All right, so the total this May was $209.45. This means 30,7% increase year-over-year. Generally speaking I would like to see at least 20% growth every month, so this was clearly above that target. For the first time I made over 200 during mid-quarter month! And from now on, it should become a habit.
Good progress at EMA.TO and PG thanks to dividend raises and additional shares bought. And of course HRL as a new investment compared to last year. But the biggest income producer continues to be OHI. Here are my dividends in a graph:
Total dividends during months 1-5 this year: $2,247.65 This is 19,0% increase from last year. My goal for this year was: $3,900. But, this goal started to look too easy, so I decided to re-adjust the goal to $4,000! This would mean approximately 21,8% increase to 2017's income.Wow, now that is much tougher goal.
I stayed on the buying front through May. I added to my existing positions at AQN.TO, KMB, LEG, MDT, ORI, PPL and WPC. My Portfolio page has been updated to reflect these trades.
On the right my annual dividend totals. In five months I stormed past the 2014 total. But now the eyes will turn into coming months. All these companies should pay dividend again in August. Before next ex-dividend date I'm currently looking to buy additional shares at GIS, HRL, PG and RY.TO.
Please note that I don't make any currency conversions here. I report dividends as they appear in their own currency. This time EMA.TO and RY.TO were paid in CAD, and the rest in USD. Additionally all numbers are before taxes. This prevents currency fluctuations and tax hassles from affecting my progress.
Thanks for reading. Dividend Income page has been updated to include May dividends.
Disclosure: Long all stocks mentioned