, dividends may not increase every year and a cut or elimination is even possible but the odds are greatly reduced when you diversify among different companies and sectors and focus on dividend quality (free cash flow, EPS, payout ratios and simply cash on hand). With that being said, let’s take a look at my April 2020 dividend totals.

Dividend income from my taxable account totaled $704.00 up from $458.52 an increase of 53.5% from April of last year.

Dividend income from my ROTH account totaled $280.23 up from $164.83 an increase of 70.0% from this time last year.

Dividend income from my IRA account totaled $97.80 up from $69.25, a year over year increase of 41.2%.

Grand total for the month of April: $1,082.03 an increase of 56.2% from April 2019.

Brokerage Account

Year to date dividends: $3,966.90

DateSymbolDescriptionAmount
04/01/2020KOTHE COCA-COLA CO$52.48
04/02/2020KMBKIMBERLY-CLARK CORP$68.48
04/09/2020PMPHILIP MORRIS INTL$170.82
04/09/2020GSKGLAXOSMITHKLINE PLC$14.17
04/13/20JCIJOHNSON CONTROLS$30.94
04/13/20CBCHUBB LTD F$6.75
04/14/2020MDLZMONDELEZ INTL$9.12
04/14/2020DEODIAGEO PLC$58.58
04/15/2020CAHCARDINAL HEALTH INC$30.14
04/15/2020ITWILLINOIS TOOL WORKS$62.06
04/15/2020LEGLEGGETT & PLATT INC$8.00
04/27/2020GEGENERAL ELECTRIC CO$7.66
04/30/2020MOALTRIA GROUP INC$184.80
Total: $704.00

ROTH Account

Year to date dividends: $1,018.05

DateSymbolDescriptionAmount
04/01/2020KOTHE COCA-COLA CO$12.71
04/02/2020KMBKIMBERLY-CLARK CORP$7.49
04/09/2020PMPHILIP MORRIS INTL$8.19
04/14/2020MDLZMONDELEZ INTL$12.54
04/28/2020BNSBANK OF NOVA SCOTIA$104.16
04/30/2020MOALTRIA GROUP INC$31.92
04/30/2020TDTORONTO-DOMINION$103.22
Total: $280.23

IRA Account

Year to date dividends: $319.00

DateSymbolDescriptionAmount
04/06/2020IRMIRON MOUNTAIN US HOLDINGREIT$9.90
04/14/2020VTRVENTAS INC REIT$68.16
04/15/2020LEGLEGGETT & PLATT INC$8.00
04/16/2020DOCPHYSICIANS REALTY TR REIT$5.98
04/30/2020LTCLTC PROPERTIES, INC. REIT$5.76
Total: $97.80

An overall solid year over year increase which in my book is always a win. Who wouldn’t want to continually grow their passive income stream in the face of so much near term price uncertainty? As mentioned above, stocks will rise and fall on a seeming whim but those predictable and reliable dividends keep chugging along even with those occasional cuts.

Are any of these dividend stocks in your portfolio too? How was your April dividend income? Please let me know below.

Disclosure: Long all above

10 thoughts on “Dividend Income Update April 2020”

  1. Outstanding YoY growth across all the accounts, DivHut. That’s the way to do it!
    Big tobacco really delivered for you in your Brokerage account in April, but you had a nice collection of four $50+ payers as well. I see the Canadian banks continue to hold down the fort in your Roth account, too. Set it and forget it there.
    Four-digit income in these unique/tough times is quite a haul. Congrats on cracking $1K in April dividends.
    Engineering Dividends recently posted…Recent Transactions – CAKE, GD, ADP, WFC, CMCSAMy Profile

    Reply
  2. Awesome growth DivHut and what an amazing results reaching +1$K.

    We share 4 companies this month (LEG, IRM, KMB and CAH) albeit in lower amounts, except for IRM! 🙂

    Reply

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