April was another positive month towards my dividend investment goals. I decided to sell my 18 shares of BXMT for $553.21 after fees. I bought 18 shares of BXMT for 529.74 back in November of 2016 which gives me a profit of $23.74. I turned around and bought 32 shares of NRZ at $17.16/share for $554.07 after fees. The forward dividend for the 18 shares of BXMT was $44.64 while the forward dividend for 32 shares of NRZ is $61.44 or a difference of $16.80.
I added $635.00 to my account which I used to buy 30 more shares of KNOP at $23.64/share for $714.45 after fees. The forward dividend of 30 shares of KNOP comes to $62.00 which means after this month’s purchases my forward yearly dividend is now $976.34 and my dividend yield is now 9.12%.
The dividend payout for this month was $156.99. This is a difference of $122.48 over what I received last April. This also tops January’s dividend payout by $40.72. After April the dividend payout for the year is now at $344.87 or $57.91 shy of what I received last year in dividends. This is what we are all here for and seeing increases like this is why I started this adventure. I cannot be any happier with my progress and I continue to look ahead to the future.
| Stock | # Of Shares | Avg Share Price | Total Cost | Forward Dividend |
|---|---|---|---|---|
| Sold: | ||||
| BXMT | 18 | 31.01 | 553.21 | -$44.64 |
| Bought: | ||||
| NRZ | 32 | $17.16 | $554.07 | $61.44 |
| KNOP | 30 | $23.65 | $714.45 | $62.40 |
| Stock | Dividend Payout |
|---|---|
| MAIN | $4.63 |
| CIM | $55.00 |
| CLDT | $5.50 |
| APLE | $6.00 |
| BXMT | $11.16 |
| UNIT | $24.00 |
| DLNG | $50.70 |
| Total | $156.99 |
Happy trading and see you in retirement!
