Monthly Dividend Income – May 2016

Its time for me to post dividend income earned from my portfolios: DRIP, HID, & RothI enjoy sharing them as these passive dividend income provides me great inspiration and encouragement to keep chugging along and hopefully to the readers.

Wow! I scored eight hundred+ in total passive dividend Income: $856.04 to be precise. This month, my dividend income was more than 16.62% compared to last Feb and out of park as compared to last May, over 280%.That’s awesome as my May month has been historically slow in last many years and crossing $800 felt great. It only shows the power of Dividend Income engine. I’m that much closer to being Financially Independent (FI) and living a life that I want to live.

Passive Dividend Income – May 2016

1. Dividend Re-Investment Plan Portfolio (DRIP) 
Abbvie Inc. (ABBV): $28.50
Colgate-Palmolive Co. (CL): $5.85
The Clorox Company (CLX): $15.40
Welltower, Inc. (HCN): $17.20
Kinder Morgan, Inc. (KMI): $9.38
Omega Healthcare Inv., Inc. (OHI): $29.00
Proctor & Gamble Company (PG): $43.52
AT&T Inc. (T): $24.00
Verizon Com. Inc. (VZ): $28.25

2. High Dividend Income Growth Portfolio (HID
Abbott Laboratories (ABT): $9.10
American Capital Agency (AGNC): $20.00
EPR Properties (EPR): $16.00
Eaton Corp. (ETN): $14.25
General Mills Inc. (GIS): $9.20
WellTower Inc. (HCN): $25.80
Kinder Morgan Inc. (KMI): $33.75
Realty Income Corp (O): $23.88
Omega Healthcare Inc. (OHI): $145.00
ONEOK Inc. (OKE): $184.51
Prospect Capital (PSEC): $12.50
Pimco Corp & Opportunity (PTY): $13.00
AT&T Inc. (T): $72.00
Orchids Paper Products Co. (TS): $35.00

3. Roth IRA
HCP, Inc. (HCP): $28.75
Deere & Comp. (DE): $7.20
Kinder Morgan Inc. (KMI): $5.00

Total Passive Dividend Income: $856.04

I want to own securities of Blue chip Aristocrats (companies with 25+ yrs of growing earnings) and Dividend Champions. Once the earned passive dividend income covers all my expenses, I will own my time as well and truly free from 9 to 5 tread mill.

I’d setup a goal of earning $7500.00 in total passive dividend income for this year and received total of $3679.17. This month of May was superb for me as I crossed $800+ and highest ever score so far!

Full Disclosure: Long in all above mentioned securities.

How did your Dividend Income come along in month of May?

8 thoughts on “Monthly Dividend Income – May 2016

  1. Congrats on crossing the $800 mark. I’m hoping for the same this month. The fact that you did it in May is really impressive given that it’s not a huge dividend month. Nice work.

    1. Hi InvestmentHunting,

      The month of may was fantastic for me and I’m sure you will achieve your target of $7500, same as mine 🙂 Congrats on nice YoY growth over there.

      Thanks for stopping by and commenting!

    1. Hi R2R,

      I’m glad to hear that my posts are able to inspire you and others. This is the whole purpose of posting them for mutual inspiration. I saw that you crossed $1000 over there: congrats for such a nice passive income.

      Thanks for stopping by and commenting!

  2. I never get tired reading these updates. You scored a big win for the month of May. That’s a very healthy sum no matter how you look at it. As always, a nice list of companies paying you that we share. You are on track to hit your total dividend goal in 2016 looks like. Thanks for sharing.

    1. Hi DivHut,

      We got never tired of reading such inspiring posts about passive income. You are doing fantastic over there, keep it up! Its always a great feeling when we share the companies and that only tells that we are choosing the right business partners for our future growth. So far it appears to be on track 🙂 but, we’ll see how the year turns out

      Thanks for stopping by and commenting!

  3. Wow, great dividend haul! That is truly an awesome number, so congrats on scoring your best to date. Although, I’m sure you will push by that mark before the year is out. Thanks for sharing and I look forward to hearing the June numbers.

    1. Hi SAD,

      Appreciate the kind words and support. $7500 is a big target for this year and so far, it is looking like on target, but, still more than half year to go. You are increasing your dividends nicely over there. I also considered selling BAC but holding the fire so far 🙂

      Thanks for stopping by and commenting!

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