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.
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?
Thanks BI. Looking forward to seeing how you did in October. CSCO and O are both great companies.
Excellent! Well done on the regular investments, great way to fuel the compounding machine! Cheers
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.
My purchasing is also DCA and it works well for me. Congrats on the increase.
Brian
singledadmoney recently posted…Purchase #8 – you guessed it, MORE (F) Ford
Thanks Brian. DCA is a great strategy for beginners to look into to see if that’s an approach they want to take.
Good month DP! I didn’t dress up for Halloween either lol. Aw man, $0.17 cents away from breaking the $600 mark. You will definitely break it next month. Congrats! 🙂
My Dividend Dynasty recently posted…October 2017 Dividend Income
Thanks Dynasty. Yea, I’m looking forward to breaking that $600 mark.
Congrats on the month! I did dress up for Halloween, a group of friends and I went as the characters from Clue. I was Professor Plum with a pipe!
timeinthemarket recently posted…October 2017 dividend update
Nice!!!
Keep in steady… before you know it, you’ll hit the $1,000 mark! – Cheers…
Shhhh. That’s going to be my goal for next year.
We lost power for the last few days due to storm. So, not much of Halloween. On a positive note my forward dividends reached 680$. DCA is the way to go, timing is not for me.
dividendgeek recently posted…October 2017 : Investment Portfolio Status
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.
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.
Thanks Daze. I should be reporting on reaching the $600 mark in the next 24 hours or so.
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 Considerations
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.
DP –
Boom! There you go, over $20 this month and crossing $100 in YTD income is outstanding, you’re on a great path DP!
-Lanny
Thanks Lanny. Hoping to cross the $30 mark next month. We will see.
Nice man always nice hitting a new milestone. Congrats on the addition of Cisco one of my best us stocks. Cheers!
Passivecanadianincome recently posted…More CVS
Thanks PCI. I like CSCO too. It’s not my favorite, but it’s up there.
DP,
DCA is a solid plan. Glad to see you are dedicated to it. The results are showing up in your monthly posts. You have 3 nice dividend payers for this month. I share O with you. Congrats on essentially hitting that $600 in annual forward dividend income.
Engineering Dividends recently posted…Monthly Dividend Income (Oct. 2017)
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.
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
No worries. It helped me out and I’m glad you found it useful.
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.
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.
Great list of stocks you have there. I’m a proud owner of all three.
Me too IH. Thanks.
Great results DP and being just shy of the $600 mark is amazing!
Thanks Mr. Robot, but by the time of this comment, I’ve now crossed that amount!!!
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I relly need to get into investing as well. Great post Dividend P.
ROb
Doesn’t hurt to start Rob. No time like the present. Remember, the journey of a thousand miles begins with a single step.
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Thanks. I had to restart my portfolio, but these are great companies and I still have them both in my portfolio.