My biggest dividend total so far, it seems like each month I'm getting larger and larger payments. Gotta love that. You'll notice that I have a lot of "Ordinary Dividends" on this list. This is because I have a large number of REIT's (Real Estate Investment Trusts) this month, two of which (O and MMT) happen to pay monthly. Typically your average stock will issue a qualified dividend, however REIT's issue ordinary dividends. The difference is how they are treated as taxable income. An ordinary dividend is taxed at a higher rate around 33% as opposed to a qualified dividend which is taxed a lower rate around 15% I believe. This is something to consider before buying any REIT stock.
DESCRIPTION | SYMBOL | AMOUNT |
ORDINARY DIVIDEND (MMT) | MMT | 11.97 |
QUALIFIED DIVIDEND (SYY) | SYY | 18.48 |
ORDINARY DIVIDEND (HTS) | HTS | 38.5 |
ORDINARY DIVIDEND (O) | O | 18.12 |
QUALIFIED DIVIDEND (PNY) | PNY | 11.16 |
QUALIFIED DIVIDEND (MO) | MO | 26.4 |
QUALIFIED DIVIDEND (WMT) | WMT | 15.98 |
ORDINARY DIVIDEND (UHT) | UHT | 31 |
April Dividend Total - $171.61
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