Winter is finally over! April is one of my favourite months, you can finally spend more time outside, patios start re-opening and overall my mood seems to improve. This might have something to do with not having to shovel a huge driveway. Getting more fresh air and sun definitely helps people like me who get cabin fever in the winter.
April was a solid month overall, my dividend income was just one penny short of my annual total in 2015. This is very encouraging as it is yet another demonstration of the growth potential of re-investing dividends in further growth of the portfolio.
The main indices I follow were mostly flat through the month with some slight gains posted at the end of the month: S&P 1.1%, NASDAQ 2.2%, and TSX 1.0%. I did finally make another move in April, more on that in a separate post.
My dividend income this month reached $21.35. This was so close to beating my entire 2015 total, the year I started my DGI journey. While just over $20 doesn’t seem like a lot, it is 29% higher than the month’s total last year. Now that is some nice growth!
April 2018 Dividends Received
VUS $1.19
KO $4.57
VTI $1.93
ZFM $0.21
BNS $6.56
CGX $0.56
TD $6.03
XSH $0.30
Total: $21.35
Most of the holdings in my Niche Fund pay quarterly dividends so some months will have more income reflected than others. From now on, I’ll include dividends received from my ETF holdings in addition to my dividend stock holdings. This should provide a more interesting roundup each month, especially as the ETF holdings pay more consistently than some of my stocks.
My Dividend Income page has a calendar showing when I expect to receive dividends from each of my stock holdings.
The featured image for this post is a spring shot of Lansdowne in Ottawa. Looks like some landscaping is required to fill in holes from the extra bleachers.
How did your April dividend income shape up? Make any stock purchases this month?
Thanks for stopping by.
What a nice YoY growth rate. You’re really making some progress here!
Our April income has been increasing as well. Although we haven‘t been very active on the investing side lately, our income more than doubled last month compared to 2017.
At the moment, we‘re looking at some companies in the Consumer Staples sector. However, according to our own stock screener, most of the stocks we have in mind haven‘t reached our personal buying territory just yet.
Keep up the good work!
– David
LikeLiked by 1 person
Good job the snowball keeps getting bigger. Keep it up
LikeLiked by 1 person
Congrats! zero dollar for me in April. My portfolio is mostly filled with ETFs. So, I get quarterly dividends.
LikeLiked by 1 person