October was not a very exciting month, in terms of dividend income.
2 of the 16 companies I am currently invested in, paid me their dividends.
KO - $13.86
GE - $9.20
Total October (gross): $23.06
Total dividends received in 2015: $287.65 (net)
My 2015 goal for dividends is to receive a net total of $300 of them.
With only $13 to go, I think it it safe to say I will be reaching this goal.
That makes me a happy person, especially if you compare this to what my local bank would have paid me.
If we compare this months result to last years, we were able to create a small increase.
October 2014: $22.08
October 2015: $23.06
This is a 4.44% increase.
It's not amazing, but with the power of compounding behind me, I'm still happy with this result!
While it was a calm month on the dividend income, we cannot say this about dividend raises.
On October 14th, OHI increased their dividend from $0.55 to $0.56.
This is a 1.8% increase. Due to this change, my YOC is now at a very nice 6.31%.
On October 21st, KMI increased their dividend from $0.49 to $0.51.
This is a 4.1% increase. Due to this change, my YOC is now at a nice 5.86%.
On October 27th, AFL increased their dividend from $0.39 to $0.41.
This is a 5.1% increase. Due to this change, my YOC is now at 2.6%.
How was your October?
Thanks for reading.