Who Paid Me?
Images gathered on Google Images.
| Stocks | Dividends | Shares Amount |
|---|---|---|
| AIR Products & Chemicals | $5.09 | 2.91 |
| Texas Instruments | $4.65 | 3.75 |
| Lowe’s Companies | $4.65 | 4.43 |
| Costco | $1.99 | 1.95 |
| Apple | $1.32 | 5.52 |
| Total | $12.61 |
April Showers bring May dividend flowers! This blog will be a quick recap of who paid me in May and how much. AIR Products & Chemicals paid me $5.09 at 2.91 shares, the most out of all 5 stocks this month. This stock has been on a cycle this year with the economic environment. Next, Texas Instruments paid me $4.65 at 3.75 shares. Lowe’s paid me $4.65, the same as Texas Instruments, at 4.43 shares. Lowe’s recently raised its dividend by around 4.8%. Though this is small in comparison to last year’s hike, still competing with inflation!
Costco, one of my favorite companies, paid me a mighty $1.99 at 1.95 shares. Lastly, Apple paid me $1.32 at 5.52 shares. Overall, I had a 55% increase in my February/May/August/November dividend-paying stocks! You start small, but with time and consistency, you will see increases in your dividends each month!
With the current outlook considering inflation, the debt ceiling teenage argument between Congress, and the future Q2 GDP report, I believe the stock market with continue with its volatility of going up and down depending on the news. Regardless, I will continue to dollar cost average. Because I believe consistency and confidence in my portfolio will help me reach my FIRE goal!
Check out the charts below!
Financial Disclaimer: I am not a Certified Financial Advisor (CFA), I am a meteorologist. The blog posts about investing are my opinions and for your entertainment purposes. They should not be considered financial advice. Investing in the stock market is risky and you can lose money. If you want to invest in the stock market or have questions about how or where to invest, please seek a CFA.
Affiliate Link Disclaimer: Some of the links are affiliated links with Public and M1 Finance. As a member of their platform, I earn a small portion if you click the link and sign up with them. I enjoy these companies and would not recommend them to you if I did not believe in their mission and platform. Thank you!
I use the stock trading platform called Public (this is an affiliated link where I get a small kickback if you sign up with my referral code/link!). Public charges no fees to invest, you can choose to have your dividends to be in a reinvestment plan (DRIP) (this is very important and will likely be explained in another blog), the platform is simple and user-friendly, and you can buy fractional shares. I have enjoyed Public’s platform during this past year and will continue to use it in the future. The link above is an affiliated link sign up today and get a free slice of a popular stock between $3-300! This is my compounding machine in which I hope to reach financial independence by using dividend growth stocks to supplement my income.
To act as a high-return savings account, I use an M1 finance account (Sign up today and get $10 for free!). I will use this fund to help pay a down payment on a car or house, and any other future expenses. Instead of getting a 1-2% yield/return, I hope to get an 8-12% return.
Below is a monthly expected dividend chart. If you are curious, I have created a do-it-yourself portfolio dashboard. it has everything like a portfolio calculator, a dividend calendar, and much more. Including the portfolio dashboard, I also have multiple financial tools, cookbooks, and more on my Patreon! Check out the page by clicking this link.
