April 2016 dividend income report

When I started following DGI blogs a year or two ago the monthly dividend income posts were among my favorite reports to read as it showed what you can achieve with dividend growth investing. Sadly, a lot of the bloggers I originally followed are no longer active or are no longer writing as regularly as they used to.

There are probably a multitude for this, including things like writer’s block. I suffer from this problem too, last year I set out a goal to write around 4 articles for Seeking Alpha a month but the last couple of months it’s been hard to stick to this cadence. I have a lot of ideas for articles but finding the right mental state to get started on a new article or finishing one sometimes seems almost impossible as there’s always something else to do, like watching a TV series or pointlessly surfing the web (or both at the same time).

I have a lot of ideas for articles but finding the right mental state to get started on a new article or finishing one sometimes seems almost impossible as there’s always something else to do, like watching a TV series or pointlessly surfing the web (or both at the same time). Sometimes I can write article after article but then something just snags.

Now that we’re getting towards the end of the month it’s time for my monthly dividend income report. The last couple of weeks the stock market soared quite a bit, resulting in a record total return for my personal dividend growth-oriented portfolio. Similarly, the dividend I received this month was also the highest to date.

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Dividends received in April 2016

  • Coca Cola: 9.90EUR
  • Diageo: 12.29EUR
  • PZ Cussons: 4.26EUR
  • Royal Dutch Shell: 28.35EUR
  • Philip Morris: 51.40EUR
  • GlaxoSmithKline: 61.20EUR
  • General Electric: 6.48EUR

In total that’s 173.88EUR in dividend income for April!

But this month’s dividend income was higher than usual. As I pointed out in my previous dividend income post, part of my RDSB dividend payout did not arrive in March as it should have. Overall I’m quite satisfied with my broker, but they do seem to have some issues with paying out dividends from LON:RDSB on schedule. Usually, there’s a delay of a couple of days but this time it was a whopping two weeks!

Furthermore, this month’s dividend income was also higher than normal as GSK paid out almost double as much as usual. This is the result of a special dividend of £0.2 per share on top of the regular £0.23 dividend due to last year’s deal with Novartis.

Next month’s dividend income will be pretty high too due to dividends from several European companies that pay out just once or twice a year.

Dividend increases in April 2016:

  • Unilever: +6%
  • Omega Healthcare Investors: +1.75%

Share purchases in April 2016

I still have a decent pool of free trades with my broker so I pooled together some dividends for a mid-month purchase of five more shares of Omega Healthcare Investors (OHI). After taxes, this increases my yearly dividend income by $7.20.

How much dividend income did you collect this month?

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4 thoughts on “April 2016 dividend income report

  1. ambertreeleaves

    Mental blocks happen to anyone. There are days that it goes easier to write than others.
    Knowing why you write these articles and getting some sort of satisfaction out of them could be driver to write. For me, there was a dip last year, but I seem to be over it now. Until the next dip I guess…

    The dividend looks nice… 173 pays already for a lot of expenses! and you got some raises as well!

    Really cool that you have free trades that allow you to buy such a small amount of stock!

    Like

    Reply
    1. Dividends Are Coming Post author

      I’m currently preparing an article about Reckitt Benckiser, hope to finish writing it this week.

      173EUR is indeed starting to feel like real money, it goes some way towards covering monthly expenses.

      The free trades are the result of directing friends to my broker, if they sign up via my handle we both get a 100EUR transaction credit 🙂 I like this a lot, it allows me to buy small numbers of shares without having to worry about the transaction fees.

      Liked by 1 person

      Reply

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