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

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.

Published by Kyle

My name is Kyle and I am living the American Dream Financially Independent . I am a Financial Blogger at, Entrepreneur, Serial Angel Investor, Angels & Entrepreneurs Network, ATFS Certified Tree Farmer, and 2021 Arkansas Century Farm.

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