We're done with May! Let's see how many companies sent me a dividend check for my ownership. These checks are the results of decisions I made earlier in life, sometimes years ago, where I decided to purchase shares in these companies. Nowaydays I still collect these checks but I have to do absolutely nothing to receive them. They just get deposited in my brokerage account, no questions asked. Isn't that great?!
Compared to last year I received a slightly lower dividend income. This is mostly because of the Accell dividend cut I mentioned earlier but the muted (in some case non-existent) dividend growth doesn't help either. Nonetheless, I still received € 94 after taxes. I got paid by 5 different companies.
Based on stock prices, all companies ended up this month. Only RDS and Aflac finished were they started at the beginning of this month. These two happened to be my last two purchases (here and here). What's up with that?!
If I look at my progress based on the cumulative dividend income this year I am about 25% ahead compared to last year. That sounds perfect, especially during these rough times! However, I expect this growth percentage to come down during the year because of the dividend cuts I received in the last two months and the slow dividend growth going forward.
My current forward divided is slightly below € 1.700,-. I just keep doing what I've been doing in the last years: work, earn my wages, deposit into my brokerage as much as I can and keep buying income producing assets to enhance my financial situation. Rinse and repeat.