Dividend Update April 2021
Hey guys, today I am sharing with you the amount of dividends I received in April 2021. Currently, I am maintaining three different portfolios. My main portfolio is only dividend stock portfolio. I also invest in Aggressive stocks and ETFs and a Roth IRA. In my blog you can see all the details of those portfolios. IN April, I have added Viatris (VTRS) which recently spin offed from Pfizer (PFE). They are going to initiate dividends from May 2021. They are down almost 30% from all time highs so I added them in my portfolio. The table below shows the dividends that I received in April 2021
I have received in total $68 in dividends and I did DRIP for all the positions. The highest amount of the dividends came from Kimberly Clark (KMB) and Merck (MRK). The following chart shows the dividends received monthly from my portfolio. The chart indicates how my dividends are growing with time.
The chart below compares my monthly dividends on a yearly basis. The dividends are growing every year in the same month
The next chart shows the total amount of dividends received in each quarter and compares the total amount of dividends with the previous years.
On yield basi, the current yield of my overall portfolio is 2.54% however, my yield on cost (YOC) is 3.8%. The YOC will continue to increase because the dividend paying stocks always increase their dividends yearly so the YOC will only increase with time. On the other hand, the current yield depends on the market. If the market is in bull mode then yield will drop and will increase if the market is in bear mode. The later condition will give you buying opportunity.
The following figure shows the YOC and the current yield comparison with time. MY YOC is gradually increasing as the companies are increasing their dividends annually.
The chart below shows the average dividend income received monthly and the average amount of dividends received monthly. I am slowly increasing my passive income and if I continue to invest in the dividend paying stocks it will only grow with time.
The chart and the table below summarizes my dividend distribution in the portfolio. The most percentages of dividends I am receiving are from the Vanguard High Yield (VYM), Abbvie (ABBV), At&t (T), Kimberly Clark (KMB), The Home Depot (HD) etc.
All the dividend sources in the table format
The next table shows my dividend growth performance in the year 2021.
The next table shows my dividend growth performance in the year 2021. Last year, none of my holdings cut their dividends and this month AAPL and CVX increased their dividends.