You are currently viewing Dividend Income Report for October 2016

Well, October is over and the end of the Halloween season marks the beginning of November and the run up to the Thanksgiving and Christmas holidays. Many trees in my area still cling to their leaves (perhaps trees are afraid of being naked?) so autumn is still running its course. But winter is coming…

The best way to meet the cold autumn is to grow that warm fuzzy feeling that comes from adding up dividend income at the end of the month. So let’s do the numbers for October and see how things went…

AWP $ 41.00
BGY $ 38.00*
CHW $ 21.00*
CIK $ 22.00*
CLM $ 54.19*
CODI $ 93.60
DHY $ 40.25
DMF $ 12.30
DSM $ 22.83
EAD $ 10.88
EDF $ 38.70*
EHI $ 38.50
EXG $121.95*
HHY $ 30.00
HTR $ 38.00
NCV $ 45.50
OIA $ 4.30
PFN $ 36.00
PNNT $ 42.00
RSO $ 63.00
VFL $ 16.50
TOTAL $830.50

* Includes Return of Capital.

Holy s**t! Another $800+ month! That’s the second time this year! October’s $830.50 narrowly beats August’s $824.30, but that does make October an all-time high for my monthly dividend income.

October proved to be so good because three quarterly dividend stocks (CODI, PNNT, RSO) paid out, making the month unusually good. It’s nice when multiple quarterly dividend payouts coincide during the same month. And when they don’t, that’s fine too as that helps to smooth out the dividend income spikes like October just saw.

Having such a nice phat dividend income for October means that in November I will pay more towards my matching program. It may crimp my savings a little, but that’s fine as that gives me more capital to work with for investing.

Image Credit: jarmoluk (


This Post Has 6 Comments

    1. Dividend Quest

      Thanks for visiting HHWG! I’m glad this site helps inspire you and other dividend investors and shows that with steady, consistent investing, having non-trivial monthly dividend income is certainly possible. It’s a process that’s takes time and capital, but the results are worth having..

  1. Doug

    Awesome dividends being brought in. Next goal 850.00 which will happen soon. Keep it up.

    1. Dividend Quest

      Thanks for visiting Doug. As long as I keep moving forward and consistently invest, then breaking $850 is a near certainty (October’s $830.50 was a mere $20 away from that milestone). Assuming there’s no major dividend cuts next year, then a $900 month in 2017 is very possible as well.

  2. Options Hunting

    BOOM! More than $800 a month again. Nice work DQ. This si some serious monthly income. I think $1k will fall next year.

    1. Dividend Quest

      Thanks for visiting Options Hunting. Yep, once the monthly dividend income started to regularly exceed $500 per month, I was into “non-trivial income” territory, and that’s a great place to be. I’m hoping to have a $1000 month next year. It’s not a certainty, but there’s a good chance it may happen and it will be a HUGE milestone when it does. .

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