Last month I received a dividend income of $850.50 for March. I crushed my year over year increase goal of $170 per month with a legit $248.50 increase. I’m hoping to keep this momentum going as I press forward through April.
This year, my goal is to pass $8,000 in total dividends received. Let’s check it out. 
April Dividend Income
For the month of April I received dividends from 16 different companies.
| Ticker | Company Name | Dividend |
| TSE:AQN | Algonquin | $232.84 |
| TSE:AX.UN | Artis REIT | $101.70 |
| WPC | W.P. Carey | $99.50 |
| TSE:NVU.UN | Northview Apartment REIT | $84.20 |
| TSE:PLZ.UN | Plaza REIT | $73.17 |
| TSE:ALA | AtlaGas | $70.18 |
| TSE:ZLB | BMO LOW VOL ETF | $40.70 |
| TSE:D.UN | Dream Office REIT | $38.13 |
| TSE:TA | TransAlta | $35.76 |
| WDC | Western Digital | $35.00 |
| TSE:SJR.B | Shaw | $30.80 |
| TSE:AD | Alaris | $27.00 |
| O | Reality Income | $21.10 |
| TSE:PZA | Pizza Pizza | $17.83 |
| TSE:CPG | Cresent | $15.03 |
| NKE | Nike | $9.00 |
| Total | $931.94 |
I received $931.94 in dividends for the month of April.
This is a new personal record, blowing past last month’s record $850.
With over $900 bucks burning a hole in my pocket, it’s time to go shopping! With spring in the air, I think I will buy a brand new…
Weber Genesis II E-410 gas grill.
Price$900.00
With evenness performance and the ability to cook over 28 hamburgers at the same time, I would be a fool not to purchase this exquisite beast of master cookery.
I guess I’m a fool.
Like every month, I DRIP my dividends and buy back more shares, usually at a market discount. This is the secret to investing.
The money that I make (dividends) will now continue to make their own money! And on and on it goes.
The reason I like to invest my money through dividend reinvesting is 2 parts.
- I don’t pay a transaction fee, which doesn’t seem like much, but they do add up fast.
- I get a DRIP discount on new shares below market price, usually by around 3-5%
Nuts and Bolts
- My year over year increase was 197.74% or $618.94 more than April 2016
- My quarter over quarter increase was 45.82%
- This was a ridiculous quarter almost entirely due to my new position in AQN
- I do not expect to ever see this big of a gain again unless I win the lotto.
| Month | 2015 | 2016 | 2017 | 2017 $ INC | 2017 % INC |
| January | $152.00 | $367.00 | $639.12 | $272.12 | 74.15% |
| February | $229.00 | $427.00 | $557.24 | $130.24 | 30.50% |
| March | $385.00 | $602.00 | $850.50 | $248.50 | 41.28% |
| April | $201.00 | $313.00 | $931.94 | $618.94 | 197.74% |
| May | $375.00 | $456.00 | $0.00 | 0 | 0.00% |
| June | $475.00 | $676.00 | $0.00 | 0 | 0.00% |
| July | $200.00 | $380.00 | $0.00 | 0 | 0.00% |
| August | $375.00 | $501.00 | $0.00 | 0 | 0.00% |
| September | $499.00 | $716.88 | $0.00 | 0 | 0.00% |
| October | $236.00 | $479.38 | $0.00 | 0 | 0.00% |
| November | $418.00 | $514.57 | $0.00 | 0 | 0.00% |
| December | $624.00 | $760.03 | $0.00 | 0 | 0.00% |
| YTD Total | $4,169.00 | $6,192.86 | $2,978.80 | $1269.80 | 0.00% |
One of my goals for 2017 is to increase my dividend payout an average of $170 per month over the previous year. I’m moving quite ahead of schedule with an average increase of $317.45 per month. ($1269.80/4). Saying that, I don’t expect to keep up at this breakneck pace through summer.
My total dividend haul this year has already passed my 2014 total year! I’m currently sitting at $2,978.80 and it’s only May 1st. It’s crazy to think that I have already passed my 2014 total in just 4 months! How cool is that.
How Much Free Money?
| Year | Total Dividends Received |
| 2014 | $2,421.00 |
| 2015 | $4,169.00 |
| 2016 | $6,193.00 |
| 2017 | $2,978.80 |
| 2018 | $0.00 |
| 2019 | $0.00 |
| 2020 | $0.00 |
| Total | $15,761.66 |
Since 2014 I have received $15,761.66 worth of dividends. This does not include any capital appreciation.
Every month I like to see what my total dividend income could purchase if I chose to spend it on frivolous stuff. Seeing as my monthly dividend bought me a fancy new BBQ, I thought what else could I buy to enhance my chef type abilities?
Turns out I could buy a whole darn kitchen 🙂
I wouldn’t call this a frivolous purchase and If I did spend my dividends it would most likely be on something like this, I know my wife would like it 🙂
Unfortunately for her, I’m a dividend reinvestor and one day (maybe) my dividends dividends can buy her one of these.
Until then,
Stay classy Fire bros
Wow… that’s a pretty impressive total for a “quiet month.” That gas grill would make a nice addition 🙂 I love how you show us ways to blow a month’s worth of passive income in one shot. Keep up the solid performance!
DivHut recently posted…May 2017 Stock Considerations
Thanks Keith,
I can’t wait until my dividends can buy a “Lambo”
Me too! Huracan preferably..!
Passive Income Dude recently posted…Passive Income Report: April 2017
Nice 🙂
That really is fantastic. That year over year growth is phenomenal. Well done to you.
This month was better than the norm but I’ll take it 🙂
That is some excellent results. What an informative and fun update. I’ll keep checking out your blog, thank you!
Thanks Mr.Robot
Well done! Thanks for sharing your impressive growth. It’s great to see such improvement over time, and definitely an inspiration for those that aren’t quite as far along as their DGI journey.
Thanks again!
Jay
Jay recently posted…Trend Following Stock Trade Ideas for May 2017 (Part 1)
Thanks Jay.
It’s been a grindy year, I’ve been working like a madman so it’s nice that my DG is moving quickly.
I plan to slow it right down and spend most of my summer with my family and not working 🙂
That’s an outstanding return, I’m about half way there, but that kind of income would take care of my rent for a month. Your year over year increase is incredible at the amount you are talking and I thought I was doing good at 22% 🙂 Keep up the fantastic work!
Duncan’s Dividends recently posted…Recent Purchase – O!
This month was much better than normal 🙂
All I really care about is that I’m progressing in an upward trend.
Cheers
Always enjoy reading your update Divicents. Congrats on the new record and it is a lot of fun seeing your income and portfolio progress so well. Keep up the amazing work and I would love to have some burgers that are cooked on the grill!
Bert
Dividend Diplomats recently posted…Lanny’s April Dividend Income Summary
Thanks for stopping by Bert,
You and Lanny are crushing it as well and I draw much inspiration from your blog.
Keep grinding.
Pingback: April Dividend Income from YOU the Bloggers! - Dividend Diplomats
Awesome job. Soon you will be able to buy the grill and invest 900 a month best of both worlds. Or just invest it all lol
Doug recently posted…AAPL Dividend increase
All of it back to buying more stocks!
Awesome month! That is some impressive growth numbers and dividend income. You know next month will be even better. New records being broken every month, let’s see you hit over $1k next month now. Keep those quality purchases coming.
Dividend Daze recently posted…How to Decide Between Paying Off Student Loans Early Or Investing (Or Both)
Next month is my lowest month but maybe, just maybe june should hit that 4 digit mark…