As each month comes and goes my dividend payouts increase as I continue to buy more stock. While April was my best month so far. May was my second best month with having a payout of $22.60. Now that my payouts are getting bigger I will start putting them towards actually buying more stock and not just using them to pay fees. This is what compound investment is all about.
| Stock | Dividend Payout |
|---|---|
| MAIN | $7.20 |
| HCP | $6.90 |
| STAG | $4.63 |
| BRG | $3.87 |
| Total | $22.60 |
Happy trading and see you in retirement!
| Stock | # Of Shares | Avg Share Price | Total Cost | Forward Dividend |
|---|---|---|---|---|
| Sold: | ||||
| BDCL | 20 | $16.0055 | $320.11 | -$53.68 |
| ARR | 20 | $20.13 | $402.62 | -$52.80 |
| BX | 20 | $26.62 | $532.40 | -$22.40 |
| Bought: | ||||
| APLE | 20 | $18.79 | $375.80 | $24.00 |
| CLDT | 20 | $21.22 | $535.40 | $26.40 |
| CSAL | 40 | $23.43 | $937.20 | $96.00 |
| FTR | 30 | $5.07 | $152.10 | $12.60 |
May is the first time I sold a good portion of stock and shares. As for most people the reasons I did this was stability in dividend payout and future dividend growth. I sold all my shares in BDCL, ARR and BX for a total of $1255.13 which decreased my forward dividend by of $128.88.
I used the funds from the stocks I sold and my monthly deposit and bought $2000.50 which brought this year’s current cost expense to $4,641.16. The forward dividend from the stocks I purchase came to $159.00 which brings my yearly dividend to $387.60 or $32.30 on average a month. My current dividend yield is now 8.35%
Happy investment and I will see you in retirement.
Little Dividends 