October 2014 Dividend Income

Dividend_Income_MoneyWhat a wild ride October has been! It was smooth sailing until the market took a nose dive and on the 16th and Dow Jones Industrial Average had reached a very sunken 16,200 points, around a 1,000 point drop. The sell-offs instantly became the number one topic on the television finance shows. The next day, the tide turned as Dow rebounded back over 17,000 mark. Correction in the market achieved. Did anyone get hurt? No, so just calm down and breathe.

I think you can take a positive out of any bad situation and so I believe as an investor these smaller corrections serve as a great training for the next collapse in the market. You see these corrections are very similar to body building sets of repetition of weight in the gym, except each correction is training your inner investor’s patience, emotional control, and discipline. The more you have them without abandoning your strategy and selling your portfolio, the stronger you become for the next one. The goal is to stay calm in these situations, look beyond the noise by thinking rationally and seeing ever greater earning opportunities.

The portfolio that I have build up these last few years have brought another fruitful month of October. I enjoy publishing this dividend income report as I have gained a better understanding of how much capital is coming in every month and how much it is increasing over time. I have received a total of 7 direct deposits in the month of October. When compared dividend income to last years total in October 2013, it shows an improvement of 59.4%. The difference from last quarter is 8.9% increase.

  • Coca Cola Co. (KO) – $8.54
  • Union Pacific Corp. (UNP) – $11.06
  • Kimberly-Clark Corp. (KMB) – $8.47
  • Baxter International, Inc. (BAX) – $11.96
  • Phillip Morris International, Inc. (PM) – $42.19
  • Realty Income Corp. (O) – $8.68
  • American Realty Capital Properties, Inc. (ARCP) – $36.92

Total – $127.82

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15 Comments

  1. Captain Dividend on November 2, 2014 at 22:06

    Wow that’s a huge improvement over last year. Great work DV

    • DividendVet on November 3, 2014 at 09:07

      Thanks, close to doubling year over year is definitely very inspiring to keep going.

      Best wishes.

  2. FerdiS on November 2, 2014 at 22:37

    Love the photograph! Great work on dividend income this month — keep up the good work.

    • DividendVet on November 3, 2014 at 09:15

      Me and my wife actually made this header picture. We had a few hundred dollars and a good quality camera laying around so one day we ended up taking a few snaps and making what it is today. Glad you like it!

      Thanks for stopping by.

  3. DivHut on November 3, 2014 at 00:42

    Great month and awesome YOY growth. If this isn’t hard proof highlighting the benefits of dividend income investing then I don’t know what is. A few names on your list are common to mine as well. I’ll be posting my dividend income in a few days. Thanks for sharing and look forward to your next update.

    • DividendVet on November 3, 2014 at 09:21

      Yeah, you know tracking the income on this website has been extremely beneficial to me and I hope to my readers. If you just invest without tracking in how much you make every month and how much it is growing per quarter or YOY, you would be having a hard time seeing the growth in action. Serves great motivation and inspiration.

      Can’t wait to see your numbers!

      Take care.

  4. writing2reality on November 3, 2014 at 14:31

    You’re doing well, and the year over year growth is fantastic. As a visual person myself, tracking my dividend (and passive income in general) and seeing how it has grown is so rewarding. Doesn’t hurt you can then visualize how that income compares to your monthly expenses, and what kind of coverage you’ve already obtained.

    Keep up the good work!

    • DividendVet on November 4, 2014 at 08:56

      Thanks, you are killing it yourself over there. My monthly expenses very too much where sometimes I save a bunch load and keep my expenses under a thousand dollars, in other instances I go way over that. Trying to keep myself consistent, but when expenses come out of the woods it is hard to budget myself and stay consistent. The few hundred dollars definitely provide a good boost towards morale, because that same few hundred are going to be outpacing my expenses later down the road.

      Good luck.

  5. Dividend Mantra on November 3, 2014 at 16:14

    DV,

    Great month! And congrats on the 59% year-over-year boost in dividend income. Gotta love that!

    Those are some excellent names up there. UNP is a company that I’ve considered one of those top-tier names that I just haven’t invested in yet. It’s a shame, because the railroads have been on a tear over the last couple of years. DLR has also done well for us.

    Keep it up!

    Best regards.

    • DividendVet on November 4, 2014 at 09:04

      Hey thanks, no sweat on my part. UNP has been great investment so far, every time I take a look at their financials I am blown away how well diversified and fitted they are. It seemed there were a few good entry points this last correction and then the stock went back up. You gotta catch the train before it leaves!

      Yeah, DLR has been superb, though I wish I could say the same about ARCP. As long as the dividend keeps coming I am a happy.

      Always good to hear from you.

  6. JC on November 5, 2014 at 08:19

    Congrats DV! Almost $150 and a whopping 59% YoY improvement. That will help out nicely! We own a lot of the same companies but I don’t own UNP. Really want to though. Guess it’s time to take a look at their valuation.

    • DividendVet on November 6, 2014 at 20:28

      Thanks for the support. Like I said before, UNP is an outstanding company and has been doing better and better. Lets hope we both get some good entry prices, would love to have more shares.

      Take it easy.

  7. Dividend Diplomats on November 12, 2014 at 16:46

    Div Vet,

    Nice work! Almost crossing the $200 mark on an off mark is impressive. I see that we share PEP, PM and O – have to love em! All have been great investments so far. Sorry to hear about the news with ARCP – my buddy Bert went through the same thing, it will turn up though.

    -Lanny

    • DividendVet on November 13, 2014 at 13:48

      Yeah, it is quite unfortunate when ARCP brought out the news of fraud within the company. As an outsider, we cannot foresee these things, but I do have a optimistic view at this whole ordeal. ARCP will come out stronger and better from this whole experience and perhaps put some stronger measures in preventing it again from happening.

      Other investments as you mentioned have been spectacular!

      Thanks for stopping by.

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