Another month is in the books and it is time to report another solid dividend dollar for the month of May 2017. But before that, I would like to take some time and reminisce on the extreme simplicity of this passive income model. Just think how wonderful our stock market is, a place where people can buy from large to small type and some even extremely complex businesses that share their profits with anyone that wants to buy in and be a partner. Almost a perfect sort of communist sharing system with a twist of deep capitalism spirit!
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 9 diversified direct deposits in the form of dividends straight to my brokerage account. Here it is!
|AT&T, Inc. (T)||$52.33|
|General Mills, Inc. (GIS)||$22.02|
|Verizon Communications, Inc. (VZ)||$47.93|
|Procter & Gamble Co. (PG)||$27.86|
|Kinder Morgan, Inc. (KMI)||$20.45|
|Realty Income Corp. (O)||$10.24|
|STAG Industrial, Inc. (STAG)||$5.25|
|Apple, Inc. (AAPL)||$24.96|
|Costco Wholesale Corp. (COST)||$97.50|
When statistically comparing last years dividend income total from May 2016 to May 2017, it represents a positive 62.5% for a year over year increased dividend growth. A big boost to this growth came from previous VZ acquisition. Plus, COST has come through with a huge special dividend of $91.00 for the shares I own.
I will DRIP the following upcoming month: BKE, COP, JNJ, KMI, MAT, O, STAG, TROW & VFC.
The dividend income page is updated accordingly.
Thank you for reading & have a great day!