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 and YUMC and more). 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 2020 totals in a about one month plus. With that being said, let’s take a look back at my October 2020 dividend income.
Dividend income from my taxable account totaled $807.92 up from $717.63 an increase of 12.6% from October of last year.
Dividend income from my ROTH account totaled $199.39 down from $283.38 a decrease of -29.6% from this time last year.
Dividend income from my IRA account totaled $85.45 up from $69.91 from this time last year. An increase of 22.2%.
Grand total for the month of October: $1,092.76 an increase of 2.0% from October 2019.
Brokerage Account
Year to date dividends: $10,326.60
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 10/01/2020 | KO | THE COCA-COLA CO | $52.98 |
| 10/02/2020 | KMB | KIMBERLY-CLARK CORP | $69.04 |
| 10/08/2020 | GSK | GLAXOSMITHKLINE PLC | $12.50 |
| 10/09/2020 | MO | ALTRIA GROUP INC | $230.99 |
| 10/09/2020 | CB | CHUBB LTD F | $7.02 |
| 10/13/2020 | PM | PHILIP MORRIS INTL | $177.96 |
| 10/14/2020 | DEO | DIAGEO PLC | $95.25 |
| 10/14/2020 | ITW | ILLINOIS TOOL WORKS | $66.59 |
| 10/14/2020 | MDLZ | MONDELEZ INTL CLASS A | $10.13 |
| 10/15/2020 | CAH | CARDINAL HEALTH INC | $30.73 |
| 10/15/2020 | LEG | LEGGETT & PLATT INC | $16.12 |
| 10/16/2020 | JCI | JOHNSON CONTROLS INTER | $30.94 |
| 10/26/2020 | GE | GENERAL ELECTRIC CO | $7.67 |
ROTH Account
Year to date dividends: $2,441.91
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 10/01/2020 | KO | THE COCA-COLA CO | $12.95 |
| 10/02/2020 | KMB | KIMBERLY-CLARK CORP | $7.61 |
| 10/09/2020 | MO | ALTRIA GROUP INC | $40.54 |
| 10/13/2020 | PM | PHILIP MORRIS INTL | $14.76 |
| 10/14/2020 | MDLZ | MONDELEZ INTL CLASS A | $14.01 |
| 10/28/2020 | BNS | BANK NOVA SCOTIA F | $109.52 |
IRA Account
Year to date dividends: $761.34
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 10/02/2020 | IRM | IRON MTN INC NEW REIT | $24.93 |
| 10/13/2020 | VTR | VENTAS INC REIT | $40.22 |
| 10/15/2020 | LEG | LEGGETT & PLATT INC | $8.21 |
| 10/16/2020 | DOC | PHYSICIANS REALTY TR REIT | $6.15 |
| 10/30/2020 | LTC | LTC PROPERTIES, INC. REIT | $5.94 |
I have to say I’m quite pleased with my October totals. Who would complain about any year over year increase? The main reason for my modest 2% gain is simply due to my TD stock not paying in October as it did in 2019. Sometimes dividend payment schedules change and can mess with your monthly year over year numbers.
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
DH –
Exactly. Cannot complain about a growth in dividend income, at all. I experienced the exact same feeling and continue to feel that each month.
There are quit a few combative macro events occurring with the surge in COVID-19, but seeing the promising results of a vaccine.
Let’s buckle in for a bumpy ride!
-Lanny
very nice Keith
congrats you got some chunky payments in there. I thought my td paid in October but it may of paid a day or 2 late due to the wkend. Either way for simplicity i kept it on my october report to keep things simple.
Heck of a month, That mo payment is sweet.
Passivecanadianincome recently posted…October 2020 Passive Income – $1,491.65
An increase is an increase Div Hut. Congrats, especially in this crazy year we are living in. But you make a great point about sticking through with the strategy. I love reading these posts because it helps keep me motivated. I’m looking forward to next month’s report!
Dividend Portfolio recently posted…Sinking Funds
Congrats on another month of YoY growth, DivHut! Considering the TD dividend and the pandemic, it’s awesome that you hit 4 digits and still increased income over last year. You’re right, there’s nothing to complain about here. Nice results and companies overall.
Reverse The Crush recently posted…Dividend Income Update October 2020
Very solid month, Keith.
As you mention, it has been great to see companies who cut/reduced earlier in the year, finally gaining confidence to get back to business with payments (YUMC being our common example).
As Rob mentioned above, I wound up including TD in my October calculations because they officially announced the payment for October 31, even if that hit a weekend and dropped into November. Strange decision by them and I didn’t want to complicate my metrics when looking back in years to come….
Take care,
Ryan
Get Rich Brothers recently posted…October 2020 Portfolio Update – Dividends Rebound
Congrats on the 1k dividends,Snowball is in full affect.We have few stocks in common,IRM,VTR,MO,KO,BNS.
desidividend recently posted…Buys —MMM,CVS,MA
Congrats on the great month! TD did pay in October but due to the weekend did not post until November. From my statement:
11/02/2020 as of 10/31/2020 Qualified Dividend TD TORONTO-DOMINION BK F
Looking at the bright side, it’ll certainly improve your November numbers when you report!
Great work DivHut.
Looking very solid.
Some nice dividend totals from all the accounts, DivHut. The numbers keep steadily growing, just as you drew it up.
Happy Thanksgiving!
Engineering Dividends recently posted…Recent Buy – AMGN & GILD
Great update of your dividend income. Thank you for sharing this deep insights.
Great month! A very well diversified dividend portfolio that keeps doing what it’s supposed to – providing growing dividend income.
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