It’s been a while since I posted. But, as I mentioned before, the busy season is upon me. I wish I could say the end is in sight, but the truth is, it’s just beginning. This may continue until the end of the year, but probably through August. Hopefully, at that time, if I’m still in a good mood, then all will be well. In the meantime, I will continue to report my monthly dividend income reports. I still enjoy reporting on the previous month’s dividends and checking to see if I broke any records. This blog has been very therapeutic and it really helps that I like what I do. But enough stalling, let’s see how I did for the month of May.
Dividend Income
In May, I received a total of $79.33 in dividends broken down as follows:
| NO. | STOCK | NAME | DIVIDENDS |
| 1 | AAPL | Apple | $7.56 |
| 2 | ABBV | Abbvie | $20.35 |
| 3 | GIS | General Mills | $11.33 |
| 4 | HRL | Hormel Food | $7.86 |
| 5 | O | Realty Income | $7.98 |
| 6 | PG | Proctor & Gamble | $12.42 |
| 7 | SBUX | Starbux | $7.04 |
| 8 | T | AT&T | $32.70 |
| $79.33 |
I believe this is the largest dividends I’ve received in a single month. It’s definitely up from the last quarter, which at that time was at $77.66. I’m inching closer to that 3-digit mark in a single month.
Annual Comparison
Below is a graphical representation of my dividends this year as compared to last year.
Because it’s hard to see, here is the raw data.
| MONTH | 2017 | 2018 | Rate |
| April | $0.41 | $31.47 | 7575.61% |
| May | $2.85 | $79.33 | 2683.51% |
As you can see, I made a $2683.51% increase from last year. This was smaller from the massive 7575.61% increase I had in April, but that’s to be expected. As the months go by, the level of increase from the previous year will get more smaller. Still, I can’t complain and I like that massive growth from last year.
Finally, the Dividend Tracker has been updated.
Forward Annual Dividends
At the time of this writing, my forward annual dividends is $968.58. A month ago, my forward annual dividends was $903.71. Hopefully, in June, I’ll be able to cross the 4 digit mark in forward annual dividends. Until then, I will keep making my minimum monthly contributions to my dividend portfolio.
I didn’t add any new stocks in May and I don’t think I’ll be adding any new stocks for a while. Things are a little bit crazy right now, and so I need to ensure that my finances are a little bit more stable before I spread myself too thin. Case in point, my mom requested additional money for surgery. That’s $1800 out of my pocket that I wasn’t planning on spending. I’ll update more in my progress report post, but sufficed to say, a lot is going on right now.
Conclusion
By all accounts, May was a good month. I received the most in dividends and earned a substantial increase in dividends as compared to last year. But, while the past was solid, the future is still uncertain. Through difficult times and good times, my hope is to be able to contribute at least the minimum amount to my portfolio and continually update this blog.
How was May for you? Did you break any records? Let me know your thoughts by commenting below.
Hey DP, welcome back. And back with a vengeance I might add. Almost 2700% increase is just insane. You have deployed some major capital in the past year my friend.
We share 5 companies paying us sweet dividends: GIS, HRL, O, PG and T. For me May was a new personal record with €26,14. A measly 113% increase compared to yours but I’m still stoked 🙂
Sorry to hear about your mom’s surgery, I hope she’ll be alright. Good fortune to you and yours!
Mr. Robot recently posted…May 2018 Dividend Report
Thanks Mr. Robot and congrats on that triple-digit increase from last year.
That’s a nice diversified set of companies. Your growth numbers are through the roof. Congrats!
It’s important to have our priorities set well. Helping your mom in financial need is right on top of the list, mate. Hopefully you’ll cross that $1.000 mark soon.
Good luck with investing and I hope your mom will be fine.
Thanks Glen, and I hope she will be fine too.
Hi Glen –
Nice report and great progress YoY. You have a number of good names that pay out in the 2nd month of each quarter.
We’re currently only holding T but soon looking to get our second individual name beyond T and our funds / ETFs.
Thanks again for the post. – Mike
Mike at Balanced Dividends recently posted…Passive Income & Portfolio – May 2018 Update
Hey Mike, T is one of my favorite companies. I’ll be interested to know what second stock you will be acquiring beyond T.
Glad you are keeping the blog active DP while you are so busy with work. Good job with the dividends as always. Tom
Tom @ Dividends Diversify recently posted…Flex Your Main Hustle Muscle | Part 1
Thanks Tom
WOW! Four digit YOY increases, closing in on 3-digit months and 4-digit forward annual income! Plus a record breaker! Now that is a fantastic month! 😀 Congrats DP! Keep up the great work! 🙂
My Dividend Dynasty recently posted…May 2018 Dividend Income
Thanks Dynasty – looking forward to crossing that 4-digit mark.
CONGRATS ON THE NEW RECORD! What a great accomplishment Dividend Portfolio. The charts and you’re progress is amazing. Keep up the great work and keep on pushing. I can’t wait to see you put up a new record in the coming months once again 🙂
Bert
Looking forward to it as well Bert.
Hi DP. Yes, focus on your family and work. Luckily, the dividend portfolio will just do its thing in the background and will be ready for your return once life slows down. I like your plan to stick with your monthly contributions if it doesn’t present any financial stress.
I look forward to you crossing over those 3-digit month and 4-digit forward dividend income numbers.
Engineering Dividends recently posted…Recent Sell – SCG
Thanks ED. I will definitely be sticking to that plan. And once I can, I’ll either raise the monthyly contribution or just give a boost here or there to my portfolio.
I know what you mean by the busy season. And by the looks of it, your portfolio is working overtime for you. Those are some ridiculous growth numbers! Slowly catching up to me. I think come next year, you should surpass me. Don’t have the available capital like I used to. But hopefully that picks up in a few years after school is done and paid off. Glad to see you pulling some serious dividend numbers.
Hey Daze, thanks for the comment. I actually hope to surpass you sometime this year. We will see how it goes buddy 🙂
Hi,
thanks for publishing your monthly dividend income. As an example to follow, I added you to the list of Income Heroes available here.
https://dividendstocks.cash/blog/income-heroes/
I trace your progress since 14 months and hope you like. Keep on your good work,
Torsten
Thanks a lot Torsten. I will check it out soon, and maybe even blog about it!
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Although I’ve rebuilt my portfolio, a $1000 in forward dividend income is in sights. I’m sure I will hit it again within the next two years.