Midsummer has come and gone, and fall is slowly approaching — time for the May dividend update.
In May 2026, my portfolios generated a gross total of €2,981.34 ($3,484.57) in dividends and distributions. After withholding taxes, the net amount received was €2,209.58 ($2,582.47).
That works out to:
- €71.28 per day
- €2.97 per hour
…passive income that keeps arriving no matter what I’m doing.
Year-over-Year Comparison
Compared to May 2025 (net €2,166.94), this represents a modest increase of €42.64 or +1.97 %.The growth is solid and organic, even with some timing shifts and a distribution cut in one ETF.
Portfolio Changes
Position growth
Increased stakes in ONEOK (OKE), National Retail Properties (NNN), JEIP.DE, and JEQP.DE
Position reduction
Sold approximately one-third of Eaton (ETN) to rebalance
Exited
Avance Gas (AVANCE — fully closed earlier)
Dividend changes
Several nice increases, most notably from Unum Group (UNM), Royal Bank of Canada (RY.TO), and Power Corporation of Canada (POW.TO).
Unfortunately, Global X SuperDividend ETF (SDIV) implemented a distribution cut.
Payment timing note
NNN will pay its dividend in June this year instead of May (as it did in 2025).
Where the Money Came From in May 2026
Top contributors this month
- Mandatum Oyj (MANTA) → €654.50 (annual)
- Sampo plc (SAMPO) → €347.40 (annual)
- Verizon (VZ) → €150.47
- AbbVie (ABBV) → €118.82
- ONEOK (OKE) → €100.61
Steady monthly payers
- JPM Nasdaq Equity Premium Income (JEQP.DE) → €95.29
- JPM Global Equity Premium Income (JGPI.DE) → €81.77
- Realty Income (O) → €44.12
- Main Street Capital (MAIN) → €34.60
First Five Months & Cumulative Progress
January–May 2026 net dividends = €10,751.25 → Average €71.20 per day / €2.97 per hour YTD.
This month increased my all-time cumulative net dividend income to €215,969.07
2026 Target Update
With five months complete, I’ve reached 43.9 % of my €24,500 net passive income goal for the full year. We’re almost at the halfway point, and the trajectory remains on track — though exchange rates will continue to play a significant role in the final result.
Final Thoughts
May was a calm but steady month. The portfolio continues to compound nicely through selective increases in strong holdings and dividend growth from core positions. The small reduction in ETN and the SDIV cut were planned adjustments.June should bring the delayed NNN payment and the usual mid-year activity — looking forward to seeing the numbers.
As always, thanks for following along. Happy investing and enjoy the summer!
Disclosure: I hold long positions in all the above-mentioned stocks and ETFs except the fully exited AVANCE.
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