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 last month, 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. 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 and payout ratios). Forget chasing the high yield unicorns and focus on the boring lower yielding but sustainable dividends. In the long run you’ll be better off. With that being said, let’s take a look at my April 2018 dividend totals.
Brokerage Account
Year to date dividends: $1,675.96
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 04/02/2018 | DIVIDEND:KO | KO | $48.92 |
| 04/02/2018 | DIVIDEND:BDX | BDX | $17.23 |
| 04/02/2018 | DIVIDEND:PEP | PEP | $20.63 |
| 04/02/2018 | DIVIDEND:IR | IR | $40.10 |
| 04/03/2018 | DIVIDEND:KMB | KMB | $44.17 |
| 04/10/2018 | DIVIDEND:ITW | ITW | $45.09 |
| 04/11/2018 | DIVIDEND:PM | PM | $42.73 |
| 04/11/2018 | DIVIDEND:DEO | DEO | $61.01 |
| 04/12/2018 | DIVIDEND:MDLZ | MDLZ | $7.19 |
| 04/13/2018 | DIVIDEND:JCI | JCI | $30.39 |
| 04/16/2018 | DIVIDEND:CAH | CAH | $19.61 |
| 04/20/2018 | DIVIDEND:CB | CB | $6.57 |
| 04/25/2018 | DIVIDEND:GE | GE | $36.67 |
| Total: $420.31 |
ROTH Account
Year to date dividends: $672.53
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 04/02/2018 | DIVIDEND:KO | KO | $12.18 |
| 04/02/2018 | DIVIDEND:PEP | PEP | $12.95 |
| 04/03/2018 | DIVIDEND:KMB | KMB | $7.55 |
| 04/11/2018 | DIVIDEND:PM | PM | $8.20 |
| 04/12/2018 | DIVIDEND:MDLZ | MDLZ | $9.70 |
| 04/27/2018 | DIVIDEND:BNS | BNS | $100.67 |
| Total: $151.25 |
IRA Account
Year to date dividends: $277.95
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 04/02/2018 | DIVIDEND:LTC | LTC | $5.69 |
| 04/12/2018 | DIVIDEND:VTR | VTR | $56.42 |
| 04/30/2018 | DIVIDEND:LTC | LTC | $5.72 |
| Total: $67.83 |
Dividend income from my taxable account totaled $420.31 up from $297.61 an increase of 41.2% from April of last year.
Dividend income from my ROTH account totaled $151.25 up from $121.03 an increase of 25.0% from this time last year.
Dividend income from my IRA account totaled $67.83 up from $1.91, a year over year increase of 3,451.3%.
Grand total for the month of April: $639.39 an increase of 52.0% from April 2017.
Now those are some figures to get excited about. I realize that not every month will produce these great results as payout schedules can shift throwing year over year increases out of whack. April saw one of two annual payments made from DEO which skewed results much higher compared to my January totals. As long as I’m on track to surpass my 2017 results I know I’m headed in the right direction and with a third of the year gone by so far, 2018 is looking good.
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
Nice increase. Mine are stagnating 🙁 but I am focusing on creating an active source of income (options trading) which can be invested into future passive income (dividends)… So I am not that concerned yet…
But, anyway, you have a great progress… Good luck!
Hi Martin,
Passive or active… income is income any which way you can get it. Clearly, I’m on the passive dividend bandwagon but there’s nothing wrong with active trading/options, etc. Thank you for stopping by and sharing your thoughts.
Great increases DH! We share PEP but I didn’t received a dividend from them since I bought after the ex-dividend date. Next quarter I will receive my first dividend from PEP. Anyways, congrats on a great month! 🙂
My Dividend Dynasty recently posted…April 2018 Dividend Income
Hi MDD,
Thank you for your kind words and continued support. Happy to be a fellow PEP shareholder too. It’s always exciting getting that first dividend payment from a new holding.
Hey DH. Nice job with your portfolio. Those yearly increases are huge. I see they you have some of the same stocks in your different accounts – is that by design? Great work and congrats on the excellent month!
Hi DF,
Yes, it was by design. I figure, if I like a stock enough to be in my taxable account I can like it enough to be in my ROTH account as well. Thank you for your comment and continued support.
Hut…
WOW. That’s an insane growth rate! What’s the primary factor vs. 2017 of April? Just straight purchases, as the primary??
-Lanny
Hi DD,
Looks like the primary factor for that growth has been my consistent buying. Some months I bought a lot and others not as much but the key has been consistency with my purchases no matter what’s going on in the market.
Hi Keith, I was really happy with the recent PEP dividend increase announcement as I am sure you were too. Keep the dividends rolling in my friend. Tom
Hi DD,
PEP continues to impress even in a market that is dumping all over the consumer staples. Just goes to show the brand power PEP controls. The plan is to keep nibbling and growing that passive income stream.
Nice progress – and agreed with the above comments – a terrific growth rate.
I also like the balance across account types. We’re still getting the vast majority of our dividends from retirement accounts, but we’re slowly growing the taxable bucket.
Thanks for sharing. – Mike
Mike at Balanced Dividends recently posted…Passive Income & Portfolio – April 2018 Update
Hi BD,
This portfolio was built out over a decade and the balance and mix of companies has been very deliberate. Thank you for stopping by and commenting.
