October 2020 Dividend Report

Welcome to the October 2020 Dividend Report.

My goal here is to review the income received from my dividend growth portfolio during the past month. I also wish to highlight certain dividend changes and recent transactions that took place.

Since its inception in May 2020 the portfolio generated $866 in after tax dividend income.

My total dividend income for the month of October 2020 is $130.65, paid by the following companies:

Merck & Co., Inc.(MRK) $6.40
Cardinal Health Inc (CAH) $7.65
AvalonBay Communities Inc (AVB) $16.69
Philip Morris International Inc. (PM) $18.00
Eastman Chemical Company (EMN) $8.41
Omnicom Group Inc. (OMC) $14.62
Algonquin Power & Utilities Corp (AQN) $8.49
ViacomCBS Corporation  (VIAC) $7.02
Altria Group Inc (MO) $21.28
Cisco Systems, Inc. (CSCO) $6.48
Federal Realty Investment Trust (FRT) $11.92

Here is my dividend income so far this year:

Dividend Changes

This month, two companies in my portfolio announced dividend increases:

ABBV – 10.2%

PNW – 6.1%

There were no dividend cuts this month.

Transactions

I was very active in the market this month. Here to document my activities:

New Positions:

CVS Health (CVS) – New position of 50 shares (bought in three increments)

Equity Residential (EQR) – New positions of 20 shares

Essex Property Trust (ESS) – New position of 5 shares

The Kroger (KR) – New position of 31 shares

Gilead Sciences (GILD) – New position of 17 shares.

Existing positions

AT&T (T)- Added 18 shares to increase my position to 70 shares.

General Dynamics (GD) – Added 4 shares to increase my position to 15 shares

Chevron (CVX)– Added 7 shares to increase my position to 20 shares

Lockheed Martin (LMT) – Added 6 shares to increase my position to 9 shares.

Philip Morris (PM) – Added 7 shares to increase my position to 27 shares

Cisco (CSCO) – Added 27 shares to increase my position to 51 shares

Omnicom Group (OMC ) РAdded 10 shares to increase my position to 40  shares.

Allocation Snapshot

Quality Snapshot

 

Projected Annual Dividend Income (PADI): $2,920

As for cash flow, this month, my passive income covered our entire expenses!  The numbers below are in Israeli currency.

 

And some more charts to measures my progress:

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Derek
9 days ago

Nice report. you were busy in the market this month. I like the look of both OMC and CSCO at current prices.

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