It’s time for my favorite type of post: a tally of the dividends I received in the prior month.
So how did I do in April?
Last month 13 companies sent me a dividend payout, adding up to a total of $301.
Even better, I am on track to hit my first $500+ month this year. Truly the power of dividend growth investing.
The following table shows the tickers of the companies that made an April 2018 dividend payout to my portfolio. It features the dividend amount I received and any change in payout as compared to the last payout moment.
The fact that 13 companies sent me dividend checks is great in and of itself.
But out of those 13 there were 6 companies who decided to raise their pay-outs.
Cisco’s (CSCO) 14% raise comes as part of a strong 5 year dividend raising streak of this networking powerhouse. I included this company’s recent raise announcement in my January overview of some great dividend boosts in my portfolio.
Bank of Novia Scotia’s (BNS) slight decline is nothing to worry about. The Canadian bank actually raised their dividend pay-out, but since the dividend is denoted in Canadian dollars the exchange rate spoiled the party here a little.
In summary: April was another great month to be a dividend growth investor, and I set a new bottom threshold at $300 dollars in dividend pay-outs.
Comparing the dividend payout of April 2017 to April 2018 shows an increase of $221 to $301- a Year-on-Year (YoY) growth of 36%.
How was your April and its dividend? Leave a comment/reply to share your thoughts!