Well Rounded Investor

My journey of becoming financial independence by 35 years old

October Dividend Income +45.93%

For everyone who’s been following my journey, I thank you for your continual support. It has been a spectacular dividend year.

Can you believe it? It’s October already. We are fortunate here having to experience all four seasons. It was a rainy day, we figured the local park wouldn’t have as many people going out there. We were right, the park was pretty much empty, and the lighting was perfect for a picture day. Coming back from the park, I was exhausted, time to post my dividend progress.

October marks the first months that my Mini Canadian Bank ETFs and additional buys here producing dividends. During the market downturn in August, September and October, I took an opportunity to buy up Canadian Big Banks. All of which was yielding >4% at the time. It was too sweet of a deal to pass up, and as you can see the investment is paying off so far in the price appreciation and dividend appreciation.

Date Symbol/Description Net Amount
10/30/2015 JPM – JPMORGAN CHASE & CO 103115 20 $8.80
10/30/2015 TD – TORONTO DOMINION BK NEW 103015 10 $3.88
10/29/2015 BNS – BK NOVA SCOTIA HALIFAX 102815 10 $5.33
10/28/2015 CM – CDN IMPERIAL BK COMMRC 102815 10 $8.53
10/26/2015 GE – GENERAL ELECTRIC COMPANY 102615 90 $20.70
10/15/2015 BXMT – BLACKSTONE MORTGAGE TRUST INC 101515 20 $12.40
10/15/2015 O – REALTY INCOME CORP REIT 101515 50 $9.53
10/15/2015 STWD – STARWOOD PROPERTY TR INC 101515 20 $9.60
10/15/2015 WPC – W P CAREY INC 101515 10 $9.55
10/14/2015 DEO – DIAGEO PLC SPONSORED ADR NEW 101415 15 $32.06
10/14/2015 FOXA – TWENTY-FIRST CENTY CL A 101415 20 $3.00
10/1/2015 BXLT – BAXALTA INC 100115 10 $0.70
10/1/2015 BAX – BAXTER INTERNATIONAL INC 100115 10 $1.15
Total $125.23

Jan 0

Feb 107.67

Mar 658.55

Apr 38.44

May 163.3

Jun 577.63

Jul 55.74

Aug 180.72

Sep 618.66

Oct 125.23

Total: $2525.94

Let’s take a break and smell the roses.

image

This month is noticeably higher than the $55.74 in dividends I received in July 2015. While $125 doesn’t look like much, but it’s  a 45.93% increase over the quarter. You know, if I can double it two more times, that would be a living wage somewhere in the South America, Southeast Asia, or Africa. The market has recovered by 8%, it will be hard to find great deals as the month of August and September, but I won’t let that stand in my progress.

45.93% increase is like living in the dream

image

I was able to cover just over 10% of my expenses (check out how I kept my lifestyle from inflating) this past month through the power of dividends. It’s really great to know that I was able to cover 10% of my monthly expenditures without lifting a fingure. I don’t have to get up at 4am to be at work somewhere to earn that amount. It’s completely passive income.

The progress of dividend growth investing is real and tangible. The market can decide to mark up or mark down the value of a company day by day, but the dividends will still roll into my brokerage account just like usual. Dividends are reliable just like my expenses, and that’s one of the reasons I plan to use this strategy as my secondary income generator through early retirement. I either use dividend income to continue to reinvest to offset old age expenses or if one day I’m tired of managing property, dividend income will serve as my main source of income. It’s funny when my income is now come from 12 businesses rather than just relying on one company (my job). My job which there is always a risk of getting fired or layoff at anytime, but with pay checks coming from 13 different sources, even if I don’t receive pay from 1 or 2, I’m still largely unaffected. That’s the beauty of dividend investing strategy.

With 10 months of 2015 behind us, I’m now almost achieve one of my goals to generate $3,000 in dividends during the year. I am 84.20% on my way to completing my primary goal. I’m a little ahead. If I add December into the calculation, October and November will be bonus. I’ve now received a total of $2525.94 in dividends for the year of 2015.

I’ll add October into my dividend page to reflect the changes.

*notes all the photos are from the garden within walking distance from my rental property.

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11 comments on “October Dividend Income +45.93%

  1. Div4son
    November 3, 2015

    Good Job! That’s a huge quarterly jump which confirms the power of DGI. Thanks for sharing!
    D4s

    Like

    • Vivianne
      November 4, 2015

      Thank you, thank you! It’s a bit easier at the beginning. It would be a lot harder to go from $500 to $1000. 🙂 slow and steady wins the raise.

      Can’t wait until my slow month return a meaningful cash flow. 🙂

      Like

  2. Roadmap2Retire
    November 3, 2015

    Amazing progress, WRI. 45% QoQ is nothing to sneeze at. Congrats on the dividend income and keep up the great work.

    Best
    R2R

    Like

    • Vivianne
      November 4, 2015

      I got to search for some more value stocks that pays dividend in October and November. Either that or I have to star averaging up.

      Thanks for stopping by and commenting.

      Like

  3. Liquid
    November 4, 2015

    That’s a great quarter over quarter return. 🙂 My Oct dividends were about the same July’s. I can’t wait until we’re both making 4 figures a month in dividend income, like some of the big DGI players.

    Like

    • Vivianne
      November 4, 2015

      Soon, my friend, soon. I have a bunch of cash ready to unleash. For the next down turn. It’s probably won’t be for awhile, as the holidays seasons, stocks tend to do well. I’ll find value and pace myself on the buys, hold back for another big down turn when the Fed raise rate. 🙂

      Like

  4. dividendhustler
    November 4, 2015

    Great Job Vivianne! You’re doing wonderful my dear. It’s awesome feeling eh. I’m happy for you and keep it up!
    Thank you for sharing and logging your journey with us. Cheers my dear.

    Like

  5. DivHut
    November 7, 2015

    Solid results any way you look at it. Still love those Canadian banks and I see your TD and BNS paid you in October. Keep the hustle going to reach your 2015 dividend income goal!

    Like

  6. Tawcan
    November 12, 2015

    Wow talk about amazing growth! Congrats on the giant jump, that’s simply amazing. I’d buy more TD and BNS shares any day.

    Like

  7. Pingback: November Dividend Income +26.3% | Well Rounded Investor

  8. Pingback: December Dividend | Well Rounded Investor

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This entry was posted on November 1, 2015 by in Best post, Dividend and tagged , , , .

Recent Posts: No Nonsense Landlord

November 2015
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November 2015
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