Dividend Income Update - April 2018

April is one of my lower months in terms of dividend income. It is included with those other three months (Jan, Apr, Jul, Oct) that are my four lowest months of the year. I don't buy stocks based on the months so this is just how it has worked out. Most companies end up paying dividends in March, June, September, and December. Thus my results are usually skewed with those being my four largest months by far. 



Nevertheless, what I really care about is year over year (YoY) increases. As long as the months continue to grow at a solid rate then I will be happy.  

The companies that paid me this month are as follows:

TORONTO-DOMINION BK F	TD	$10.98
JPMORGAN CHASE & CO	JPM	$10.08
SYSCO CORPORATION	SYY	$7.20
BANK OF NOVA SCOTIA F	BNS	$10.82
GENERAL ELECTRIC CO	GE	$5.64
CISCO SYSTEMS INC	CSCO	$22.11
WESTERN DIGITAL CORP	WDC	$4.50
MAIN STREET CAPITAL	MAIN	$4.94
CARDINAL HEALTH INC	CAH	$14.33
PHILIP MORRIS INTL	PM	$20.33
DIAGEO PLC	DEO	$14.00
ALTRIA GROUP INC	MO	$10.50
HP INC.	HPQ	$9.47
KIMBERLY-CLARK CORP	KMB	$16.00
NIKE INC CLASS B	NKE	$2.80
COCA COLA COMPANY	KO	$28.47

This month I received $188.90 in dividend income! 

This is up from $137.75 for April, 2017. 

This represents a 37.13% increase YoY!

Now again this is one of my slowest months in the year, but the YoY increase is great. I know these YoY increases will start to slowly go down, but if I can continue getting numbers close to this I will be happy. 

This progress is proof that anyone really can do well from dividend growth investing. Even if I didn't invest another dollar I would still have YoY increases just because these companies are routinely growing their dividends. These increases tend to be anywhere from 5-20% a year depending on the stock. 

With the continued market weakness I may even be able to beat those YoY increases just because my money is going farther now. As the market declines the yields all rise and I've been able to double down on stocks I bought 3 years ago for cheaper prices and (you guessed it) higher dividends. 


How did you guys do in April? Let me know!