Dividend Income Update – October 2014

Dividend growth investors, rejoice! It’s the beginning of the month when we happily look back on our previous month of passive dividend income earned. One thing that October has shown is that dividend income can be a great stabilizing factor for any long term portfolio. While, individual stock prices may swing wildly in either direction, it is our dividends that tend to remain steady.

 

Last month I was happy to announce breaking the $2,000 annual dividend income mark between my taxable and ROTH account and this month I’m happy to announce that I have exceeded my 2013 dividend income. With two more months to go I am curious to see where I will finish 2014.

 

Are any of the names below in your portfolio too?

 

Brokerage Account

Year to date dividends: $1,961.69

DateDescriptionSymbolAmount
10/01/2014DIVIDEND:KOKO$26.78
10/02/2014DIVIDEND:JCIJCI$14.44
10/02/2014DIVIDEND:KMBKMB$28.39
10/07/2014DIVIDEND:CBCB$7.23
10/07/2014DIVIDEND:ITWITW$26.29
10/08/2014DIVIDEND:DEODEO$54.70
10/10/2014DIVIDEND:PMPM$34.99
10/14/2014DIVIDEND:MDLZMDLZ$4.66
10/27/2014DIVIDEND:GEGE$18.96
10/31/2014DIVIDEND:BCRBCR$0.87
10/31/2014DIVIDEND:KRFTKRFT$14.44
Total: $231.75

 

ROTH Account

Year to date dividends: $368.00

DateDescriptionSymbolAmount
10/01/2014DIVIDEND:KOKO$8.58
10/02/2014DIVIDEND:KMBKMB$5.75
10/10/2014DIVIDEND:PMPM$6.72
10/14/2014DIVIDEND:MDLZMDLZ$6.30
10/30/2014DIVIDEND:BNSBNS$8.21
10/31/2014DIVIDEND:KRFTKRFT$17.96
Total: $53.52

 

Disclosure: Long all above

69 thoughts on “Dividend Income Update – October 2014

    • Hi Tawcan,

      I’m happy with the progress so far. It still amazes and excites me to see how the dividend income has been growing year in and year out no matter how little or how much fresh capital I add. Keep watching KMB and KRFT. I think KMB is a little rich these days and KRFT, though has a nice yield, doesn’t offer much growth. Still, both are relatively high current yielding stocks. Thanks for stopping by and commenting.

    • Hi MSF,

      Thank you for the kind words. It’s these updates from my portfolio and from others I read online that continually excite and motivate me to keep on moving forward. Thanks for stopping by.

  1. Congrats! I too love the beginning of a month because I get to see all of the dividend updates and see everyone’s progress. You did awesome this month with $280 between the 2 accounts. We own quite a few of the same companies although some have just been started in my own portfolio. Great job passing last years total already. You should set a nice personal best with 2 more months to go!
    JC recently posted…Dividend Update – October 2014My Profile

    • Hi JC,

      Thanks for the encouraging words. October was a pretty good month as it included a biannual payment from DEO as well which boosted the total. Happy to be a fellow shareholder with you as well in many of the same names. As you can see from my portfolio I really don’t have many high yielding names like other dividend bloggers. I think you can build a good, solid long term portfolio focusing more on dividend growth rather than current yield. Look forward to seeing how 2014 finishes up too. Thanks for commenting.

  2. Keith,
    I see we have shares of Halyard Health in our accounts today. Another “dividend” for your November totals.

    Of the stocks you have listed, I hold KO, KMB, KRFT, GE, and MDLZ.

    Congrats on the milestone,
    KeithX

    • Hi KeithX,

      Indeed, HYH is another spin off set to hit my account in the coming days. Stock spin offs are just awesome. Since becoming a dividend growth investor I have seen my portfolio add ABBV from ABT, MDLZ from KFT, ALLE from IR and now HYH from KMB. Who says dividend investing is boring? I’ll wait and see in the coming months what type of dividends HYH plans to distribute. The cool thing about my other spin offs is that each new company is also a dividend payer. Thanks for stopping by and sharing your common October dividend payers as well.

