Dividend Income Update – October 2017

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.

What you’ll see below is a list of every dividend Skyy collected over the prior month, which company paid the dividend and the amount of the dividend.

October 2017 Dividends Received

  • General Electric (GE) – $10.28  
  • Montana Dakota Utilities (MDU) – $6.17
  • Medtronic (MDT) – $2.30
  • Cisco (CSCO) – $3.15   
  • Coca-Cola (KO) – $4.01
  • Chimera (CIM) – $80.48  
  • Philip Morris (PM) – $2.33
  • RPM International (RPM) – $1.60
  • Realty Income (O) – $6.96
  • Nike (NKE) – $0.54
  • Diageo (DEO) – $4.18
  • Sysco (SYY) – $1.65    
  • Aberdeen Income Fund (FAX) – $8.29   
  • Cornerstone Fund (CLM) – $41.30    

Total dividends received during the month of October: $173.24

Once again its crazy to think that we have less than 60 days left in 2017! The markets keep hitting all-time highs, and one has to wonder when will the train stop? Trump has continued to do Trump like things since taking office in January of this year, which surprise surprise has not derailed the markets yet.

I honestly wish I knew when the next market crash would occur because I am well prepared at this point and have solid companies to back me up, as anyone should that is invested in the market today.

As always we are truly thankful that Skyy was able to earn $173 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 Cash Flow!

Work Hard or Work Smart?

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2 thoughts on “Dividend Income Update – October 2017

    1. Hey Bert, Thanks! and yes I picked up Chimera a few years ago and it has been Treating me great ever since!

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