This month I made one purchase, acquiring shares of Eaton Vance (EV) in my taxable account.
Last month I brought in a total of $429.55 in dividends ($180.51 taxable, $93.08 Roth, and $155.96 IRA). This is an increase from last year (380.61 total) by 12%. Even with the Kraft-Heinz KHC dividend cut, my growth is not stopping.
In terms of dividend increases, I realized* eleven (11!) raises from the Archer Daniel's Midland (ADM), Amgen (AMGN), Canadian National Railway (CNI), Dominion Energy (D), Dunkin Brands (DNKN), Union Pacific (UNP), Waste Management (WM), YUM! Brands (YUM), Prudential (PRU), 3M (MMM), and T. Rowe Price (TROW). The increases are from about 4% to about 15%+. I have now realized 18 raises thus far this year. I also realized one cut of approximately 33% by KHC.
Next month I will realize seven (7) raises from the Bank of Nova Scotia (BNS), Canadian Imperial Bank of Commerce (CM), Coke Cola (KO), Realty Income (O), Toronto-Dominion Bank (TD), WalMart (WMT), and Kimberly Clark (KMB). The increases are from about 0.2% to about 10%.
* I only count increases when realized, because until that money is delivered any statements or declarations are simply conjecture.
The mortgage continues and I am putting a little extra cash towards the principal monthly - not a huge number, but every little bit counts. Our debts currently outstrip our assets (I choose not to count the house as an asset). Outside of our house, we still have very low interest auto debt (1.5% for our car). My car was paid off in March, freeing up some monthly cash! Debt is being eliminated, and we are still building and assets.
My next purchase will be in April, which will make for 10 consecutive months of buys across all accounts.
Next month should produce around $105 in dividends, which is a 40% YOY increase.
My portfolio page is currently up to date.
Hope everyone has a great April.
- Dividend Gremlin
- Long all stock tickers