Dividend Income Update May 2018

The beginning of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. No doubt, these are the best posts to write and read online as it only provides further proof that dividend investing can work over time and that anyone can create an ever growing passive income stream. Looking back at my May totals I see that my year over year progress is still moving at a nice clip and I look forward to calculating my half year 2018 totals in a few weeks to see where I stand relative to last year. With that being said, letโ€™s take a look back at my May 2018 dividend income.

 

Dividend income from my taxable account totaled $374.11 up from $296.58 an increase of 26.1% from May of last year.

 

Dividend income from my ROTH account totaled $238.88 up from $196.06 an increase of 21.8% from this time last year.

 

Dividend income from my IRA account totaled $167.75 up from $91.74 from this time last year. An increase of 82.9%.

 

Grand total for the month of May: $780.74 an increase of 33.6% from May 2017.

 

Brokerage Account

Year to date dividends: $2,050.07

DateDescriptionSymbolAmount
05/01/2018DIVIDEND:GISGIS$55.22
05/11/2018DIVIDEND:CLXCLX$13.66
05/14/2018DIVIDEND:APDAPD$45.13
05/15/2018DIVIDEND:HRLHRL$16.29
05/15/2018DIVIDEND:CLCL$7.57
05/15/2018DIVIDEND:ABBVABBV$131.49
05/15/2018DIVIDEND:ABTABT$22.31
05/15/2018DIVIDEND:PGPG$20.22
05/15/2018DIVIDEND:ADNTADNT$1.85
05/21/2018DIVIDEND:CATCAT$59.17
05/29/2018DIVIDEND:VSMVSM$1.20
Total: $374.11

ROTH Account

Year to date dividends: $911.41

DateDescriptionSymbolAmount
05/01/2018DIVIDEND:GISGIS$18.07
05/01/2018DIVIDEND:TDTD$92.79
05/15/2018DIVIDEND:HRLHRL$1.71
05/15/2018DIVIDEND:PGPG$8.25
05/21/2018DIVIDEND:CATCAT$51.27
05/25/2018DIVIDEND:SBUXSBUX$2.11
05/25/2018DIVIDEND:RYRY$64.68
Total: $238.88

IRA Account

Year to date dividends: $445.70

DateDescriptionSymbolAmount
05/22/2018DIVIDEND:HCPHCP$60.93
05/23/2018DIVIDEND:WELLWELL$65.96
05/31/2018DIVIDEND:LTCLTC$5.75
05/31/2018DIVIDEND:SBRASBRA$35.11
Total: $167.75

 

Looking at the figures above I cannot complain as my dividend train keeps chugging along churning out that passive income despite currency headwinds, economic headwinds, terror across the world, saber rattling from North Korea, Russian troops in Ukraine, The Nigerian delta under attack curbing the flow of oil, floods, earthquakes, volcanos, etc. etc. I think you get the point. There will ALWAYS be negative financial, civil, health news and more. Even during the best economic times there will always be an opinion citing concerns. The question is will you react to the headlines or stay the course?

 

Are any of these dividend stocks in your portfolio too? How was your May dividend income? Please let me know below.

 

Disclosure: Long all above

23 thoughts on “Dividend Income Update May 2018

  1. Keith,
    So far this year I feel like Iโ€™m having a very good year with dividend increases. Many of the companies I own have broken to the upside versus past dividend increase trends. This is great and you may be seeing it too? Partly because of the new tax code and mainly due to record profitability, I’m glad to see our mutual companies sharing the wealth. Tom
    Tom @ Dividends Diversify recently posted…Do You Want a Pepsi with That?My Profile

  2. Great month. Quite the position you have in ABBV. They are really pulling a lot of weight for you this month. I finally have a small position with them which is looking good so far. Lucky you were able to get so many shares off the spin off. They have performed really well for you since then. Especially with that last huge dividend increase in the beginning of the year.

  3. Hi Keith –
    Nice progress and – as always – a very clean recap. Thanks for sharing.

    Similar to others in the dividend community, you have a nice balance of individual names. I also like though that you’re taking advantage of various account types. This is helpful to balance out returns from the taxable vs. non-taxable perspective.

    For us, May was a solid month overall. We’re still attempting to diversify the frequency of our payers beyond the third month of each quarter. T is our current single name dividend payer, but we’re watching some others to make a potential move soon.

    Thanks again for the post. – Mike
    Mike at Balanced Dividends recently posted…Finding Balance: Closing Time in Chi-TownMy Profile

  4. Keith,

    A 33% gain at this level is huge. We share a bunch of positions, and I cannot wait to grow those and add more. It feels very good to be able to build an income stream that requires minimal work compared to the day to day.

    – Gremlin

  5. Hut –

    Wow… impressive. Up over 33% since May of 2017. Can you keep that rate up? You damn well know what will happen if you do : ) Also – Think HCP will bring back dividend increases any time soon?

    -Lanny

  6. Great progress, and that encourages me as we have quite a few similar holdings. It looks like our positions in ABBV and ABT are very close as well.

    How are you feeling about LTC? I’m looking to build up a REIT position soon once an old pension transfers, and their freeze of the dividend has me a little apprehensive on them.

  7. Divhut – another excellent month! Congratulations on another great month. Man it has been a blast watching your journey and seeing your portfolio grow over the year. The best is yet to come my friend!

    Bert

  8. Totally agree with you Div. There is never a “right” time to start. There will always be negative news. One must simply do their research and invest in good, stable businesses for the long run and should be just fine. Congrats on a great month!
    Money Hungry recently posted…Dividend Income May 2018My Profile

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