Bert’s April Dividend Income Summary

Another month bites the dust!  2016 is officially 33% over everyone!   The market began showing signs of weakness  towards the tail end of the month and it seems like every dividend investor had a collective sigh of relief.  There were two stocks that I have been big fans of for a while that finally had a nice pullback, so they earned a spot on my Watch List.  The don’t have the highest yield, but they are all star companies in their industry.  Let’s hope the slide continues for Visa and Starbucks.   Back to business, now that I have received my final April dividend income summary.

dividend income

April Dividend Income SUmmary

This month, I received $154.90 in dividend income, which is a 27.74% increase from April 2016!  The chart below shows the details.

April Dividend Income

We love “boring” and this month was particularly boring.  I didn’t receive dividends from any new companies. The growth highlighted in the chart above was attributed to an annual dividend increases and the power of dividend re-investing for all but one company.  That one company, GlaxoSmithKline, issued a one-time special cash dividend.   While I usually DRIP my dividends, it was a nice treat being able to use the cash to make a purchase.  Oh wait, I haven’t told you all about the purchase yet.  Don’t worry, there will be a Buy article soon enough.   Personally, I love watching the drama in the pharm industry now that I own two of the industry’s major players (I purchased Pfizer earlier in the year).   I’m just waiting for the next shoe to fall now that the Pfizer-Allergan merger was called off; my gut tells me that Pfizer isn’t going to stop hunting for an acquisition.  But only time will tell here.

DIVIDEND INCREASES & STOCK PURCHASES

In the last section, I mentioned that I purchased a mystery stock.  So in total, I purchased one new company during the month that added a pretty sizable chunk of forward dividend income to my portfolio.   You will all know soon enough!   Now for the dividend increases.  You know what’s nice about having two people on this website, sometimes the other person does all of the work for you.  On Friday, Lanny published an article about recent dividend increases from a few companies in his portfolio.  Guess what, those were the only three companies in my portfolio that announced dividend increases in April!   In total, the PG, IBM, and JNJ dividend increase announcements increased my annual dividend income by $.81, $5.15 , and $3.52, respectively.  PG is a tough case and I’l be honest, I was expecting a little more from them.  However, I would rather the company announces a small increase like they did than increase their dividend to an unsustainable payout ratio and sacrifice the long-term safety of the dividend.  With that being said, something has got to give with their meager earnings growth.

Summary

Boring = Good.  April was a fundamental dividend investing month.  Own great companies and they will find ways to reward shareholders over the long run.  I’m very happy with a 27.74% dividend growth rate for the month and my year of progress continues.   Now that the market has pulled back a little, it is time to get serious about finding discounts and investing.  There is still time to capture a June dividend income if I can time a purchase correctly.  Let’s see if the timing and the prices are right.

Did you have a nice month of April?  Did anyone else benefit from the GSK special dividend?  What are your thoughts about the PG dividend increase?   What companies of yours announced a dividend increase during the month and how much did you benefit from them?

-Bert

 

-Bert

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28 thoughts on “Bert’s April Dividend Income Summary

    • Yes it was. Don’t you wish we could receive special dividends from them every quarter haha I’m assuming you are a fellow shareholder as well? How was your month?

      Thanks for stopping by!

      Bert

  1. Thanks for sharing Bert. Congrats on the income and great progress bud.
    It’s always such a “High” seeing the dividends roll in. One of life’s pleasures now.. 🙂
    Keep hustling hard and can’t wait to read what you bought. Cheers!

    • HUSTLER!

      Thank you very much. I love this game and I love being a part of this journey that all of us embarked on. Nothing is better to me than logging into my account and seeing some fractional shares added to my portfolio from dividend income.

      You’ll know son enough. I had to try and keep all of you waiting in suspense after all haha

      Bert

  2. Boring is stability, boring is predictability and as you already know, boring pays. As long as those dividends continue to roll in and you can post some impressive year over year results you know you are headed in the right direction. I like many of the companies paying you in April. Looking forward to some better value/yield buys in May.

