May Dividend Update

It's time to report on my May dividends and I'm happy to say that my May dividend total was $213.13! This is my highest dividend month so far. I have now hit the $200 mark for the second time ever and it looks like I should be safely above that mark from now on. The great thing about this total was that my dividends have increased from the $207.52 that I made in the previous quarter without any additional stock purchases at all. The reason behind the larger total was simply due to dividend raises from some of the great companies I own shares of. I have listed the raises below and you can see all of my dividend income here as well.

Dividend Increases

General Mills (GIS) - From .38 to .41 +7.8%
WGL Holdings (WGL) - From .42 to .44 +4.7%
People's United Financial (PBCT) - From .163 to .165 +1.2%
Proctor & Gamble (PG) - From .602 to .644 +6.9%
Kinder Morgan (KMI) - From .41 to .42 +2.4%

May Purchases

Pepsi (PEP) - 14 shares @ $85.71
Chevron (CVX) - 10 shares @ $121.47

COMPANY	DESCRIPTION	SYMBOL	AMOUNT
AT&T	QUALIFIED DIVIDEND	T	45.08
General Mills	QUALIFIED DIVIDEND	GIS	22.55
WGL Holdings	QUALIFIED DIVIDEND	WGL	29.04
Reality Income	ORDINARY DIVIDEND	O	18.25
Clorox	QUALIFIED DIVIDEND	CLX	13.49
People's United Financial	QUALIFIED DIVIDEND	PBCT	36.80
Proctor & Gamble	QUALIFIED DIVIDEND	PG	21.88
Kinder Morgan	QUALIFIED DIVIDEND	KMI	26.04

Recent Buy - Pepsico (PEP)

Recent Buy - Pepsico (PEP)

Earlier this week I purchased shares of the soft drink giant Pepsico (PEP). I purchased another 14 shares at $85.71 a share which give me a grand total of 43 shares. I have made two previous Pepsi purchases this year at $81 and $83 respectively. As of this writing the stock is sitting at around $87 so I got in on a tiny dip. Recently PEP announced a generous 15.4% dividend increase which is a big factor in my latest purchase here.

PepsiCo, Inc. (PepsiCo), incorporated on November 13, 1986, is a global food and beverage company. Through the Company's bottlers, contract manufacturers and other partners, the Company makes, markets, sells and distributes a range of foods and beverages in more than 200 countries and territories.

PEP Basic Statistics

• Ticker Symbol:PEP
• PE Ratio: 19
• Yield: 3.1%
• Dividend Growth 10yr:  13%
• Payout Ratio: 51%
• Market cap: $126 B
• Website: http://www.pepsico.com

It's time to report on my April dividends. I was hoping to hit that $200 mark but I just missed that goal. I should hit that mark next quarter even without any more contributions as long as I get a dividend increase from one on my stocks.

Aprils dividend total was $198.15 which is higher than last quarter where I earned $184.27 in January. You can see all of my dividend income here.

Dividend Increases

Walmart (WMT) - From .47 to .48
Piedmont Nat Gas (PNY) - From .31 to .32

COMPANY	DESCRIPTION	SYMBOL	AMOUNT
Coke	QUALIFIED DIVIDEND	KO	9.76
Walmart	QUALIFIED DIVIDEND	WMT	16.32
Glaxo Smith Kline	QUALIFIED DIVIDEND	GSK	17.24
Realty Income	ORDINARY DIVIDEND	O	18.25
Piedmont Nat Gas	QUALIFIED DIVIDEND	PNY	21.76
Kraft	QUALIFIED DIVIDEND	KRFT	22.58
Hatteras	QUALIFIED DIVIDEND	HTS	27.50
Sysco	QUALIFIED DIVIDEND	SYY	19.14
Altria	QUALIFIED DIVIDEND	MO	45.60

Recent Buy - Chevron (CVX)

I recently picked up another 10 shares of the energy giant Chevron after their recent dividend increase announcement. In an effort to balance my monthly dividend totals I had been trying to choose a stock to purchase for the end of the quarter. I already had my eye on Chevron before the 7% dividend raise was announced but that was enough to seal the deal for me. I believe this makes the 27th year in a row Chevron has increased it's dividend.

Chevron is involved in virtually every facet of the energy industry. From exploration to production and transportation of crude oil and natural gas as well as refining , marketing and distribution of transportation fuels and lubricants. Chevron generates power, produces geothermal energy, provides renewable energy, manufactures and sells petrochemical products and energy efficiency solutions.

CVX Basic Statistics

• Ticker Symbol: CVX
• PE Ratio: 11.25
• Yield: 3.2%
• Dividend Growth 10yr:  9.6%
• Payout Ratio: 35%
• Market cap: $238 B
• Website: http://www.chevron.com