May 2016 Dividend Income

During the month of May I enjoyed another stream of dividends from the worlds most powerful brands and products. I start sounding like a broken record how much I love receiving dividend income, but I hope everyone understand the true nature and growth potential dividend income has over time. This is one of the reasons why I recently created a sleek and up to date Compound Interest Calculator and Dividend Growth Calculator for everyone to use. I hope you guys enjoy playing and estimating your ticket to financial freedom.

I enjoy publishing these monthly dividend income reports as I have gained a much 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 straight to my brokerage account. Anyways, here are the dividends!

 

AT&T, Inc. (T)	$51.26
General Mills, Inc. (GIS)	$21.10
Verizon Communications, Inc. (VZ)	$23.73
Apple, Inc. (AAPL)	$16.09
Costco Wholesale Corp. (COST)	$5.85
Kinder Morgan, Inc. (KMI)	$19.95
Procter & Gamble Co. (PG)	$26.62
Realty Income Corp. (O)	$9.66
Total	$174.26

 

When statistically comparing last years dividend income total from May 2015 to May 2016, it represents a negative 13.5% for a year over year decreased dividend growth. The decrease is primarily the cause of dividend reduction caused by KMI. The growth difference from last quarter is positive 2.7% for a quarter over quarter increased dividend growth. The QoQ increase is essentially due to annual dividend raises.

I will DRIP the following upcoming month: BKE, COP, KMI, MAT, TROW & UNP.

The dividend income page is updated accordingly.

Thank you for reading & have a great day!