Dividend Income Update Oct 2016

Written by MrStockFox. Posted in Dividends

Dividend Income

If you wish to view any of my past monthly updates you can find them here.

This month was a frustrating one, although very successful.  I was only $10 away from entering into the quadruple digit club. Don't get me wrong, I am very happy at my progress this month.  My next shot will most likely come next year, possibly as early as May to break the $1,000 in monthly dividends.  In 3 short years I have taken my dividend income from virtually nothing to almost $1000 a month.  

Looking at things in more detail, my monthly income was 149% higher than the same month a year ago and up 198% over last quarter.  I took in a whopping $990.37 for the month of October.  My portfolio value increased from $256,261 to $258,131 which also includes my contributions of $8455.  Overall my portfolio lost around $7576 in value or 2.96% last month if you take out my contributions.

I continue to make steady progress towards hitting my $10,000 dividend income goal by the end of the year.  At the end of October, my 12 month future dividend income came in at $9716. That number is up from $9400 last month.

Current Stats
  • 12 Month Income = $6650
  • Total 12 Month Future Dividends = $9716

This month I am providing a new graph which shows my historical and projected income. Each of the dips on the red curve are months in which I received major dividend cuts.  I have always seems to bounce back each and every month.

Key:

  • Dividend Income by Month
  • 12 Month Moving Average

Key:

  • Historical Income for the past 12 Months
  • Projected Income for the next 12 Months

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Key:

  • 2014 Income
  • 2015 Income
  • 2016 Income

Purchases

Below are all of my purchases for the month of October 2016. 

Company
Symbol
Company
Name
Shares
Purchased
Dollars 
Purchased
Income
WPC W P Carey Inc 1 $62  $3.94
ABC Amerisourcebergen 15 $1106  $20.40
SBUX Starbucks 4 $213 $3.20
UL Unilever 5 $212  $7.80
VFC V F Corp 6 $325 $10.08
BMY Bristol Myers 10 $500 $15.20
CVS CVS Health 23 $2016 $45.08
DIS Disney 2 $186 $2.64
TD Toronto Dominion 6 $265 $9.84
RY Royal Bank of Canada 9 $560 $22.23
BNS Bank of Nova Scotia 1 $53 $2.20
NKE Nike Inc 17 $890 $10.88
NSU Nevsun Resources 15 $43  $2.40
PFE Phizer Inc 5 $162  $6.00
T AT&T 18  $659 $35.28
TROW T Rowe Price 6 $399 $12.96
ABBV ABBVIE 30 $1700 $76.80
    TOTAL $9343 $286.93

Monthly Capital Contribution

Below you can view the total dollar contributions made to my Dividend Portfolio since inception along with the 12 month total in red.  Currently my 12 month capital contribution total is coming in at $63919.  Going forward I would like to contribute at least $50,000 a year to my dividend portfolio and as of the last 12 months I seem to be crushing that number since I am currently closer to $60,000.  In the month of October I added $8455 in new funds to the portfolio.

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Portfolio Value

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Since I tend to take profits more often than the typical buy and hold dividend investor, my Cost Basis and Portfolio Value ratio are not an accurate reflection of my overall profits within the portfolio. 

Portfolio Weighting

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Option Income

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Key:

  • Dividend Income
  • Option Income

If you wish to view any of my past monthly updates you can find them here.

Thanks for reading.

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