dividend fix

Well, in the midst of all of this financial and stock market turmoil my portfolio is now yielding a whopping 4.8%. This compares with my 4.1% yield on cost (income/price originally paid for equities). That is equivalent to $2,094 per year, or $5.74 per day. This is about 69% more money than we were collecting at this time last year. About 13% of my portfolio holdings are invested in dividend re-investment plans (DRIPs), where the dividends automatically buy more shares quarterly.
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While the $700 Billion bailout is being announced in the U.S., and confidence in most markets jumped off of a cliff months ago; it is important to note that the largest US retail bank near the epicentre of the crisis, Bank of America (BAC) just paid us our $19.68 dividend last Friday. Dividends can remind us sometimes that life goes on despite the bleak news and outlooks.
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Also, introducing Dividends Anonymous, finally there's an online refuge for those of us who are addicted to dividends. I've been officially branded a 'dividend addict' over there...