Dividend Income Update October 2023

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 It’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolio.Without rehashing the wild ride we experienced in the market the last couple of months with triple digit gains and losses coming in seemingly every single day, I could find comfort in one thing, my dividends. As we all know, the market may move up and down irrationally and seemingly on a whim while our dividends remain much more stable, reliable and predictable (even with those occasional cuts we all experience). Sure, dividends may not increase every year and a cut or elimination is even possible but the odds are greatly reduced when you diversify among different companies and sectors and focus on dividend quality (free cash flow, EPS, payout ratios and simply cash on hand). With that being said, let’s take a look at my October 2023 dividend totals.

Date Symbol Description Amount 10/02/2023 KO THE COCA-COLA CO $59.44 10/01/2023 UGI U G I CORP $31.88 10/03/2023 KMB KIMBERLY CLARK CORP $76.14 10/06/2023 CB CHUBB LTD F $7.74 10/10/2023 MO ALTRIA GROUP INC $377.07 10/12/2023 PM PHILIP MORRIS INTL $202.25 10/12/2023 ITW ILLINOIS TOOL WORKS $81.78 10/12/2023 GSK GSK PLC $43.63 10/13/2023 MDLZ MONDELEZ INTL $13.67 10/13/2023 LEG LEGGETT & PLATT INC $33.72 10/15/2023 CAH CARDINAL HEALTH INC $31.94 10/17/2023 DEO DIAGEO PLC $103.95 10/20/2023 JCI JOHNSON CONTROLS $44.03 Total:     $1,107.24

Another four digit month came in this year. As you can imagine, I am quite happy seeing that. October 2023 has given me year over year gain of 12.3% as well. The power of fresh buys, reinvesting and dividend raises at work.Are any of these dividend stocks in your  too? How was your October dividend income? Please let me know below.More By This Author:Dividend Income Update September 2023Recent Stock Purchase September 2023Dividend Income Update August 2023