Another month has come and gone and it's time to report on dividend income. As my dividend income grows, I get more and more excited about what the future holds for me. Every time I see the month-end statement on dividends received I just smile and think "THIS IS WORKING".
May 2011 Dividends Received
- ABT - $34.08
- PG - $26.78
- TEF - $34.38
Another solid month, and the figures are growing with each publication. The dividend I received from Telefonica could have been double, but I did not make my second investment with the company in time. You win some, you lose some. I think I got a good value on both purchases. The dividend published here also takes into account the taxes taken out from the Spanish government. That will be reclaimed when I do my taxes next spring. The total dividend received from Telefonica was actually $42.44, but I'm not including the remainder due to the fact that I can't reinvest it right now. Different investors will track this differently. I like being conservative. If I would have included the full amount I would have finally cracked the triple-digit dividend mark, but that's ok.
I'm still behind my goal of producing $1,200 in total dividends for the year of 2011. I have produced a total of $318.65 in dividends for the year so far. Every month is a chance to gain ground. I'm excited.
I have updated my dividend income page to reflect May's dividends.
Thanks for reading.