Dividends: I received a total of $169.13 in dividends from the following stocks:
- CNI: $6.37
- GPC: $24.75
- ITW: $14.40
- KO: $15.30
- MDT: $13.34
- NVS: $56.47
- PM: $38.50
Dividend Increases: I was pleased to see dividend increases announced for three of my stocks (click on the stock to see my post about the increase):
Savings: This month I saved $1,702 (58.3%) of my net income, which is my highest monthly total thus far this year. Quite frankly, I don't think I can do much better than that. It was nice to get over the 50% mark for the third month in a row. This results in year-to-date savings of $6,164, which puts me 51.4% of the way toward my goal of $12,000 in savings for 2012. Thus, I am ahead of schedule for meeting my savings goal.
Transactions: I bought just one stock this month (click on the transaction to see my post about it):
Seeking Alpha: In April I started contributing articles to the investing website Seeking Alpha. The following three articles were published (click on each title to go to the article):
- The Psychology Of Dividend Growth Investing: Defining Success
- Dividend Growth Investing Strategy: Benefit From "Other Persons' Mistakes"
- Dividend Growth Rates: Using The Past To Estimate The Future
Looking Ahead: I expect to receive less in dividends in May than I did in April, but that's okay. As we head into the summer months, my savings rate will take some major hits due to a few large annual and semi-annual expenses that will be incurred primarily in May and June. I will likely do some traveling to visit family and friends during the next few months (though I have not made definitive plans yet), which would result in additional expenses. Thus, my summer savings will not be great (at least when compared with my spring savings), but I can take solace in the fact that I have already made great progress toward my annual savings goal. Given that I may not have much new capital for investment this summer, I won't be making many purchases, but I will still likely be able to make one purchase per month.