April 2017 Income

While April isn’t historically among the highest paying months, I did continue the trend of year-over-year dividend increases. April 2017 brought in $315.54. This is an increase of 81% compared to last April, which brought in $174.28.

While I had a slight dip in year-over-year dividend income early in 2017, it looks like the trend of increases will continue for the rest of the year.

Options: I collected $40.98 in options premium this month. I also have received $86.99 in premiums for a put option on TGT, which is still open. See my options trading page for more details. I don’t account for this premium until I have closed out of the position.

Symbol Dividend Amount
BAX $4.20
CSCO $33.60
CY $27.50
DEO $75.57
GE $104.50
KO $34.22
O $11.95
PGX $2.38
SHPG $12.35
SOUHY $9.27

Total dividends for April 2017: $315.54
Total cumulative dividend income for 2017: $1,749.43

Forward 12-Month Dividends: $6883.62
Hourly wage based on 40 hour work week (2087 hrs): $3.30/hour
Hourly wage based on non-stop work (8760 hrs): $0.79/hour


Total option income for April 2017: $40.98
Total cumulative option income for 2017: $334.92

Full disclosure: Long all the above stocks

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19 Responses

  1. Not a bad month at all. I’m sure you wish you had a few more options premiums, but can’t go wrong with 80% increase in dividends. April tends to be a slow month for many, but looks like you made a sizable increase YoY. Cheers!
    Dividend Daze recently posted…Dividend Update – AprilMy Profile

    • scott says:

      Hi Dividend Daze,

      Thanks! Yeah, I was extra busy with work and didn’t have the time or energy to properly execute any more options trades. I’m going to be moving much of my options trades over to tastyworks since the fees are so low. Excellent 122% YoY increase yourself!

      Scott

  2. DivHut says:

    Nice seeing those dividends continue to roll in. You brought in a nice total for a month that we know to be “slow” from a dividend perspective. Looks like your GE and DEO are the heavy hitters last month. I’m starting to read more about GE these days regarding a buying op or simply dump. I’m holding on to mine. Thanks for sharing.
    DivHut recently posted…Dividend Income Update April 2017My Profile

    • scott says:

      DivHut,

      Thanks. Yeah, despite GE being such a large portion of my portfolio already, I’m even debating adding some more now that it has dropped below $30 again. They pay a reasonable dividend of almost 3.3% and will be returning a lot of money to shareholders in the form of buybacks. I’m hoping that they will soon start dividend increases again. I think they are well-positioned to take advantage of many of the technology changes happening within industry.

  3. 300$ is our 2017 monthly objective. You did hit that and I would be very pleased with that. And what a growth figure…amazing

    Look forward to your next month. Look forward to learn more about your options trading

    • scott says:

      Dividend Cake,

      Thanks. More options trading posts will be coming shortly! I’m excited to expand that component of my investing.

  4. A nice 81% increase year over year must feel good. Seeing large dividends gains is fun to watch. Keep it up.
    DividendMonkey recently posted…2017 Best of Breed Dividend Stock ListMy Profile

    • scott says:

      Thanks, DividendMonkey,

      The increases always feel great. I love hearing that AAPL or JNJ increased their dividends yet again and then go into my spreadsheet and plug in that new quarterly dividend amount to see how much more “free” money I’ll be getting from them. It really adds up!

  5. Those increases year over year are super impressive. I hope you can continue to increase them for many years to come. I am very jealous!
    Buy, Hold Long recently posted…Net Worth Update – April 2017My Profile

    • scott says:

      Thanks, Buy, Hold Long,

      You’ll get there soon enough. You already increased your forward dividends by almost 3x since October 2016. Very impressive!

  6. Dan says:

    Good job! I like the hourly wage comparison! 🙂 That’s awesome. April was an interesting month for me personally,
    Dan recently posted…Passive Income Report: April 2017My Profile

    • scott says:

      Dan, Thanks! It has been fun seeing the hourly wage slowly increase. It is still not anywhere close to what I’ll need to live on, but it is a start.

  7. Two Investing, killing it! Those pink 2017 bars are skyrocketing 🙂

    I will have my April dividend post up by Wednesday morning. I like writing and reading these types of dividend updates the most, guess that makes me a real DGI haha.

    Others have pointed it out already, but I love that hourly wage comparison. One day you will look at that number and be like: ‘Yep, I can retire now!’

    All the best,
    Tall Investing

    • scott says:

      Hi Tall Investing,

      Glad to see a fellow TI out there! Thanks! I love these kind of posts too. Always fun to see how everyone is doing. It is especially excited when just starting off since the growth year-over-year is always so terrific.

      I forget who I got the hourly wage comparison from, but I like it too. I’m still far off from seeing a number there that I like yet!

      Take care,

      Scott

  8. Hi Scott. Fantastic results. An 81% YOY increase is something to be very proud of. It shows your dedication to adding shares to your portfolio. Keep up the good work.
    Investment Hunting recently posted…April Dividend and Options IncomeMy Profile

  9. Congrats on the great month. So close to crossing $7k!! Looking forward to seeing you breach that milestone.

    Bert
    Dividend Diplomats recently posted…Lanny’s April Dividend Income SummaryMy Profile

    • scott says:

      I actually did recently break that milestone. I’m up to a little over $7100 now. I made two recent purchases that did it. I’ll write about them soon.

  1. May 15, 2017

    […] Two Investing – $315.54 – An 88% year over year increase is awesome Two Investing. Keep up the great work.  We cannot wait to see you cross the $7,000 in forward dividend income mark! […]

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