I started the machine in April, so I did not get any payouts then. This was my dividend income for the month of May.
As I have said in a prior post, the dividends are all in the DRIP. I usually post my dividend income around the 5th of every new month, but the true beauty of this strategy is the fact that I know the exact amount coming in, rather than timing the market. So I thought, what the heck let me post this now!
12.65$.. That’s close to 1 day of commuting costs for me! Paid for.. Amazing, without even lifting a finger. Supporting great companies that pay back their supporters. I use them, they use me. Love the eco system.
JPM increased their dividend from .44/quarter to .48/quarter.
AAPL increased their dividend from .54/quarter to .57/quarter.
T gave me 12.4% of 1 share, AAPL’s dividend gave me 3.1% of 1 share & PSEC gave me 67% of 1 share. Not bad at all. Snowball is taking effect, starting to get free shares, now my dividend portfolio is looking better than ever. Can’t wait for what June will bring!