Dividend Income

October Dividend Income and Net Worth Report – 2021

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October was certainly a treat for me… both dividend income and net worth grew at a great pace.  Dividend growth is continuing to make up for the lost 2020 year.  Hopefully we can finish off 2021 strong!

October Dividend Income

This month I received $1,471.01 in dividend income!  On average, I was paid $30.65 from 48 different payments!  This month’s dividend income is a TREMENDOUS 39.32% increase over October 2020.
That’s $415.15 more dividend income than last October!

Dividend Income - October 2021


Here is a chart of my passive dividend income progress over the last 5 years.

The dividend portfolio has been updated.

Here are the dividend stock purchases I’ve made between October 2020 and 2021 that have added to this dividend income growth.

October’s dividend income covers all my utilities, food and insurance for the month!

October Dividend Growth (Dividend Increases)

Here are the realized dividend increases I collected this October.  While this isn’t a massive dividend growth month, it was still very respectable!  October was a huge increase in dividend growth especially compared to last October (which was the nasty month for dividend decreases)!

This October I received 13 dividend increases! Four of the dividend increases were over 10%!!!

Dividend Increases - October 2021


October’s dividend increase adds a nice $66.38 in annual dividend income. These 13 dividend increases are the equivalent of investing an extra $1,896.57 of new money at 3.5% yield!

Net Worth

Net worth flips last month upside down and we’ve reached a new high!

Let’s do the numbers…

Net-Worth-Report-September-2021

Cash

Cash is continuing to decrease.  This is a conscious effort to invest more and reduce my cash cushion.  I have also have some planned computer upgrades and some holiday purchases that will take a decent chunk of cash over the next few months.

Real Estate

Real estate maintenance has been a breeze with this new house.  Eliminating our mortgage was  not only a great feeling, but also a nice boost to my free cash flow.  With regards to the rental, we are paying that down semi-aggressively to ensure the mortgage on that property is gone by the time I retire (another 3 years).

For October, our electricity bill was $118 and our gas bill was $41.  This is a massive decrease from the last few (HOT) months.  No AC use has dropped our electricity bill substantially.  That totals to $159 for the month.

Again, we received our rent check on time and zero service calls!

Wrap-up

October really couldn’t have turned out much better!  We are continuing to set both dividend income, net worth, and dividend growth records.  I compared October 2020 to 2021 in terms of all those metrics and I think I’m on the right track: dividend income grew from $1,055 to $1,471 | dividend growth from – ($-73) to $66 | net worth 1.2 to 1.6.  Not too shabby!  I’ll keep searching for the best dividend stocks I can find and try to consistently put money to work… I hope you will too!

I'm a dividend growth investor who is aiming to retire early in 4 years at the age of 45. My goal is to live off the income my dividend portfolio and rental property produce exclusively and leave the corporate rat race. I hope you will join me in this journey!

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