June 2

Monthly Dividend Income – May 2016


This content was saved from the old investmenthunting.com website, in case anyone was still looking for it (with the help of archive.org)

It’s time once again for my favorite post of the month. This post is my monthly dividend income update for May 2016. My monthly dividend income for May totaled $452.58. Monthly dividend income earned in 2016 has moved up to 2,551.04. My new run-rate for 2016 total dividends earned is $6,122.50. My 2016 dividend goal is set at $7,500. I’m behind schedule, but June is a big monthly dividend payout. After June, which constitutes mid-year, I’ll reassess my remaining forward annual dividend income. I anticipate that June will be a record month. I’m hoping to cross the $800 threshold. The $1,000 threshold will have to wait until next year, but it’s coming soon :-).

Monthly Dividend Income – May 2016

Monthly dividend income came from 14 companies. May is a better dividend month for me than April, but it’s still a lighter month than say March or June. My average dividend per company this month is $32.33. The largest payouts came from AT&T, Omega Health Investors, and Dynagas LNG Partners.

Dividends Earned

May 2016  dividends are as follows:

Dividends Earned – Year-Over-Year

The chart below tracks my monthly dividends earned on a year over year basis. 2014 numbers are in blue. 2015 numbers are in red. 2016 numbers are orange.

My monthly dividend income in May has gone up from $63.58 in 2014, to 118.70 in 2015, to $452.58 in 2016.

The chart below is a good illustration of the growth of my dividend income. I will cross the $3,000 barrier next month and in July, I should surpass my 2015 full-year dividend income. This is exciting, considering there will be 5 more months in the year. I doubt I’ll reach my goal of $7,500 this year, but it will be close. If I can reach $7,000, I’ll consider it a victory. I’m really excited for the next two years. Once I get to a place where I can average $1,000 a month in dividends, I’ll be able to stop DRIP investing and selectively add stocks to my portfolio monthly. As many DGI investors like to say, that’s when the snowball really starts rolling.


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