Dividend Income Update – May 2014

It’s the beginning of the month which means it’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my two dividend income portfolios.


Brokerage Account

Year to date dividends: $854.85

Total : $172.79


ROTH Account

Year to date dividends: $144.74

Total: $22.69


Disclosure: Long all above

28 thoughts on “Dividend Income Update – May 2014”

    • Hi R2R,

      Thanks for the well wishing. I’m happy with whatever is coming in. All I know is that the snowball is getting larger slowly but surely.

    • Hi DD,

      Thank you for the encouragement. I look forward to sharing many more months of dividend income progress!

  1. DivHut,

    Great month there! And on a typically slow month. Well done. 🙂

    I definitely want to join you in ownership in a couple of those companies, specifically GIS and CL. One day…

    Keep up the great work!

    Best wishes!

    • Hi DM,

      Always appreciate the comments. I’ll take whatever comes in. Slow month, fast month… it’s all dividend income to me 🙂 GIS & CL are some solid investments. As you know, we are all waiting for better prices to get in or add. Be well!

    • Hi MDP,

      Thank you for the comment. I am looking to build both actually. The taxable just had a head start which is why it is so much bigger. I plan to max out the tax deferred every for as long as I can.

  2. Great! I only received 20$ from PJC-a.to (Jean Coutu) in may… It sounds like nothing but it makes me feel like a kid in a candy shop lol But I’m just starting this dividend growth strategy so I’m sure next year will yield me some interesting dividends!

    I have some cash aside for the next dip… Will it ever come?! I guess I’m too conservative to buy stocks at these valuations… Maybe it’s going to serve me well.. Maybe not!

    I like Lowell Miller’s equation :

    High quality + high yield + high div growth = high total return

    New records of the Dow… All times highs… That’s all we hear about these days!

    I wish I had a crystal ball… But I guess I’d buy a winning lottery ticket instead of dividend growth stock!

    Keep going!


    • Hi Allan,

      We all have to start somewhere. My first dividends were also all less than a dollar but between dividend growth and new capital the cents turned to dollars. Just keep at it and don’t panic sell if a major decline happens and you are invested in quality companies. It’s always good to have cash on the side. I am never fully invested. Believe me it pains me to see the cash earning pennies each month sitting there but it’s good to have dry powder when new buying opportunities arise. Love the equations too. Thank you for stopping by.

  3. Hi DivHut,

    Congrats! June should be a lot higher too!

    I’ve been wondering what to do with my Roth account – I was originally using it for investments that I couldn’t get in my 401k (TIPS / REIT) but since switching jobs last year my 401k offers those now. Switching to stocks now and exchanging back to something more conservative nearer retirement is something for me to consider.

    Keep watering those dividends so they grow faster!

    • Hi DL,

      Thank you for the well wishing. June is always a fun month for dividend investors. Regarding your ROTH etc. and moving to more conservative investments I think you are making a good call as you near retirement. Personally, I don’t have any REITs, MLPs, etc. because a lot of them seem too aggressive for me. But, as long as retirement is a while away I guess you can “play” with higher risk investment vehicles. Thanks for the comment.

  4. Great month! Excellent income! Congrats on your wealth building effort. I agree with you it is my favorite topic to write about too. I am little bit jealous since I neglected my dividend building effort recently over options. My strategy is to build enough cash throughout the year and then invest proceedings into dividend stocks, so I hope and believe my dividend income will jump up soon too 🙂

    • Hi Martin,

      Always good to read your comments and thank you for the well wishing. As you know I have been interested in options for a while and note that covered calls and writing puts seem to be the way many bloggers generate premium income. Don’t be upset about the past. It seems like you have a much clearer vision these days with raising cash and putting it to work with some dividend growers. Look forward to seeing your progress in the coming months as well.

    • Hi DW,

      I know what you mean. There was time when I was light on cash and didn’t inject any new capital for almost a year, but between compounding and dividend increases and reinvestment new and more shares were always being bought. The fun part of dividend investing, right? Thanks for stopping by.

    • Hi AG,

      Thanks for stopping by. Between some nice dividend increases and some new capital injected the dividends are set to beat 2013 totals. It’s always nice to see an income rise from year to year unlike when you work a regular job from year to year. Keep checking back to view my progress!

  5. Great month and from solid companies DivHut. I am slowly trying to rebalance and de-risk my portfolio. I hope to have many of the companies you have posted in your charts above. I’m just trying to find attractive entry points which as you know can be challenging these days. Cheers! AFFJ

    • Hi AFFJ,

      Finding attractive entry points these days is more than just a challenge. It is almost impossible. What I suggest is to nibble on some of the great stocks instead of starting with a large position. This way if a drop occurs you can always average down. As you can see from my portfolio the risk factor is somewhat dampened because I hold a lot of defensive stocks. They might not be high fliers in terms of capital appreciation or high yield but they do offer stability and good dividend growth. Thanks for your comment.

    • Hi AAI,

      Thanks for the support. The consumer stapes sector is a great start for anyone wanting to build a dividend income portfolio. Keep checking back for more updates!

    • Hi PIP,

      Thank you for the words of encouragement. This has been a portfolio that I have built up over many years and I am happy with the steady growth of dividends too. Thanks for you comment.


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