It’s time for my favorite type of post: a tally of the dividends I received in the prior month. Given my strategy of DGI, it is really the dividend payouts that I care about. For each of the companies I invest in, I like to see a steady and growing stream of dividend payouts.
So how did I do in April?
Last month 11 companies sent me a dividend payout, adding up to a total of $221.
Not bad for an ‘off month’ - it’s usually March, June, September and December that provide the most dividend paychecks. With the exception of February - so far every month of 2017 was a $200+ monthly dividend payout for me.
Receiving over $200 dollars each month in dividends makes buying my next addition to the portfolio a little easier. You could say that my own little version of ‘The Snowball’ is starting to pick up some pace!
The following table shows the tickers of the companies that made a April 2017 dividend payout to my portfolio. It features the dividend amount I received and any change in payout as compared to the last payout moment.
| Ticker | Dividends Received | Dividend per Share Change |
|---|---|---|
| SOUHY | $1.80 | 260.00% |
| DEO | $11.82 | -6.93% |
| HASI | $16.50 | |
| STAG | $5.83 | |
| EQR | $10.08 | |
| CAH | $11.22 | |
| WPC | $69.65 | 0.51% |
| LHO | $31.50 | |
| CSCO | $29.00 | 11.54% |
| BNS | $22.42 | -0.80% |
| CLDT | $11.00 |
Some wild figures in there! The dividend growth numbers are all over the place this month. Let’s take a closer look…
South32 (SOUHY) raised it’s dividend by 260%. Unfortunately South32 is a very small position in my portfolio and is the result of a spin-off from BHP Billiton back in 2015. While the increase looks great, the absolute numbers are slightly less impressive - from now on I will receive $1.80 every six months from South32. Ah well, I’ll take it!
My Diageo (DEO) dividend came down by almost 7%. This was not due to a decrease of their payout (or my consumption of their famous Guinness brand), but has to do with the Pound/Dollar exchange rate. Bank of Nova Scotia’s (BNS) was also (slightly) reduced to exchange rates.
Finally: a small increase by WPC and a very nice double digit increase from Cisco (CSCO).
Comparing the dividend payout of April 2016 to April 2017 (below) shows an increase from $115 to $221- a YoY growth of 48%.
How was your April and its dividend? Leave a comment/reply to share your thoughts!
I also had a great month. 48% increase is awesome. STAG is a great monthly dividend payer, I have it too.
DM, thanks. Yes pretty happy with STAG so far. No major increases in dividend, but they have paid me a steady monhtly dividend since mid-2015.
Thanks for the update. Nice year-over-year increase. Hope the $200+ per month streak continues. I remember the first time where each month was higher than $100…it’s a great feeling. Things really start increasing from there. I got the very small SOUHY dividend as well. Better than nothing, I guess.
Scott
TwoInvesting, thank you. Based on my forward dividend projections the $200+ months should continue. In fact - this year will see the first $300+ month.. agree that’s a great feeling!
Getting the small dividend from SOUHY is better than nothing indeed. Selling would not make sense for me since the transaction costs would be disproportional. Guess it makes for a free yearly latte! 🙂
Cool! CSCO is such a great DGI stock. Also interesting to see your top months. It’s the opposite for me.