April Dividend(s)

So we're at the start of a new month.  I want to take the first blog post of every month and dedicate it to what I made in dividends the month before.  It will be a short post, especially at the beginning, but eventually I'll be able to look back and see what compounding and additional investment have done for my ongoing incoming.

I'm going to be focusing the first few months of additional capital on Realty Income Corp (O).  I'm doing this both for income and for psychological reasons.  They are known as the "Monthly Dividend Company."  Heck they even trademarked it.  And even if they named themselves that, it is true.  They pay their dividend every month, and they've done it (and raised it) for 20 years.  So putting my initial capital investments there will help jumpstart my portfolio, and the monthly payments (as opposed to quarterly dividends) will keep me motivated at the start until I can really start spreading the money around to more traditional dividend stocks.

So here is what I got paid in April:


So that is not the greatest start in the world.  A gain of $0.20 for the month.  It even came from a stock I bought before I started the blog.  I used a formula I found in a book to pick it.  But it is something that I didn't have before, even if it is only 72 thousandths of a share.  I'll be collecting 2 dividends in May, so this type of post come June will be slightly more exciting, but not by much.  Not too much to analyze here either.  I picked up 2 shares on 3/2.  I only had $60 to invest at the time.

But stay with me, I'll have more to say on this and other topics soon, and I'll even give a small book report on the book I used to pick VVI.  Have a great start to your week!


Is your money making you money?