Published Wed, 05 Jun 2019 11:00:38 -0400 on Seeking Alpha
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.
I received a total of $691.93 of dividend income in May. Approaching the $1,000 in an "off-month" slowly but surely. Additionally, my wife earned $175.93 this month, and I am still debating on how to incorporate that into the analysis, which I don't mind this problem, right? Therefore, combined, we earned almost $867.86 for the month!
Further, the 401(k), Health Savings Account (HSA), and all dividends are automatically invested/reinvested and help take the emotion out of timing and making a decision. The dividend reinvestment adds quite a bang to the portfolio. Through two months in the 2nd quarter, my dividends being reinvested have added $59 (April and May) to my forward dividend income.
Here is the breakdown of dividend income for the month of May!
AT&T (NYSE: T) takes the crown here, with over $100 in dividend income again. They've been yielding a highly absurd amount, and one can only be curious at the sustainability of their dividend.
Citizens & Northern (Nasdaq: CZNC), one of my favorite community banks, actually paid over $100 when you combine... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|CITIZENS & NORTHERN||25.84||0.0||0.00||1.08||4.31|
|DELTA AIR LINES||59.44||8.9||6.70||1.61||2.75|
|PROCTER & GAMBLE||122.77||90.3||1.36||2.98||2.49|
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