Lanny’s May Dividend Income Summary

Summer is here BABY!  Memorial weekend just came to a close and man, the sun is shining fricken bright!  Cavs are in the finals and road-tripping is real.  On top of that – the Cleveland Indians are starting to roll wins and Encarnacion is using his bat finally!  Enough of sports and summer weather – dividends have fully come in for May, so let’s check out the dividend income summary!

dividend income

Dividend Income

A fairly decent month of May, another “off-month” but came in with a total of $363.22.  A nice boost from last year’s May and had some solid dividend payer’s here.  This was probably the most expected and consistent month for me; nothing unusual happened and there’s one addition from my CVS purchase back a few months ago.  See below:

When looking at the list above, I am optimistic about Kinder Morgan (KMI), surprisingly, in that a small increase could happen in 2018.  Additionally, my healthcare REITs within my retirement account were in full-force and Sabra (SBRA) also increased their dividend this month by 2.39%, even after an announced merger/purchase of another entity, love, love that.

Similarly, I have split out between the individual stock amounts and the retirement accounts, as the ” – R” indicates a retirement account dividend (or the furthest column to the right).  I separate these two, as I like to know what portion of my dividend income is coming from those retirement accounts that I cannot touch until 59.5 (barring any other usage rule I could use).  Here, it shows that I received a solid total of $181.94 (up from $107.81 last year due to DRIP, more Citizens & Northern (CZNC) & Growth!)  or 50% of my income from retirement accounts and the other 50% was from my individual taxable account portfolio.  Additionally, this shows from retirement accounts that I’m all ready for my set it and forget it mentality to keep that income going.  To see my portfolio – one can go to our portfolio summary page.

Dividend income Year over Year Comparison

2016: May div income

2017: 

Here we go now!  This represents, I believe to HCP’s dividend being received this month, as opposed to their traditional schedule.  Obviously, the best pieces here show that each company has had a higher dividend that paid in May of 2016 to May of 2017.  Love Realty Income (O) sporting an over 10% year over year increase with just DRIP and dividend growth alone.  Overall, the increase here is a WHOPPER 36.5% growth rate.  Loving this and very lucky!

Usually I have a segment on dividend increases, and honestly, this was a sad month that I thought John Deere (DE) would have done it or Tupperware (TUP), but both have declared to maintain their dividend.  C’mon!  Therefore, I won’t do a separate section since it was just Sabra (SBRA) and the impact wasn’t significant.  Maybe that’s because I don’t own many of the companies Bert had talked about in his May dividend increase announcement article?  Hmm… I should work on changing that.

dividend income conclusion & Summary

As I discussed with my updated – normal monthly expenditures at the moment, this $363.22 would cover ~37% of my average $984 monthly expense for my house, including utilities; which this is awesome and is more than 1/3 of my monthly expenses.  Also – looking forward to getting rid of my auto loan payment, unlocking a new cash flow source, so the dividend income this  month and going forward will taste that much better.  In similar fashion –  all of the investing from last year and moves this year, show being frugal to save 60% of my income, that every dollar counts, has helped me in achieving lofty goals that I set in place for my 2017 year.  LET’S GO!!!!

I dig the increase this month, but know that I’ll have to put more boots to pavement to keep the momentum up.  Luckily, the consistency with stock purchases has been there, and I just need to keep the opportunities on the radar, no doubt.  Quite a few stocks on my mind, but for some reason – would love a 5% correction, who wouldn’t?  Haha.  Did everyone have an excellent month of May as well?  Did you tear the cover off the ball or end up getting the portfolio sun burnt?  Thank you again everyone, please share your thoughts, feedback, guidance and notes below!  Talk soon and happy investing!

-Lanny

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33 thoughts on “Lanny’s May Dividend Income Summary

  1. Hey Lanny,

    as always, good work! 363$ for an “off” month is awesome. My “off” month is July/October… in contrast to that may is always special for me because i have some holdings which pay only once a year (may div income was 711$). – did you ever think about adding dividend stocks from Europe / Germany as diversification? We don’t have the dividend culture here that you have in the US, but across the continent you can find some very good, rock-solid dividend stocks (i mean blue chips, not small unknown firms)…

    And besides that: saving 60% is fantastic. – i try to get there. In June i managed to save 49% of my income after taxes. – Every Dollar counts!
    Keep going!!!

