Dividends: I received a total of $114.30 in dividends from the following stocks:
- ABT: $22.95
- GD: $10.20
- GIS: $21.35
- HRL: $7.50
- PG: $28.10
- T: $24.20
Dividend Increases: I was pleased to see a dividend increase announced for one of my stocks (click on the stock to see my post about the increase):
- VOD: 7.0% increase (amount in USD to be determined)
Savings: This month I saved $1,226 (42.0%) of my net income, which is my lowest monthly total thus far this year. I mentioned in my monthly review for April that I anticipated my savings rate would take a hit in May due to some large annual expenses and travel costs. This results in year-to-date savings of $7,390, which puts me 61.6% of the way toward my goal of $12,000 in savings for 2012.
Transactions: I bought two stocks this month (click on the transactions to see my posts about them):
Seeking Alpha: I published only one new article on the investing website Seeking Alpha (click on the title to go to the article):
Looking Ahead: I expect to receive more in dividends in June than I did in May, which will be nice. My savings rate will take a bigger hit in June than in May as I deal with some remaining annual and semi-annual expenses. Even though I will have limited new capital for investment, I still think I will be able to make one purchase per month.
Great job man.ReplyDelete
Another solid month! 6 quality companies paying out.
Hopefully you're off to another solid month in June.
Hi Dividend Mantra,Delete
Thanks! It was indeed a fairly solid month. June should be more or less the same, but I'm looking forward to a rebound in my savings rate starting in July. I hope May treated you well, too!
Congrats on a great month and a good article on SA. I didn't realize you could make that much from one article. Good for you!ReplyDelete
We are definitely on the same track for dividends this year.
I'd like to eventually add some VOD and MCD. MCD looks really attractive with the recent pullback and I have sold puts on VOD so I may end up owning it in July if it stay below $27.
Thanks for your comment. I was surprised that I made so much from one article on SA, but for whatever reason that one was popular.
MCD and VOD would be good additions to your portfolio. I'm satisfied with the size of those positions in my portfolio for the time being, so I'm going to try to focus on adding to other positions, although I'm having difficulty deciding what is most attractive to me at the moment. For that reason, I might just wait for a bit before making my next purchase.
I want to read more of your articles at seeking alpha, you have great ideas. Congrats on a another solid month.ReplyDelete
Hi Compounding Income,Delete
Thanks, I appreciate the feedback. I plan to write more articles for SA, although I have been struggling a bit to think of good topics. I welcome any suggestions from you and other readers.