You are currently viewing Dividend Income Report: April 2022

Ah, April. Here in the Pacific Northwest, spring is full swing and the cold, grey, wet days of winter give way to more frequent days of warming, sunny, and dryer days. Unfortunately for my finances, this particular April has been less than great. Thanks to recession fears and rising interest rates, the market took a real beating and so did my portfolio which declined by nearly $6600. Sigh. That being said, let’s see how my dividend income stacked up for April:

AWP $44.00*
BGY $33.80*
CIK $22.50
CLM $45.20*
DHY $27.13
EDF $15.00*
EHI $26.80*
EXG $103.35
NCV $29.75*
PFN $32.31
PNNT $140.00
ZTR $24.00*
TOTAL $543.84

* Includes Return of Capital

While $543.84 isn’t bad, April’s total was a bit disappointing. It was certainly lower than the previous quarter’s first month (last January was $636.54). This is largely due to USA’s missed payout and CODI’s quarterly payout now gone.

The only good thing about April was that no dividend cuts occurred and PNNT’s quarterly dividend increased (from $0.12/share to $0.14/share) as expected.

In April I sold off my entirety of FGB (175 shares at $4.04 then later 675 shares at $4.00) as the stock price has been falling so I felt it better to sell it off and buy some stocks with a better yield (FGB was yielding approximately 5.5% at the time I sold it off).

Overall, April was somewhat disappointing, but I have hope that better months are ahead.

Image Credit: jarmoluk (pixabay.com)