Well, another month has zipped by and my dividends have come in.
April’s comes in at $422 on the nose. Not too shabby but nothing spectacular. Not many of the companies i own paid anything out so $400 is currently my ‘baseline’ every month. That said, compared with April 2013, it’s almost a 4x increase in income – perspective is everything right? 🙂
May is already off to a cracking start, in fact i’ve already exceeded April within the first few days of May so it should be interesting to see where that ends up.
I’ve put some new capital to work but that won’t make much of an impact for up to one quarter and i have further income to put in around July. I’d love to be able to crack 10,000$ this year but realistically i think i’ll be closer to $8000.
One of my holdings Lloyds ( LYG ) looks to resume its dividend in 2015. i was hoping for an earlier resumption in late 2014 but it looks like the IPO spin-off for TSB bank is going ahead which is great. I’m averaged in at a great price ($3) for the long haul so i’m pretty comfortable with hanging onto this guy through thick and thin.
Several of my other stocks are starting to get interesting in terms of valuations being boosted, AIG being one of them, PBR another and so forth. Also nailed AAPL and AIG on option plays and put the profits to work into more dividend stocks so that should also bear fruit in the coming months.
All in all, things are progressing great. Will have to see how everything holds up once a ‘proper’ correction ensues.
I’ll do an S&P and Nasdaq analysis tomorrow.
Have a great weekend.