    • Divhut,

      Couldn’t agree more. We set ourselves in the best position possible to make sure the dividend checks continue to roll in. It isn’t guaranteed, but what in life really is? Let’s hope the market presents us with some great opportunities in May and we can really get the dividend snowball rolling.

      Have a great Sunday!

      Bert

  3. Boring = great dividend stock! Congrats on your 27%+ year over year that is pretty amazing. Looking forward to this mystery stock of yours!

    • I love boring here! Thank you very much. I’m getting excited to write the article and share it with all of you. It is a stock that has gotten some facetime on our blog before.

      Have a great weekend!

      Bert

  4. One of the slower months for me too, but one thing is for sure, the compounding machine will forever turn.

    Would love to pick up some GSK and DEO into my portfolio.

    Take care.

    • Dividend Vet,

      I love the compounding machine. It is what drives me and motivates me to keep going. The power of dividend investing is real and the long term benefits are too appetizing for me to ignore. Have you checked out PFE? I picked some up earlier in the year. The yield is lower, but the payout ratio is much more manageable than GSK.

      Take care and thanks for stopping by!

      Bert

  5. Hi Bert,

    Boring does mean good when it comes to dividend investing. Solid growth at over 25%. You’re totally killing it. The snowball is definitely rolling down faster and getting bigger for you.

    • Tawcan,

      Thank you very much. It is nuts how fast the snowball starts to pick up speed. It seems like just yesterday that three figure monthly dividend income seemed a mile away. Now is when the fun truly begins!

      Bert

  6. Boring is beautiful when it comes to investing. Slight increases over time add up to massive amounts of money. Compound interest is supposedly the eighth wonder of the world according. At this rate of growth, your income should double in about 3 years.

    • Chris,

      It is most definitely the 8th wonder of the world. It should actually knock out the 7th wonder if you ask me (kidding!). I doubt this growth rate will be sustainable, the law of averages says it won’t. But for now, I’ll take every percent I can get to get my dividend snowball rolling. Man, how many cliches did I just fit into this response 🙂

      Thanks for stopping by!

      Bert

  7. Ha, boring seems to be trend this month. Nice to see another boring, but solid, yoy dividend increase 😉
    Our dividend income is also slated to be boring, as was our savings rate and the increase in the Cheesy Index.
    Never thought we would say that we like boring 😉

    • Team CF,

      Here is when boring is bad: when you are at a live sporting event, a movie, a play, work, a book, etc. You know what wasn’t on that list…DIVIDEND INVESTING! Glad to see the cheese index is sliding north. Can’t wait to stop by and check out your progress report.

      Bert

  8. Hey Bert,

    I’m happy to read about another investor who likes boring. Funny enough, when it’s boring, it’s exciting! This means everything runs smoothly and the plan keeps generating dividend. Still, human nature is always looking for some hype! hahaha!

    Cheers,

    Mike

    • hahaha exactly. KMI must have missed the memo a while ago about being boring. But you are right, it is nice when these companies can operate on autopilot in our portfolio and we don’t have to spend nights thinking about whether or not we need to act.

      I got my hype fill over the last weekend watching the NFL Draft. Talk about an event that is all about the hype and promotion of their product…

      Bert

  9. Congrats, 27% dividend growth rate is awesome sauce! Looking forward to the purchase post. Just gotta keep the course and before you know it, a few years will have passed and income doubled.

    • Thanks Mr. SLM! Dividend investing may be a long term game, but what is funny is how the results sneak up on you in the short term. It is motivating as heck and pushes me to keep on moving forward and investing as much has possible NOW so I can get as much income as possible!

      Bert

  10. Hi Bert,
    Awesome results this month – special dividends are always a nice surprise and it’s great watching your numbers climb higher! Keep it up!
    PG’s increase seemed to be just a token to avoid breaking their history, not really the best reason to increase the dividend. I trust that the restructuring will help streamline and re-focus the company though.
    Best wishes,
    -DL

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