February is coming to a close so it’s time to report my monthly dividends. In addition to monthly dividends, I also purchased some Valero Energy (VLO) stock. The addition of VLO should add approximately $18 to my 2016 annual dividends. Energy stocks are down and VLO was near a 52-week low so I decided to pick up some for my portfolio.
The $22.06 I received in February 2016 is almost $7.00 more than what I received in February 2015. While it is a small increase it is an increase nonetheless.