This week, I’m thrilled to share another update from my dividend investing journey. I received dividends from Woodside Energy Group (WDS) and BHP Group (BHP), with the BHP dividend reinvested to fuel future growth. Let’s dive into the details of these transactions and what they mean for my portfolio.
Dividends & Fees Breakdown:
Woodside Energy Group (WDS)
- Qualified Dividend: $17.25
- ADR Management Fee: -$0.50
Woodside Energy continues to provide consistent income, with this week’s dividend of $17.25 marking another steady contribution to my cash flow. Although there was a small ADR fee of -$0.50, this is expected when dealing with ADRs.
BHP Group (BHP)
- Reinvestment: 1.8195 shares
- Price per share: $61.0172
- Total Reinvestment: -$111.02
- ADR Management Fee: -$1.13
- Qualified Dividend Reinvestment: $111
I also reinvested my BHP dividend, acquiring 1.8195 shares at $61.0172 per share, with a total value of $111. Reinvesting dividends is a critical part of my strategy, allowing for compounding over time. A small ADR management fee of -$1.13 was deducted, but the long-term benefits of this reinvestment outweigh the cost.
Total Dividends This Week: $17.25
Total Reinvestment in BHP: $111
Even though this week’s total dividend amount is relatively modest, the $111 reinvestment in BHP adds valuable shares to my portfolio, setting the stage for greater future income. Over time, each reinvestment compounds and helps fuel growth.
No comments:
Post a Comment