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
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 10/01/2018 | DIVIDEND:KO | KO | $49.14 |
| 10/02/2018 | DIVIDEND:KMB | KMB | $57.00 |
| 10/09/2018 | DIVIDEND:ITW | ITW | $58.00 |
| 10/10/2018 | DIVIDEND:DEO | DEO | $91.77 |
| 10/10/2018 | DIVIDEND:MO | MO | $12.80 |
| 10/12/2018 | DIVIDEND:PM | PM | $45.60 |
| 10/12/2018 | DIVIDEND:MDLZ | MDLZ | $8.32 |
| 10/12/2018 | DIVIDEND:CB | CB | $6.57 |
| 10/12/2018 | DIVIDEND:JCI | JCI | $30.68 |
| 10/15/2018 | DIVIDEND:CAH | CAH | $24.77 |
| 10/25/2018 | DIVIDEND:GE | GE | $36.96 |
| Total: $421.61 |
ROTH Account
Year to date dividends: $1,791.52
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 10/01/2018 | DIVIDEND:KO | KO | $12.09 |
| 10/02/2018 | DIVIDEND:KMB | KMB | $7.00 |
| 10/12/2018 | DIVIDEND:PM | PM | $7.98 |
| 10/12/2018 | DIVIDEND:MDLZ | MDLZ | $11.44 |
| 10/30/2018 | DIVIDEND:BNS | BNS | $101.98 |
| Total: $140.49 |
IRA Account
Year to date dividends: $754.13
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 10/12/2018 | DIVIDEND:VTR | VTR | $57.67 |
| 10/31/2018 | DIVIDEND:LTC | LTC | $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
Good job. 21 percent increase is awesome. GE will sting but raises from other companies should help. We share 2 this month KO and Mo. that rhymes lol. Keep it up.
Doug recently posted…October Dividend Income Report
Hi Doug,
This isn’t my first dividend cut. I have two with GE now and from a while back a WFC and IR cut too. This is why we diversify and as you stated raises and fresh buys will mitigate this recent bomb. Thank you for commenting.
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 2018
Hi DD,
We work hard every day… it’s nice to know our money does the same for us. That’s just one of the benefits of being a dividend growth investor. Nice to see we share a few names too. Thank you for commenting.
Keith,
That is a big monthly increase. 21% would do just about anyone well!
– Gremlin
Hi DG,
You said it. No complaints from me. Solid double digit gains are always nice to see.
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
Hi FS,
It’s all a out being consistent with your buying, diversifying and not panicking when the market swoons 1% or 2% in a day. It’s been my mantra for a decade since going the DGI route. So far, so good… even with two GE cuts, a WFC and IR cut too. My passive income has only increased year over year for a decade. That’s why we diversify 🙂
nice keith great yr over yr growth and income!
we share bns this month.
keep it up
cheers
Passivecanadianincome recently posted…September 2018 – Passive Income
Hi Passivecanadianincome,
Always appreciate your kind words and continued support. I’m still loving those Canadian banks… even BNS that has stumbled a bit as of late.
Hi Divhut,
Seems like a solid month, certainly a great year on year growth.
Keep that snowball rolling
Hi Tlti,
The snowball will continue to roll indeed… even with an ugly cut.
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!
Hi FerdiS,
You said it. Believe me when I say that I am really calm and not panicking at all when the market swoons 1% or 2% for several days. As long as those dividends keep rolling in, even with some cuts that inevitably happen, I’m happy. Dividends are a very stabilizing force.
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
Hi BI,
I’m sure in time we’ll start sharing some names for these quarter starts. Keep on buying, building and diversifying… I’m happy that the GE cut will not hurt my 2018 totals nor 2019.
Great month DH! A double digit YOY increase is always nice to have for a month. Keep it up! 😀
My Dividend Dynasty recently posted…October 2018 Dividend Income
Hi MDD,
Thank you for those encouraging words. No complaints from me about my October results. Now it’s on to a strong 2018 finish!
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
Hi DD,
As I always say… it will be more of the same the final two months of the year. Fresh buys, reinvestment and do some damage control from my friends at GE. Thank you for stopping by and commenting.
Hi Keith,
another solid month, although October is a more of quiet month for dividend investors. Keep up the goo work.
Cheers
Andy
Div.Income recently posted…Portfolio Update November 2018
Hi DI,
Thank you for your continued support. I hope to one day have fairly equal dividend payments each month so as to not have a “quiet” month down the road. Makes budgeting easier 🙂
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
Hi TT,
No problem. I know you’ll make your updates eventually. Thank you for continuing to follow my real world portfolios.
Great month once again. We share KMB, BNS, KO as well as the sting from GE. Keep an eye on CAH that they don’t follow the same path as OMI.
Hi Charlie,
Nice to see we share quite a few names. It’s always a little comforting knowing others are with you in the same boat… even sinking ones like GE. Oh well… That’s why we hold dozens of stocks and not one. CAH is also a bit of a laggard in 2018. Will have to watch it.
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!
Hi DD,
It can be tough not to check your portfolio when the market is swooning but if you are going the DGI route then by default you have a long term outlook and day to day, week to week and month to month checking of a portfolio doesn’t really give you any additional advantages. As always, I appreciate your comment.
Hey DivHut. I had essentially the same YoY growth as you, at 21%. I agree… hard not to like that.
It was awesome to see the dividends continue to arrive in the face of all the October market volatility. Seeing my dividend portfolio deliver that steady income in tough times is more comforting as I get closer to the day I will rely on that income for everyday expenses.
Your DEO dividend stood out to me this month. It’s delivering a nice punch to your taxable brokerage account. It’s hot on the trail of your BNS shares which topped the century mark in your Roth.
Engineering Dividends recently posted…Monthly Dividend Income (Oct. 2018)
Hi ED,
No complaints from me about my October results. You already know that no matter what’s going on in the market your dividends continue to roll into your account. Of course, we may all hold a stinker or two from time to time. GE will negatively impact my next quarter results but that’s why we diversify and hold dozens of stocks to mitigate any damage done by a loser. As always, I appreciate your comment.
Those are some fine results for a slow moth. And I think no one would scoff at a 20% pay upgrade at their jobs let alone their dividends!
Glad to share KMB and CAH with you. 🙂
Mr. Robot recently posted…October 2018 dividend report
Hi MR,
Indeed, a 20% pay raise would be welcome by anyone at a job. Why don’t more people see this aspect of dividend growth investing. It’s such a great way to build up an ever growing passive income stream over time. Thank you for commenting.