Dividend Income Update – October 2014

Its time for me to post dividend income earned from my portfolios: DRIP, HID1, HID2, & RothI enjoy sharing them as these passive dividend income provides me great inspiration and encouragement to keep chugging along and hopefully to the readers.

Wow, I scored a double hundred plus in total passive dividend Income: $244.91 to be precise, this was 7th time of receiving triple digit dividend income this year. This month alone, my dividend income was more than 244.98% compared to last year’s October. That’s awesome. It only shows the power of Dividend Income engine. I’m that much closer to being Financially Independent (FI) and living a life that I want to live, be independent and not have to rely on someone else. Isn’t that a powerful motivator!

Passive Dividend Income – October 2014

1. Dividend Re-Investment Plan Portfolio (DRIP) 
Glaxo SmithKline Plc. (GSK): $21.57
Kimberly-Clark Corp. (KMB): $15.02
The Coca-Cola Company (KO): $13.27
Altria Group, Inc. (MO): $27.80
Phillip Morris Intl, Inc (PM): $20.10

2. High Dividend Income Growth Portfolio 1 (HID1)
American Capital Agency (AGNC): $32.50
American Real Estate Cap (ARCP): $10.42
iShares Emerging Markets (DVYE): $7.61
Altria Group, Inc. (MO): $17.16
Annaly Capital Mgmt (NLY): $30.00
Realty Income Corp (O): $4.58
Prospect Capital (PSEC): $11.05
Pimco Corp & Opportunity (PTY): $13.00

3High Dividend Income Growth Portfolio 2 (HID2)
Altria Group, Inc. (MO): $13.48

4. Roth IRA
Vanguard Natural Res LLC (VNR): $7.35

Total Passive Dividend Income: $244.91

I want to own securities of Blue chip Aristocrats (companies with 25+ yrs of growing earnings) and Dividend Champions. Once the earned passive dividend income covers all my expenses, I will own my time as well and truly free from 9 to 5 tread mill.

I’d setup a goal of earning $1500.00 in total passive dividend income this year and so far have received $1442.83 which is 96.18% of target for this year. With 2 months remaining, I’ll surely hit that target 🙂

Thanks for reading.

How did your Dividend Income come along this month of October. On target?

Full Disclosure: Long in all above mentioned securities.

9 thoughts on “Dividend Income Update – October 2014

  1. It’s our favorite time of the month as we look back at our dividend income. I can’t believe how fast time flies and the months really seem to roll by fast. Congrats on another solid month of earnings. Happy to see many similar names in my portfolio as well. I wonder how high you’ll set the dividend income bar for next year. Keep up the good work and happy investing.

    1. Hi Keith,

      Yes. It definitely is! True, time does flies and we are almost reaching end of year!

      Glad to be fellow shareholders in same securities. I plan to set my firm target sometime in early or mid Dec.

      Thanks for stopping by!

      Best wishes.

    1. Hi DD,

      Good to hear. LOL. I’m kicking heck of dividends now for sure 🙂 Next month, my dividends would not be as much as this month. But, if I can hit triple figures in dividends, I’d be happy to grab it as it will take me closer to my target of $1500 this year.

      Thanks for stopping by!

      Best wishes.

  2. Life is good with passive income, isn’t it? The end of every month feels like Christmas as the payouts roll in like clockwork. And you didn’t have to trade more than a few minutes of your time for your dividend income. Keep that snowball growing!

    1. Hi DQ,

      Yeah. No doubt about that. Having multiple streams of Passive income can make a person financially independent and even if one stream sags, other streams can pick up the slack.

      Whenever a dividend check arrives, it is always a party time 🙂 I consider dividends as a compounding machine and one of the most powerful force to free our self from 9 to 5 treadmill. Once it starts rolling, it will gather more snow with accelerating speed. We need to be playing it for long term rather that short term lollipops, aka capital gain. Warren Buffet has been playing it for more than 4 decades and results are there for all to see!

      Thanks for stopping by and commenting,

      Best wishes.

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