May 2021 Dividend Income Report - $40.33

Updated: 2 June, 2021 seen 46

Welcome to the forty-nine (#49) dividend income report, covering earnings I've made from dividend-paying stocks in May 2021.

The last May we spent in Georgia, did a lot of road trips, kept going to the gym and swimming pool, visited English kindergarten for our daughter. Life is very good. I was doing quite a lot of awesome drone videography around the country, discovered new places.

Sallty Garden Tavern in Georgia

Sallty Garden Tavern in Georgia

From the perspective of dividend income - Last May was low, very low. The thing is it is about a year already I'm not focusing on dividends at all, instead, I'm growing my total portfolio using options trades. 

In total, we took just some shy $40.33  in dividend income last month. Which is still quite OK, for doing nothing

Compared to the previous May in 2020, when we took $225 in dividend income, my monthly dividend has decreased by -82%  (-$184. A year ago we did set a goal to take at least $300 this month, now this didn't happen. 

Luckily, an additional $4,367.34 was made from options trading.  

As options trading is not a passive form of making money while you are sleeping it wouldn't be fair to include them in dividend income reports.

Dividend income in May 2021

From the stocks we got the following income last month:

AAPL $3.74
O $19.98
PBCT $5.27
ET $2.88
RA $8.46

Total: $40.33

Despite the dividend income is low, compared to previous years, I like what I see here, good quality stocks like AAPL and O... I hope to see some dividend bump in the next quarter's second month (August), as more PBCT and O stock will be added. The more monthly dividend-paying stock should be added. 

Monthly income

I've been tracking my journey towards million dollars in a savings account since January 2017. More than 4 years already. 

Monthly dividend income as of May 2021

Monthly dividend income as of May 2021

The cumulative earnings for 2021 now are $297.74 which is exactly 11.34% from my goal of 2021 ($2,600). On average, it would ask me to generate $329.32 every month for the next 7 months to reach my goal. Right, now this goal looks pretty much impossible

2020 in Review and Financial Goals for 2021

Goals for May 2022

This is my favorite part of the reports - trying to forecast/set goals for the next year. But before setting a goal for 2022, let's see what I forecasted/said a year ago (May 2020)

For May 2021 I have a goal to crack finally that $300 milestone, to get there will add more quarterly stocks paying dividends in May (like FBG, PBCT, and T). From today's perspective looks quite possible

Not happened.

Now, when looking at May 2022, I will be quite optimistic and say USD 150 is what I'm looking at.

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