April 2018 Dividend Income

May 1, 2018

Dividend Income 14

They say April showers bring May flowers. I don’t know about showers or flowers, but April did bring a nice shower of dividend income. April also brought some nice dividend increases which will sprout into some nice May flowers. So, I guess in a way it works the same way lol. If you noticed, I have a new badge on my sidebar. I am ranked number 67 on Feedspot’s Top 100 Dividend Blogs and Websites for Investors! That’s cool I made the list with so many of the other great websites and members of the DGI community! Very excited about that! So now, without further ado, for the month of April 2018 I received $447.67 in dividends from four (4) companies!

Medical Properties Trust (MPW) – $225.00
Starwood Property Trust (STWD) – $103.20
Realty Income Corp (O) – $41.27
GlaxoSmithKline (GSK) – $78.20

April 2018 Dividend Income Total: $447.67

The is the most I have ever received for a quarter starting month. This month shows a 15.6% year over year increase compared with last year when April 2017 paid me $387.14 in dividend income. I have noticed that, with the exception of GSK, these first quarter months are really REIT heavy for me. Much more than any other month set. The plus side is, those are some really great names in the REIT community and they provide some great dividends.

Next up comes the dividend increases (and one decrease). GSK had decreased its dividend for next quarter. Last quarter, GSK had declared a much higher dividend which contributed nicely to this month’s dividend income. The previous dividend of $0.6467 per share has been cut to $0.5248 per share. This decreased my forward annual dividend income from GSK from $304.08 to $251.90. That is a decrease of $51.18. There is nothing shocking about this as GSK’s dividend is always different each quarter. Every quarter they declare a different dividend, sometimes higher and sometimes lower.

Luckily, other stocks stepped up with their own dividend increases that more then covered any decreases from GSK (or alternatively, even maximize GSK’s increases on good quarters). First up is PG which increased its dividend 4% to $0.7172 per share. This increased my yearly income from PG: $68.95 to $71.72 for a $2.77 increase. Next, SO raised their dividend to $0.60 per share which increased my annual income from SO: $470.96 to $487.20 for a $16.24 increase.

Then IBM raised their dividend to $1.57 per share which increased my yearly income from IBM: $578.95 to $605.96 for a $27.01 increase. Some consider this a weak dividend increase from IBM. Well, weak or not I will happily take it! Finally, there was SRLP which raised their dividend to $0.6525 per share. This 2% increase raised my yearly income from SRLP: $1,466.25 to $1,500.75 for a $34.50 increase. SRLP has become the top dividend powerhouse in my portfolio; 16 consecutive quarters of dividend increases with expected dividend increases of $0.015 per share from now to throughout 2019!

Taken altogether, the total amount of dividend increases I received adds up to $80.52. Minus the dividend decrease from GSK ($51.18) I have a net gain of $29.34. After this month, my portfolio now stands to generate $8,797.95 in forward dividend income over the next 12 months. So how about the rest of you? How did you do this month? Break any records? Let me know in the comments below! 🙂

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14 comments

passivecanadianincomeMay 2, 2018 10:11 pm

wow nice dynasty

First off congrats on the income, always nice setting new records! 4 companies too wtf…. dam gsk would drive me nuts being all over the place with their dividend’s. That makes it so hard to track.

Congrats on all those dividend raises, thats huge. I got the pg and ibm, Ill gladly take em.

keep it up
cheers

My Dividend DynastyMay 3, 2018 5:04 pm

Thanks PCI! Yeah, I have to recalculate every quarter when GSK changes its dividend. But I still loving collecting those dividends lol. Thanks for stopping by! 😀

Mr. RobotMay 4, 2018 12:20 pm

I didn’t ev6know about the IBM increase! I find it hard to keep track of the increases. Is there like one single source I can look at?

Awesome results again MDD! I had a record month myself with my highest dividend received ever at €20,70!

My Dividend DynastyMay 4, 2018 8:14 pm

Hi Mr. Robot. Yeah, I hear you. Since I have purchased more stocks over the past year and a half I have had to become even more diligent to track these dividend increases, lol. I take that as a good sign. 🙂 Thanks and Congrats on your record month! Keep up the great work! 😀

DividendSolutionsMay 5, 2018 4:30 am

Hey DD,

congrats on these great numbers! – 447$ for April is awesome and the yoy increase of 15,6% is rock solid. I like the companies that paid you, although i don’t know Medical Properties Trust…i will have a closer look. I was about to purchase GSK but in the last second decided against it and went with the Swiss Pharma giant Roche.
Since i own some shares of SO and IBM too, i liked the dividend increases a lot. IBM is in a transition phase and the raise is not spectacular, but solid. Absolutely ok for me.

My dividend income for April was 200$ with a yoy increase of 136%, really happy with that;-)

Keep it up!
DividendSolutions

My Dividend DynastyMay 6, 2018 5:19 pm

Thanks Dividend Solutions! MPW is an healthcare REIT whose facilities are primarily hospitals. This stock is a heavy dividend hitter for me. 🙂 Congrats on your great month as well! Great YOY growth! Keep it up! 🙂

timeinthemarketMay 5, 2018 7:11 am

Nice work – 15% y/y is pretty sweet. How do you feel about Buffet selling all his IBM. Does that impact your thought about the stock in any way?

My Dividend DynastyMay 6, 2018 5:22 pm

Thanks Time in the Market! Buffets sale really doesn’t impact me a great deal. I still plan on holding IBM for a long time. If the price trades low enough I may consider buying more in the future. IBM was one of two stocks I have held since I was 6 years old when my grandfather opened an account for me back in 1993. It has served my well the past 24 years and I believe it will serve me well the next 24 years. After that, I guess we will see. 🙂

Engineering DividendsMay 7, 2018 12:05 am

Terrific results for April, MDD! Love the solid YoY dividend growth, and was happy to see the net gain in forward dividend income, with the raises overcoming the one reduction. Congrats on the new badge as well!

My Dividend DynastyMay 7, 2018 7:58 am

Thanks Engineering Dividends! 😀

Dividend DazeMay 10, 2018 12:45 pm

Congrats all around. Glad you made the list to get the badge. I have it as well, but just wish they would updated the list from time to time. I see a few dormant blogs on there and the social media accounts are way off. It shows me only having 1k twitter followers which was a long ways ago. But still cool to have your blog recognized. Keep up the good work on the blogging and investing fronts!

My Dividend DynastyMay 12, 2018 8:13 pm

Thanks Daze! I hear you, it would be nice to see regular updates. But it is great to be on the list and have the badge. 🙂 Thanks for stopping by! 😀

Dividend PortfolioMay 12, 2018 5:09 am

Congrats on the double digit growth from last year Dynasty and on getting on the top 100 blogs. It’s a great feeling knowing that you made the list when there are so many other great bloggers out there.

My Dividend DynastyMay 12, 2018 8:14 pm

Thanks DP! I am very happy to be in the top 100 and have the badge. I am glad to be part of the great DGI community! 🙂

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