Dividend Income Update October 2019

The beginning of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. No doubt, these are the best posts to write and read online as it only provides further proof that dividend investing can work over time and that anyone can create an ever growing passive income stream (even with those nasty dividend cuts that come our way every now and then; thank you GE and KHC). Looking back at my October totals I see that my year over year progress is still moving at a nice clip and I look forward to calculating my 2019 totals in a about one month plus. With that being said, let’s take a look back at my October 2019 dividend income.

Dividend income from my taxable account totaled $717.63 up from $421.61 an increase of 70.2% from October of last year.

Dividend income from my ROTH account totaled $283.38 up from $140.49 an increase of 101.7% from this time last year.

Dividend income from my IRA account totaled $69.91 up from $63.37 from this time last year. An increase of 10.3%.

Grand total for the month of October: $1,070.92 an increase of 71.2% from October 2018.

Brokerage Account

Year to date dividends: $7,762.32

10/01/2019KOTHE COCA-COLA CO$51.20
10/08/2019AMCRAMCOR PLC$21.96
10/08/2019DEODIAGEO PLC$89.81
10/10/2019MOALTRIA GROUP INC$159.60
10/11/2019CBCHUBB LTD F$6.75
10/11/2019PMPHILIP MORRIS INTL$170.82
10/15/2019MDLZMONDELEZ INTL$9.12
Total: $717.63

ROTH Account

Year to date dividends: $2,203.52

10/01/2019KOTHE COCA-COLA CO$12.40
10/10/2019MOALTRIA GROUP INC$29.40
10/29/2019BNSBANK OF NOVA SCOTIA F$111.35
10/31/2019TDTORONTO-DOMINION BK F$102.29
Total: $283.38

IRA Account

Year to date dividends: $840.69

10/11/2019VTRVENTAS INC REIT$64.19
Total: $69.91

I have to say I’m quite pleased with my October totals. Who would complain about a 71.2% year over year increase? The proof of our dividend investing strategy rests in these real results. After all, dividends don’t lie. It’s real cash being returned to investors. With patience and consistency these results and better can be achieved. Just remember, sometimes investing with blinders on can be beneficial as it blocks out the constant noise we are bombarded with on a daily basis and keeps you focused on the job at hand which is to keep investing, not falling for market timing traps, diversifying, not getting shaken out of the market when it tumbles and just creating a solid, ever growing passive income stream.

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

31 thoughts on “Dividend Income Update October 2019”

    • Hi ED,

      Tobacco is a nice part of my overall portfolio. I’m comfortable with my allocation between MO and PM. While other tobacco stocks look interesting to me like BTI, for example, I think I’ll be sticking with those two for the foreseeable future. BNS might deserve some attention again.

    • Hi Snugfortune,

      Thank you for your comment. Dividends are real cash being returned to investors. What’s not to like about that type of investing strategy? Appreciate your continued support.

    • Hi RTC,

      I think you can see that DGI works based on the numerous dividend blogs in our collective community. Still not sure why so many pooh pooh the strategy. Oh well, I’m happy with my results and that’s what matters most.

  1. Crushing it as usual DH! Nearly $1.1k in October is awesome. We’re finally getting back to regular investing which I’m very excited about. We received just under $400 from our taxable accounts and nearly $500 across all of our accounts. It’s great to see a lot of the same cast of characters in your portfolio as mine, but one that you own that I really want to add to my portfolio is DEO.
    JC recently posted…Dividend Update – October 2019My Profile

    • Hi JC,

      Getting into a consistent investing groove is key in the DGI game. Keep adding fresh capital whenever you can. Always nice to know we share a lot of common names each month. Wait for that DEO pullback which will come one day 🙂

  2. DH –

    Man oh man, you son of a gun! Who would have thought you’d have a Home-Run (4 digits) in your bag of goods for this month? You are killing it and that 70%+ growth rate is awesome. Let’s finish the year strong!


    • Hi DD,

      My long term goal has been to hit an average of $1k a month in passive income and it looks like 2019 will be that year. Let’s see what 2020 brings us.

    • Hi R2R,

      Thank you for those kind words and continued support. I don’t expect huge double digit gains like that every month but I’ll take it when I can get it.

    • Hi FI,

      Slowly but surely that snowball effect is really taking hold. You can see my portfolio page to see how much was invested. I show a cost basis for every stock I hold as well as gain/loss.


Leave a Comment

CommentLuv badge

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