September 2014 Dividend Income

Dividend_Income_MoneySeptember is finally done and it is that time again to post my monthly dividend income. I enjoy publishing these dividend income reports as I have gained a better understanding of how much passive income is coming in every month and how much it is increasing over time. I have received a total of 17 direct deposits to my E*Trade account this month. I like to think I have done well diversifying when there are 17 different income sources. That is not counting my other regular income I receive. To me, relying on one source of income is extremely dangerous and that is why I have spread out my wealth to over 29 different allocations that produce dividend income consistently, automatically, and with growth. I would not be dividend growth investor if I would not be looking to grow my income. This is one of the reasons I sold INTC back in April.

This months payout is an all time high with previous one being $278.11 just last quarter. So, it is clearly growing even when I have not been investing regularly like I would like to. When compared dividend income to last years total in September 2013, it is an improvement of 48.2%. Last quarter difference is 2.8% increase to this quarters dividend income. I have been working extremely hard to lowering my daily expenses and save the majority of my income, so I am hoping to have more capital to invest. Overall, I am a quite satisfied as money is making money and everything is slowly fusing together.

  • Aflac, Inc. (AFL) – $21.55
  • ConocoPhillips (COP) – $13.42
  • Johnson & Johnson (JNJ) – $17.58
  • Chevron, Inc. (CVX) – $8.63
  • Lorillard, Inc. (LO) – $17.34
  • American Realty Capital Properties, Inc. (ARCP) – $30.00
  • Kellogg Co. (K) – $8.33
  • Realty Income Corp. (O) – $8.66
  • McDonald’s Corp. (MCD) – $18.20
  • Mattel, Inc. (MAT) – $17.98
  • Waste Management, Inc. (WM) – $9.93
  • BlackRock, Inc. (BLK) – $7.82
  • Royal Dutch Shell (RDS.B) – $28.20
  • Lockheed Martin Corp. (LMT) – $13.44
  • Digital Realty Trust, Inc. (DLR) – $33.20
  • Public Storage (PSA) – $14.00
  • PepsiCo, Inc. (PEP) – $17.75

Total – $286.03


  1. Brandon Jacobson on October 15, 2014 at 20:26

    DV, that’s a good month. I hope to retire from the Air Force in about 6 years and am hoping to use dividends to make up the loss of active duty pay. Love this blog. I sent you an e-mail regarding a blogroll exchange.

    • DividendVet on October 15, 2014 at 20:55

      Awesome, great to hear when retirement is just around the corner which must be very exciting when so close.

      Best regards.

  2. DividendDeveloper on October 6, 2014 at 09:51

    Not bad at all. Recognize all those companies, and own several myself. Very solid portfolio, and should treat you well for years on end,

    • DividendVet on October 6, 2014 at 11:02

      Well, I still have my work cut out since I believe this portfolio is still in an infancy stage. It is treating me quite nice right now, and so lets hope it will be treating me ever better later down the read.

      Tace care.

      • dividenddreamer on October 6, 2014 at 22:43

        Nice month. Increases only lead to more increases down the road. Good luck to you.

        Keep cranking,

        Robert the DividendDreamer

        • DividendVet on October 7, 2014 at 10:13

          Thank you. You are totally right, a few of my holdings raised their dividends recently and it is clearly projected in monthly income.

          Till next time.

  3. writing2reality on October 1, 2014 at 20:44

    Got to love setting new records! As others have mentioned you have some nice diversification going on! Looking forward to watching you set new monthly records in the future.

    • DividendVet on October 1, 2014 at 21:03

      I am enjoying them so far. I just need to stay disciplined and keep on saving and keep on investing. That is the name of the game.

      You are doing awesome yourself, you been investing consistently lately.

      Thanks for stopping by.

  4. Dividend Mantra on October 1, 2014 at 18:20


    Great looking month right there! And you’ve got your income spread pretty nicely across your positions, with no one company being an overwhelming portion of your income. 🙂

    Keep up the great work! Let’s keep money working for us, making us even more money.

    Best wishes.

    • DividendVet on October 1, 2014 at 20:52

      Means a lot coming from you, I appreciate it. I still have lots of work ahead of me to have each company no more than 5% of my portfolio. Oh and if it sounds familiar, well thats because I am using kind of what you always preach about. I agree with that diversification strategy 100%.

      Hey glad everything worked out for you going back to Florida! Life is a roller coaster, might as well enjoy.

      Always great to have you stop by Jason!

  5. DivHut on October 1, 2014 at 15:04

    Great looking month for you. You hit it in the head when you said, “money is making money.” Nothing like a growing passive income stream. Well over $200 for a month is a nice little boost to any account. Thanks for sharing.

    • DividendVet on October 1, 2014 at 16:05

      Thanks, I know I am still in my infancy stage with this, but It is becoming not too shabby of an income. You know, not many people know or even realize how money makes money. It is quite fascinating to me because most people think it is by investing into 401k or any other type of mutual fund. But, how do you think those same 401k make money? They all own peaces of companies and other assets that make the investment grow and collects dividends. Now, I am not saying 401k are bad and I own one, but I would rather be in charge of my investments, not have to pay for someone to manage it, and it is a learning process that pays not only monitary dividends.

  6. roadmap2retire on October 1, 2014 at 14:57

    Great stuff, DV. Some really strong companies in your portfolio that I would love to own.

    Keep it up

    • DividendVet on October 1, 2014 at 15:50

      Nothing to worry, you can own these companies and you will. That is the beauty of living in capitalistic society with so many great companies rewarding their owners.

      Take care.

  7. FerdiS on October 1, 2014 at 12:53

    That’s a great income stream from some solid DG companies! Congratulations, and keep up the good work!


    • DividendVet on October 1, 2014 at 15:45

      Yeah, you can clearly see it moving from month to month, it is quite amazing. Thanks for support and you too keep fighting the good fight.

      Thanks for stopping by.

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