Another month has gone. It’s hard to believe that the year is almost over. Indeed, in addition to the upcoming end of the year, Game of Thrones reminds us that winter is coming! But, while we prepare for the future, it’s important to take a look at where we’ve been. I will do that by providing another monthly dividend income report.
I expect October was a slow month. To see how slow, you will just have to keep reading. I’m also looking forward to doing some more riding on my motorcycle. Since I’ve been overseas, I wasn’t able to do a lot of riding. But, I just got my bike back recently, and currently getting it serviced. I will definitely be doing some riding before it gets too cold or too rainy. But, that’s not why you’re here. So, enough stalling. Let’s dive in.
Dividend Income
In October, I received a total of $48.09 in dividends broken down as follows:
| NO. | STOCK | NAME | DIVIDENDS |
| 1 | CSCO | Cisco Systems | $11.50 |
| 2 | KMB | Kimberly Clark | $13.56 |
| 3 | KO | Coca-Cola | $14.58 |
| 4 | O | Realty Income | $8.45 |
| $48.09 |
Not a bad start for the beginning of the last quarter of the year. Almost at $50. I’m quite sure I will cross that threshold in the next quarter. However, the real prize will be when I finally get this quarter to cross the 3-digit threshold. In the meantime, I hope to maintain the minimum level of contributions to my dividend portfolio.
Recently, I asked: Should I Buy A House? It’s an important question for me because one of the ways in which I was thinking about saving for the downpayment and closing costs was to limit my monthly contributions. I’m hoping it won’t get to that point, but I also want to buy another house. I will keep you posted. I’ve noticed that my expenses, even though non-recurring, are expensive. For some reason, I find reasons to spend money. This may be part of the lifestyle creep that I talked about recently. Right now, I’m spending a small fortune getting my bike in good enough condition to safely ride on the road. So, new tires, a new battery, service, etc, all add up. I’m really hoping to spend less money in the coming months, notwithstanding the fact that Christmas is coming.
Annual Comparison
Below is a graphical representation of my dividends this year as compared to last:
| MONTH | 2017 | 2018 | Rate |
| April | $0.41 | $31.47 | 7575.61% |
| May | $2.85 | $79.33 | 2683.51% |
| June | $16.89 | $98.51 | 483.24% |
| July | $5.99 | $42.32 | 606.51% |
| August | $21.95 | $108.44 | 394.03% |
| September | $28.72 | $111.15 | 287.01% |
| October | $23.21 | $48.09 | 107.20% |
My portfolio increased a respectable $107.20% from last year. I continue to look forward to decent growth rates in the months to come. Although the growth rate will be significantly smaller as I work with larger numbers, I do plan on increasing the minimum contributions to my portfolio annually – even if saving for a down payment and closing costs slows that down a bit. That, combined with dividend income, will help my dividend portfolio snowball faster.
Finally, the Dividend Tracker has been updated accordingly.
Forward Annual Dividends
At the time of this writing, my forward annual dividend is $1,195.16. A month ago, my forward annual dividend projection was $1,150.16. This represents an increase of $45.00 or 3.91% in my forward annual dividend income. This is a slightly larger increase in dollar amount, but a slightly smaller decrease in percentage from the previous month.
I have my eyes set on crossing the $1500 mark and even the $2000 mark. I’m still a bit far off, but it’s always good having a goal to work towards.
Conclusion
No matter what is going on in my life, my dividend portfolio is hard at work. Whether my expenses are low or high, it doesn’t matter. My dividends are there working for me bringing me dividend income. It helps that I have a long-term horizon of at least 15 years. Although, there’s a decent chance that I will be relying on dividends for the rest of my life. But, I am taking it one month at a time.
Let me know your thoughts by commenting below. I hope you enjoyed Halloween. But, as we approach the end of the year, remember: Winter Is Coming!
Way to go DP 🙂 +1k$ annual dividend income. Keep it up.
Thanks p2035. Can’t wait until it’s much higher than 1k per year.
Look at your growth and progress DP. These results are freaking amazing. I’m excited for what Year 3, 4, and so on bring for you and your portfolio. It’ll be a lot of fun to see the impact of these re-invested dividends. Enjoy!