    Greetings from Germany,
    DividendSolutions

    • Hi Dividend Solutions, I’m also based in Germany, and trying to make sure I buy a good mix of Euro stocks too, not just US. So far I have small positions in Allianz, Daimler, BMW, Shell, Unilever.

      I’m looking at adding Munich Re & BASF when funds allow. What do you think of Prosieben & Deutsche Telekom? They look ok on trackers but for some reason I’m not sure about them.

      Any other suggestions on Euro dividend stocks? I’ve thought about adding some UK stocks to take advantage of the weak pound, but again need more funds 🙂

      • Hey Sam,

        of the names you mentioned, i hold Allianz, Shell, Munich Re and BASF. And i will add Daimler and Unilever at the right time. – I think that Deutsche Telekom is solid. They are one of the largest telecoms in Europe and their US-firm T-Mobile US is firing on all cylinders. When a market correction occurs, i’ll buy some shares. ProSieben is a big media company, but i don’t like media and i haven’t done any research on ProSieben yet.

        But i like Siemens, they have a solid dividend history the last 25 years. They operate world-wide and can be compared to General Electric, but i think they are more innovativ right now. Unfortunately the price went up and up. Looking to add them to my portfolio when they drop some.

        If you have more questions, you can reach me through the “comment” section on my latest blogposts.
        Maybe i write a blogpost about german dividend stocks in the future…

        Cheers,
        DividendSolutions

        • Another German here. I live in Australia and try to invest in the US, Germany and Australia. Some of my German investments are Daimler, BASF, Allianz, ProSieben, Freenet.
          My favorite one from those is definately BASF. I bought them in February 2016 at a nice low point, so my yield is over 5% already. I would always buy more, if the yields comes back to a decent level, 4.5 maybe 4%. I don’t feel so good about ProSieben anymore, but for now I keep them for the dividend.
          Another German company I think is worth looking into is Fuchs Petrolub. It is the world’s largest independent manufacturer of lubricants. Just 2.3 % dividend at the moment, but a good dividend growth over the last years.
          Greetings from Sydney

  2. May is an “Off Month” for me too, although when I make wish-list buys CL, CLX and HRL, it might not be anymore.

    Anyways, in the spirit of grilling season, $363 is the equivalent of:
    25 racks of babyback ribs, or
    90 bottles of mustard, or
    60 bags of charcoal, or
    756 hot dogs.

    Some pretty tasty dividends!

    • Mewo –

      AHHAHA I love that you opened with the babyback ribs and ended with hot dogs – hilarious and could go for a ball park dog right now with stadium mustard and the works, damn!!

      -Lanny

  3. Great month! That is some solid growth. Finally joined the club owning O. Looking forward to seeing that small position pay out for the first time next month. Looks like HCP are back to its original schedule, noticed that too. And how about those Cavs? Sounds like you guys didn’t root hard enough lol jk. Keep up the great growth. Next month is quarter ending!

    • Daze –

      Thank you very much for the post. Welcome to “O” and you well never bow out now haha and you will wish you had more, that’s for sure.

      CAVS… agh… I am in mourning still Daze… this is going to take me a while to get over… this off season, intense.

      Thanks again DD, talk soon.

      -Lanny

  4. That’s a sweet month especially for an “off month”. I love the year over year growth and the fact that you’ll soon be putting more money into the market with that sweet cash flow from the loan being paid off.

    • TitM –

      Exactly – that extra $284+ will be very sweet once I can get that rolling here in a few short months, pumped that I am below $3K on the car now and in no time – that thang will be… OUTTA HERE! Then, onto net worth and asset building time – time to grab some more assets that produces income, LETS GO!!

      -Lanny

  5. May is an off month for me also. June is much more lively! 🙂 Props to you for sticking with KMI. I owned that one during the 75% dividend cut. I decided to walk away. Great job on the month!

    • MDS –

      Exactly, June has been a very activity driven month so far already haha, I can’t keep up, joking I can because I love it.

      Sticking through with the companies and believe in their turnaround – the physical ownership of what they have is still valuable and did agree that a change in operating cash flow was much needed. 2018 – dividend increase, you heard it here first!

      -Lanny

  6. Very nice man, I’m feeling good after the most recent KMI shareholder call as well that we’ll see them increasing their dividend in the next 12 months, unless of course the market takes a turn for the worse. It was kind of why I decided to hold on, the ownership is very highly invested in the company and I think they know what they are doing, long-term.

