It has been awhile since a dividend income check in. In fact this will be the first post about dividend income for 2021. So to play catch up we will discuss the first 4 months of 2021 in this post. Covid-19 vaccines are getting rolled out, there is beginning to be some optimism. As things open up in the US and Europe there is some light appearing the end of the tunnel.
This is seen in the markets as equities have been clawing back from their drops at the start of the pandemic. Without a doubt there have been some sectors that have gained in the wake of the pandemic but still on the whole most have suffered on some kind of level. More likely than not is there will be a wide spread gain across all sectors when things are back to normal.
Some companies have halted dividend payments, some have reduced them, others have been able to maintain them. But for certain there has been a lot fewer increasing their dividend payouts over the past year. Hopefully as globally things improve we will start to see the optimism creep into 2021 dividend income levels from corporations. Companies still paying dividends is a testament to picking good quality companies that can weather such a storm.
It also brings peace of mind and easier to sleep at night knowing that your investments will be growing and working for you just that little bit harder. That is the magic of reinvesting your dividends and the beauty of compound interest. Would love to hear how your dividend income is doing and how Covid has impacted it. So without anymore delay below is a graph showing the dividend income monthly for 2021 so far.
Cheers and stay safe everyone 🙂 GWF