My Annualized Dividend Income as of the end of May increased to $5,955 from $5,865 for the month. This means my dividend stocks will pay $5,955 in dividends over the next 12 months.
I made over $1,000 of dividend stock purchases for the month from dividend distributions and sales of non dividend stocks. It looks like the economy is worried about the problems with with Greece and some other European countries with mounting government debt. There are still a few companies increasing their dividends for later this year.
I am close to my Dividend Income Goal of $6,000 for the end of 2010. I plan to sell off some stocks that are no longer paying dividend throughout the year and add a few hundred dollars a month to our dividend paying stocks.
Most of my stocks are held in my Zecco Trading account and the rest are DRIPs. The dividends from my stocks are reinvested but I am keeping track of the amount of income I could receive once I retire or choose to receive the dividends in cash.
I will post my Top 20 Stock Holdings on Thursday.
0 comments:
Post a Comment