MY DIVIDEND REPORT – Q3 IN 2019

Welcome to My 3rd Quarter 2019 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.

3rd Quarter 2019 Dividend Income

Dividend Income by Year
Dividend Income by Year

Behind the scenes graph data

3rd Qtr 2019 Dividend Income
My 3rd Qtr 2019 Dividend Income

Money Sense With Kyle Quarterly Dividend Income By Year

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 $50.95 and dividend yield 3.91 % (.48/share $1.92/year) pays a fluctuating dividend based on company results. Altria’s current stock price $46.40 and dividend yield 7.25 % (.84/share $3.36/year) pays a consistent dividend and has raised the dividend 54 times the past 50 years.

3nd Quarter 2019 Blackstone Group paid .49 / share or $2,970.97 vs .48 / share $2,880 the 2nd Quarter 2019 based on 6,063.205 shares owned. Blackstone Group Stephen A. Schwarzman, Chairman and Chief Executive Officer, said, “In the third quarter Blackstone again generated strong results for our investors, who in today's challenging environment look to our firm as a critical solutions provider. Our ability to execute on scale investment opportunities across a broad array of strategies is highly differentiated, as demonstrated by $16 billion of deployments in the quarter and a record $62 billion over the last twelve months. Our investors continue to entrust us with capital for both new and existing strategies, including nearly $150 billion of inflows during the last year – culminating in industry-record Total Assets Under Management of $554 billion, up 21% year- over-year.”

3rd Quarter 2019 Altria Group paid .84 / share or $8,672.02 based on 10,526.275 shares owned. Altria Group Inc. MO said Thursday 8/22/19 it will raise its quarterly dividend by 5%, to 84 cents a share from 80 cents. The cigarette and smokeless tobacco products seller said the new dividend will be payable Oct. 10 to shareholders of record on Sept. 16. It has now reached the 50-year dividend increase milestone, as the latest increase marks the 54th time it has raised its dividend over the past half century. The new annualized dividend rate is $3.36 per common share.

The 3rd Qtr 2019 I reinvested my dividends $8,672.02 and purchased 202.4370 shares at $42.84 stock price on 10/10/19. I now have 10,526.275 shares of Altria.

This is why Growth and Dividend stocks make good Money Sense. I will see you next quarter and report news and distribution.

MY DIVIDEND REPORT – Q2 IN 2019

Welcome to My 2nd Quarter 2019 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.

2nd Quarter 2019 Dividend Income

Dividend Income by Year

Behind the scenes graph data

Money Sense With Kyle Quarterly Dividend Income By Year

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 $45.65 and dividend yield 5.0 % (.57/share $2.28/year) pays a fluctuating dividend based on company results. Altria’s current stock price $50.53 and dividend yield 6.33 % (.80/share $3.20/year) pays a consistent dividend and has raised the dividend 53 times the past 49 years.

2nd Quarter 2019 Blackstone Group paid .48 / share or $2,880 vs .58 / share $3,480 the 1st Quarter 2019 based on 6,000 shares owned. Blackstone Group announced that it has held the final close of its inaugural fundraising phase for Blackstone Infrastructure Partners (BIP).  Together with previously announced commitments, this closing brings total commitments for BIP to $14 billion. BIP is a permanent capital vehicle focused on investing across all infrastructure sectors, including transportation, energy (utilities, midstream and renewables), communications and water and waste. BIP was formed in 2017 with a $20 billion long-term matching anchor commitment from the Public Investment Fund of Saudi Arabia.

2nd Quarter 2019 Altria Group paid .80 / share or $8,259.07 based on 10,323.838 shares owned. With legislation signed this week in both New York and Ohio, today more than 50 percent of the U.S. population lives in states that have raised the legal age of purchase for all tobacco products to 21.

In response, Howard Willard, chairman and chief executive officer of Altria Group, Inc. said: “Now is the time to move to 21, which is by far the best way to stop the rise in underage e-vapor use and is supported by an overwhelming majority of Americans. Taking this step will reduce underage access to these products. It will also pave the way for e-vapor products to realize their enormous harm reduction potential for millions of adult smokers 21 and older.”

Also, Altria Group announces that it has entered into definitive agreements with the shareholders of Burger Söhne Holding AG (the “Burger Group”), based in Switzerland, to acquire 80% ownership of certain companies of the Burger Group that will commercialize on! products worldwide. on! is an oral tobacco-derived nicotine (TDN) pouch product.

This is why Growth and Dividend stocks make good Money Sense. I will see you next quarter and report news and distribution.

MY DIVIDEND REPORT Q1 IN 2019

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

       
Quarter201420152016201720182019
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.