Dividend Update: April 2015

Another successful month of dividend payouts are in the books. I love the dividend growth strategy, where the cash hitting my accounts is always expected to grow.  I’m hoping to eventually build up large sums, and documenting this progress has been empowering proof that my investments are on the right track.

In April, the overall total dividends I received from 7 different businesses was $110.60.  I used my automatic dividend reinvestment plan for all of them except Wal-Mart (WMT), which I combined with fresh capital to purchase Coca-Cola (KO) in my Loyal3 account.  Here’s a snapshot of my dividend reinvestment activity over the month:

2015_APR_DRIP

It’s beautiful watching those dividend reinvestment’s go to work. That $110.60 in dividends added $4.05 in forward income for a 3.66% yield with no activity from my part.  My payouts of $110.60 grew 94.51% over last quarter in January when I earned $56.86.  Going back even further my payouts increased 167.28% from last year’s $41.38.  I’m very happy with these numbers and hope I’m singing a similar tune next year.  Here’s my updated dividend payouts chart:

2015_APR_DP

In 2015, I’m aiming to receive $2,050 in dividends which is almost three times last year’s goal of $750.  So far this year, I’ve earned $455.96 which is only 22.24% of the way there.  With dividend raises and new investments, my total should ramp up sharply toward the end of the year.  Here’s how my goal is tracking through April:

2015_APR_DR

Dividend increases are arguably the most important component to this strategy, and in April I had 5 different businesses announce them (excluding OHI which I invested in after their recent raise):

2015_APR_DRAISES2

Dividend increases do such great work by themselves each month and in April they added $26.03 in additional annual income that I didn’t have to work for.  It would have taken a new investment of $867.67 at a 3% yield to earn that additional forward income.  I was very happy with IBM’s raise which accounted for over half of this month’s total increases.  KMI also impressed and seems to raise their dividend every quarter these days with this current increase representing a 14.29% change over last year.  PG’s 3% raise was a little disappointing but forgivable if they’re able to find a way to start growing again.  Even more disappointing was Chevron failing to increase their dividend from last year.  They have some current headwinds with unpredictable oil prices, but I believe they’ll raise their payout by the end of the year and I’ll be following very closely.

After one year and eleven months of receiving dividends, my lifetime total equals $1,290.30.

2015_APR_LTD

Growth is the name of the game, and I witnessed a great month in that regard.  At the end of each of these monthly write ups I find myself pumped up and motivated to keep at it.  I’ll be looking to make an investment soon to add even more income to my ever growing dividend stream.

How was your April?  

Photo Credit: Blake Richard Verdoorn @ http://unsplash.com

My Dividend Growth

http://www.mydividendgrowth.com

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37 thoughts on “Dividend Update: April 2015
  1. JC

    Great job MDG! Solid YoY growth. If Im not mistaken you should be getting at least $100 per month which is fantastic. Keep up the good work.

     
    Reply
    1. My Dividend Growth

      May is on pace for it’s first triple digit month too here, so yep, I should be seeing at least $100 a month going forward. I hope the $200 mark comes even faster 🙂 Always great to hear from you, thanks for the comment JC!

       
      Reply
  2. FerdiS

    Great report, Ryan, and some impressive year over year growth! Keep up the good work. Although you’re behind on the curve now, I’m sure you’ll catch up soon enough when dividends for your recent purchases start kicking in.

    Cheers
    FerdiS

     
    Reply
    1. My Dividend Growth

      Hope all is well, Ferdi. I’m very excited for these new investments to start showing up, now if only I could settle on what I want to invest in next… You’re making amazing progress yourself over there, keep at it!

       
      Reply
  3. Dividend Hustler

    Awesome Ryan. Slow and Steady will win this. Keep it up bud. You’re a Hustler. Dividend Hustler 😛 Hehe. Keep squirreling away that cash and invest it. It’s a wonderful feeling. I’m happy for your progress and wish us all continued success and health. Cheers my friend.

     
    Reply
    1. My Dividend Growth

      Hehe, that’s the type of motivation I’m talking about 🙂 It’s all about that saving, I hope I can keep at it. Congrats on the awesome recent additions to your portfolio and great to hear from you!

       
      Reply
  4. DivGuy

    Impressive work Ryan! Still rocking it!

