It’s the beginning of a new month again, and it is time to write about one of the most enjoyable experiences of investing, and that is dividends.
I have had my third consecutive month of receiving over £500.00 from my shareholdings, and have received an increase of 132% compared to November.
Although a lot of the increase is due to the PHP dividend payment being made in October this year compared to November last year, even without this change I would have still received an increase of 13.25% or £28.88 in cash.
The details of dividends received are in the table below:
COMPANY SIPP ISA TOTAL
TOTAL £367.90 £138.49 £506.39
Diageo £34.90 £0.00 £34.90
Glaxo £133.00 £55.29 £188.29
Interserve £0.00 £23.70 £23.70
PHP Group £200.00 £59.50 £259.50
The majority of the increase is in my ISA, which accounts for £25.98 of the increase which is 49% more than I received in my ISA last year.
Most of this increase is due to the recent purchase of shares in Interserve which paid me £23.70, and demonstrates the benefit of continuing to add funds to my FIRE Engine, but I also received more money due to the automatic re-investment of my Glaxo dividends, and these extra shares paid out the remaining £2.90 of the increase over last year.
I am still on course to receive over £6,000 for the year, but next month will show a decrease because of the change in the PHP payment date.