Bert
Dividend Diplomats recently posted…Lanny’s November Dividend Stock Watch List
Me too Bert. Unfortunately, I might have to slow my contributions a bit to buy that house, but the portfolio will still be there generating dividends and reinvesting those dividends back into the portfolio.
Nice month DP! I love the 3 digit YOY increase! The winter is coming for sure and even while the seasons change, the snowball keeps on growing! 😀 Keep it up DP!
My Dividend Dynasty recently posted…October 2018 Dividend Income
Thanks MDD. I certainly can’t argue with that triple-digit increase!
You keep chugging along with 3-digit increases DP! Great work at getting the snowball rolling. Let’s see how long it takes to reach the $1500 forward income checkpoint, and then – on to the next one!
BI
That’s the beautiful thing about dividend growth investing – it snowballs. I can’t wait for it to get to the $1500 mark.
got to love those growth numbers man.
Nice group of companies tossing ya some coin to boot.
I think you will hit that 1500 milestone faster than you realize.
keep it up man
cheers!
Passivecanadianincome recently posted…September 2018 – Solar Income
Thank Rob. I might have to rely on organic growth for the first half of the year, but hoping to reach that threshold in 2019. I guess only time will tell.
Well done DP, happy to share three of those holdings with you this month. That’s some nice growth and will help you keep chipping away at that next milestone.
What kind of bike do you have? If I remember right, you’re in CA so your riding season is much longer than mine here in the Midwest. I haven’t done as much riding as I’d like either because I started making some modifications to my bike—Harley Softail—and it’s taking much longer than I expected.
DivvyDad recently posted…Movers & Shakers :: October 2018
Hey DivvyDad, if you visit the about page, you will see a picture of the bike. It’s a Kawasaki Ninja 650. I am in California and the bike is costing me an arm and a leg right now. It’s currently being serviced because I’m getting an oil change and new tires. But, safety first.
Very nice, and definitely agree with you about putting safety first! Hope you get the service wrapped up soon so you can get out there riding!
Thanks. Bike should be ready Tuesday! Hahahahaha!!!
Not a bad month at all. That is basically exactly where I am at as well for October dividends. We have a few of the same companies paying us. I like that you said 100% growth is just respectable lol. Keep up the good work and finish this year strong!
Dividend Daze recently posted…2018 Goals – First 6 Month Review
Yea, I definitely can’t argue with the triple-digit growth Daze. I’m hoping to be able to keep the momentum going through year’s end. Thanks as always for stopping by.
Hey Div Portfolio, that chart says it all – phenomenal increase in dividend income, great work.
Also a couple of potential good stock ideas on your list – KMB looks like it hasn’t gone anywhere in 5 years, might have to take a closer look 🙂
Cheers, Gary
Gary @ Fully Franked Finance recently posted…Gary’s Global Fund Update October 2018 – and Some Long-Awaited Additions
KMB was one of my most recent additions to my portfolio. Sadly, I don’t have extra capital laying around to take advantage of any company, but I think it’s a solid option.
Hello DP. Great YOY increase. Your portfolio is starting to do its job.
I have KMB as well and enjoy its nice dividends.
Good luck.
Druss recently posted…October 2018 portfolio report
Thanks Druss. I am enjoying KMB’s dividends. It’s a recent addition to my portfolio. Welcome to the site.
Triple digit increase compared to last year, almost $50 in dividends and we share 3/4 companies this month. What’s not to like? 🙂
Great to follow your progress along DP, you’ve already crossed that illustrious $1k and I have my sights on it for the future.
I hope you can still enjoy some time on your bike and remember April 2019, then we will know who will sit on the Iron Throne 🙂 #ForTheThrone
Mr. Robot recently posted…October 2018 dividend report
I can’t wait for Game of Thrones Mr. Robot. Looks like you’re coming along as well. I’m happy to follow your progress when I can.
A solid group of stocks delivering for you this month, DP. I share O with you.
Hope to see you extend that streak of triple-digit YoY gains in the last two months of this year.
You’ve made some excellent progress in 2018. Keep up the efforts and 2019 should be very rewarding as well.
Engineering Dividends recently posted…Recent Transactions (OHI & ABBV)
Looking forward to finishing strong ED as well as to what 2019 has to offer. Thanks for stopping by and commenting as usual.
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The trend continues. I’ve rebuilt my portfolio, but the trend is going in the right direction.