Thursday, 7 June 2012
Dividened Progress Report: May 2012 Edition
May looked like it was going to be one of the lower months in terms of dividend distributions, but the last day of the month was very generous and put the whole month over the top. This resulted in the best month yet.
Total yield of portfolio - 4.67% (+ 0.13%)
Actual dividends received - $586.11 (+ $137.06)
Expected dividends return if the current positions are held for 1 year - $1622.31 (+ $108.42)
Positive numbers all around for last month! Grabbing Rogers and BMO really helped with the yield while increasing my position in Weston raised my average yield as well. June marks the halfway mark for the year. The goal of $2500 expected dividends return looks to be very difficult to achieve especially with my coffers empty. I'll have to turn to liquidating my ETFs to fund my purchases. Of course saving money and working as much as I can would also help me pick up some more shares. even with discipline it'll be tough to reach $2500 and I honestly think that I'll fall short... but I'll go down swinging.
-the Paperboy
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