We are back at the first month of a new quarter. Usually the month with the worst performance and this month was no exception. Although I never look when a company pays me a dividend it would be nice to add a company that pays in the first month of the quarter just to see a nice increase but I guess that will come in the future. For now we work with what we have and that is only 1 but a great dividend growth company!
Dividend income of October
This month I have only 1 company paying me dividend, Toronto-Dominion Bank Ltd. Exactly the same as last year. The Toronto-Dominion Bank payed me € 4,51 in net dividends after taxes and using the current conversion rates.
|Toronto-Dominion Bank Ltd||TD||€ 4,51|
My dividend income for October 2016 was € 4,14 which results in a 8,9% increase compared to last year! When you realize that I didn’t buy any other companies that paid me in October it’s quite nice. Most of it is due to a dividend raise from Toronto-Dominion Bank. Currency rates didn’t have much of an influence.
Toronto-Dominion Bank didn’t increase the dividend this quarter, so no raises to report.
Contributions and purchases
I added € 400,00 in cash to my dividend portfolio.
This month I didn’t buy any stocks.
October can be compared to October of 2016. One dividend payer that increased its dividend during the year. Nothing spectacular going on here. I hope TD keeps increasing the dividend at this rate and it would be nice if one of the future buys pays me in the first month of the quarter as well.
How was your month? Are you happy with your dividend income? Have you made any new buys or did you receive dividend increases?
Don’t hesitate to leave a comment!