April 2020 Dividend Income: Down With the Sickness

So, the bad news is that COVID-19 still hasn't been sent back to hell.  The good news is that, while the market was volatile, the dividends came in steady.  Without further ado, let's get to it.

Pepsi (PEP): $0.97  Up a penny from last quarter due to DRIP
Iron Mountain (IRM): $1.97  Up $0.04 QoQ from DRIP.  Up $1.36 from last year
AGNC: $0.18    Up a penny from last quarter

Best Buy (BBY): $3.85   Best Buy coming in with a dividend increase.  This marks the first reinvested dividend from this company.  A part of me wonders where the position would be if I had set the dividends to reinvest all those years ago, but at the same time, being able to see it now does seem like the more favorable set up.

Franklin Resources (BEN): $1.93    Up $0.02 QoQ and up $1.41 YoY
Bed, Bath, and Beyond (BBBY): $0.70  Up a penny due to DRIP

Realty Income (O): $0.97  Up $0.24 from last month due to a purchase and a dividend increase.  Up $0.26 QoQ with DRIP also contributing.  YoY growth is $0.28 cents

Armanino Foods (AMNF): $0.30  Up $0.02 due to a dividend increase

That brings the total to $10.87.  Breaking the double digit threshold in a non mid-quarter month is pretty nice (why is the quarter ender my weakest month?)  With the Best Buy dividend stabilized, it should ensure that the bar remains set.

The 401K added another $0.76 to the table, bringing the grand total to $11.63.  That's up $4.52 from last quarter and up $9.53 from last year.

Interest payments clocked in at  $3.17. This is up from last quarter, but down from last month.

It was a decent month on the buying front.  I added another share of Westrock (WRK) to the portfolio.  I also brought two new positions to the table with single share purchases of Leggett and Platt (LEG) and Walgreen's Boots Alliance (WBA). Both are aristocrats, with the pharmacy drug store chain only a stone's throw away from kinghood.  I think if I can keep making small purchases like this on a regular basis, it'll go a long way.  With the market doing what it's doing, it seems like a good chance to diversify, but I'm also making a point to build the already existing positions to get the snowball moving a bit faster.  It's kind of annoying to see a whole list of just one share stocks, so hopefully, I'll be able to spice it up with larger positions later on down the road.  The portfolio hasn't been updated just yet, but I'll be getting around to it in the near future.

That about wraps things up.  All in all, I was pleased with how the numbers turned out.  It wasn't an all-time record, but I think this is a peak for the quarter opener months, which is something.  Next quarter, though, is the big cahuna of the quarterly payouts.  It'll be a doozy, that's for sure.

                             "stock dividend" by CreditDebitPro is licensed under CC BY 2.0 














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