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
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 10/01/2019 | KO | THE COCA-COLA CO | $51.20 |
| 10/02/2019 | KMB | KIMBERLY-CLARK CORP | $65.92 |
| 10/04/2019 | JCI | JOHNSON CONTROLS INTER | $30.94 |
| 10/08/2019 | AMCR | AMCOR PLC | $21.96 |
| 10/08/2019 | DEO | DIAGEO PLC | $89.81 |
| 10/09/2019 | ITW | ILLINOIS TOOL WORKS | $62.06 |
| 10/10/2019 | MO | ALTRIA GROUP INC | $159.60 |
| 10/10/2019 | GSK | GLAXOSMITHKLINE PLC | $11.65 |
| 10/11/2019 | CB | CHUBB LTD F | $6.75 |
| 10/11/2019 | PM | PHILIP MORRIS INTL | $170.82 |
| 10/15/2019 | CAH | CARDINAL HEALTH INC | $30.14 |
| 10/15/2019 | MDLZ | MONDELEZ INTL | $9.12 |
| 10/25/2019 | GE | GENERAL ELECTRIC CO | $7.66 |
| Total: $717.63 |
ROTH Account
Year to date dividends: $2,203.52
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 10/01/2019 | KO | THE COCA-COLA CO | $12.40 |
| 10/02/2019 | KMB | KIMBERLY-CLARK CORP | $7.21 |
| 10/10/2019 | MO | ALTRIA GROUP INC | $29.40 |
| 10/11/2019 | PM | PHILIP MORRIS INTL | $8.19 |
| 10/15/2019 | MDLZ | MONDELEZ INTL CLASS A | $12.54 |
| 10/29/2019 | BNS | BANK OF NOVA SCOTIA F | $111.35 |
| 10/31/2019 | TD | TORONTO-DOMINION BK F | $102.29 |
| Total: $283.38 |
IRA Account
Year to date dividends: $840.69
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 10/11/2019 | VTR | VENTAS INC REIT | $64.19 |
| 10/31/2019 | LTC | LTC PROPERTIES, INC. REIT | $5.72 |
| 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
wow Keith.
just awesome. That is some massive growth.
your an inspiration, keep it up
cheers.
Rob Van Veghel recently posted…JNJ or Disney? New Purchase
Hi RVV,
Thank you for those kind words. I think we all find inspiration from each of our separate journeys.
Impressive growth, DivHut! I agree, no complaints with 70%+ YoY growth. Way to go on crossing the $1K income mark this month.
Big tobacco is smoking in your Brokerage account and the Canadian banks are ringing the register in your Roth account. Things are looking good all around.
Engineering Dividends recently posted…Monthly Dividend Income (Oct. 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.
Holy Cow! That is a massive YOY increase! Congrats on a super month DH! 🙂
My Dividend Dynasty recently posted…October 2019 Dividend Income
Hi MDD,
Thank you for your comment and continued support. I don’t expect that type of growth every month but I’ll gladly take it when I can get it.
Huge achievement, DivHut! Congrats!
Indeed, dividends don’t lie and so doesn’t your income growth rate.
The compounding machine is rolling.
Keep it up!
-SF
Snugfortune recently posted…Dividend Income – October 2019
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.
A 71.2% YoY growth rate is unbelievable, Keith! Great work. Thanks for continuing to prove that dividend investing works. 🙂
Reverse The Crush recently posted…Dividend Income Update # 29 | October 2019
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.
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 2019
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 🙂
Wow what a fantastic month, over $1k is so impressive. Keep up the great work!
Matthew Freeman recently posted…October 2019 Divided Income
Hi MF,
Always appreciate your comment and continued support. Bringing in $1k in a month has been a long term goal of mine.
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!
-Lanny
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.
71% increase from a year ago is fantastic progress on the dividend income front. Congrats!
R2R
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.
Nice dividend and it keeps moving up and up. We share 2 stocks in common this month. That is the results of consistant adding to stocks no matter what. to get that big of increase wow. Keep it up.
Doug recently posted…Oct 19 Dividend Review
Hi Doug,
You said it… consistency with investing is key. Keep adding fresh capital whenever you can and enjoy that snowball effect in time.
DHut,
Jeez, just drop a bomb and walk off stage why don’t ya! Congrats, that is a lot of dough and a huge increase YOY.
– Gremlin
Hi DG,
Thanks for those words. October was a huge year over year gain but I don’t expect that every month of course 🙂
Hello Keith.
Over 70% growth in income on a portfolio of this size is something unreal. Good work!
Druss recently posted…October 2019 portfolio report
Hi Druss,
That was a huge year over year gain. Of course, I don’t expect those huge numbers every month but I’ll take it when I can get it.
That’s a huge YOY growth. Congrats.
Hi Divforlife,
Thank you for your comment and continued support.
Hi DivHut,
Many thanks for sharing. Your dividend income is getting serious!
I would be curious to know how much money have you invested so far in your portfolio to generate $1 K a month?
Financial Independence recently posted…Family budget 2019 – Family budget over last 11 years.
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.