After 35 years of clocking in and out of work and religiously saving at least 10% annually in my 401K every year, my countdown to financial independence is in sight. Each month is a step closer and let’s look at how this past month is getting me there.
For the month of May I made $2,821.76; an increase of 13.98% versus this time last year. Not too shabby considering this was the first month of AT&Ts lower payout.
In May I received 8 dividend raises from AQN, BNS, CM, CTO, LEG, PKG, PSX and TU. A solid month for raises that should add an additional $221 to my annual income going forward.
On the home front it has just been busy as I take care of maintaining property for two homes (mine & my father-in-law’s). The good news is all this yard work is making me loose some of the winter fat and hopefully I’ll be slimmed down to my usual summer weight.
My middle daughter graduated from college this month and already started a full-time career in corporate accounting. Down to just one child left in college and fingers crossed he will be graduating early in December of 2023. Next milestone is to get all three kids out of the house and on their own. Here are the charts we love to see:
|5/2/22||BGS||B&G FOODS INC||$273.24|
|5/2/22||GIS||GENERAL MILLS INC||$95.60|
|5/2/22||VZ||VERIZON COMMUNICATIONS INC||$102.01|
|5/5/22||BLV||VANGUARD BD INDEX FDS LONG TERM BOND||$14.05|
|5/5/22||VCLT||VANGUARD SCOTTSDALE FUNDS LONG-TERM COR||$16.16|
|5/6/22||HYG||ISHARES TR IBOXX HI YD ETF||$19.46|
|5/6/22||PFF||ISHARES TR PFD AND INCM SEC||$43.65|
|5/9/22||APD||AIR PRODUCTS AND CHEMICALS INC||$67.51|
|5/13/22||OHI||OMEGA HEALTHCARE INVESTORS INC||$722.72|
|5/16/22||IBCP||INDEPENDENT BK CORP MICH||$48.94|
|5/16/22||PG||PROCTER AND GAMBLE CO||$120.53|
|5/19/22||PSEC||PROSPECT CAP CORP||$155.54|
|5/23/22||ARTNA||ARTESIAN RES CORP||$207.60|
|5/27/22||ODC||OIL DRI CORP OF AMERICA||$33.16|
|5/31/22||NUSI||ETF SER SOLUTIONS NATIONWIDE NASDQ||$17.65|
|5/31/22||SBRA||SABRA HEALTH CARE REIT INC||$87.16|
|5/31/22||M1 Finance||M1 DIVIDEND GROWTH ACCOUNT||$73.27|
You are killing it. I had a paltry 1. Something growth. Keep those dividends growing
Thanks D&H, yes another good month for raises but everyone has those tough months raises. For me it is June & August.
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Great month SDG! That OHI payout is HUGE! Awesome! I love the dividend raises as well. Can’t go wrong with over $200 in increases. Keep up the great work! 🙂
OHI is just a cash machine now, Its investments in the UK staved off div cuts from a down US market so all is good. Enjoying the dividend raises for now as I won’t have anymore decent months until September and the cycle starts all over again.