October 2017 Dividend Income Report

By | November 1, 2017

October has come and gone. I know it’s only 31 days, but it just felt like a long time waiting for the month to be over. However, the past month was an interesting one. I had a moment to reflect. I took a look at where I was in life and where I was headed. After much consideration, I introduced the inspirational quotes of the month. That’s where every month, around the 15th, I will post an inspirational quote to help motivate my readers. But, it’s a community affair. So, I will also re-post quotes that were posted in the comments section on that page. That way, the community helps motivate each other. There’s still time to get your quotes in by the way. Just head on over and leave a quote in the comments section of the inspirational quotes of the month post. Finally, Halloween was yesterday, and for me, it was quiet. I thought about dressing up, but got lazy. There’s always next year, I guess. Alright, enough stalling. Let’s see how much dividends I earned in October.

Dividend Income

In October, I received a total of $23.21 in dividends broken down as follows:

  • CSCO – $7.68
  • KO —- $9.68
  • O —– $5.85

Notably, in July, only KO and O paid me dividends and the total at that time was $5.99. So now, I added CSCO and this is the first time I’m being paid by CSCO. As a reminder, I won’t be able to start making yearly comparisons until March of next year because I only started tracking my dividends March of this year.

Finally, the dividend tracker has been updated accordingly. And, you may notice that I crossed the $100 mark in actual dividends received this year from the date I started tracking dividends.

Forward Annual Dividends

As of today’s writing, my forward annual dividends is $599.83. Are you kidding me? I am $0.17 away from breaking the $600 mark!!! That is going to happen with my next investment in a day or so. I’ve stated this several times but the way I choose to invest is through dollar cost averaging (DCA). So, I contribute the same amount every month to my portfolio. My DCA amount right now is about $800. Unfortunately, I don’t have the means to raise that because I’m also trying to pay off my 20k in student loans. And, I’ve remarkably failed at that goal due to life’s circumstances, which I’ll talk about in a later post. But, you can expect my next post to be the fact that I broke the $600 mark.  So, exciting.

Finally, no new stocks were added to my dividend portfolio in October.

Conclusion

Although October felt like a long month, it was relatively quiet. That included Halloween. I didn’t dress up or anything. Hopefully, your October was more exciting than mine was. So, how did you do in October? Was it a scary month? If you did dress up for Halloween, what costume did you wear?

Let me know by commenting below.

 

35 thoughts on “October 2017 Dividend Income Report

  1. BrokeInvestor

    Hi DP,
    Congrats on a great month! Just think about the progress you made when compared to July (first month of the quarter))!
    I also received dividends from CSCO and O, just in slightly smaller amounts. I will be reporting my income shortly as well 😉
    -BI
    BrokeInvestor recently posted…Investing in your bills?My Profile

    Reply
    1. Dividend Portfolio Post author

      Thanks BI. Looking forward to seeing how you did in October. CSCO and O are both great companies.

      Reply
    1. Dividend Portfolio Post author

      Thanks DI. I really like the DCA strategy a lot. It’s easy to implement and it suites my personality well. Thanks for stopping by.

      Reply
    1. Dividend Portfolio Post author

      Thanks Brian. DCA is a great strategy for beginners to look into to see if that’s an approach they want to take.

      Reply
    1. Dividend Portfolio Post author

      Thanks Dynasty. Yea, I’m looking forward to breaking that $600 mark.

      Reply
    1. Dividend Portfolio Post author

      Shhhh. That’s going to be my goal for next year.

      Reply
    1. Dividend Portfolio Post author

      Congrats on reaching $680, and I totally agree with you. Trying to time the market is not for me either. DCA is a great strategies, especially for beginners.

      Reply
  2. Dividend Daze

    What do you mean you didn’t do anything for Halloween? jk. Congrats on almost hitting that $600 forward dividend mark. Looking forward to seeing the next buy put your over the mark. I own all of those same companies. Great month for it being slow.

    Reply
    1. Dividend Portfolio Post author

      Thanks Daze. I should be reporting on reaching the $600 mark in the next 24 hours or so.

      Reply
  3. DivHut

    Three well known solid dividend payers contributing to your October total. What’s not to like. All the little buys, passive income have contributed nicely to your annual total. $600+ here we come. Excited for you to reach that milestone. Stay motivated!
    DivHut recently posted…November 2017 Stock ConsiderationsMy Profile

    Reply
    1. Dividend Portfolio Post author

      No complaints here. When I just got started blogging again, I thought it would get old checking and updating my site on a regular basis, but it turns out it’s one of my favorite things to do. I love watching my dividend portfolio rise. Thanks for the comment Div Hut.

      Reply
    1. Dividend Portfolio Post author

      Thanks Lanny. Hoping to cross the $30 mark next month. We will see.

      Reply
    1. Dividend Portfolio Post author

      Thanks PCI. I like CSCO too. It’s not my favorite, but it’s up there.

      Reply
    1. Dividend Portfolio Post author

      Thanks ED, but not gonna count my chickens before they hatch. I’m probably already there, but I’m gonna post on shortly. Thanks for stopping by.

      Reply
  4. TJ Mitch

    Thanks for the feedback on my new site Glen, I checked out your website. I love the dividend meter!! thanks for putting the link to create it. PassiveIncomeWiz

    Reply
    1. Dividend Portfolio Post author

      No worries. It helped me out and I’m glad you found it useful.

      Reply
  5. Mr. ATM

    Man, that’s pretty awesome achievement. You may be getting a div raise that would put you over $600. I’m expecting four raises (announcements) in December from VTR, PFE, BA, and O. I know you own O and PFE, so you should be getting those two raises before the year end.

    Reply
    1. Dividend Portfolio Post author

      Mr. ATM, I won’t be over the $600 mark until Nov 7 or Nov 8. Then, I’ll update my portfolio with the latest number of shares. But it’s good to know I might be getting two more increases in December.

      Reply
    1. Dividend Portfolio Post author

      Thanks Mr. Robot, but by the time of this comment, I’ve now crossed that amount!!!

      Reply
  6. Pingback: Top 5 Reasons To Invest In Dividend Growth Stocks - Dividend Portfolio

    1. Dividend Portfolio Post author

      Doesn’t hurt to start Rob. No time like the present. Remember, the journey of a thousand miles begins with a single step.

      Reply

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