Dividend Update: May 2017

It’s time for my favorite type of post: a tally of the dividends I received in the prior month. Given my strategy of DGI, it is really the dividend payouts that I care about. For each of the companies I invest in, I like to see a steady and growing stream of dividend payouts.

So how did I do in May?

Last month 10 companies sent me a dividend payout, adding up to a total of $216.

I am glad to report that this was another $200+ month for me. With the exception of February – so far every month of 2017 gave me at least two Benjamins in monthly dividend payout.

Receiving over $200 dollars each month in dividends makes buying my next addition to the portfolio a little easier. You could say that my own little version of ‘The Snowball’ is starting to pick up some pace!

In addition: as we are approaching the end of H1 , I am growing more and more confident that I can attain my goal of receiving 3,000 in dividend payments this year.

The following table shows the tickers of the companies that made a May 2017 dividend payout to my portfolio. It features the dividend amount I received and any change in payout as compared to the last payout moment.

 

Virtually no changes this month as compared to these company’s last payout.

A modest increase by Omega Healthcare Investors (OHI) brings my payout to $63 every quarter. All other companies left their payouts unchanged in May.

Comparing the dividend payout of May 2016 to May 2017 (below) shows an increase from $71 to $216- YoY growth of 204%.

Dividend Payout May 2017
Dividend Payout May 2017

How was your May and its dividend?  Leave a comment/reply to share your thoughts!

4 thoughts on “Dividend Update: May 2017”

  1. Great report Tall. I own several of the companies that paid you dividends in May, including T and ABBV. Seriously considering adding VZ, OHI and SBUX, Although, I must admit that the only reason I like SBUX is because I go there everyday and spend money. I figure, why not own part of the company too.

    At $216, you made more in a month than I’m projected to make in a year. I’m so jealous. But slow and steady wins the race.

    Looking forward to more awesome reports.

    1. SBUX – with a P/E ratio close to 30 – certainly ain’t cheap but you are buying one of the most popular and recognizable brands on the planet. Plus a dividend growth rate that has been astonishing in the last couple of years (~25%).

      On a personal and anecdotal level I love the company too.. especially their recent successes with mobile ordering and the Stars Loyalty System. You could say they gamified their ordering system, very clever!

      Thanks for stopping by and your kind words. I ain’t done yet, and using the power of compounding you should see ever increasing returns too!

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