    • Hi MDP,

      Curious to see how November unfolds as well. It really looks like I’ll be averaging down on some of my holdings in the red. The question is which one. For now it seems that BNS is a frontrunner. Thanks for stopping by.

  3. Watching the value of my portfolio go up and down has given me a bit of whiplash. Really glad that dividend income is much steadier, and that I only have to look in one direction: up!

    Congratulations on another milestone! I’m looking forward to seeing how much in dividends you’ll end 2014 with!
    Seraph recently posted…Dividend Income, October 2014My Profile

    • Hi Seraph,

      Capital appreciation, while nice, is secondary to our main objective which is increased annual dividend income and in that manner your excitement about the direction it is headed is justified: Only up! Thanks for the encouragement and look forward to a strong 2014 finish as well. Thanks for stopping by and commenting.

    • Hi LAH,

      While breaking $2,000 for the year was a great milestone and I have already surpassed my 2013 total dividend income I never actually set an annual dividend goal at the beginning of the year. I feel it is too much like counting your eggs before they hatch as so much can happen to dividend income over the span of twelve months. Freezes, cuts, eliminations and increases too, all make it difficult to anticipate a full year of dividend income. I like to look at things on a month to month basis and at most quarterly. That being said, my main goal for 2015 is simply to surpass my 2014 dividend income. Thanks for your question and encouragement.

  4. I’m glad to have found another dividend investment blog to follow. I’ve never set a dividend income goal, but I might have to do that for next year since I really like watching everyone else report about theirs.

    • Hi Kari,

      Happy to welcome you to DivHut and my dividend investment journey. Dividend investing is a great way to build an ever increasing income stream that you can use to supplement or live off entirely during your retirement years. Come back often and check my dividend income progress as well as my highlights of new dividend stocks purchases. Thank you for stopping by.

    • Hi DwC,

      The keyword from your comment is “passive.” One of the best ways anyone can earn an income. KRFT is a great long term buy in my opinion. I have owned it before the spin off of MDLZ and plan to keep it for many, many years. You won’t see tremendous growth with KRFT but you will see a nice dividend yield and tremendous stability which is always something I look for in a potential long term holding. Like you, I do not smoke but PM is still in my portfolio. It’s crazy to say but even with all the anti-smoking efforts that exists, PM is still a growing stock. Thank you for stopping by and commenting.

    • Hi Allan,

      I’ll never be upset watching those deposits being made into my account. I would imagine that even after doing this for a decade or two it still would not get boring. October was a nice month with a biannual boost from DEO.

      Keep watching KO and don’t feel the pressure to ever jump in. There will always be an opportunity to buy a stock at a price that you are comfortable with. For KO, that seems to be sub $40. Thanks for taking the time to comment.

    • Hi DM,

      Thanks for the encouraging words. Crossing $2k and surpassing my 2013 total dividend income has been a fun milestone to hit. As we all know, with each passing dividend the snowball grows that much larger. Thanks for commenting.

    • Hi TLS,

      Thank you for the kind words. I think we all get motivated by reading the progress of others online. It doesn’t matter where you are on the dividend journey as we are all headed in the same direction. Believe me, I get as much encouragement and excitement reading about $50 in dividend income as I do $500. Keep on the path, don’t chase yield and be consistent. Thank you for stopping by and commenting.

    • Hi R2R,

      Thank you for the nice words. It’s always nice to read comments from so many well wishers regarding dividend income. I’m very happy with how 2014 has been shaping up and as I already have surpassed my 2013 dividend income the next two months are simply the gravy raising my dividend income bar for 2015. Thanks for stopping by.

  5. Great month DivHut! Crossing over $2k in actual dividends received is an ipressive feat. Over $200 in a non-quarter end month is awesome! Just out of curiousity, I saw you own shares in both MDLZ and KRFT. Did you own stock before the spin-off or did you purchase both separately after?

