Monthly Dividend Income – October 2016

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

I scored eight+ hundred in total passive dividend Income: $871.79 to be precise. It was higher than July quarter and out of park as compared to last Oct, over 125% higher. 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 and enjoy my freedom.

Passive Dividend Income – October 2016

1. Dividend Re-Investment Plan Portfolio (DRIP) 
GlaxoSmithKline plc (GSK): $34.99
Kimberly-Clark Corp. (KMB): $23.00
The Coca-Cola Co. (KO): $17.50
Altria Group, Inc. (MO): $42.70
Phillip Morris Intl, Inc (PM): $46.80

2. High Dividend Income Growth Portfolio (HID)
American Capital Agency (AGNC): $18.00
Bank of Nova-Scotia (BNS): $85.74
Diageo Inc. (DEO): $27.69
EPR Properties (EPR): $19.20
General Electric (GE): $32.20
GlaxoSmithKline plc (GSK): $58.30
Altria Group, Inc. (MO): $94.55
Realty Income Corp (O): $25.25
Phillip Morris Intl, Inc (PM): $135.20
Prospect Capital (PSEC): $12.50
Pimco Corp & Opportunity (PTY): $13.00
Starwood Property Trust (STWD): $76.80
Total S.A. (TOT): $77.03

3. Roth IRA
Reynolds American Inc. (RAI): $16.56
W.P. Carey, Inc. (WPC): $14.78

Total Passive Dividend Income: $871.79

I like 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.

I’d setup a goal of earning $7500.00 in total passive dividend income this year and so far have received $8052.98. The month of Oct was fantastic as I achieved my target for this year, Nov and Dec will be additional cream on the cherry 🙂

Full Disclosure: Long in all above mentioned securities.

How did your Dividend Income come along this month of Oct?

Thanks for reading.

9 thoughts on “Monthly Dividend Income – October 2016

    1. Hi Dividendandhobbies,

      Thank you. I’m working very hard over last many years to take my passive income close to $1K and further. I hit $1K once this year but would like to hit it consistently. This will be a significant chunk in achieving dream of being FI.

      Thanks for stopping by and commenting!

  1. Here we goooooo! The first of the dividend income reports. Awesome total for October. I always say the same thing but these reports keep inspiring me to continue on my investing path. Solid year over year increase too by the way. Keep it up!

    1. Hi DivHut,

      Glad to post the income report and this is one of the exciting post that I look forward as it gives a good idea where we are heading out and what progress is being made. There is nothing better to show for it than the passive income report.

      Thanks for stopping by as always and commenting!

  2. PIM –

    DAYUM!!! 125%+ growth is insane, killing it! I see you like your Tobacco companies up there, as you have a fairy decent spread across the board. We need GSK to keep their dividend more steady, that’s for damn sure. Congrats!


    1. Hi Lanny,

      Yeah, it was fantastic growth this month that I’d love to have every month 🙂 I would like to balance out the income from various securities as time goes by. Pharma companies like ABBV, PFE, GSK, GILD are amongst the top of my list as well. I follow yours and Bert’s journey very keenly, nice work over there.

      Thanks for stopping by and commenting!

    1. Hi R2R,

      I hit $1K once this year and would like to hit $1K more often, that’s for sure 🙂 You are breaking records over there as well with $1.5K+, congrats.

      Thanks for stopping by and commenting!

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