Wednesday, May 31, 2017

May 2017 Dividends

Hello folks,

As the month of May is coming to a close, it's as good a time as any to wrap up the month with a dividend income summary. So let's get to it.

Taxable Accounts
AT&T (T)  - $13.73
Verizon (VZ) - $2.31
CVS Health (CVS) - $5.50
Abbott Labs (ABT) - $9.28
Apple (AAPL) - $4.41
Amerigas (APU) - $25.74
Prospect Capital (PSEC) - $20.35
Lazard Ltd (LAZ) - $2.87
Williams-Sonoma (WSM) - $13.65

Taxable Accounts Total: $97.84


Roth IRA Account
Toronto-Dominion (TD) - $9.83
Abbott Labs (ABT) - $6.75
Omega Healthcare Investors (OHI) - $17.72

Roth IRA Account Total: $34.30

Overall Dividend Income for May 2017: $132.14

Forward 12-month Projected Dividend Income: $1,785.96

My May Buys:
Compass Minerals (CMP) - 2 shares
CVS Health (CVS) - 1 share
HanesBrands Inc. (HBI) - 2 shares
Lazard Ltd (LAZ) - 3 shares
Vanguard Growth ETF (VUG) - 4 shares
W.W. Grainger (GWW) - 4 shares

We still have not started the joint account, so I'm continuing to add buys as long as I can, to put any surplus money to work.

I decided to once again take advantage of any pullbacks, and any stocks with attractive valuations. I did decide to add to my position in the growth ETF, which resides in my Roth IRA, as I wanted to have exposure to more growth stocks, but still receive some type of dividend/distribution payment.

Looking forward to June, I have my eyes on adding more GWW, CVS, and QCOM.

I also have my eyes on Abbvie (ABBV), Travellers Insurance (TRV), and General Motors (GM), as far as potential new positions. I look forward to researching these companies more.


My Thoughts on the Month

It is nice to summarize one of the higher paying months, after getting through the lean month of April. My additions to my CVS and WSM positions helped to increase my dividend income over the results from the previous quarter. It is also nice to see more and more of my positions paying me dividends in the double figures, meaning that I am making very good progress on growing my dividend income.

Let's take a look at the hard numbers for dividend payment history:


Month2014201520162017
January$14.38$14.42$70.45
February$49.07$50.38$112.01
March$50.22$52.16$182.28
April$10.83$27.91$64.56
May$46.52$59.42$132.14
June$6.69$47.51$90.97
July0$18.99$51.37
August$33.96$50.11$86.07
September$54.75$55.61$101.70
October$10.94$14.42$72.53
November$48.79$50.11$103.31
December$63.55$49.89$168.03


and then represented graphically



So let's summarize. After a first look at this month, and comparing with history, I very much like the results!

Y/Y:
A year ago, my May 2016 dividend income tallied up to $59.42. I was a couple months into my new DGI strategy at the time. A year later, it has grown nicely to $132.14.

That is an impressive increase of  +122.4%. No matter how you slice it, that is pretty awesome!

Q/Q:
3 months ago, my dividend income for February 2017 was $112.01. A quarter later this has gone up to $132.14 for May 2017. This resulted in a nice Q/Q increase of +18%.

Pretty cool for just a few months!

So, why the great results?

Over the past few months I have been adding to my positions, many of which were stocks that paid dividends in May (ie, WSM, CVS, LAZ). Of course this has added up over the previous months, and culminated in a nice May report.


In Conclusion:
May was a very encouraging month, evidently from looking at the healthy increases over the last quarter and the last year. June should be even bigger, as I am expecting another all-time high month for dividends paid, maybe even surpassing the $200 mark. We shall see...

How was your May 2017?

Hopefully you didn't "sell in May and go away" and rob yourself of future dividends.

Let me know in the comments!






1 comment:

  1. Wow what a great YoY increase.
    Keep up the good work

    ReplyDelete