april dividend income

Dividend Income – April 2017

Last month I received a dividend income of $850.50 for March. I crushed my year over year increase goal of $170 per month with a legit $248.50 increase. I’m hoping to keep this momentum going as I press forward through April.

This year, my goal is to pass $8,000 in total dividends received. Let’s check  it out. 

April Dividend Income

For the month of April I received dividends from 16 different companies.

TickerCompany NameDividend
TSE:AQNAlgonquin$232.84
TSE:AX.UNArtis REIT$101.70
WPCW.P. Carey$99.50
TSE:NVU.UNNorthview Apartment REIT$84.20
TSE:PLZ.UNPlaza REIT$73.17
TSE:ALAAtlaGas$70.18
TSE:ZLBBMO LOW VOL ETF$40.70
TSE:D.UNDream Office REIT$38.13
TSE:TATransAlta$35.76
WDCWestern Digital$35.00
TSE:SJR.BShaw$30.80
TSE:ADAlaris$27.00
OReality Income$21.10
TSE:PZAPizza Pizza$17.83
TSE:CPGCresent$15.03
NKENike$9.00
Total$931.94

I received $931.94 in dividends for the month of April.

This is a new personal record, blowing past last month’s record $850.

With over $900 bucks burning a hole in my pocket, it’s time to go shopping! With spring in the air, I think I will buy a brand new…

Weber Genesis II E-410 gas grill.

Price$900.00

Burn baby burn

With evenness performance and the ability to cook over 28 hamburgers at the same time, I would be a fool not to purchase this exquisite beast of master cookery.

I guess I’m a fool.

Like every month, I DRIP my dividends and buy back more shares, usually at a market discount. This is the secret to investing.

The money that I make (dividends) will now continue to make their own money! And on and on it goes.

The reason I like to invest my money through dividend reinvesting is 2 parts.

  1. I don’t pay a transaction fee, which doesn’t seem like much, but they do add up fast.
  2. I get a DRIP discount on new shares below market price, usually by around 3-5%dividend income

Nuts and Bolts

  • My year over year increase was 197.74% or $618.94 more than April 2016
  • My quarter over quarter increase was 45.82%
  • This was a ridiculous quarter almost entirely due to my new position in AQN
  • I do not expect to ever see this big of a gain again unless I win the lotto.
Month 2015 2016 2017 2017 $ INC 2017 % INC
January $152.00 $367.00 $639.12 $272.12 74.15%
February $229.00 $427.00 $557.24 $130.24 30.50%
March $385.00 $602.00 $850.50 $248.50 41.28%
April $201.00 $313.00 $931.94 $618.94 197.74%
May $375.00 $456.00 $0.00 0 0.00%
June $475.00 $676.00 $0.00 0 0.00%
July $200.00 $380.00 $0.00 0 0.00%
August $375.00 $501.00 $0.00 0 0.00%
September $499.00 $716.88 $0.00 0 0.00%
October $236.00 $479.38 $0.00 0 0.00%
November $418.00 $514.57 $0.00 0 0.00%
December $624.00 $760.03 $0.00 0 0.00%
YTD Total $4,169.00 $6,192.86 $2,978.80 $1269.80 0.00%

One of my goals for 2017 is to increase my dividend payout an average of $170 per month over the previous year. I’m moving quite ahead of schedule with an average increase of $317.45 per month. ($1269.80/4). Saying that, I don’t expect to keep up at this breakneck pace through summer.

April dividend incomeMy total dividend haul this year has already passed my 2014 total year! I’m currently sitting at $2,978.80 and it’s only May 1st. It’s crazy to think that I have already passed my 2014 total in just 4 months! How cool is that.

How Much Free Money?

Year Total Dividends Received
2014 $2,421.00
2015 $4,169.00
2016 $6,193.00
2017 $2,978.80
2018 $0.00
2019 $0.00
2020 $0.00
Total  $15,761.66

Since 2014 I have received $15,761.66 worth of dividends. This does not include any capital appreciation.

Every month I like to see what my total dividend income could purchase if I chose to spend it on frivolous stuff. Seeing as my monthly dividend bought me a fancy new BBQ, I thought what else could I buy to enhance my chef type abilities?

Turns out I could buy a whole darn kitchen 🙂

dividends
Mid range kitchen $15,000

I wouldn’t call this a frivolous purchase and If I did spend my dividends it would most likely be on something like this, I know my wife would like it 🙂

Unfortunately for her, I’m a dividend reinvestor and one day (maybe) my dividends dividends can buy her one of these.

Until then,

Stay classy Fire bros

19 thoughts on “Dividend Income – April 2017”

  1. Wow… that’s a pretty impressive total for a “quiet month.” That gas grill would make a nice addition 🙂 I love how you show us ways to blow a month’s worth of passive income in one shot. Keep up the solid performance!
    DivHut recently posted…May 2017 Stock ConsiderationsMy Profile

    1. Thanks Jay.

      It’s been a grindy year, I’ve been working like a madman so it’s nice that my DG is moving quickly.

      I plan to slow it right down and spend most of my summer with my family and not working 🙂

  2. That’s an outstanding return, I’m about half way there, but that kind of income would take care of my rent for a month. Your year over year increase is incredible at the amount you are talking and I thought I was doing good at 22% 🙂 Keep up the fantastic work!
    Duncan’s Dividends recently posted…Recent Purchase – O!My Profile

    1. This month was much better than normal 🙂

      All I really care about is that I’m progressing in an upward trend.

      Cheers

    1. Thanks for stopping by Bert,

      You and Lanny are crushing it as well and I draw much inspiration from your blog.

      Keep grinding.

  3. Pingback: April Dividend Income from YOU the Bloggers! - Dividend Diplomats

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