May 2018 Income

May 2018 was another great month and provided a substantial increase from last year. Last May brought in $632.02. This May brought in $941.62…almost another month reaching $1000. I’ll definitely hit that mark next year.

Options: See my Options trading page for open trades. I have no premium income to report since I did not close any trades this month.

Symbol Dividend Amount
AAPL $163.09
BMY $28.75
CAT $43.36
GROW $1.25
KKR $26.96
NSRGY $345.55
O $19.27
PGX $0.14
RY $38.59
T $274.66

Total dividends for May 2018: $941.62
Total cumulative dividend income for 2017: $3,943.47

Forward 12-Month Dividends: $10,088.68
Hourly wage based on 40 hour work week (2087 hrs): $4.83/hour
Hourly wage based on non-stop work (8760 hrs): $1.15/hour


Total option income for May 2018: $0
Total cumulative option income for 2018: $1,674.27


Full disclosure: Long all the above stocks

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7 Responses

  1. Hi Scott,

    Looks like you’ve been highly successful with increasing your annualized earnings from dividends and option premiums.

    It has been a few years since I’ve cashed in with options. My favourite strategy is to sell Puts on companies I’d like to own to either get in at a lower price or get paid if that lower price never materializes.

    Take care,
    Ryan

    • scott says:

      Ryan,

      Appreciate the comment! Yep, Puts are really nice and I have used that strategy to collect premiums and pick up some GILD. Any Puts you are especially excited about now?

  2. Very well done, it’s a great way to look at it like that. On average you make $1.15 an hour even while you sleep!
    Buy, Hold Long recently posted…April 2018 – Net Worth UpdateMy Profile

    • scott says:

      Buy, Hold Long,

      Yep! It is pretty crazy when put that way. Really makes you appreciate the power of dividends! Thanks again for the comment!

  3. Outstanding work, Scott. A very impressive YoY increase! $10K in forward dividend income is terrific as well.
    Three companies doing most of the work for you in May, but the companies are diversified to say the least.
    Looking forward to some options income for you in the future. Take care.
    Engineering Dividends recently posted…Recent Sell – SCGMy Profile

    • scott says:

      Thanks, Engineering Dividends. Most of the YoY increase is from purchases made > 6 months ago. Lately it seems like I’ve been needing more cash around for other expenses. Hope to get back into the investing pretty soon! The options income is another bonus. Take care!

  4. Doug says:

    Scott good job. Nestle and T the heavy hitters. Lots of people buying T right now including me. good job. Keep it up.
    Doug recently posted…May 18 dividend reportMy Profile

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