Live Off Dividends

Passive Income and Personal Finance

Dividend Portfolio Update: October 2017

This was a typical lackluster first month of the quarter for my dividend portfolio. I have to admit looking at the first months of each quarter last year, I’m quite happy with the numbers I’m seeing this year. If I can stay at this pace I may only see a couple months next year that I receive less than $100/month in dividends.

For those wondering how I make free trades and pay no commissions, I use Robinhood for my dividend portfolio. If you want to sign up, use my link and we’ll both receive a free stock valued up to $150!

These are all the companies that paid me dividends in October amounting to $85.73.

I received $5.81 from dividends in my Roth IRA this month. This brings my yearly total to $220.18 and puts my monthly average for the year at $22.02. I still have one more big month for my Roth coming in December!

My dividends year over year in October increased from $43.26 to $85.73. This was a 98.17% increase year over year. For 2017, my average monthly year over year increase is now at 101.27% (excluding January’s 3,558%)! October just fell short of my yearly average, but I’m not complaining.

 

I received a total of $920.90 from dividends in 2016. I’m currently at $1,150.19  this year which is 124.90% of 2016’s total. I’m already about 25% up on 2016’s total and I still have 3 months to bring that number even higher! I might even manage to hit 175% of 2016’s total this year, that would be amazing!

My total annual dividends increased this month from $1,411.69 to $1,478.67, while my average monthly dividends increased from $117.64 to $123.22. This was a 4.74% increase month to month! For 2017, my average month to month increase is now at 1.64%, my portfolio overhaul had a large impact on this number, it would be around 2.39% excluding April, so I expect to be closer to that number next year.

For those of you reading this post wondering how to get started investing, I have written an ebook that outlines just that. It is called Investing In The Stock Market: The Complete Beginner’s Guide. You can check it out here, or click the picture below.

I realize the chart above is small/kind of hard to read. But, if you’re reading this a web browser (not from Facebook) you can zoom. I will work on this issue going forward. I’ve decided to start including a dividend calendar into my monthly posts. The company’s in blue and green are ones that I still own. The company’s in red are companies that I’ve sold throughout the year.

Purchases:

October 6: Purchased 4 shares of PEP at $110.16 for a total of $440.64.

October 6: Purchased 1 share of O at $56.48 for a total of $56.48.

October 24: Purchased 53 shares of O at $55.36 for a total of $2,906.47.

 

Sells:

October 18: Sold 15 shares of IBM at $160.51 for a total of $2,407.65.

Contributions:

Total: $880.00

Dividend Increases: 1 Increase

AbbVie increased their quarterly dividend payout from $0.64 to $0.71. This was a 10.94% increase and will earn me an extra $6.72 annually or $0.56 monthly.

 

This chart shows my average monthly increases from organic dividend growth ( growth from companies increasing their dividend rather than growth from additional capital invested ). My average monthly organic increase for the year is now at $0.50 up from $0.49 last month. A goal of mine is to get my portfolio to the point to where my organic growth matches my growth from additional capital invested and then eventually surpasses it. For 2017, my average monthly growth from additional capital invested is at $1.67. This number is much, much lower than it should regularly be. My portfolio overhaul affected this number as well. Excluding April this number would be about $2.50, so that is my goal for organic growth as of now.

Rental Property: $650

I received $650 for rent in October.

I’m still behind 11 contributions to my dividend portfolio totaling $4,840 from when I was injured at the start of this year. I also haven’t contributed anything to my Roth IRA for the year yet, so that’s another $5,500 that I need to come up with. We still haven’t closed on the three properties so I’m hesitant to tap into my savings until we do.

Here are all my other monthly Dividend Portfolio Updates if you want to catch up!

Leave a comment and let me know how October went for you! I look forward to hearing from all of you every month!

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2 Comments

  1. That looks like a great month to me. You have some diverse income streams which are helping you continue to grow your net worth. With great companies like this paying you a dividend it will only help you snowball your portfolio that much faster. Good job and thanks for sharing.

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