October Dividend Income

After 35 years of clocking in and out of work and religiously saving at least 10% annually in my 401K every year, my countdown to financial independence is in sight. Each month is a step closer and let’s look at how this past month is getting me there.

For the month of October I made $3672.03; an increase of 10.93% versus this time last year. This is below my 12.5% goal but still acceptable as most of my new and reinvested funds have been buying stocks that payout in the last month of a quarter.

In October I received 3 dividend raises from ABBV, ARCC & PNW.  Together this will add an additional $309.73 to my annual income going forward.  The bulk of that comes from ARCC with their large 11.6% raise.  Looking at next month AT&T will be the big question mark if they are returning to their traditional November timeframe for announcing a dividend raise.

On the home front I spent my time getting the house ready for winter. Only things I have left to do is change the oil in my snow blower and clean my chimney before I startup the woodstove and wait for that first snowfall.  

At work it is time to renew my benefits. Out-of-pocket costs increased 9.16% with a breakdown of each benefit as follows, Medical Insurance +10.45%, Life Insurance +6.1% and Disability Insurance +4.04%. 

One last cool thing I love about this month is it changes my retirement calculator. In my new image at the top of the post the years column went from 5 to 4, it is getting real baby!

Date	Symbol	Company	Amount
10/3/22	AGR	AVANGRID	$24.34
10/3/22	ALL	ALLSTATE CORP	$5.14
10/3/22	DIVO	AMPLIFY ETF TR CWP ENHANCED DIV	$100.86
10/4/22	GRMN	GARMIN LTD	$77.51
10/4/22	IRM	IRON MTN INC	$500.07
10/4/22	KMB	KIMBERLY-CLARK CORP	$17.37
10/6/22	GSK	GSK PLC	$101.60
10/6/22	TU	TELUS CORPORATION	$56.13
10/7/22	MRK	MERCK &CO. INC	$152.21
10/11/22	BBY	BEST BUY CO INC	$21.38
10/13/22	MPW	MEDICAL PROPERTIES TRUST INC	$208.12
10/14/22	AQN	ALGONQUIN PWR UTILS CORP	$338.60
10/14/22	KBAL	KIMBALL INTERNATIONAL INC	$2.51
10/14/22	LEG	LEGGETT &PLATT INC	$303.42
10/14/22	WPC	WP CAREY INC	$583.13
10/17/22	CPT	CAMDEN PROPERTY TRUST	$14.42
10/17/22	EPR	EPR PROPERTIES	$85.49
10/17/22	PKG	PACKAGING CORP OF AMERICA	$20.15
10/19/22	BCE	BCE INC	$388.63
10/20/22	PSEC	PROSPECT CAP CORP	$98.13
10/28/22	OGE	OGE ENERGY CORP	$147.03
10/31/22	AMNF	ARMANINO FOODS DISTINCTION INC	$44.10
10/31/22	BGS	B&G FOODS INC	$283.29
10/31/22	BNS	BANK OF NOVA SCOTIA	$37.97
10/31/22	NUSI	ETF SER SOLUTIONS NATIONWIDE NASDQ	$15.71
10/31/22	M1 Finance	M1 DIVIDEND GROWTH ACCOUNT	$44.72