Dividend Income Report for October 2019

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Welcome to my 3rd monthly dividend income report for October 2019. In this report, I’ll cover my passive dividend income growth along with dividend increases and changes in my portfolio as I aim for my dividend income to surpass my monthly expenses.

My total dividend income for October 2019 was $5.76.

These holdings are broken down between my FundriseRobinhood and Fidelity individual & SEP IRA accounts.

I received dividend income from my REIT holdings at Fundrise and dividend paying stocks across the brokerage accounts listed above.

To keep these numbers simple, I’ll list the companies I own along with the dividends received.

CompanyTickerDividends Received
Realty Income O0.23
AT&TT1.53
Long Haul Bonds BLV0.14
Dollar GeneralDG0.10
Apple Hospitality REITAPLE1.00
Credit Suisse High Yield Bond FundDHY0.42
Fidelity Government money MarketSPAXX0.05
Fidelity Real Estate Index FundFSRNX0.29
Fundrise2.00
Total (in USD)$5.76

October 2019 Buy and Sells

I sold most of the dividend paying stocks in my Robinhood account to focus more on trading options there. Since Fidelity dropped their stock trading commission fees last month, I can now buy more stocks there without paying a bunch of fees. Kudos to Robinhood for changing an entire industry and causing most brokers to drop all trading commissions. They are truly pioneers of the free stock trade movement.

The plan is to repurchase those dividend paying assets in Fidelity and continue adding more assets each month. While it's disappointing to see my dividend income go backwards, I'm still doing better than my 1st month. Plus, most dividends are paid quarterly so certain months will be greater than others.

Closing Summary

Thanks for reading this report and come back for next month since I plan to add some more dividend paying stocks to my portfolio.

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