October 2021 Dividend Income Report - $9.46

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Welcome to the fifty-fourth (#54) dividend income report, covering earnings I've made from dividend-paying stocks in October 2021.

Last October, just like the September we spent both in Georgia and Latvia, there were some circumstances that required us to return. Nevertheless, we still managed to make a few nice road trips, visited some nice restaurants, and so on.

Golden Fall in Latvia / Laidi manor

From the perspective of dividend income - Last October was very low, but as I'm rebuilding the portfolio from the scratch - it's picking up. Slowly but steady.  

In total, I took $9.49  in dividend income last month. Which is quite awesome, for doing nothing, just holding stakes at great companies (y).

Back in July, I decided to start it over and build a dividend-paying stock portfolio from scratch, I sold all existing positions, kept some cash, and started selling credit spreads to generate income, which is used to buy these stocks. 

An additional $686 was made from options trading

As options trading is not a passive form of making money while you are sleeping it wouldn't be fair to include them in dividend income reports.

Subscribe to the newsletter and learn more about my options trades.

Dividend income in October 2021

From the dividend stocks I got the following income last month:

MPW $1.19
NRZ $5.31
AWP $2.96

Total: $9.46

I agree this is nothing much, but still every bit counts

Three dividend stocks paid us dividends last month. All, but AWP are quarterly paying dividend stocks, during the Q1 (January) we are looking to double monthly dividend income.

Monthly dividend income

Monthly dividend income as of October 2021

2021 is not our best year for dividend income, but I'm really looking to return back to normal in 2022/2023

Stock Buys

Last month I bought 2 AAPL,  10 ARCC, 17 AWP, 3 BAC,  100 DOW, 4 INTC, 25 MPW, 8 PFE, 108 UWMC,  30 WBA and 4 WMB. These buys will greatly contribute to future dividend income growth.

Trailing twelve months value

At the end of October 2021, my projected trailing twelve-month dividend value stood at $46.21. It translates to about $554.49 annual dividend income or $1.51 daily dividend income.

The average monthly old-age pension in Latvia is EUR 365 ($422.40). At the end of September, my average monthly dividend income stood at a 10.93 % level from the average old-age pension in Latvia. 

Goals for October 2022

When looking at October 2022, I will be quite optimistic and say USD 75 is what I'm looking at.