October Dividend Investments and Passive Income Summary

This post will detail my monthly activity for the month of October.  I had a pretty decent month, as I added to my investments in my dividend growth portfolio and my Thrift Savings Plan (TSP) account.  During October, I was able to invest a little under $3000 in fresh capital to my investments.  This blew my $1500 monthly goal out the water, so I was very happy with that.  In addition, I’ve been saving for a relatively large buy or two, so I have around $1600.00 ready to be put to work, when I decide on the right stock(s).  In other “passive” income streams, I received $100 in credit card rewards, $10.55 in monthly dividends from my bank, and a positive cash flow of $325 in my investment (rental) property. 

Dividends Received:
 
My dividends received for the month were very dismal.  I received $1.31 from the Coca-Cola Company (KO) and $0.58 from the Dr. Pepper Snapple Group (DPS).  I can’t wait to see these numbers rapidly increasing month over month, as I put my money to work by investing in dividend growth companies. 

Buys:
 
During the month I continued actively contributing to weekly/monthly purchases of my core positions, such as ExxonMobil, McDonald’s, Coca-Cola Company, Target Corp., etc.  I initiated a new position with the Ford Motor Company (F), as I purchased 51 shares at a share price of $14.50.  I’m looking to double that position soon, as I still believe there is value in F and with its nice yield on cost.  In addition, I made some extra purchases of ConocoPhillips (COP) and ExxonMobil (XOM), as the energy sector has been down with low oil prices.  I’m still looking to add to this sector, as I have a few on my short list to initiate a position soon, such as KMI and BP. 
 
I’ve been really leveraging my Loyal3 account to reap the benefits of dollar cost averaging and no fees, as I’ve made weekly purchases in a variety of existing holdings.  I continued to actively invest in the Walt Disney Company (DIS), McDonald’s (MCD), The Coca-Cola Company (KO), Target Corp. (TGT), and Wal-Mart (WMT). 
 
As far as my direct investments, I made monthly purchases in ConocoPhillips (COP), Exxon Mobil Corp. (XOM), Lockheed Martin Corporation (LMT), and Verizon Communications Inc. (VZ). 
 
 
Retirement Investment Account, Thrift Savings Plan ( TSP ):
 
I continued making by-weekly contributions in my TSP account.  I changed my allocation percentage this month to the following: 

1.  C Fund, Common Stock Index, 52% Allocation
2.  S Fund, Small Cap Index, 28% Allocation
3.  I Fund, International Stock Index, 20% Allocation

 
Investment Property:

I had no changes to my investment property this month, as it is still currently leased and tenant paid the rent on time.   I do plan on trying to refinance the property soon to maximize profit and reinvestment in the property.  Here is the breakdown:

Loan payment - $845
Rent income - $1300 minus management fees of $130 = $1170
Positive cash flow = $325 monthly

Other:
 
I had a few other sources of passive income for the month, which included my monthly credit card rewards and my monthly dividend through my bank.  During the month, I received $100.00 in credit card rewards, which is higher than most months.  I use my reward cards as much as possible to maximize rewards.  In addition, I received $10.55 in a monthly dividend from my bank from my cash balance.   

Summary:
 
My passive income for the month totaled $437.44 and I was able to invest a tad under $3000.00, with additional savings of around $1600 for future investments.  Overall, it was a productive month, as I continue to learn from my fellow bloggers and actively invest in quality companies.  Thank you for reading!
 

Special Agent Dividend