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 13 companies sent me a dividend payout, adding up to a total of $301.
While January and February of this year yielded total dividends just slightly below the $300 mark, it looks like 3 Benjamins will be my lower threshold going forward.
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.
| Ticker | Dividends Received | Dividend per Share Change |
|---|---|---|
| KMB | $35.00 | 3.09% |
| SOUHY | $3.65 | 14.06% |
| DEO | $14.00 | 18.44% |
| VTR | $12.64 | |
| HASI | $16.50 | |
| EQR | $10.08 | |
| WPC | $71.05 | 0.50% |
| STAG | $5.92 | |
| LHO | $31.50 | |
| CAH | $30.06 | |
| CSCO | $33.00 | 13.79% |
| BNS | $25.47 | -0.47% |
| CLDT | $11.00 | 3.09% |
| TOTAL | 301 |
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.
Two dividend raises stand out this month. Diageo’s (DEO) 18% raise is enough to get me cracking open another Guinness.
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%.
This YoY growth is featured in the table below.
How was your April and its dividend? Leave a comment/reply to share your thoughts!
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Nice! Breaking the 300 mark in a single month. Well on your way to the 500 mark. This is an off month too, or at least it is for me. I am just trying to see triple digit months so this is really impressive. Keep it up!
Thank you DD. The 500 mark is definitely in reach this year. As of now I project to hit that milestone for the first time this September.
Great month and amazing growth when looking at the graph which compares previous years! Keep working and the portfolio will be working besides on your behalf 🙂
I also received a dividend from CSCO this month but my income was really modest compared to yours.
Keep it up!
-BI
Thanks! Yes, I really like creating those comparison visuals. They keep me motivated!
CSCO has been (and hopefully will continue to be) a great dividend growth stock. Glad I added the company back in 2016.
Now there it is TI . Congrats on crossing the $300 mark and the strong increase. I love how you showed the breakdown and the percent increases for each company.
Bert
Thanks Bert! Keeping track of the dividend raises is what DGI is all about 🙂
YoY growth of 36 % is very strong, just keep it up and the compound effect will support your wealth building proces very nicely over time. I like your stock positions, companies such as Diageo and Kimberly are extremely solid.
Cheers
FS,
Thanks - and yes, great to see how the compound effect is kicking in.
KMB and DEO are great Staples stocks.The former has been struggling a little pricing wise, and I used those dips to add more. DEO is pretty lofty priced right now IMHO, so probably not adding to that position soon.