That 3,451% gain though!
Hi CD,
Always fun seeing some incredible percentage increase. Of course, these come from time to time when companies change their payout schedules skewing year over year results. I don’t expect to see many of these four digit percentage increases going forward.
You have a nice collection of dividend payers. You are still getting some nice yoy growth out of them especially that IRA. Keep up the good work Keith.
More Dividends recently posted…Recent Buys From DGI Bloggers – Week Of 4/30/18
Hi MD,
I’m not done, buying/building out my portfolio by any means. I’ll keep making my monthly buys and slowly but surely increase my passive income stream share by individual share.
Terrific growth across all the accounts, DivHut. I like the fairly even dividend payouts within the Brokerage account, too. Also, interesting to see the two LTC dividends in the IRA account.
Engineering Dividends recently posted…Monthly Dividend Income (Apr. 2018)
Hi ED,
Sometimes you can’t time the exact dates of a dividend payout. While LTC pays out a monthly dividend I did not receive the March payment till early April. The second payout was the normal April payment. As always, I appreciate your comment.
Very nice growth, as ever! Well done.
The Poor Swiss recently posted…The Millionaire Next Door – Book Review
Hi TPS,
Thank you for your kind words and continued support. Now to report my May totals soon.
Awesome DH! A 52% increase is not some small thing, congratulations!
Btw in the end of your post you refer to February instead of April. Probably a small copy/paste error.
Mr. Robot recently posted…April 2018 Dividend Report
Hi MR,
No doubt 52% is no small number. I don’t expect these results every month but I’ll take it where I can get it.
Solid numbers there, DivHut. Congrats on the div income!
R2R
Roadmap2Retire recently posted…Is whole life insurance worth it?
Hi R2R,
I was quite pleased with my April results. Thank you for your continued support.
Good job. We share KO. Over time we will probably share more. Great increase YOY still getting big increases. Progress is the name of the game and you are doing it. Keep it up
Doug recently posted…April 18 Dividend Report
Hi Doug,
Thank you for those kind words and continued support. Over time, many of our portfolios will hold common names. Just the nature of DGI. Thank you for commenting.
Divhut,
Are you kidding me? These results are just incredible. Congrats on the amazing results and execution of your dividend growth investing strategy. Your portfolio has some incredible names in it that should propel you to future great dividend growth rates.
Keep up the great work!
Bert
Dividend Diplomats recently posted…Bert’s Recent Buy – Pepsico (PEP)
Hi DD,
You can probably imagine how happy I was once I saw the final dividend tally for the month. I have to get my May results put up sometime in the next few days. Just keep nibbling and buying and move forward is my motto (largely ignoring the financial headlines too is what I do 🙂 ).
As always, some really nice numbers DH. I really like your growth rate. Keep up collecting those dividends.
Passive Income Guy recently posted…Weekend reads – week 18
Hi PIG,
This month the growth rate was on the high side. I don’t expect these year over year results every month and I’ll be happy as long as I can put up gains, no matter the size, each month.
52% GAIN!!! Way to go!
American Dividend Dream recently posted…Dividend Income – March 2018
Hi ADD,
Thanks for that enthusiasm. I’m excited about how 2018 is moving along. Keep on buying and collecting those dividends.
Keith,
52% growth is excellent. Nice to see the hard work pay off!
– Gremlin
Dividend Gremlin recently posted…April Review / May Preview, 2018
Hi DG,
It sure does. I always say that DGI is a marathon and not a sprint. These results take time.
Very solid month, Keith, and impressive YOY-growth.
I‘ve some stocks of KO, PEP, DEO, too. Just love them. April was a very strong month for me with USD 1‘300. Very happy with that income I‘ve immediately put to work.
Keep it up and looking forward to your next report.
Cheers
Financial Shaper recently posted…April Dividends and recent Stock Buys
Hi FS,
That’s a solid showing for the month on your end. Keep up that amazing work. Like you, I put my income to work right away via reinvestment. Have to help that snowball along any way we can.
Great work! 50% increase is pretty substantial. Keep that growth up!
Hi DD,
I don’t expect those kind of year over year gains each month but I’ll take them when I can get them.
Great increases all around Div Hut. Congrats on a solid month. I have KMB in my portfolio too, but I didn’t get paid any dividends because I purchased the stock after the ex dividend date. Looking forward to seeing how May treats you.
Dividend Portfolio recently posted…Progress Report – April 2018
Hi DP,
So far 2018 has been a good year. Solid year over year gains each month which means I’ll keep doing more of the same. Happy to be a fellow KMB holder too.
DH, Such a solid income received on an “off month.” Hells yeah! That BNS payout is awesome! I need to get my hands on some Canadian banks. Very dependable! Congrats on a great April!
Money Hungry recently posted…Dividend Income April 2018 (and Denver Travel Recap)
Hi MH,
“Off” month, “on” month… whatever 🙂 I just want to keep putting up solid year over year income gains which just affirms my strategy is working.
Great year on year performance and a solid month of dividend returns!
Hi IM,
No complaints from me about my April performance. I’ll keep building that passive income stream.