Another month has passed by, and it’s time for me to post the dividends that Skyy earned in the month of May. It’s hard to argue the success of long-term dividend growth investing when you can slowly and surely see dividend income rise over time and get closer to covering your family expenses.
I hope these monthly dividend income reports provide inspiration for any investors out there that are just starting out. It shows that it’s possible to one day pay for monthly expenses with dividends, which would provide an investor opportunities and freedom to pursue other interests than full-time work.
June 2016 Dividends Received
- Pfizer (PFE) – $3.13
- Spectra Energy (SE) – $2.50
- Johnson & Johnson (JNJ) – $1.62
- Emerson Electric (EMR) – $2.42
- Chevron (CVX) – $2.19
- Realty Income (O) – $6.19
- Unilever (UL) – $0.73
- Diebold (DBD) – $3.01
- Consolidated Edison (ED) – $6.99
- Old Republic (ORI) – $1.91
- Waste Management (WM) – $0.84
- Frontline (FRO) – $40.30
- Bank of America (BAC) – $1.00
- Wal-Mart (WMT) – $1.52
Total dividends received during the month of June: $74.35
Man oh Man what a Month it has been! The British are coming The British are coming, I mean the British are Leaving. haha The market has once again been dipped in red in this historical month of June with the UK leaving the European Union. At this time as luck would have it I just brought 10 more shares of HCP about 7 days before this event and have about $10 in the account, so I will have to miss this boat!
Once again we are truly thankful that Skyy was able to earn $74 this month without lifting a finger and continuing to be a great daughter. She did nothing to earn this money except for make great decisions with past capital! Decisions like investing in high quality companies that reward her as a loyal shareholder with a piece of the profit.
Work Hard or Work Smart?
Full Disclosure: Skyy is long all stocks above