May 01 2018

Dividend Income Report: April 2018

So long April 2018! It’s been a somewhat busy month for me, as spring really arrived in the final week of the month. I updated the house a little, replacing 1990s polished brass door knobs with more modern satin nickel handles. In the latter part of the month we also jetted to Minnesota (our first visit to the state) to spend a few days with friends there. For the final week of the month we had a brief taste of summer before the clouds and rain returned last Friday.

Well, let’s do the numbers and see how my dividend payouts did in April…
AWP $ 50.00
BGY $ 38.00*
CHW $ 21.00*
CIK $ 22.00*
CLM $ 47.30
CLM $ 47.30
CODI $144.00
DHY $ 35.00
DMF $ 10.50
DSM $ 19.25
EAD $ 8.32
EDF $ 45.00*
EHI $ 24.40
EXG $114.00*
NCV $ 45.50
NRZ $ 90.00
OIA $ 4.30
PFN $ 36.00
PNNT $ 81.00
RA $ 69.85
VFL $ 15.00
ZTR $ 33.90
TOTAL $1001.62

* Includes Return of Capital

What? $1001.62?! O. M. G. It happened.

I’ve finally had a $1000 month! Whooo-hooo! This achievement was mainly due to NRZ’s payout and CLM’s makeup payout (because CLM didn’t pay out in March), thus making April such an astounding month. At the start of the year, I was fairly certain that I would attain the much desired $1000 month some time in 2018, but I didn’t think it would happen quite this early. However,CLM’s extra payout made breaking $1000 something of a fluke, so it may not happen again this year (but I hope it does!).

Now that the good news has been delivered, next is the bad news. Were there any dividend cuts in April? Of course there were! Let’s see what stocks were affected…
• EAD trimmed its dividend from 5.641 cents per share to 5.2 cents, a 7.82% cut and $0.71 drop in monthly dividend income.
• EHI cut its dividend from 6.35 cents per share to 6.10 cents, a 3.94% cut and $1.00 drop in monthly dividend income.
Fortunately, April’s two dividend cuts amounted to being just a small nick, so I won’t complain (well, not too much anyway).

Overall, April was a truly notable month with a long desired goal being reached and the usual dividend cuts being only very slight. Yes, April was an excellent month indeed.

Image Credit: jarmoluk (pixabay.com)


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