Lanny’s April Dividend Income Summary

1/3 of the way finished with the year.  Only 8 more months to go, NBA playoff basketball is going wild right now and I just returned from a vacation and am about to depart to be in one of my best friends wedding this afternoon.  April was a wild month to push through, but something tells me – I haven’t seen anything yet.  However, enough of hearing me talk about the past and what’s to come, let’s get into the real deal April dividend income summary!

dividend income

Dividend income

This month, I received a total of $410.10, not too bad for an “off” month.  When you look at the names below, nothing truly sticks out, a very “boring” month if you will, right?  In total – 11 companies paid me this month, not too shabby, here are the stats:

LB April Div IncomeThe 2 big bangers were with Philip Morris (PM) and Glaxo Smith Kline (GSK).  GSK had a special dividend and it was a lot more than what I calculated, plus it was a straight cash dividend with no reinvestment, so I was able to use that towards… “something else”.  I then had solid receipts from Total (TOT) and Canadian Imperial (CM).

Similarly, I have split out between the individual stock amounts and the retirement accounts, as the ” – R” indicates a Roth IRA dividend (or the furthest column to the right, I must have left the “R”‘s off this month).  I separate these two, as I like to know what portion of my dividend income is coming from those retirement accounts that I cannot touch until 59.5 (barring any other usage rule I could use).  Here, it shows that I received a total of $31.2 or 7.6% of my income from retirement accounts and the other 92.4% was from my individual taxable account portfolio.  We all know my set it and forget it mentality to keep that retirement income going, but also pumped to see that I had 10 companies pay me in my taxable individual account.  To see my portfolio – one can go to our portfolio summary page.

Comparison

Something that I like to do now is attach in prior year’s dividend income, which the image is copied in below, with 2015 first and 2016 to follow.

2015: April Dividends Screen

2016: LB April Div Income

To begin, I had exactly the SAME companies in April of 2015’s income summary.  This has to be the first time this ever had occurred.  Truly fun seeing this one, as it really propels you to look at the totals each has given you, to see if they increased AND if it was off purely dividend reinvestment and dividend growth (Outside of DOW Chemical).  The $5.21 growth from Philip Morris (PM) was primarily reinvestment, as their dividend growth in 2015 was extremely low.  Year over year (YOY), my income grew by 31% from dividends received – always a pleasure having that large of an increase, thank you all again.  I honestly think a repeat of this increase is doable to slide into 2017.  That would only represent a jump from $410 to $535.  

Dividend income increases

April Div Incr

Even though I recently wrote about this in my Notable April Dividend Increases article and Bert made a mention in his April dividend income post, these were the 3 big dividend increases experienced in April.  Procter (PG) disappointed, as they need to have earnings on track to support a better increase, however Johnson & Johnson (JNJ) was extremely stable and, as expected, a smaller dividend increase from IBM.  All good here and an additional $17.81 is happy as heck by me.  To receive that sort of income going forward, one would have to invest at a 3.5% yield an amount of $509, thank you dividend growth : )

Conclusion & Summary

As I discussed back then with my normal monthly expenditures at the moment, this $410 would cover 44% of my average $942 monthly expense for my house, including utilities.  This % is dramatically higher than last year (last year = 33%).  All of the investing from last year and moves this year, show being frugal to save 60% of my income help me in achieving lofty goals that I set in place for my 2016 year.  What do you guys think of my month of April?  Seeing nice YOY growth or did you sell off a few companies that typically pay this month?  See anything off or something I should be on the look out for?  How did ya’ll do?  Always an exciting post to read from others.  Please share your insight and comments and thank YOU again for stopping by!

-Lanny

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29 thoughts on “Lanny’s April Dividend Income Summary

  1. Keep it up Lanny! Every month, it keeps getting better and better. You guys are doing awesome for being so young. Congrats. You’re setting yourself up for a bright and prosperous future. I’m happy for you bud.
    Have fun at buddy’s wedding; good times.
    Thanks for sharing and take care. Cheers!

    • Hustler,

      Thank you very much, means a great deal my man! It’ll be even better when the Cavs keep their rally going, NEED THAT! Haha. Still a ways until I get to your level, but I’ll be happy to reflect back on these days when I do!

      -Lanny

    • TiMB,

      Thanks for the post – consistent 100%+ would be nice, because then… well, we all know what that essentially “can” mean, and it will be a great day once that starts happening, cannot wait. Thank you for the kind words and keep it up!

      -Lanny

  2. Great month Lanny! Incredible how dividend income alone pays for almost 50% of your housing expenses. I recently started my dividend investment plan with 10 stocks so no income yet but I am projecting to have $150 of annual income and hopefully raise that to $200 in the coming weeks. Enjoy your buddy’s birthday and thanks for sharing. You and Bert have taught me a lot in a short amount of time.

