May 2015 Dividend Income

Dividend income money There goes another month, as it is that time again to update the total monthly dividend income received for the month of May. These types of posts are one of the ways to prove to the world that there are many different approaches to generate passive income. Dividend income is just one of these ways, as it truly is a quiet compounding machine that sits quietly off in my brokerage account and continuously functions. While I go about my business and my daily routines, it does its own work, with no, to very little management needed. The key idea of passive income with a strategy of dividend growth investing is harnessing the true power of time and capital growth. This incredible accumulation of small gains over period of time delivers more modest gains and eventually into enormous ones as it holds the essential power of compounding.

I enjoy publishing these dividend income reports as I have gained a better understanding in how much of my passive income is coming in every month and how much it is growing over time. For the month of May, I have received a total of 8 diversified direct deposits in the form of dividends.

When comparing last years total in May 2014 to May 2015 dividend income , it presents a negative 7.7% for a year over year decrease. The difference from last quarter is negative 10.6% quarter over quarter decreased growth. Though, it is primarily due to AFL and COP being paid out in June rather than May.

  • AT&T, Inc. (T) – $48.85
  • General Mills, Inc. (GIS) – $19.88
  • Verizon Communications, Inc. (VZ) – $23.10
  • Apple, Inc. (AAPL) – $14.60
  • Costco Wholesale Corp. (COST) – $5.20
  • Kinder Morgan, Inc. (KMI) – $54.85
  • Procter & Gamble Co. (PG) – $25.92
  • Realty Income Corp. (O) – $8.98

Total – $201.38

Goal: With 5 months behind, I am 35% of my goal complete.

The dividend income page is updated accordingly.

Thank you for reading & have a great day!

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14 Comments

  1. DivHut on June 1, 2015 at 14:59

    Thanks for sharing your recent dividend income update with us. I see we share a couple names for the month of May. Looks like you’ll need to juice the second half of 2015 to reach your income goal. Do you plan to invest more towards the second half of the year? Be well… great results no matter how you look at it (even with the slight decrease).

    • DividendVet on June 1, 2015 at 18:44

      Pleasure is all mine, as I hope these updates serve at least some value out there on the web.

      Yeah, I am definitely a bit behind the goal as of right now, but text month should be huge, so we will see. I’ll just continue to save, invest, and watch it grow baby grow. 🙂

      Best of luck.

  2. Dividend for Starters on June 2, 2015 at 08:58

    Hey DividendVet,

    You’ve accumilated a very nice and well balanced portfolio over the last few years!
    Your dividend income is just the result of this fact.

    Keep on grinding that passive income!

    Best wishes, DfS

    • DividendVet on June 2, 2015 at 10:12

      Thanks, I appreciate it! While I think the portfolio is just in its infancy, I am always looking to grow and improve it. The important thing is to always keep on moving forward. The dividends will come automatically.

      Looks like you are making a very nice portfolio for yourself as well.

      Thanks for stopping by!

  3. roadmap2retire on June 2, 2015 at 10:33

    Nice going, DV. Congrats on the dividend income!

    R2R

    • DividendVet on June 2, 2015 at 10:50

      Much appreciated, the dividends never stop rolling in. That’s the way I like it. 🙂

      Hope all is well.

  4. Dividend Beginner on June 2, 2015 at 21:59

    Hi DV,

    Good job man; keep it going! Nothing quite like going about your day and receiving money in your brokerage accounts throughout the month.

    Best regards
    DB

    • DividendVet on June 3, 2015 at 08:42

      Thank you. Yeah, it is truly as passive as income comes. But better, because it grows on annual basis increasing your yield on costs and your total return on annual basis. Even if I were to forget about it for couple of years it would be there doing its thing and amassing capital.

      Take care.

  5. Dividend Mantra on June 5, 2015 at 12:58

    DV,

    Awesome work, bud. Just a slow, steady march to financial freedom. Keep it up!

    Best regards.

    • DividendVet on June 7, 2015 at 20:37

      Thanks, financial freedom is the name of the game. It has been a massive learning experience and the journey itself has been vastly much more rewarding than I have ever thought. Definitely marching towards it closer and closer with each dividend received and each purchase initiated.

      Good hearing from you.

  6. Dear Dividend on June 7, 2015 at 07:32

    Great returns for May. Way to go!

    DD

    • DividendVet on June 7, 2015 at 20:43

      I appreciate it! While it is a down month for a number of reasons, it still holds reasonably significant. Next month should be much better.

      All the best to you too.

  7. Retire29 on June 9, 2015 at 09:52

    $200 is pretty solid, so if next month will be “huge,” then it seems like $2,700 on the year is a shoe-in. Well done. Lotta good names in there, as well.

    Eric

    • DividendVet on June 9, 2015 at 12:41

      Thanks, $200 is nothing to brag about, but I still find it pretty reasonable amount of money especially when it keeps on rolling in month after month. Though time, that simple $200 can turned into much more when it is used properly, such as for the purpose of reinvesting it back into the market where in turn it can feed the machine.

      Best wishes.

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