Dividend Income Update – April 2015

Its time for me to post dividend income earned from my portfolios: DRIP, HID1, HID2, & RothI enjoy sharing them as these passive dividend income provides me great inspiration and encouragement to keep chugging along and hopefully to the readers.

I scored a triple hundred plus in total passive dividend Income: $302.88 to be precise, this is the second time crossing $300.00 milestone figure this year. My dividend income was more than 2.89% as compared to last Jan and 116% more compared to last year’s April. It only shows the power of Dividend Income engine.

Passive Dividend Income – April 2015

1. Dividend Re-Investment Plan Portfolio (DRIP) 
Altria Group, Inc. (MO): $29.29
Glaxo SmithKline Plc. (GSK): $27.29
Kimberly-Clark Corp. (KMB): $16.22
Phillip Morris Intl, Inc (PM): $30.13
The Coca-Cola Company (KO): $14.91
The Wal-Mart Stores (WMT): $11.60

2. High Dividend Income Growth Portfolio 1 (HID1)
American Capital Agency (AGNC): $11.00
General Electric (GE): $10.35
Altria Group, Inc. (MO): $17.16
Annaly Capital Mgmt (NLY): $30.00
Realty Income Corp (O): $9.48
Omega Healthcare Inc. (OHI): $18.00
Phillip Morris Intl, Inc (PM): $25.00
Prospect Capital (PSEC): $8.33
Pimco Corp & Opportunity (PTY): $13.00

3High Dividend Income Growth Portfolio 2 (HID2)
Altria Group, Inc. (MO): $13.77

4. Roth IRA
Reynolds American Inc. (RAI): $12.06
Vanguard Natural Res LLC (VNR): $5.29

Total Passive Dividend Income: $302.88

I want to own securities of Blue chip Aristocrats (companies with 25+ yrs of growing earnings) and Dividend Champions. Once the earned passive dividend income covers all my expenses, I will own my time as well.

I’d setup a goal of earning $3500.00 in total passive dividend income this year and so far have received $1117.16. This is 31.91% of target for this year and a little behind.  We will see how next few months pan out.

Full Disclosure: Long in all above mentioned securities.

How did your Dividend Income come along this month of April? Meeting target.

Thanks for reading.

16 thoughts on “Dividend Income Update – April 2015

  1. Nice income stream you’ve got going Passive Income Mavericks! Two $300+ months out of four is a great start to the year. Something tells me that you will be hitting the $350 or $400 mark later this year.

    Best wishes and continued success on your journey! AFFJ

    1. Hi AFFJ,

      Yep. I’m glad to make it $300 plus in 2 months out of 4. Hitting $400 will be fantastic. Looking forward to that! However, next month will be on lower side. We will see. Appreciate the kind wishes and hope that this year is great for you as well.

      Thanks for stopping by!

    1. Hi Investing Pursuits,

      Thank you. I’m glad to be in position to receive $300+ in a single month. This is almost 1 week of full time work! You can take a small vacation with this amount.

      Thanks for stopping by and commenting!

  2. PIM,

    Wow, $300+?! That’s awesome. You’re doing quite well and your yield overall has to be pretty awesome too. What’s sweet is most of it was in your individual account and not retirement aka money you can actually use before the 59.5 illustrious age threshold.

    Nice job Maverick, digging it.

    -Lanny

    1. Hi Lanny,

      It feels really awesome getting so many checks in the mail and cashing them to the bank. It was a real digging this month 🙂

      I like to get passive income in taxable account as you can take out this money without any concern for paying extra taxes or 10% penalty. To me, money in tax deferred accounts is like locked out money that you have no access till you are 59.5. FI is all about getting free much before that so that you can really enjoy what you really love doing.

      Thanks for stopping by as always!

  3. As always, a great dividend income report from your multiple accounts. A total of over $300 is very respectable considering that April is not a huge dividend paying month like the end of quarters. With some compounding magic and a few more dividend increases you will come quite close if not exceed your annual dividend income goal. Thanks for sharing.

    1. Hi DivHut,

      Absolutely. It is a big amount to get in a single month and magic of compounding is coming into full play in short few years. I’d set a very challenging goal this year and it will be tough but I’ll try 🙂

      Thanks for stopping by as always!

    1. Hi DivorceDiff,

      Appreciate the nice words. Yeah, love to keep the snowball rolling with an increasing speed 😉 Few years back, my whole year dividend passive income was almost similar to what I earned this month. This is all amazing stuff.

      Thanks for stopping by!

    1. Hi Dividend Empire,

      I’ve worked hard to be here and I’m happy to have $300+ in dividend income. Appreciate very much following my journey and glad to have you here!

      Thanks for stopping by and commenting!

    1. Hi DivGro,

      Appreciate the kind words and having confidence in beating my goals this year, which appear to be quite daunting frankly right now. However, couple of great months like this month can make it happen. But, we will see!

      You are doing great there with many buys!

      Thanks for stopping by as always!

    1. Hi DB,

      Ha! I’m glad that you are liking my passive income 🙂 Appreciate very much the compliments. Yep, $300 is nuts!

      If I can crack $400 figure at-least in one month this year, it will be awesome. Hope it happens at some point. We’ll see together!

      Thanks for stopping by!

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