Dividend income changing with business decisions being made. Unemployment can cross 20%, 25% or even 30%, potentially. New government aid bills are being mass-forced into approval processes. Should you open your business or keep it closed? The stock market can be up 2-5% one week and down 2-5% week the next. Volatile times indeed.
Despite all of the volatility & uncertainty, we have found 41 reasons to smile and remain optimistic. Each month we compile a list of dividend income summaries from around the dividend investing community. The news and noise is turned down, it’s time to celebrate 41 individuals achievements in the dividend income category
Here is the April 2020 installment of the dividend income from YOU the bloggers series. Let’s stay positive, focused, and most importantly, motivated to reach financial freedom!
Engineering Dividends – $740.31 – We are kicking this party off in style. ED absolutely crushed it in April and the large increase compared to last year was driven by new dividends received from CSCO, EMN, IRM, and ADP. Keep those dividends growing one step at a time!
Dividend Portfolio – $.33 – And the dividend portfolio rebuild continues. DP is restarting the portfolio from scratch here and received dividends from Coke, Cisco, and Realty Income. Three heavyweight companies. It’ll be fun to watch this portfolio continue to climb each month.
Dividend Gremlin – $134.44 – The growth continues for Gremlin. This house party is really starting to fly off the charts! Stop by and see some of the strong dividend growth stocks that paid Gremlin in April.
Dividend Hawk – $3,312.50 – Woah woah woah. This Hawk is flying high! Hawk’s dividend income was boosted by receiving a dividend from a strong annual dividend payer. But even without this one company, Hawk would have still received well over $2k in dividend income.
Young Dividend – $2,122.09 – Let’s just say that Young Dividend smoked this months dividend income total. Yes, that’s a bad pun, as YD received over $1,100 in dividend income from Philip Morris and Altria.
Seeking the Dividends – $204.78 – That was a HUGE leap compared to last year Seeking after receiving $70 in dividend income in April. Keep up the great work!
Dividend Quest – $805.96 – The decrease is not fun Quest, that’s for sure. Luckily though, it was due to a company switching their payout month. I’d take that since it wasn’t a dividend cut!
I Want Dividend – 471.04 (Euros) – Strong dividend income for the month right there. Nestle was one of the top payers for the month. It must have been nice to receive that annual dividend payment.
Passive Canadian Income – $602.21 – Well holy Bell Canada. That was one heck of a dividend right there. Of course, as you know, we absolutely love that solar income.
Dividend Seedling – $14.52 – 5 companies and your dividends have been safe, thus far! With a few dividend aristocrats in Realty Income (O) and Leggett & Platt (LEG), not to mention Pepsi (PEP), your income stream seems fairly sound.
Dividends Down Under – $859.29 – Over 150%+ growth and you are on fire, big time! In a world of decreasing dividends, you are firing on all cylinders. Keep it up DDU!
My Dividend Dynasty – $596.70 – Medical Properties Trust (MPW) continues to bring a bang to the dividend income totals! An impressive 25% dividend growth as well. Glad we both enjoyed the dividend increases from International Business Machine (IBM) and Procter Gamble (PG). Love it!
Broke Investor – $94.53 – My wife also has Eastman Chemical (EMN) and am happy their dividend continues to stay. Further, I have been adding more Cisco (CSCO), which I see you also own. Congrats BI, you will be making over $100 consistently, no doubt.
Divcome – $235.50 – Another strong growth, almost 61%! Further, we share a lot of names. I see, though, you began acquiring more shares in companies that cut/suspended dividends, such as TJ Maxx (TJX) and Boeing (BA). I am curious on your stance? Is it to buy extremely low and hoping for a comeback? Hoping for the best for you!
A Frugal Family’s Journey – $393.94 – I see that Occidental Petroleum (OXY) pumping you over $100+ still! I am hopeful in the next 12-18 months, their dividend may have a chance to creep back. It all depends on that oil price. Keep paying that mortgage and adding more to your forward dividend income!
Kody’s Dividend – $49.52 – Almost $50! I didn’t realize how high/significant the fees are for the Robinhood Gold & margin account. Looking forward to your continued clean-up and de-leveraging of your balance sheet! Keep making money moves.
Get Rich Brothers – $691.94 – Nice job and creating growth, regardless of the pandemic going on right now. Further, I am slowly building cash reserves right now, as well, to be ready for additional opportunities as they arise. Be prepared for Q2 results, no doubt.
Passive Income Pursuit – $598.70 – Way to be JC! Tobacco and Coca-Cola led the way for you in April. Seeing that large dividend from Cisco was very nice as well!
Divhut – $1,082.03 – Keith delivers another stellar month. Not only was he a member of the four digit club, but he also grew his dividend income 56.2% compared to last year. That’s a SICK dividend growth rate on a high base.
My Road to Wealth and Freedom – $2,526.10 – The Canadian Banks flexed their muscle again. Bank of Nova Scotia covered nearly half of MRWF’s dividend income for the month. The massive Canadian banks are great dividend cash cows!
Time in the Market – $212.90 – Love that TITM highlights the fact that reinvested dividends will add $6.37 to his forward dividend income. It is a key part of the process to highlight and it demonstrates the true power of dividend reinvesting.
Dividend Drive – $840.48 – One of the most fun, data driven income summaries out there. Rather than show a traditional article, Drive has an interactive page that shows the full financial picture.
