The nonPension portfolio had an increase in income of 67 cents to $82.58 going forward.
The net increase in monthly income comes from one sale, one purchase, four dividend increases, and reinvestment in several securities.
I sold about half of my Westrock (WRK), which resulted in a reduction in monthly income of $1.15. I sold half because it became worth double what it was when I purchased it, and the dividend increases have slowed down.
I purchased some Aflac (AFL), which resulted in an increase going forward of 95 cents. I bought AFL because of its larger than normal recent dividend increase.
Carnival Cruise Lines (CCL) raised its dividend 11% on April 11, which increases monthly income by 19 cents. This is the second increase in the past year.
⛅Whirlpool (WHR) raised its dividend 5% on April 17, which increases monthly income by 5 cents.
AMERIPRISE (AMP) raised its dividend 8% on April 23, which increases monthly income by 12 cents.
🌟Legg Mason (LM) raised its dividend 21% on April 25, which increases monthly income by 35 cents.
Dividend reinvestment accounted for the remaining 16 cents in additional income. The securities affected by this were
BBY, CAH, EMN, GLW, HPQ, IRM, JCI, M, UNP, VIAB.
The rate at which dividend income is growing in this portfolio, makes it appear that my goal of reaching $560 per month in monthly income by the end of 2035 will be reached successfully.
| Ticker | Shares | Avg Monthly Dividends | One Year Ago | % Change |
| AAPL | 5.152 | $1.08 | $0.98 | 10.53% |
| ABBV | 9.743 | $3.12 | $2.08 | 50.00% |
| ADM | 12.916 | $1.44 | $1.38 | 4.69% |
| ADNT | 1.000 | $0.09 | $0.09 | |
| AFL | 11.000 | $0.95 | $0.79 | 20.93% |
| AMGN | 3.163 | $1.39 | $1.21 | 14.78% |
| AMP | 5.259 | $1.58 | $1.45 | 8.43% |
| BA | 4.265 | $2.43 | $2.02 | 20.42% |
| BBY | 16.865 | $2.53 | $1.91 | 32.35% |
| BG | 9.438 | $1.45 | $1.32 | 9.52% |
| CAH | 7.274 | $1.12 | $1.09 | 3.01% |
| CCL | 11.516 | $1.92 | $1.54 | 25.00% |
| EAT | 10.707 | $1.36 | $1.21 | 11.76% |
| EMN | 7.400 | $1.38 | $1.26 | 9.80% |
| GEO | 25.008 | $3.92 | $3.92 | 0.00% |
| GILD | 6.298 | $1.20 | $1.09 | 9.62% |
| GLW | 28.435 | $1.71 | $1.47 | 16.13% |
| HBI | 24.675 | $1.23 | $1.23 | 0.00% |
| HOG | 12.796 | $1.58 | $1.56 | 1.37% |
| HPQ | 38.950 | $1.81 | $1.72 | 4.97% |
| INTC | 14.666 | $1.47 | $1.33 | 10.09% |
| IP | 14.108 | $2.23 | $2.17 | 2.70% |
| IRM | 15.973 | $3.13 | $2.93 | 6.82% |
| JCI | 10.383 | $0.90 | $0.87 | 4.00% |
| JPM | 8.397 | $1.57 | $1.40 | 12.00% |
| KSS | 12.110 | $2.46 | $2.22 | 10.91% |
| LAMR | 7.268 | $2.20 | $2.01 | 9.64% |
| LM | 16.913 | $1.92 | $1.58 | 21.43% |
| M | 13.335 | $1.68 | $1.68 | 0.00% |
| MPC | 16.963 | $2.60 | $2.04 | 27.78% |
| OHI | 17.330 | $3.81 | $3.64 | 4.76% |
| PAG | 11.321 | $1.28 | $1.13 | 13.33% |
| PFE | 16.000 | $1.81 | $1.71 | 6.25% |
| PRU | 6.438 | $1.93 | $1.61 | 20.00% |
| PSX | 6.343 | $1.48 | $1.33 | 11.11% |
| QCOM | 9.697 | $2.00 | $1.84 | 8.77% |
| R | 10.572 | $1.83 | $1.55 | 18.18% |
| SBUX | 8.123 | $0.81 | $0.68 | 20.00% |
| T | 16.793 | $2.80 | $2.74 | 2.04% |
| TGT | 7.485 | $1.55 | $1.50 | 3.33% |
| UNP | 6.317 | $1.54 | $1.27 | 20.66% |
| VIAB | 12.628 | $0.84 | $0.84 | 0.00% |
| VZ | 10.845 | $2.13 | $2.09 | 2.16% |
| WFC | 10.506 | $1.37 | $1.33 | 2.63% |
| WHR | 3.131 | $1.20 | $1.15 | 4.55% |
| WRK | 7.951 | $1.14 | $1.06 | 7.50% |
| WYN | 7.307 | $1.61 | $1.41 | 13.79% |
| | | | |
| TOTAL | | $82.58 | $74.43 | |
| Overall annual increase in dividend payments | 10.95% |
| Overall dividend yield -- dividends reinvested | 3.46% |
| Approximate annual growth rate including reinvestment and increases | 14.79% |
| Annual growth rate needed | 11.50% |
| Ahead of goal rate by | 3.29% |
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