May 2017 Dividend Income

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
Total	$308.54

 

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!