Dividend Income Update October 2018

It’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolios. After going through a roller coaster of a month it seems that November is shaping up to be more of the same. Increased volatility marked by sizable run ups followed by large declines. It appears that watching your portfolio on a day to day basis is a bit pointless if you are a long term dividend growth investor.

 

Of course with all this volatility, at least I could find comfort in one thing, my dividends are still rolling in. As we all know, the market may move up and down irrationally and seemingly on a whim while our dividends remain much more stable, reliable and predictable. Sure, dividends may not increase every year and a cut (thank you GE) or elimination is even possible but the odds are greatly reduced when you diversify among different companies and sectors and focus on dividend quality (free cash flow, EPS and payout ratios). Forget chasing the high yield unicorns and focus on the boring lower yielding but sustainable dividends. In the long run you’ll be better off. With that being said, let’s take a look at my October 2018 dividend totals.

 

Dividend income from my taxable account totaled $421.61 up from $381.08 an increase of 10.6% from October of last year.

 

Dividend income from my ROTH account totaled $140.49 up from $133.40 an increase of 5.3% from this time last year.

 

Dividend income from my IRA account totaled $63.37 up from $1.95 from this time last year. An increase of 3,149.7%.

 

Grand total for the month of October: $625.47 an increase of 21.1% from October 2017.

 

Brokerage Account

Year to date dividends: $4,755.85

DateDescriptionSymbolAmount
10/01/2018DIVIDEND:KOKO$49.14
10/02/2018DIVIDEND:KMBKMB$57.00
10/09/2018DIVIDEND:ITWITW$58.00
10/10/2018DIVIDEND:DEODEO$91.77
10/10/2018DIVIDEND:MOMO$12.80
10/12/2018DIVIDEND:PMPM$45.60
10/12/2018DIVIDEND:MDLZMDLZ$8.32
10/12/2018DIVIDEND:CBCB$6.57
10/12/2018DIVIDEND:JCIJCI$30.68
10/15/2018DIVIDEND:CAHCAH$24.77
10/25/2018DIVIDEND:GEGE$36.96
Total: $421.61

ROTH Account

Year to date dividends: $1,791.52

DateDescriptionSymbolAmount
10/01/2018DIVIDEND:KOKO$12.09
10/02/2018DIVIDEND:KMBKMB$7.00
10/12/2018DIVIDEND:PMPM$7.98
10/12/2018DIVIDEND:MDLZMDLZ$11.44
10/30/2018DIVIDEND:BNSBNS$101.98
Total: $140.49

IRA Account

Year to date dividends: $754.13

DateDescriptionSymbolAmount
10/12/2018DIVIDEND:VTRVTR$57.67
10/31/2018DIVIDEND:LTCLTC$5.70
Total: $63.37

 

For a known “quiet” month I was very pleased with my results. After all, who would complain about a year over year raise of 21%? Not I. Are any of these dividend stocks in your portfolio too? How was your October dividend income? Please let me know below.

 

Disclosure: Long all above

14 thoughts on “Dividend Income Update October 2018

  1. Very nice month, particularly as you noted for a quarter opening month. I’ll take a 21% raise any day of the year–wouldn’t it be nice to get income raises like that from our job?! That is one of the things that I love about putting my money to work for me.

    Looks like we share three companies from this month (KO, KMB, and MO).
    DivvyDad recently posted…Dividend Income Report :: October 2018My Profile

  2. Hi Keith
    That‘s a very robust YoY growth, I like the solid businesses on your list. I have some shares of KO and Diageo as well. Mondelez, Altria and Philips Morris are definitively businesses I have an eye on.
    October was a good month for us as well, acquisitions are starting to pay off. 2019 is gonna show a nice jump.
    GE is really disappointing, have some shares of Swiss competitor ABB and have been considering GE as potential addition to my portfolio but will certainly remain at the sideline.
    Cheers

  3. Congratulations on a solid month, DivHut! October was quite volatile and it seems like volatility will remain high in November. That’s why we appreciate the consistency of dividends!

    Take care and happy investing!

  4. Hey DivHut,
    Very nice results for a quarter-starting month. The 21% increase is also awesome! I only received dividends from two companies this month (CSCO and O), so we don’t share any of the payers 🙂
    BI

  5. Keith,

    You continue to crush it in 2018. Excellent month and congrats on the strong growth rate. That new dividend from VTR is SWEET and it must have been nice to pick up a full share during the month. I’m also pretty jealous of that $91 divvy from DEO as well.

    Keep up the great work and keep on flexing those dividend muscles!

    Bert

  6. Hello Keith,

    sorry – just noticed I must have forgotten to add your data of September to Income Heroes. Just updated it when adding your numbers from October to my database.

    Good luck with your investments!

    Torsten

  7. Just inspiring! Thanks for sharing again. I’m also realizing the pointlessness of checking portfolio numbers days (or multiple times per day in my case). I’ve recently backed off to about every other day, and my results are the same!

Leave a Comment

CommentLuv badge

This site uses Akismet to reduce spam. Learn how your comment data is processed.