September 2019 Dividend Income

I received $367.79 in taxable September 2019 dividend income. Some large contributions the last three months are paying off, especially VTI. Happy to be back to making contributions.

Dividend Growth

A nice, unexpected increase from Wells Fargo! Sadly, this is one of the smaller increases lately from NDSN. VTI varies (and doesn’t always increase), so sometimes VTI produces a negative increase if I calculate the same way as my other DGI stocks.

I’d have to invest $59 at my current 2.12% portfolio yield to increase my income this much.

Forward Dividend Income

The light blue bars show that I’ve been adding a ton of new annual dividend income via contributions. New contributions have taken my average monthly income from about $140 to about $195.

I keep adding mostly VTI with the goal of getting to 50/50 VTI vs individual holdings. I’m at about 43/57 now. Individual stocks are more fun, but I see this as a way to not get too overconfident in my stock choices.

Purchases – VTI, TRV, DIS, KO, NOC, MDT, HRL

Purchased 40.44 shares of Vanguard Total Stock Market (VTI) @ $153.45/share

Another sizable VTI contribution, now three months in a row! I’m definitely back to making contributions!

Purchased 3 shares of Travelers Insurance (TRV) @ $145.38/share

I could use more exposure to the insurance industry. As I write this, I realize I should bump up my TRV even more, or possibly open up an AFL position.

Purchased 3 shares of Disney (DIS) @ $136.26/share

When I think of stocks that were here when I was born and will be here when I die, I think of Disney. Not a hard choice to keep adding DIS.

Purchased 8 shares of Coca-Cola (KO) @ $54.16/share

KO is one of my earlier buys, and I haven’t really added to it since. It had a bit of a run up recently and caught my attention again. Just a stalwart of a company that deserves to be more represented in my portfolio.

Purchased 1 shares of Northrop Grumman (PG) @ $373.90/share

I love defense contractors, but I don’t want to go all in on any of them when there are so many good ones to choose from. I have a decent chunk of LMT in my Roth IRA, so I am happy to add a bit more to my taxable NOC holding.

Purchased 3 shares of Medtronic (MDT) @ $109.39/share

Medtronic is one of the legendary dividend growers with a 41-year streak. I was late to pick up on MDT, but I’m trying my best to catch up. It has treated me well.

Purchased 4 shares of Hormel Foods (HRL) @ $43.24/share

Being a Robinhood investor, I love picking up single shares here and there. HRL has been a frequent target when I get a few dividends built up, but not enough to buy anything over $50. I decided I wanted HRL to have a bigger position, and picked up a couple shares instead of just one.

Head on over to my portfolio page if you’d like to see what companies pay me in other months!

6 thoughts on “September 2019 Dividend Income

    1. It’s been a wild few months! I had a good emergency fund during my layoff, but now I’m employed again and can deploy some of that. Probably won’t keep up this pace for much longer. It almost puts me where I would have been if I didn’t stop contributing late last year.

      July – $10,500
      August – $15,100
      September – $8,400

  1. Those recent contributions are certainly paying off, Dozer… over $130 more than any previous month. Nice!
    As always, I like your purchases. You are methodically building up your positions.
    Any reason you didn’t list this month’s dividend payers and their amounts?

    1. Thanks ED! I think we have a similar strategy. Good catch on the monthly payers – somehow I missed that for August and September but I put them both up. $221 from VTI in September alone!

  2. Looking good. Some great names paying you last month with quite a few in common with my portfolio. Also, love seeing that buying continue. Each month, consistently buying stocks should create an nice ever growing passive income stream for you. of the list TRV might look like an interesting play. I wish I had bought back at $100. Thanks for sharing.

    1. Thanks DivHut. I like having TRV to represent insurance to some degree – I’ve had my eyes on AFL too. Thanks for checking in!

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