October 2016 Dividend Income

It is a new month once again and to continue my awesome streak of monthly dividend income reporting, it is that time once again to tally up all those dollar bills that magically flew into my brokerage account. These are my lowest dividend income producing months, though as you will see I still managed to increase the dividend income with double digit growth. Primarily it was due to acquisitions that occurred a few months ago such at VIAB purchase and some as I like to call the automatic annual dividend raises from a few holdings. Also, this month’s purchase of STAG did not make the ex-dividend date cut and will be payed forever going forward on monthly basis.

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. Here are the dividends.

 

Coca Cola Co. (KO)	$9.80
Reynolds American, Inc. (RAI)	$21.62
Viacom, Inc. (VIAB)	$9.00
Kimberly-Clark Corp. (KMB)	$9.28
Phillip Morris International, Inc. (PM)	$58.77
Realty Income Corp. (O)	$9.80
The Buckle, Inc. (BKE)	$7.57
Total	$125.84

 

When statistically comparing last years dividend income total from October 2015 to October 2016, it represents a positive 34.6% for a year over year increased dividend growth. The growth difference from last quarter is positive 10.7% for a quarter over quarter increased dividend growth.

I will DRIP the following upcoming month: BKE, COP, KMI, MAT, TROW, UNP, VIAB & WFC.

The dividend income page is updated accordingly.

Thank you for reading & have a great day!