Monthly Dividend Income: April 2014

My favorite post to write each month. 🙂 This is when I get to share all my dividend income for the previous month. These dividends are what I’ll eventually use to live off of when I become financially independent.

Here is April’s dividend income from my 3 stock investment accounts: Roth IRA, Loyal3, and Taxable Brokerage. I automatically reinvest all dividends in my Roth and selectively reinvest dividends in my other accounts.

Roth IRA

Coca-Cola (KO): $4.33-reinvested into .111 shares @ $38.79 per share.

Realty Income (O): $2.81-reinvested into .067 shares @ $41.67 per share.

General Electric (GE): $5.81-reinvested into .217 shares @ $26.77 per share.

Loyal3

Coca-Cola (KO): $4.56

Taxable Brokerage

Wal-Mart (WMT): $0.96

Altria (MO): $3.36

Philip Morris (PM): $5.64

Realty Income (O): $19.89

General Electric (GE): $1.76

April Total: $49.12. Not nearly as much as last month but still a huge improvement over the $5.85 I received last April. With 1/3 of the year down I’ve received $220.24 which puts me behind in reaching my goal of $1000 this year. I guess I underestimated how much I was going to be able to increase my dividend total this year, huh? 😉 Oh, well, as long as I am making progress.

 

Full Disclosure: I am long KO, O, GE, WMT, MO, and PM. This post is not intended to be a buy or sell recommendation on any stock mentioned and is designed to be used for educational/entertainment purposes only. Only you are responsible for your investing and I always encourage you to conduct your own research prior to investing. Please see my disclaimer page for more information.

How was your April for dividend income? Do you have any dividend income goals you are trying to reach this year?

 

13 comments

    1. Thanks R2R. I definitely have my work cut out for me but if I don’t reach it this year, I’m pretty confident I’ll be able to reach that mark next year.

      Best wishes,
      SFZ

  1. Its also $49 more dollars than you would have otherwise received if you never starting investing at all!

    Little amounts over time can snowball into bigger amounts. keep going strong!

    Long Term Brian

    1. Absolutely Brian, getting small amounts is better than nothing at all if I never started and should only grow from here with reinvesting and adding new capital. I’ll keep going strong and keep that snowball rolling.

      Thanks for commenting,
      SFZ

    1. Thanks for the support Jason! After the last few months I thought this was fairly poor month but then after looking at my statements from last April it definitely put it in perspective and shows that I’m doing something right, just got to stick with it.

      Best wishes,
      SFZ

  2. Congrats on a great month! I like watching your progress because I’m a little bit behind you and it’s like looking into the future! I’m approaching my first Yoy stat in a few months, and it will look very similar to yours here. You’re seriously killing it!!!

    Have a great week! 🙂

    1. Thanks Ryan. You’re doing awesome work as well man, with your contribution goal you’ll be passing me in no time. 🙂 Look forward to your YoY stats, it’s amazing how quickly you can increase your dividend income with regular contributions.

      Same to you, best wishes,
      SFZ

  3. Good job on a good April. My April dividend income was much lower but did beat the same month for 2013. Loyal3 is going to quickly increase both our dividend income – there is also another no commission brokerage coming soon called RobinHood that Google is invested in. Don’t know when it will go live though.

    Keep up the great work!

    1. Thanks Gareth. As long as you’re making progress year over year, that’s all that counts man. I really like Loyal3, I think I’m going to be using it as my primary brokerage as long as KO and TGT remain in fair value range this year. I’d like to initiate a position in Disney and a few others as well at some point.

      I haven’t heard about Robinhood, Seems like Google is building quite a very diversified online business if they’re getting into the brokerage business. Too bad they don’t pay a dividend. 😉 I’ll have to look into it. Anybody that is offering free commissions is definitely worth looking into to, thanks for the info.

      Best wishes,
      SFZ

  4. SFZ,

    You are making lot of progress right there! I remember when I started way back in 2011 and received a paltry sum of dividends, which was sort of dampener. But, in few years you will see the dividends pipeline.

    Keep it going!

    Best wishes.

    1. Thanks for the support PIM!

      I think that’s the hardest part about executing a dividend growth strategy, being able to tough it out through the early days of small dividend checks. But like you mention, after a few years things should really start to get going. 🙂

      Best wishes,
      SFZ

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