Dividend Income Update: April 2018

It's dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolios.

Without rehashing the wild ride we experienced in the market last month, I could find comfort in one thing, my dividends. As we all know, the market may move up and down irrationally and seemingly on a whim while our dividends remain much more stable, reliable and predictable. Sure, dividends may not increase every year and a cut or elimination is even possible but the odds are greatly reduced when you diversify among different companies and sectors and focus on dividend quality (free cash flow, EPS and payout ratios). Forget chasing the high yield unicorns and focus on the boring lower yielding but sustainable dividends. In the long run, you'll be better off. With that being said, let's take a look at my April 2018 dividend totals.

Brokerage Account

Year to date dividends: $1,675.96

Date	Description	Symbol	Amount
04/02/2018	DIVIDEND:KO	KO	$48.92
04/02/2018	DIVIDEND:BDX	BDX	$17.23
04/02/2018	DIVIDEND:PEP	PEP	$20.63
04/02/2018	DIVIDEND:IR	IR	$40.10
04/03/2018	DIVIDEND:KMB	KMB	$44.17
04/10/2018	DIVIDEND:ITW	ITW	$45.09
04/11/2018	DIVIDEND:PM	PM	$42.73
04/11/2018	DIVIDEND:DEO	DEO	$61.01
04/12/2018	DIVIDEND:MDLZ	MDLZ	$7.19
04/13/2018	DIVIDEND:JCI	JCI	$30.39
04/16/2018	DIVIDEND:CAH	CAH	$19.61
04/20/2018	DIVIDEND:CB	CB	$6.57
04/25/2018	DIVIDEND:GE	GE	$36.67
			Total: $420.31

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ROTH Account

Year to date dividends: $672.53

Date	Description	Symbol	Amount
04/02/2018	DIVIDEND:KO	KO	$12.18
04/02/2018	DIVIDEND:PEP	PEP	$12.95
04/03/2018	DIVIDEND:KMB	KMB	$7.55
04/11/2018	DIVIDEND:PM	PM	$8.20
04/12/2018	DIVIDEND:MDLZ	MDLZ	$9.70
04/27/2018	DIVIDEND:BNS	BNS	$100.67
			Total: $151.25

Click to enlarge

IRA Account

Year to date dividends: $277.95

Date	Description	Symbol	Amount
04/02/2018	DIVIDEND:LTC	LTC	$5.69
04/12/2018	DIVIDEND:VTR	VTR	$56.42
04/30/2018	DIVIDEND:LTC	LTC	$5.72
			Total: $67.83

Click to enlarge

Dividend income from my taxable account totaled $420.31, up from $297.61, an increase of 41.2% from April of last year.

Dividend income from my ROTH account totaled $151.25, up from $121.03, an increase of 25.0% from this time last year.

Dividend income from my IRA account totaled $67.83, up from $1.91, a year-over-year increase of 3,451.3%.

Grand total for the month of April: $639.39, an increase of 52.0% from April 2017.

Now those are some figures to get excited about. I realize that not every month will produce these great results as payout schedules can shift throwing year over year increases out of whack. April saw one of two annual payments made from DEO which skewed results much higher compared to my January totals. As long as I'm on track to surpass my 2017 results I know I'm headed in the right direction and with a third of the year gone by so far, 2018 is looking good.

Are any of these dividend stocks in your portfolio too? How was your April dividend income? Please let me know below.

Disclosure: Long all above.

Comments

[Mark335]

Nice job DH. April was slow for me, only PM, MO, and KO for $1,767 but I'll take it.

[Divhut]

Looks like you had some solid names paying you in April. Keep it going!

[raena22]

yes ge is buy

[Divhut]

I agree that GE looks potentially more attractive today than it did just a few months ago. Of course, time will tell if it was wise for me to hold.

[ChristopherSmith]

GE??

[Divhut]

I am still holding my GE. No sell for me at this point.

[woodland]

Great job here DH, keep up the great work.

[Divhut]

Thanks for the kind words. DGI is a marathon for sure.