October 2015 Dividend Income

Hundred dollar bills in dividend incomeOctober is officially over and what an interesting month it has been. The volatility in the market has been in full swings as there was a really nice drop for a few holdings I was watching at the end of October. I kind of missed the boat on the first dip in September, but definitely took advantage on the second one. I ended up grabbing some shares of a few different companies. More on that to come soon, as it has been a very busy month for acquisitions.

I enjoy publishing these monthly dividend income reports as I have gained a much better understanding in how much of my passive income is coming in every month and how much it is growing over time. For the month of October, I have received a total of 7 diversified direct deposits in the form of dividends straight to my brokerage account. Also, with the market getting back up I removed DRIP options for the majority of holdings, except for a few stagnant performers such as RDS.B and MAT. I will be deploying the funds manually from here on out as I find better deals than automatic reinvestment process. Anyways, here is the cash from the previous month.

  • Baxalta Inc (BXLT) – $1.61
  • Baxter International Inc (BAX) – $2.65
  • Coca Cola Co (KO) – $9.24
  • Reynolds American Inc (RAI) – $5.76
  • Kimberly-Clark Corp (KMB) – $8.87
  • Phillip Morris International Inc (PM) – $56.29
  • Realty Income Corp (O) – $9.10

Total – $93.52

When statistically comparing last years dividend income total from October 2014 to October 2015, it represents a negative 26.8% for a year over year decreased growth. The growth difference from last quarter is negative .8% quarter over quarter decreased growth.

Goal: With 10 months behind, I am 71.9% of my goal complete.

The dividend income page is updated accordingly.

Thank you for reading & have a great day!

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8 Comments

  1. Captain Dividend on November 3, 2015 at 19:04

    Tough to beat last months total, that was a whopper. How come your total was lower YOY ? Did you make some sales? Thanks, keep up the good work.

    • DividendVet on November 4, 2015 at 16:37

      Thanks Captain! It sure was nice chunk of change last month. Can’t wait to repeat it for a growing forever.

      As for the decrease of YOY was primarily due to sale of ARCP, split and lower dividend payouts of BAX, & UNP jumping ship to another month.

      Thanks for stopping by!

  2. JC @ Passive-Income-Pursuit on November 3, 2015 at 20:36

    Bummer about the decline. I’m guessing there was a dividend cut surprise, some portfolio trimming. Or like me the decline was due to BAX/BXLT. Best of luck moving forward. 2 months to go and 28.1% left on your goal.

    • DividendVet on November 4, 2015 at 16:48

      Hey JC! Absolutely, dividend income just doesn’t get smaller for no reason and like I mentioned above it was a little bit of all factors involved. It is bummer about BAX & BXLT split, I am definitely going to be looking to sell those stakes here in the future since the dividend was overall dramatically lowered. We will see.

      The goal is far fetched now, I will just grind it out for the year and learn from it.

  3. DivHut on November 4, 2015 at 23:32

    Happy to see a few names in common with your portfolio and mine for October. Looks like your goal won’t be met for 2015 but you’ll get close. December is still a big month for divvys. Time to get back on the right track to always show a year over year increase. Just stick to those boring companies and don’t touch. At least the ARCP mess is in your rear view mirror. Thanks for sharing.

    • DividendVet on November 5, 2015 at 13:46

      The goal is a bit too far out, but we learn and we keep on going. Its there to motivate me anyways, so as far as I see it it did its job. As for the year over year decrease for this month, I don’t really mind it since I am not purposely buying companies for the strategic payments on certain months. I have bought many companies throughout this year and majority of them are paying in different months. I am focusing on the fundamentals of the businesses first and foremost. I guess it could be somewhat hard to live up to expectations of always year over year growth, but this is my unique journey with its ups and downs. =)

      Take care.

  4. divorcedff on November 6, 2015 at 07:46

    Dividend Vet

    The decrease in dividend income it is just bump in the road the financial freedom. Keep the snowball rolling.

    • DividendVet on November 6, 2015 at 14:26

      Absolutely, the journey is definitely a road that is less traveled and bumps, twists and turns are all experiences to learn from. Even if sometimes they are negative, you can always take away positive lessons which will only grow you as a person. In any case, to freedom we will keep on rolling!

      Cheers!

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