    Cheers to June, love this month!

    • Stacker –

      I do agree 2018 – should provide an increase the way their cash flow looks and FFO, nothing huge, but potentially a few extra pennies. Obviously, cannot predict what can happen in commodities – but can stay tuned to what movements are occurring there to make decisions. Ah… oil and gas.

      And June has been W I L D – stung a bit by Mattel’s dividend cut, but that’s been heavily offset by increases and investments and the damage wasn’t too deep due to the position being far less than 1% of my portfolio. June dividends have been rolling in and fast.

      -Lanny

  7. Good job solid growth. If you can get a few years of 100 dollar growth watch out. Was looking at Tup but with no increase since at least aug 2015 that means it’s probably out pays a good dividend but raises are important also. Hopefully you get more raises next month. Keep up the good work

    • Doug –

      Thank you very much for the comment. And I Agree, if I can keep walloping over 100 to these months every year (what about 200, though… haha!). Also with TUP – I know… I have a SMALL portion of them and their earnings and financials are great – I wonder if they’ll do a surprise increase this year, like Caterpillar (CAT) just announced this week. Thoughts?

      -Lanny

  8. Gotta love O with the monthly payout. I also love T with their nice yield and slow growth. The second month of the quarter is actually pretty good for me most of the time.

    • Chris –

      O is straight up awesome haha, each month it gets bigger due to reinvestment! Also – they just announced yesterday a smidge increase to their dividend – you should check that out. T is consistent with their small increase, but they are the behemoth in the telecom space in the US.

      Nice work on keeping these “month ends” strong – AT&T definitely helps.

      -Lanny

    • Gremlin –

      Damn – do we almost have the same portfolios? HAHA. Appreciate the comment, can’t wait for some divvy increases – maybe DE has something up it’s sleeve? CAT & O just announced yesterday and today, loving it.

      -Lanny

  9. Very steady results! May is for many an off month, but has been our best this year.
    We do own several EU dividend stocks that only pay out once a year, which happens to be a lot in May 🙂

    And once that auto loan of yours is gone, think of all the possibilities you can achieve with the extra money. Those lofty goals are getting more in more in sight if you continue like this!

    • Divnomics –

      Thank you very much for stopping by. NICE on the EU companies – pumping your May up!

      Man… that auto loan.. I drove my car today, pulled in my driveway from being out of town most of the week and thought – cannot wait to open this cash flow up. Stocks were quite crazy today – make any moves?

      -Lanny

    • Robot –

      Thank you very much – investments and consistencies are paying off here. I have added more to other off months this month – that I’ll have to post about – so very excited to see those months receive a little boost – as opposed to just within the quarter end months!

      -Lanny

  10. Looks like your dividend portfolio is humming along even in those “off” months. A nice boost from your 2016 totals and with your car loan soon to be retired and already being able to cover 1/3 of your monthly expenses in an off month you are well on your way towards that long term FI goal. Keep up these inspiring updates!

    • DH –

      Cannot wait for that car loan to be retired. FI just seems like this “discussion” and it’s funny when you put math to it and you are well on the way. I need to keep marching forward. MAT’s dividend cut has stung a bit, but luckily it represented less than 1% of my total income from my portfolio – which was offset by some nice div increases so far this month and a small surprise from CAT!

      -Lanny

  11. I’d love to see a correction as well but there are some stocks that I think have gotten pulled down that I don’t think are warranted. Specifically, NNN I am keeping my eyes on. They seem to have gotten beaten down they have a nice yield of 4.7%. Plus they don’t seem to have the same retail tail that others do. So I might pick up some.

    • Mustard Seed –

      Agreed, agreed. Always keeping the eyes peeled, right? I love it, and guess what – retail has been very interesting – seems like customer brand & loyalty are creating survivors. I just left a JCPenney close out sale today, and felt pretty down about their company. However, there are quite a few winners – those whom have online business right, have great customer loyalty & carry/have strong brands. Stay on the hunt!

      -Lanny

  12. Nice results ! More than my 300$ monthly goal. I use you guys as my reference point and try to beat you in the monthly results. Glad I did in the month of May..

    Get rid of that car loan asap. Debt with interests is always biting in the butt. Look forward to your next month results.

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