Dividend Income Update – October 2016

Another month has passed by, and it’s time for me to post the dividends that Skyy earned in the month of October. It’s hard to argue the success of long-term dividend growth investing when you can slowly and surely see dividend income rise over time and get closer to covering your family expenses.

I hope these monthly dividend income reports provide inspiration for any investors out there that are just starting out. It shows that it’s possible to one day pay for monthly expenses with dividends, which would provide an investor opportunities and freedom to pursue other interests than full-time work.

October 2016 Dividends Received

  • General Electric (GE) – $9.53
  • Montana Dakota Utilities (MDU) – $5.84
  • Cisco (CSCO) – $2.73
  • Chimera (CIM) –  $77.57
  • Philip Morris (PM) – $2.17
  • Cornerstone Fund (CLM) – $14.89
  • Realty Income (O) – $6.35
  • Coca-Cola (KO) – $3.67
  • Diageo (DEO) – $3.74
  • Aberdeen Income Fund (FAX) – $5.02

Total dividends received during the month of October: $131.51

So the month of October has passed and we are Two days away from the Big election! Honestly I feel like if Trump is elected the markets will Crash big time and if Hilary is elected the market will dip but will most likely make a nice bounce back. I can’t wait for this Tuesday to come, so all of this extra excitement can die down and we can get back to normal business/Federal Reserve.

Recently I have made 2 new buys (NXT-ID & Federal National Mortgage) that I think will be good investments in the near & long term future. Also if anyone has been following Health Care Partners(HCP) they recently had a spin-off that is now called Quality Care (QCP). It has been some interesting developments for HCP the past 3 months but I will speak on that in a future post.

As always we are truly thankful that Skyy was able to earn $131 this month without lifting a finger and continuing to be a great daughter. She did nothing to earn this money except for make great decisions with past capital! Decisions like investing in high quality companies that reward her as a loyal shareholder with a piece of the profit.

Work Hard or Work Smart?

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2 thoughts on “Dividend Income Update – October 2016

    1. Denise,
      You’re Welcome! And yes please continue every little bit of money you can invest will be a bigger boost of income in the Future. Slow & steady wins the race.

      Thanks for stopping by.

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