As it is now the beginning of April, it’s time to update my dividend performance for last month.
The table below shows the dividend payments received during the month, which totalled £2,083.45. This amount has been boosted by a cash return of value by Vodafone, so if this was excluded the payment would have been £264.61. This compares to £112.01 paid in March last year, which is an increase of 136%
|Royal Dutch Shell||75.26||29.57||104.83|
The increase is due to having bought shares in Royal Dutch Shell and Unilever since last year (the purchases in my ISA are due to re-investment of dividends paid during the last year, and shows the benefits of dividend re-investment).
As explained in an earlier post, I automatically re-invest dividends in my ISA, but I have benefited from having made monthly payments into this account, and the investment of dividends paid on the shares I own in my employer.
The value of dividends paid each month is now starting to become reasonably significant, and continues to grow as I add further funds to my ISA, and re-invest the dividends payments back into my SIPP