TORONTO, June 2, 2019 – RTC (REVERSE THE CRUSH or www.reversethecrush.com) announced today its dividend income results for the month of May that ended on May 31, 2019.
May 2019 Highlights
- $27.64 was received in May 2019.
- 82%* YoY growth was achieved compared to May 2018.
- $223.27 has been earned YTD (January to May 2019).
- This is RTC’s 24th dividend income update on the way to financial independence through investing.
As you can see from the highlights shown above, May 2019 was another high performing month.
Although it’s far from last month’s record setting performance, the $27.64 received is 82%* higher than the same period last year.
In addition, this year is outpacing last year’s dividend income by $101.45 during the same period (January to May). $223.27 has been earned in 2019 compared to $121.84 by May 2018.
The RTC team is certainly happy with the performance so far. However, the pressure to post triple digit numbers is looming.
Key Numbers| Dividend Income Update # 24 | May 2019
Dividend income earned in May 2019: $27.64
Therefore, the total 2019 Year to date dividend income is now: $223.27
Total dividend income in May 2018: $15.19
YoY growth compared to May 2018: 82% increase (Up $12.45)
How many stocks paid dividends in May 2019: 5 (Up 1 since last year)
Besides that, the portfolio’s pace is picking up in 2019: $101.45 more has been earned compared to last year by the same point.
Management Commentary
“I’m exceptionally proud of the RTC Portfolio Manager and the team as RTC has continued to deliver strong YoY growth.” said the RTC CEO.
“Yes, the 81.96% YoY growth is nice, and so is the $223.27 received so far. But we’re nearing a version of financial independence, potentially. We should be earning closer to $100 per month at the very least. I have continually been putting in requests for additional capital lately—the market dipped. Unfortunately my requests have been seemingly in vain. It’s like they don’t even recognize my yearly returns over here. I’ve proven what I can do for the RTC group of companies.” said the RTC Portfolio Manager
“This is all about having more time for what matters. It’s nice to see the numbers moving higher.” said the RTC Photographer.
“I have been enjoying my time here at RTC and the overall approach towards work. Every blog post is like a piece of time. They really allow me to approach this blog as if it was an art. That allows me to do what I do.” said the Creative Director.
“They just make it so easy here. It’s so well planned and it’s a long term plan with a long marketing life. All I have to do is market the happiness that FI provides.” said the Marketing Director.
“The Portfolio Manager is always asking for more money. Too bad. The business side of blogging is still in the early stages. It’s a start up. This is a balancing act.” said the Chief Financial Officer.
“Another step closer to writing and blogging all the time.” said the Chief Editor.
Dividend Income Update #24 | May 2019 Concluding Thoughts
In order to meet the goal I set to earn $670 in dividends this year, I still have another $446.73 to go. That seems like a lot considering we’re basically mid year.
The portfolio will have to earn an average $63.81 per month to meet this target over the remaining 7 months.
Although it will be a challenge, I’m not going to offer any guidance as I did in 2018.
I will stick to the plan and hope for the best even though unforeseen circumstances may alter the course slightly.
Thanks for reading!
Questions: How was your dividend income in May 2019? How was your YoY growth? Any good stocks tips to boost this month higher?
I am not a licensed investment or tax adviser. All opinions are my own. This post contains advertisements by Google Adsense. Otherwise, all links in this post are internal links and links to RTC social media accounts.
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Email: graham@reversethecrush.com
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