    Bert, one of the Dividend Diplomats
    Dividend Diplomats recently posted…Bert’s Savings Rate Summary: OctoberMy Profile

    • Hi DD,

      Once your annual dividends start coming in the “thousands” you can really start to see the effects of compounding. I look forward to see how 2014 will end dividend income-wise. I owned KFT for many years prior to the spin off of MDLZ which is why I own both. One of the great things about owning solid dividend income stocks is the coveted spin off. I have been very fortunate to receive shares in ABBV from ABT, MDLZ from KFT, ALLE from IR and just recently KMB did a spin off of HYH. I never sold any of the spin offs because they all pay dividends too. Let’s see what HYH does going forward. Thanks for stopping by and commenting.

    • Hi ILG,

      Thanks for the “push” regarding my dividend goals. While I never set out to achieve a specific dollar figure for dividend income for any particular year, I can see the benefit of setting a dividend income goal thereby affecting the rate and aggressiveness of ones portfolio investments. While dividend income is the primary goal I never want to invest just for the sake of dividend income and purchase stocks that I’m not comfortable holding such as many high yield REITs or MLPs. As I always say, I’m not against those investments at all (I have several health REITs on my watch list) I just don’t want to chase unsafe yield for the sake of hitting a certain dividend income mark. Quite frankly, I think too many dividend bloggers are exceedingly aggressive with their portfolio holdings. I think my portfolio is one of the more conservative that I have seen online. As always, I appreciate the comment.

    • Hi w2r,

      October saw a biannual dividend payment from DEO which is why it was higher for a “slow” month. What’s nice is, as you mentioned, the last few months of acquisitions are adding additional new dividends to my totals. I received my very first BNS dividend in October and just received my first TD dividend this month. Thank you for your comment.

    • Hi FerdiS,

      With dividend investing progress can be seen every single month. It’s very tangible when real money is deposited into your account. I’m curious to know how 2014 will finish. Not sure if I’ll hit $2,800 but whatever it will be is greater than 2013 so in that respect there is good progress. Thanks for commenting.

    • Hi DK,

      That’s the name of the game when it comes to dividend growth investing. It’s all about compounding and building an ever increasing passive income stream. Thank you for stopping by and commenting.

    • Hi SAD,

      Thank you for the kind words. I was very excited to surpass my 2013 dividend income. I wasn’t sure if it would happen in October or November. In any case, though the market is riding up to all time highs, there are still many relative values to be had in the energy and financial sectors. With oil depressed many big names like BP, TOT, XOM, CVX and many others are trading at very low multiples. Same with many financial names such as WFC, AFL, CB, TD, BNS and RY. Keep looking around for the relative deals. Thank you for commenting.

  6. Great job on breaking those milestones! I like all the companies you have, and every single one is on my personal watchlist except for JCI. Maybe I should look into it a bit more. A quick look at FAST Graphs shows it actually looks pretty interesting. Good value and double digit returns. On second though, I definitely will be taking a closer look!
    DividendDeveloper recently posted…What’s in my dream portfolio?My Profile

    • Hi DD,

      Thank you for the support in my achieving these personal dividend milestones. It’s a great feeling surpassing the previous year of dividend income.

      JCI is a great long term dividend payer with a pretty diversified business. I’m happy I can bring this stock to your attention for further research. As you know there are many solid dividend payers out there beyond the KO, PG, KRFT, PEP, MCD, etc. plays that we always seem to talk about. I would love to add to my positions in GWW, JCI, BMS, BCR, etc. too but just not at current levels. Thank you for stopping by and commenting.

    • Hi DH,

      While I don’t like to count my eggs before they hatch, your $2,500 prediction seems to be on the money. It’s a nice jump from my 2013 totals and I’m happy to have been able to surpass that mark. Thank you for stopping by.

    • Hi OBFW,

      Thanks for the encouraging words. You know how we like to refer to our dividend investments as snowballs and as the months go by the snowball just continues to roll and get bigger. Tracking your own dividend income should be fairly easy from your brokerage account. Usually you can just download to Excel or something and have all your information easily laid out. Thanks for stopping by and commenting.