Dividend Growth Journey – $283.80 – Altria appears to be the big winner here for dividend stocks. DGJ, like so many other bloggers, had a HUGE dividend from Altria in April. Also – enjoy those big dividend increases.
DesiDividend – $440.74 – Desi continues to demonstrate strong growth each month. The purchases and reinvestment are really starting to take hold.
All About the Dividends – $755.16 – Sure, it may look like Matthew’s dividend income decreased compared to last year. But when you remove that huge 2019 special dividend from the equation, he actually posted a strong 25% YOY increase.
Money Maaster – $1,034.62 – Jordan put together a “maasterful” month of dividend income, entering the four digit club in an “off” month. He had a lot of other exciting portfolio news as well.
Investing Pursuits – $609.48 – Investing Pursuits, like so many others, received huge dividend payments from the Canadian Banks. You bet that we loved seeing Canadian Imperial as your highest dividend paying stock this month.
Dividend Income Stocks – $407.79 – German’s dividend income and passive income stream are growing, slowly but surely. Fundamental dividend investing at its finest!
Dividend Growth Engine – 6.77 (Euros) – Unfortunately, the bad news outweighed the good for DGE in April. DGE’s dividend income decreased significantly compared to last year due to dividend cuts.
Dividend Cultivator – $1,084.94 – Short and to the point. Only 7 companies paid Cultivator over $1,000 in dividends in April. That’s a nice average per company DC!
Tawcan – $2,546.86 – Another all time record for Bob. Honestly, we are starting to sound like broken records each month here. He continues to CRUSH it and grow his income at an impressive rate.
Dividend Dozer – $105.46 – Excellent month Dozer. Crossing $100 is huge. You received dividends from a very solid staple of dividend growth stocks this month. Enjoy those dividend increases as well.
Reverse the Crush – $28.67 – Despite the dividend cut, RTC delivered another solid month and is building a very solid foundation of dividend stocks! Keep it moving RTC.
Chicken Wizard – $1,149.49 – What a month from CW, topping $1,000 by a healthy margin. That’s how you deliver in an “off” month my friend. You may want to say WHF a nice thank you note for that healthy dividend.
Capturnado Dividends – $907.99 – Now that is a dividend increase right there. Congrats on seeing your dividend income increase 101% compared to last year. Imagine having that growth rate each month!
Compounding Norseman – $58 (593 NOK) – This was the first ever dividend report we have included that had a currency of Norwegian Kroner! But the Norseman delivered and received a very solid dividend from a high yield ETF.
Dividend Earner – $1,755 – Earner claimed there was “nothing exciting about the month.” But we couldn’t disagree more here. Earner crushed it in April and continues to deliver quality dividend income months.
Fiscal Voyage – $666.90 – We always state it. Dividend income is just a part of Felix’s passive income report. He owns a rental that is always producing a nice stream of cash flow to compliment his dividend income.
Dividend Pig – $1,024.43 – A new personal record for Dividend Pig! There are a lot of great news items and updates in Pig’s dividend income and net worth report. It is worth stopping by and checking out!
The Dividend SWAN – $137.62 – Dividend SWAN had a nice, diversified dividend income stream in the month of April. 21 companies paid SWAN a cut of their earnings. That diversification should help minimize the impact of any potential dividend cuts received.
The Dividend Guy Blog – $73.62 – I know the frustrating times when you don’t have as many companies paying dividends in a given month, but I’m here to say it’s okay! It won’t be long until even crossing 3 digits isn’t even a thing for you. Keep going DGB.
My Financial Shape – $1,781 – HOLY SMOKES! WOW. Almost $2k is unreal at April! That Nestle dividend is no joke. Like that you have many others sprinkled in there. Freedom awaits you, my friend.
Mr. Tako Escapes – $706.18 – Coming in strong, in an off month for you. You definitely carry BIG weight on the quarter-ends, but I know majority of us would KILL for over $700! Nice job Mr. T!
Total: 41 Bloggers Received $31,427.78 in Dividends in April (depending on the exchange rate used at the time of the calculation).
The community averaged $766.53 in dividend income this month! We have two more added to this article, than last month, love the improvement there. Similarly, since we are still going through the Pandemic, we thought we could share our articles that relate to weathering the storm still, including the coronavirus dividend cuts Lanny has received to the list:
- 4 Strategies to Weather this Pandemic
- Industries Built for the Coronavirus and Dividend Investors
- Lanny’s Coronavirus Dividend Stock Watch List
- Dividend Aristocrats with Low Debt
- Global Pandemic Dividend Cuts
Where do we go from here? That’s easy. Let’s keep pushing to make EVERY DOLLAR COUNT. As the Stay at Home Orders are being lifted, make sure you are ready to make investment opportunities as they arise and clarity comes to businesses financial statements.
If you have read the above articles and you’re still short on ways to accomplish this…don’t worry, we have you covered. If you’re looking to reduce expenses, find new ways to save from Lanny’s 5 ways to save $500 TODAY. Want to turn receipts into cash or earn stock with each purchase, look at the various apps on our financial freedom products page.
Now, take your savings and find undervalued, dividend stocks to invest in. Keep that dividend income stream growing. If you’re just looking to casually see what stocks we own, we openly share our dividend portfolios.
Stay focused, hungry and consistent out there.
Lanny and Bert, The Dividend Diplomats