Lanny's October Dividend Income Summary

October was a busy month, no doubt, and we eventually saw snowflakes on the first morning of November, yikes. Even though it is getting cold in Cleveland, the Dividend Stock Portfolio always is heating up, baby! Without further ado, time to jump into my October Dividend Income results!
Dividend Income Dividend Income is the fruit of the labors for all investments being made. Further, Dividend Income is my primary vehicle on my road to Financial Freedom, which you can see through my Dividend Income and my Dividend Portfolio.
I am adding to my Dividend Income with each Dividend Stock Purchase. How do I research & screen for dividend stocks prior to making a purchase? I usually put the stocks through our Dividend Diplomat Stock Screener and trade on Ally's investment platform (one of our Financial Freedom Products).
I also automatically max out, pre-tax, my 401k through work and my Health Savings Account. This allows me to save a ton of money come tax time (aka thousands), which allows me to invest even more. In addition, all dividends I receive are automatically being reinvested back into the company that paid the dividend. This helps take the emotion out of timing and make a decision.
Lastly, Dividend Increases add quite a bang to the portfolio, as well. As you saw from my recent post in October, dividend increases added almost $330+ for the year through September! I will update this again, at the next quarter-end (middle January), to show you how critical this can... Read more