Not long ago the days were cold and the nights even colder. Now that April has arrived, the weather warmed up and being outside is a much more pleasant experience. Another pleasant experience was seeing that my Dividend Portfolio closed up for the month! After a few red months, just seeing green makes me feel much better.
Let’s go ahead and dive in and see what happened with the portfolio for April 2018!
- $140.37 in dividends
- Added $3,400 to dividend portfolio cash
- Added $225.63 to my annual income.
As usual, I automatically pull out $200 per paycheck with automatic deposit and at the end of the month I throw whatever is left into the account. I also decided to add an additional $3k into the account.
$200 + $200 +$3,000 = +$3,400
Here are the companies that paid me dividends this month:
Using Google Docs, I keep a running spreadsheet of how much dividend income I receive every month. I think it’s important to realize the growth of your passive income over time. In April 2017, I received $103.23 in dividend income. If we do the math, that means my April dividend income has increased +36% compared to the previous year.
Monthly Total: +$140.37
I bought quite a few things this month.
- 30 shares of ENB@ $30.90
Enbridge is a Canadian energy transportation and distribution company. They have been paying yearly increasing dividends for the last 22 years and currently sit at a yield of 6.8%. Their 3 YR DGR currently sits over 13%. This adds roughly +$62.40 to my annual income.
- 18 shares of MO @ 61.30
Altria continues to get hammered and has even dipped substantially since I originally purchased it. It sits at over 5% yield with an 8% DGR. I potentially may buy more. This adds +$50.40 to my annual income.
- 10 shares of PG @ $75.15
This dividend juggernaut needs no introduction. It’s been paying increasing dividends for the last 61 years and currently sits at a 4% yield. It’s been taking a hit recently so I’ve been taking the opportunity to add more shares. I potentially may buy more at these prices. This adds +$28.70 to my annual income.
- 9 shares of CAH @ $62.35
Still buying more on the drop. This adds +$16.65 to my annual income.
- 20 shares of MO @ $56.15
Dropped a lot, so I bought more later in the month. This adds +$56.00 to my annual income.
- 4 shares of PG @ $72.25
This adds +$11.48 to my annual income.
Total = +225.63 to my annual income
In the month of April, I continued to grow my dividend portfolio with good companies. It seems like the market keeps hitting the stocks that I’m buying, so I continue to nibble them on the way down. I should wait but I guess I’m glutton for punishment. Until next time!
Thanks again for reading my Dividend Portfolio Update for April 2018!