In April, I received $103 in dividend income

I received $103 in dividend income in April and my portfolio reached $27,665 in value.
Apr 2021 Dividend Income
Apr 2021 Dividend Income

In April, the market continued its upward trajectory to record highs. The Federal Reserve maintained near zero interest rates, record-breaking corporate earnings across the board, and the vaccinations crossed 100 million.

To end the month, the S&P 500 was up 5.2%, the Dow was up 2.7% and the Nasdaq was up 5.4%.

Highlights

  • The Federal Reserve announced it will keep the funds rate in the range of 0 – 0.25%.
  • According to FactSet, 84% of the companies that reported earnings in April have performed better than expected, and 77% have outperformed on revenues.
  • As of late April, more than 55% of Americans have received at least one dose of the Covid-19 vaccine.
  • Inflation has grown steadily, with the March consumer price index coming in at 2.6%, the fastest annual growth since August 2018.
  • Gross domestic product grew at an annualized rate of 6.4% following a slower growth pace of 4.3% in the fourth quarter.

Let’s do the numbers.

April Summary

Value: $27,665 | Gain: +$884 | Return:▲3.32% | Dividends: $103 | Investment: $375

In April, I received $103 in dividend income, and my portfolio gained $884 in value, or 3.32%. You may have noticed I am not investing as much as I was when I started investing.

Dividends Received

In April, I received $103 in dividends from the following companies:

  • SYK: $0.77
  • JPM: $2.87
  • MO: $8.84
  • CSCO: $5.98
  • XYLD: $19.96
  • QYLD: $40.06
  • SYY: $4.03
  • ORCL: $0.46
  • INTU: $0.36
  • CPT: $5.64
  • VTR: $6.03
  • WMT: $1.18
  • OC: $0.78
  • NKE: $0.67
  • FDX: $0.59
  • KO: $2.32
  • ADP: $2.48

Dividend Increases

In April, four companies in my portfolio increased dividends.

  • P&G announced a dividend increase of 10% to $0.8698 per share.
  • Costco announced a dividend increase of 13% to $0.79 per share.
  • Johnson & Johnson announced a dividend increase of 5% to $1.06 per share.
  • Apple announced a dividend increase of 7.3% to $0.22 per share.

New Positions

In April, I added 4 new companies to my The JUST 100 list; Digital Realty Trust, Target, American Electric Power Company, and Medtronic. More information about these companies and dividend safety score can be found here.

Portfolio All-time (5/10/2021)

Value: $28,135 | Gain: +$2,510 | Return: ▲10% | Link to portfolio: M1 Finance | Website | Excel

Projected Dividend Income

Annual: $1,419 | Monthly: $118

That’s it for this month. Let me know if you have any questions or feedback. It’s always wonderful to hear from you.

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