Welcome to My Dividend Report. This Report is dedicated to tracking my quarterly dividend income. Many of you already know I love Growth and Income stocks as a great way to beat inflation while companies pay you to wait while they execute there growth plans. My Goal is to average $5,000/month or $15,000/ quarter in dividend income.
Current Dividend Income
Behind the scenes graph data
Money Sense With Kyle Quarterly Dividend Income
| Quarter | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| Q1 | $8,040.00 | $9,620.00 | $9,035.00 | $8,622.53 | $11,643.79 | $11,739.07 |
| Q2 | $6,660.00 | $10,280.00 | $7,055.00 | $11,015.00 | $9,040.39 | |
| Q3 | $7,860.00 | $9,380.00 | $7,535.02 | $9,035.00 | $10,706.69 | |
| Q4 | $7,580.00 | $8,307.50 | $8,262.53 | $9,183.79 | $12,099.07 | |
| Summary | $30,140.00 | $37,587.50 | $31,887.55 | $37,856.32 | $43,489.94 | $11,739.07 |
| Delta | 19.8% | -15.9% | 15.2% | 13.0% | ||
My dividend income is devised of investments in Altria (MO) in the Tobacco Industry and Blackstone Group (BX) in the Asset Management Industry. Blackstone Group current stock price $44.42 and dividend yield 5.0 % (.54/share $2.17/year pays a fluctuating dividend based on company results. Altria's current stock price $47.35 and dividend yield 6.76 % (.80/share $3.20/year) pays a consistent dividend and has raised the dividend 53 times the past 49 years. As you can see in the chart above annual total dividend payout dropped (-15.9%) in 2016 due to Blackstone Group reporting market fluctuations. 2017 and 2018 bounced back at 15.2% and 13.0% increase in total annual income. Also in 2018 Altria raised the dividend twice 6.1% and 14.3% for a total 20.4% dividend increase in 2018 due to the Trump administration corporate tax cuts. Altria's corporate tax rate dropped from 35% down to 21% which freed up a lot of cash to be distributed back to stockholders in the form of dividends and stock buy backs. This is why Growth and Dividend stocks make good Money Sense. I will see you next quarter and report the distribution.
