«

»

Jun 02 2019

Dividend Income Report: May 2019

sept_monthly_report_600x200
Well, May is done and over. Here in the Pacific Northwest, it looks like summer is here with very warm sunny days and plenty of outdoor projects to keep one busy. As May wound down, the market declined in response to ongoing US-China trade issues. Now, let’s do the numbers and see how the month’s dividend income total turned out…

AWP $ 55.00
BGY $ 33.80
CHW $ 21.00*
CIK $ 22.50*
CLM $ 41.06*
DHY $ 33.25
DMF $ 10.50
DSM $ 19.25
EAD $ 9.47
EDF $ 45.00*
EHI $ 24.80
EXG $ 92.40*
FGB $148.75
NCV $ 36.75
OHI $148.50
PFN $ 36.00
RA $ 69.85
VFL $ 15.00
ZTR $ 33.90
TOTAL $896.78 est.

* Includes Return of Capital

Again another close month! I was shy of $900 by just $3.22! Grrrr!

Unfortunately, dividend cuts have taken their toll again. NCV slashed its monthly dividend from 6.5 cents per share to 5.25 cents (a -19.23% cut or -$8.75). Yeah, that’s going to hurt a bit. EAD slightly trimmed its monthly dividend from 5.94 cents per share to 5.92 cents (a -0.34% decrease or -$0.03). This is a tiny cut to be sure, but it is part of a series of small cuts over the past few months. When the cuts will stop, I don’t know.

The only dividend increase is EHI, raising its monthly dividend from 6.1 cents per share to 6.2 cents (+1.64% or +$0.40). It’s certainly not enough to mitigate other dividend cuts, but I’ll accept it anyway.

Overall, May was a good month, albeit slightly disappointing, as the month’s total fell short of $900.00 by mere pocket change.

Image Credit: jarmoluk (pixabay.com)

 

2 comments

  1. My Dividend Dynasty

    Oh man so close to $900! Don’t worry, you’ll break that mark real soon! I took a dividend cut too last month, but I know the snowball will continue to grow and make up for any cuts. That is still an awesome amount of dividends you received. Congrats! Keep it up! 🙂

    1. Dividend Quest

      Thanks for visiting MDD, and congrats on your $900+ dividend income for May. Dividend cuts are never fun, but as long as you’re diversified, keep investing, and growing that snowball then the impact from dividend cuts is minimal. It’s only when the snowball stops growing is when dividend cuts can really erode one’s dividend income.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

To prove you're human and not a computer, solve this simple math problem: * Time limit is exhausted. Please reload CAPTCHA.