After a wild month it’s time for our May 2024 dividend portfolio update!
May is always kind of a wild card month and it’s not unusual to get the type of swings we had. Sell in May and go away? Meh! Our dividend portfolio reached another all time high once again. Then it came crashing down shortly after and we thought that was that. Of course we were wrong because it stabilized, rebounded and bam! Another all time high at the close of the month! It was quite the roller coaster!
While it was a fun ride we took a pretty significant hit to our PADI as you will see. The expected MMM dividend cut finally happened which is a setback. It pretty much wiped out half of the progress we made this year trying to reach our $1K PADI goal. It’s a little bit of a bummer when we can only take baby steps to begin with. So while the month was positive it wasn’t great because of this set back.
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