Monthly Income Update – May 2021

This is the first of what should hopefully be a long and never-ending series of monthly update posts. Through this series, I will be sharing the dividend income received during the month as well as any buys/sells made during the month.

Let me first start by stating that this is perhaps my most favorite part of dividend investing : receiving cash for simply investing in high-quality companies and not even having to lift a finger for it. If this amount was instead sitting in a bank account, I would have earned nothing for it. Instead, I am putting my money to work for me. The dividends received are invested back into the portfolio along with some additional capital to create a snowball. With every step, I am that much more closer to financial independence!

Dividend Income Received

During the month of May 2021, I received dividend income from the following companies:

Company (Ticker)Amount
Apple (AAPL)$0.85
Abbvie (ABBV)$9.32
Albertsons Companies (ACI)$0.53
Caterpillar (CAT)$0.88
Clorox (CLX)$5.31
Costco (COST)$2.28
Procter & Gamble (PG)$4.97
AT&T (T)$2.23
Texas Instruments (TXN)$3.06
Verizon (VZ)$2.95
Realty Income (O)$2.85
STAG Industrial (STAG)$0.73
Total$35.96

Buys/sells during this period

I made the following stock purchases during the month of May 2021:

Staying in the game” purchases: AAPL, JPM

Other purchases: MMM, AFL, ACI, O, STAG, CTRE

The “staying in the game” purchases are simply dollar-cost averaging into the stocks since the threshold for number of days since the last purchase made had expired (threshold configurable based on category of the holding in my spreadsheet setup). The tranche size is dependent on the current valuation of the stock in question (i.e. smaller tranche size for an overvalued stock).

I have no sells during this month.

Disclosure: Long all the stocks mentioned in this post.

4 thoughts on “Monthly Income Update – May 2021

  1. Congrats on a solid month and for starting down this journey. I’ve been very pleased with following a DGI strategy and while there’s been ups and downs in the portfolio as well as life in general it’s treated us well. You’re off to a great start with your first monthly dividend report.

    Liked by 1 person

  2. Congrats on your first Monthly Income Update. May it be the first of hundreds! I’m sneaking up on 50 myself… 3 more months to go.
    You’ve got a nice-looking group of dividend payers. I shared 5 of your 12 payers. ABBV was my largest payer as well. A few stocks you own that I’d like to work into my Portfolio include AAPL, CLX and COST.

    Liked by 1 person

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