Dividend Income Update October 2016

It’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolios.

Looking back at the month of October it seems that we have seen a lot more of the same that we witnessed in the beginning of the year in terms of increased volatility. Wild market gyrations with many triple digit moves in the DOW, both up and down, and a market that at one point in 2016 was looking quite ugly, then saw all time highs only to give back a lot of those gains in recent weeks can make anyone’s head spin. What gives? I’ll tell you what gives… our consistent, reliable and predictable dividend income. Many seasoned dividend investors already know that the market and even individual stock prices are highly unpredictable and often trade irrationally in the short and even mid term. The one steady aspect of our portfolios comes from diversified dividend income that we’ll all count on one day.

With that being said, let’s take a look back at my October 2016 dividend income.

Dividend income from my taxable account totaled $296.19 up from $269.94 an increase of 9.7% from October of last year.

Dividend income from my ROTH account totaled $137.69 up from $96.30 an increase of 43.0% from this time last year.

Dividend income from my IRA account totaled $0.00 equal to $0.00 from this time last year.

Grand total for the month of October: $433.88 an increase of 18.5% from October 2015.

Brokerage Account

Year to date dividends: $3,153.17

IRA Account

Year to date dividends: $417.07

Disclosure: Long all above.

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