I received $96.73 in taxable October 2019 dividend income. It feels like I’m really knocking on the $100/month every month. Looking back to last year, I received $164, but that was because VTI paid in October instead of September last year. Not considering VTI, I went from about $85 to $97 for the month of October, which I’m fairly happy with.
A little disappointing from IFF! I like IFF’s broad product – just about everything has flavors added. I am mostly hands off, so I have no plans on selling. But, you can see their dividend increases the last few years all in a decline: 20.5%, 19.2%, 14.3%, 7.8%, 5.8%, and now 2.7%.
I honestly don’t know what to expect from MO. I was happy with their 5% increase after their massive increases since 2017.
As for RSG, I will take a healthy 8% increase! Waste handling seems like it will only get bigger and bigger and I’m happy to have them as one of my top individual holdings. Even without the dividend, I love this company. Their current yield is at a 5-year low so hopefully there are some nice dividend hikes in the future for RSG.
I’d have to invest $367 at my current 2.08% portfolio yield to increase my income this much.
Forward Dividend Income
Another healthy month of new contributions. I’ll try for one more of these before I go back to my normal $2k/month contributions. If all my numbers are correct, I’ve just cracked the $200/month average income mark.
Each benchmark is exciting. Way back when I started DGI investing, I had a bit saved up and was leaning toward a rental property. I still am tempted to try that out sometimes, but I love the low-effort return on investment. For now, I’m happy clicking a few buttons and not worrying about tenants and property. Seeing my income hit $200/month is great because that’s the sort of return I was hoping to get if I bought a rental property.
Purchases – VTI, KO, CSCO
Purchased 33 shares of Vanguard Total Stock Market (VTI) @ $151.80/share
I’m aggressively trying to bring my taxable portfolio to a 50/50 ratio of VTI to all other individual stocks. This purchase brings me to about 47/53. Maybe two more months if I can stay disciplined! My plan after that is to maintain 50/50 in contributions, so I’ll be back to having fun with individual stocks soon hopefully.
Purchased 1 share of Coca Cola (KO) @ $53.85/share
I have strengthened a lot of my favorite holdings like V and UNH, but I want to make sure not to forget the more defensive, steady old stalwarts. This is only one share, but I mean to keep building KO.
Purchased 2 shares of Cisco (CSCO) @ $46.54/share
CSCO has been both the victim and beneficiary of my reinvesting style. I began only adding CSCO as my dividends accumulated. When I make a contribution, I tend to pick up higher-priced shares because that’s when I am able to. So, CSCO only found its way to my portfolio when I could buy a share here and there. Despite that, my CSCO holding is in the $900+ range. I’m happy to keep adding CSCO, whether it’s one share at a time or ten at a time.
Head on over to my portfolio page if you’d like to see what companies pay me in other months!
One thought on “October 2019 Dividend Income”
great breakdown and growth. love the goal to have a 50/50 split with vti.
nice additions as well.
keep it up
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