DIVIDEND REPORT :: OCTOBER 2019

For October 2019, the Divs4Jesus Portfolio received dividend income from five different companies (EVC, AVGO, MO, GNTX, and CMCSA). The total was $97.56. This was a 42% increase from October 2018 where the total was $68.57. It was great to see an increase even as we lost the income from GME’s dividend suspension and TROW which was paid out in September this year instead of October. The increases were attributed to DRIPing and/or dividend increases from EVC, GNTX, and CMCSA; plus new payments from AVGO and MO. After two months in in negative for year over year growth, we are glad to see a strong increase for October.

We are hoping to close out the year strong and still beat out last year’s total. Originally we were targeting to crack $2,000.00 at the beginning of the year however, we will be content with surpassing 2018’s total in light of the fact both VALE and GME suspended their dividends in 2019. Those two stocks accounted for 62% of the total income generated in 2018. So losing 62% of our income, but still coming out ahead will suffice for now. Further, it will be a giant boost to the portfolio once these stocks resume payments (likely for VALE not likely for GME anytime soon).

2 thoughts on “DIVIDEND REPORT :: OCTOBER 2019”

  1. Glad to see you are starting to put VALE & GME behind you as your income growth is starting to accelerate once again. We all go trough this and glad you just grinded your way through.

    Excellent job D4J and keep that momentum going!

    • Thanks Ken. We see VALE as a temporary as it was more of a one time issue to clear where GME is a structurally broken so that one may not come back but we’re holding on to see if any turn around is possible.

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