May was a great month for me. I made a few quality purchases, upped my contributions to Loyal3, started several new portfolios and beat my February 2016 dividend totals! In this post I’ll lay out all the details.
In May I received a total of $185.59 in my two portfolios: $65.18 in my Empire portfolio and $120.41 in my Retirement portfolio.
These values represent a 3.2% increase for my Empire portfolio and a 3.7% increase for my Retirement portfolio compared to my February income. Not huge, but considering the fact that no new purchases were made these are some solid increases.
It’s finally been a year since I started these portfolios so I can actually start comparing year over year dividend income. For the Empire portfolio my dividends increased 8.6% from $60 to $65.18. What is fascinating about this stat is that I have made no changes whatsoever to my May-paying stock holdings, just AT&T (T) and Apple (AAPL). So this 8.6% increase was derived solely from dividend increases and dividend reinvestments.
My May Retirement income increased a whopping 416% due to several large stock purchases along with a few dividend increases.
Here is a breakdown of the companies that paid me in May:
I received 2 payments in the Empire portfolio and 5 payments in my Retirement portfolio. The DRIPs that I have set up in my Empire account increased my forward annual income by $2.85.
There was only one dividend increase for my portfolios in May (PEP). However, I missed several increases from previous months so I’ll go ahead and list them here.
I made a couple of large purchases in May for both of my portfolio so my forward income got a nice boost.
Progress Against Goals:
My dividend goals for 2016 are to receive at least $1000 worth of dividends in my Empire portfolio and $3000 in my Retirement portfolio. Here is my progress through April:
As always I’m expecting a huge June so hopefully I can cross over the red line next month.
- 5/1/2016 – 0.2672 shares of HSY (Auto Loyal3)
- 5/1/2016 – 0.3885 shares of MCD (Auto Loyal3)
- 5/1/2016 – 0.8867 shares of SBUX (Auto Loyal3)
- 5/2/2016 – 1.296 shares of T (DRIP)
- 5/4/2016 – 15 shares of ABBV (New purchase)
- 5/12/2016 – 0.158 shares of AAPL (DRIP)
- 5/4/2016 – 10 shares of PSA (New purchase)
- 5/4/2016 – 500 shares of FTR (New purchase)
- 5/6/2016 – 0.0924 shares of AMGN (Auto paycheck deduction)
- 5/20/2016 – 0.0936 shares of AMGN (Auto paycheck deduction)
Check out my Historical Data page where I have organized all of my monthly incomes, updates and screens (with links).
Disclosure: Long all stocks mentioned in this article.