My Annualized Dividend Income as of the end of April increased to $6,512 from $6,494 over the past month. This means my dividend stocks will pay $6,512 in dividends over the next 12 months. This portfolio of stocks has a current yield of 4.41%.
All my dividend distributions from the month went toward paying down debt. The stock market was about the same for the month and we continue to see companies increasing their dividends this year.
Most of my stocks are held in my Vanguard Brokerage account and the rest are DRIPs. 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.
2 comments:
Great job! I hope to one day put together a portfolio paying me out as much income in dividends as you have put together. I am just getting started and hoping for $350 in dividend income this year but I know if I keep building and investing I can reach my goals. Thanks for the inspiration!
I wonder about looking at non-US stocks as well? For example, Siemens pays a good dividend, and many of their businesses are in growing sectors. While the Eurozone is a risk, an increasingly large part of Siemens' business is done in emerging markets. Plus, if the Euro breaks up, the D-Mark would rise sharply. Some of the large telcos in Europe also offer substantial dividends as well, but there one has does have very high exposure to Euro risks.
Post a Comment