    • Hi DW,

      I was pretty excited about receiving my first BNS dividend as my Canadian banks are all relatively new holdings. I hope you achieve your goal for 2014. Just think about what that $400 represents as totally passive income that just came in your way. Here’s to a strong 2014 finish! Thanks for commenting.

  7. Congrats on another good month! I still have GE on my watch list and I completely forgot about DEO… I need to invest into drinks… 🙂 BNS is an interesting choice. They don’t pay much dividends. Did you buy it when it was at their lowest or you just like this company? I still have some non dividend/low dividends companies in my portfolio, which I still keep – some were mistakes from the past, which finally start coming back or some I bought when they were at lowest…
    Happy Healthy and Wealthy Girl 🙂 recently posted…October ProgressMy Profile

    • Hi HHaWG,

      Thank you for the kind words. GE is still a nice pick though I’d like to see it under $25 ideally. I plan to keep DEO as a long term holding as well. Too bad they only pay dividends twice a year. I like my quarterly payments. I think you were referring to BMS as a lower paying stock not BNS. BNS has a pretty high yield. I bought BMS a long time ago and have no reason to sell. They are a long time solid dividend payer with decent growth in a very stable sector. Remember, it’s OK to have some low yield stocks in your portfolio as long as they continually raise their dividends. I do not plan on adding any non-dividend names to my portfolio ever. I appreciate your comment.

    • Hi B,

      It’s nice when you have passive income flowing in every month. Though, it’s not all that even as most companies pay their dividends at the end of every quarter so you have some months that are bigger than others. Thank you for the encouraging words as I “embark on a new level.” I appreciate you stopping by and commenting.

    • Hi AG,

      Having passed my 2013 dividend income in October I’m guessing this year will end at around $2,500. Looking into 2015, dare I say $3,500? I really like to go one day at a time, as money available for investing is not always guaranteed and of course, a dividend freeze or cut can always throw a wrench in even the best laid plans. Thanks for commenting.

    • Hi TEG,

      Thank you for the kind words. The $2,000 milestone was a happy milestone. That’s real money no matter how you look at it. I never really calculated the percent return I have based on my invested amount. I’m more focused on increasing my dividend income foremost without simply chasing yield. Capital appreciation is a secondary goal. I guess it wouldn’t too difficult as I can see my cost basis total and figure how many dollars that cost basis is returning to me. Thank you for stopping by and commenting.

    • Hi DD,

      Thank you for your support. First, I am curious to know how 2014 will finish but, of course, I am looking forward to 2015 and see how much higher I can increase my passive income relative to 2014. Thank you for your comment.

    • Hi DD,

      Thank you for the encouraging words. 2014 has already surpassed my 2013 dividend income which I am happy about. We’ll see how November and December tally up my final year end results. Look forward to a strong finish. Just saw your totals for the month as well. It’s always fun reporting on passive income generated. Thanks for commenting.

    • Hi PIM,

      Thank you for the well wishes. Passing $2k was a great feeling as well as surpassing my 2013 totals. Keep up the good work yourself. Thanks for commenting.

    • Hi Huw,

      I appreciate the good sentiment. It was a good feeling passing a nice round number like $2,000. Also knowing that I passed my 2013 total income excites me as November and December are two more months of “dividend gravy.” Thank you for commenting.

  8. DivHut,

    Congrats on hitting your goals and your great progress so far. Your portfolio shows great discipline in building up some very strong positions. We could all learn something from that diligence! Best wishes for you hitting your goals.

    • Hi Integrator,

      Thank you for the kind words and continued encouragement. I feel sometimes that I have one of the more conservative portfolios among the dividend bloggers as I own several utilities, no MLPs or REITs and clearly do not chase yield. I am looking to add some healthcare REITs though in the future. I have my eye on HCP, VTR and OHI. Thanks for stopping by and commenting.

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