Lanny said it best in his stock purchase article…the month of May was actually wild! Every day presented a new twist, turn, and market swing. I would transfer cash to my brokerage and get ready to make a purchase. Then boom, the market would swing upward. Despite the madness, the dividend income continued to flow. After all, that’s part of the beauty of dividend investing. Lanny published great dividend income results this month. As always, he is a tough act to follow. Especially when he announces a 48.8% YOY dividend increase. But I’ll give it my best shot. It is time to review my May Dividend Income summary!
The month of May was absolutely WILD. You could not even tell what was going to happen each day, let alone each hour. Is the new saying – April Rises, brings May Surprises? It does this time around, that’s for sure. The trade tariff discussions, inverted yield curves, interest rate pressure & sensitivity, really have have created opportunities in the stock market. Therefore, as a dividend investor must do, I went on a slight dividend stock purchase spree!
Another month towards financial freedom. Can you taste it? I know I am starting to. However, though sweet the taste this is, it’ll be very “sweet” once the dividend income trumps all expenses in a given month. We are not quite there yet, but in time, this will happen. Proof has been in the pudding, as you’ve seen throughout the years of writing articles, and May is no different.