    • Stefan,

      Thank you very much. What I should do at the mid-point this year, is reanalyze my monthly expenses and see where they stand now. Think you’d be interest in that?

      That’s amazing!! $150/year going forward when you just start is awesome and is definitely hard to do. Whatever questions you may have – let us know and we can/will do our best to help!

      -Lanny

      • Think that will be a great idea Lanny. Will be interesting to see your monthly expenses as well as how much your dividends contribute to these expenses.

        I will reach out for help if needed. Thanks!

  3. That’s cool that you had a significant YOY increase but still only received dividends fr the same companies. That’s growth for you! It’s been pretty busy for us here with two kids. But like you said, things will pass.

    Keep up the great work Lanny.

    • IH,

      Thank you, very much – cannot wait for June. I am wondering if the 4 digit mark will be crossed again – let’s all build towards bigger months, play it smart and stay consistent. We got this!!

      -Lanny

  4. Nice dude! You’re making dividends sexy. $410 is outstanding.

    Income Reports are always an exciting time for us and it looks like you’re killing it. Keep up the awesome work of your “set it and forget it” philosophy. HA! Love it. =)

    • Wallet Squirrel,

      Thank you over there! I remember that slogan from a late night infomercial, and had to use it/tried to see if it could apply to investing and the shock factor – it does! Let’s keep adding to our portfolios with our fundamental plans, and achieve our goals, the only way we know how.

      -Lanny

  5. Having 44% of your housing expenses paid for is awesome, especially since you don’t even need lift a finger!
    Congrats on a great month Lanny – looking forward to May’s report!
    Best wishes,
    -DL

    • DivLife,

      Very fortunate, very fortunate! Each month so far this year has been the best performance in that month that I’ve had, which makes sense and would expect that – aka – May will be the same, what’s fun is when we have multiple years to look back on – then you will see the journey coming to life. I love it! Thanks DL, talk soon.

      -Lanny

    • Captain,

      Agreed – though there was no reinvested – if it’s a monster/bigger dividend that I could use to make a purchase? I’ll take it eh? Thanks for stopping by – we’ll have to see the next form of GSK’s payout in a quarter.

      -Lanny

  6. Congrats on another good month Lanny. April for us was boring too, but that was a good thing.
    Your up to 44% for the monthly expenses, nice work!

    • CF,

      Boring can be good as we both said. Wouldn’t it be nice if there was a “1” in front of the “4”? haha – at that point, I think my posts would be a lot more about me leaving the hand cuffed 8 to 5+ world.. Let’s keep the boring up!

      -Lanny

  7. Great stuff – I love the consistency of your dividend stream!
    Since I am heavily invested in European companies, my dividend income is a bit lumpy as dividends are usually paid once a year.
    And hey – saving 60% of your income would be a great achievement. While my savings rate is not too bad, I hate to admit it is far away from yours and well below 50%…

    • Finanzr,

      No worries and I understand your European companies – getting them once or twice a year, and for us owning ADR’s – can be all over the place depending on that exchange rate! Keep the savings up and do what you can, obviously 2 things at play – your income and expenses! Keep us posted.

      -Lanny

  8. Great job for the month of April. Nice year over year increase and as you mentioned your income covers a good chunk of your monthly expenses. Just imagine when you can cover 70% or 80% of your monthly expenses. That day job starts to look less and less crucial 🙂 Always inspiring and fun to read. Look forward to the monthly dividend income round up to see how our community has been doing.

    • DivHut,

      Thank you, thank you! Of course – I cannot wait until I can peek at the day job and say – “what”? Haha, and know then, the options and doors became a little more open. Excited to post our monthly article to showcase our successes. One thing I realize I forget to do is really look at what has happened and tell myself “nice job”, do you ever do that? I think seeing our own successes and sacrifices become a bit overlooked! Thanks for stopping by, lets keep the train on the tracks.

      -Lanny

  9. Nearly $100 in additional dividends on a year-over-year basis. That’s pretty impressive to say the least. As compounding takes place, this should snowball into even bigger amounts without even taking additional investments into account.

    • Chris,

      You got that right. If $100 was this year, I’d be safe to say $125 easy next year, if not more, like I said – mid $500’s this time next year, if not – I’ll have to go back into time and kick my own ass, right? haha

      -Lanny

    • DDU,

      Thank you very much – millionaire you think, eh? No doubt in my mind time would take care of that. Matter of when, right? haha, I don’t even need a million, I’d be okay with roughly $600-$700K : )

      -Lanny

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