    Didn’t add much in on my side, but the house is now for sale and if we manage to sell it fast, that will mean lots of savings to come! So lots of investing as well! mouhahaha 😉

    Cheers,

    Mike

     
    Reply
    1. My Dividend Growth

      I can’t believe it’s finally happening for you, I’m so excited and can’t wait to hear any new developments. Your trip looks like it’s going to be sooo fun and I wish it could happen right now for you. Thanks for the support, Mike!

       
      Reply
  5. Dividend Empire

    Excellent growth Ryan. A $30 pay raise from reinvestments and dividend increases is incredible. I’m happy to say that I received a few pay raises myself in my first month of DGI, including a couple from your list (JNJ and WFC). Hope you have a great May!

     
    Reply
    1. My Dividend Growth

      I really like what I’m seeing with the pay raises. I love that passive nature of this strategy, where all the work is done without us. You’re making some excellent progress over there and I’m really liking your posts. Great job and keep at it Ken!

       
      Reply
  6. roadmap2retire

    Great progress, all around Ryan.

    Congrats on another successful month. Keep up the great work
    R2R

     
    Reply
  7. Vivianne

    What a great month! Enjoy the fast growth rate. It took me years to get to the first $100k, but once I hit it, it increased very quickly. You’ll hit your dividend goal this year, no problem!

     
    Reply
    1. My Dividend Growth

      My net worth keeps creeping toward that 100K mark, it was lottery money to me just a few years ago and now I see that it’s really not that much at all if only the beginning, hehe. Thanks for the support, you’ve set a great example yourself with some massive dividend totals already rolling in, keep at it 🙂

       
      Reply
  8. Captain Dividend

    Thanks for the update Ryan. I love that last chart especially and how that curve keeps getting steeper and steeper over time. You enjoyed some pretty hefty dividend increases too. Keep it up!

     
    Reply
    1. My Dividend Growth

      It’s wild that just those few increases would have that big an effect on my small portfolio, I can’t wait for it to be bigger and watch the raises really move the needle. Appreciate you stopping by Captain, keep doing the good work my friend!

       
      Reply
  9. Zero to Zeros

    Dat dividend growth! I’m mirin bro! Gotta love how those charts just keep going up and up 😀 😀 😀

    It’s very exciting and inspiring to see your portfolio and earnings grow Ryan. Keep it up.

    Cheers!

     
    Reply
    1. My Dividend Growth

      Hehe, thank you sir! Gotta like progress. Great job gobbling up EMR over there, love that pick and want to own it and ETN. You’re inspiring me too my friend, thanks for stopping by!

       
      Reply
  10. Dividend Mantra

    Ryan,

    Awesome work once again. Another really solid month over there, and incredible YOY growth.

    Triple-digit months from here on out. Very exciting stuff. Gotta love getting paid for doing nothing and then, on top of it, getting pay raises for doing nothing. Up, up, and away. 🙂

    Keep up the great work.

    Best regards.

     
    Reply
    1. My Dividend Growth

      Hope married life is treating you well, Jason! Thank you for the encouragement, those raises are really starting to move the needle now. I’m so excited to see the numbers with a larger portfolio like yours. Have a great weekend my friend!

       
      Reply
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  12. Dividend Gremlin

    Ryan,

    Nice month you had there, with a strong YOY and quarter-over-quarter increases. I really like the dividend increases, though they might not represent more money than the new purchases, they sure seem to feel better.

    -Gremlin

     
    Reply
    1. My Dividend Growth

      Thank you Gremlin 🙂 It’s pretty crazy those increases are already pretty substantial… I can’t wait to have a bigger portfolio to really watch the magic work. Hope all is well with you lately my friend!

       
      Reply
  13. Laura

    Nice to see your dividends working hard for you. That $110 will turn into $1100 some month sometime soon I am sure. I am still a beginner but I can see it starts off slow and then snowballs. It is investors like you who motivate me to keep investing and believing so thank you.

     
    Reply
    1. My Dividend Growth

      Great to hear form you again! 🙂 Adding a zero to these dividend payouts would be insane, it’s hard to believe that’s where it’s all heading. I’ve had a lot of fun building this portfolio so far, and completely relate to being a beginner. The most important part is to keep up the contributions, and some months like May here can be challenging to find investment opportunities… I gotta find something soon! Your support and comments motivate me, so let’s keep inspiring each other and we’ll get there eventually. Have a great week!

       
      Reply
  14. Dividend Beginner

    Hi Ryan,

    Congrats on your month of April dividends, excited to see what comes about for your month of May. Keep it up, success begets success. IBM was killer here, love it.

    Best regards,
    DB

     
    Reply

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