Nov 02 2016

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 (pixabay.com)


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