It’s another month and time to report on my dividend income from April. I’ve split my monthly update into two posts starting this month; today’s post focuses on dividend income and my income portfolio. The next post will be on monthly expenses, changes in my Wet Worth and an update to my progress.
Most of my portfolio is actually in Vanguard funds; the individual stock portion is steadily growing and the portfolio as a whole is steadily tilting towards stocks and stock funds. But first let’s see take a look at the income for April since that’s probably what you’re interested in!
Total dividend income from my portfolio in April was $341, an expected decrease from last month’s $787 since not as many companies pay dividends in the first and second months of the quarter. Back in April 2014, I earned $256 so this is an increase of 37% over the same time last year.
The following chart shows the cumulative dividend income so far this year compared to previous years. It’s good to see that I’ve already beaten the income from May last year so far this year.
The chart below shows what contributed to my total income of $341 this month.
I received income stocks as well as my two Bond mutual funds.
Dividend income from stocks
9 stocks paid dividends this month as shown below.
The yield calculations are annualized, or extended forward a year based on the current dividend payment against the market value. They don’t include contributions from stocks added after the ex-dividend date so they may under-estimate the value.
Dividend income from funds
I received most of my income this month from my two bond funds, VWEAX (Vanguard High-Yield Corporate Bonds) and VWESX (Vanguard Long-Term Investment Fund). These pay their distributions monthly . The two stock funds that I own pay quarterly income so they only show up in March, June, September and December.
My Income Portfolio
Here’s an overview of my Portfolio and how it’s made up as of the end of April 2015.
It consists of individual dividend stocks as well as 4 Vanguard mutual funds and some cash that I’m holding in reserve.
The following table shows the detailed asset allocation in my portfolio.
Overall this month my portfolio of both stocks and funds increased by $6,790 to $200,091, an increase of 3.5%. My unrealized gains increased from $11,688 (6.44%) to $14,491 (7.81%). The underlying performance isn’t as high however since I added additional capital, so how did that affect things?
This month I added $3,987 of new capital. $1,200 was from my weekly $300 Sharebuilder purchases where I added LMT, EMR, DEO, PG, TROW and QCOM. I also purchased $630 of VHDYX, $100 of VTIAX and $200 of VWEAX. Finally I added $1,857 of new cash to my cash reserves as I’m transferring some savings into my income portfolio.
Since the overall increase in market value was $6,790 and I added $3,987 of new investments, this implies a market value increase of $2,803 or about 1.45%. I’m still excited that this is the first month ever that I’ve broken the $200K limit, and I’m up about $26,000 since the start of the year.
Quote of the Day
Your success depends mainly upon what you think of yourself and whether you believe in yourself.