Time to post my May 2023 dividend income!
It was a busy month for me (especially at work). But I guess that is a good time.
It made this “off” month go by much quicker.
Some good news to report. I received a pay raise and retro pay this past month! The extra cash in my paycheck came to about $2,500 (after taxes).
That is more money to put to work!
Also, I made some progress towards my silver goal. I purchased 10 ounces of silver this past month.
I had set a goal of buying an additional 20 ounces for the year and with 10 in the bag, I am half way there!
May 2023 Dividend Income
But without further ado, for May 2023, I received $724.69 in dividend income from ten (10) companies.
- T – $167.89
- OHI – $167.50
- PG – $31.04
- O – $68.34
- GIS – $55.08
- ABBV – $48.84
- VZ – $105.05
- GD – $18.48
- NNN – $40.15
- TXN – $22.32
May 2023 Dividend Income Total: $724.79
Not bad. This is actually my “off” month.
An “off” month is when I get paid the least amount of dividends from the fewest number of companies.
Still, this month shows a 12.2% year over year growth increases from May 2022!
It feels great to see double-digit growth on an “off” month!
Dividend Raises
And now, without further ado, here are my dividend increases from May 2023!
- PEP increased dividend to $1.265 per share, resulting in a $14.72 increase.
- LEG increased dividend to $0.46 per share, resulting in a $12.56 increase.
- CAH increased dividend to $0.5006 per share, resulting in a $0.88 increase.
- LYB increased dividend to $1.25 per share, resulting in a $9.60 increase.
- MDT increased dividend to $0.69 per share, resulting in a $1.92 increase.
All in all, dividend increases for May 2023 totaled: $39.68
Every little bit helps. Step by step and dollar by dollar, these raises help me achieve financial freedom!
Conclusion
Thus, we conclude my May 2023 dividend income report!
June is going to be a record month that I am looking forward to!
As of this post, my portfolio is set to generate $13,939 in dividend income over the next 12 months. Moving right along and strong!
Check out my Getting Started page if you are interested in beginning your own journey into dividend growth investing and personal finance.
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So, how was your May? Let me know in the comments below!
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