Dividends Received for April - $49.72

Written by The Dividend Guy on April 28, 2006

April is usually a pretty good month for me in terms of dividends received in my account. This year’s was really no different.

In total I received a total of $49.72 in dividends from the companies I own. Here is how it breaks down:

Coca-Cola: $10.91
Merck & Co: $15.02
BCE: $19.24
General Electric: $4.55
General Electric: $4.55
General Electric: $4.55
TOTAL: $49.72

Of course, due to my sale of Merck I will no longer be receiving those dividends, which I admit are substantial. However, I am looking for a strong company with good dividend growth and I do not believe Merck is that company. I know I can find something better that holds more promise in the future.

All of these dividends were reinvested back into the underlying security. Next dividend date, I should receive a higher payout due to the increase in shares that I have as a result of the reinvestment. That is what I love about this. With very little work, my income keeps going up.


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1 Comment so far

  1. empty spaces May 9, 2006 10:40 pm

    what ROI is this $49 dividend?

    i just got a check for $300 from my 2nd trust deed. don’t you love getting $$ in the mail :-)

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