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Dividend Income Summary: Bert's October 2020 Summary

Published Wed, 18 Nov 2020 00:14:57 -0500 on Seeking Alpha

Seeking AlphaDividend StrategyDividend Income Summary: Bert's October 2020 SummaryNov. 18, 2020 12:14 AM ET|| Includes: CAH, CINF, CM, CSCO, DEO, GPC, GSK, IRM, ITW, LEG, MCD, O, OXY, PM, SLB, TOT, VIACby: Dividend DiplomatsDividend Diplomats Large-cap, Dividend Investing, Dividend Growth Investing, ValueDividend Diplomats .cls-1{fill:#024999;}SummaryIn October, we received $509.21 in dividend income. That is a 47.5% increase compared to last year.
Dividend cuts sting. That is for sure. We felt the impact of two dividend cuts this month.
he dividend increases I realized from 3 of the largest companies compared to last year were all due to the companies increasing their dividend and my reinvestment of previous dividends.
Another month is in the books in 2020. The calendar has turned and we are entering the holiday season. I cannot believe it is almost 2021! Still, the dividends continue to trickle in, regardless of the month. This article will summarize our dividend income for the month of October 2020.
Why I Invest in Dividend Stocks Our goal is to achieve financial freedom by investing in dividend growth stocks. Lately, we have been focusing on purchasing the best dividend stocks and/or dividend stock ETFs. To us, dividend investing is simple. Dividend investing is the easiest form of passive income. Nothing beats receiving income without having to lift a finger, right? That's what separates dividend income from other forms of income.
To find dividend stocks to purchase, we use our dividend stock screener. Over the years, our stock screener has helped us find some awesome undervalued dividend stocks. This simple, 3 step stock screener is designed to identify undervalued stocks with a strong payout ratio that have a history of increasing their dividend. I can't think of the last time we purchased a stock without using our stock screener.
Dividend investing in 2020 is as important as ever. Our cash is earning essentially nothing in our savings... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
IRON MOUNTAIN 34.14   28.4 1.20 2.44 7.29
OCCIDENTAL PETROLEUM 45.40   9.0 5.05 3.16 6.81
PHILIP MORRIS INTERNATIONAL 74.90   14.9 5.03 4.68 6.12
SCHLUMBERGER 36.90   24.6 1.50 2.00 5.34
CANADIAN IMPERIAL BANK OF COMMERCE 81.35   9.5 8.59 4.33 5.17
TOTAL 51.70   12.8 4.03 2.38 4.59
GLAXOSMITHKLINE 41.03   18.4 2.23 1.83 4.47
CARDINAL HEALTH 48.48   10.8 4.51 1.92 4.01
LEGGETT PLATT 42.18   19.6 2.15 1.60 3.82
REALTY INCOME 74.49   56.9 1.31 2.72 3.69
GENUINE PARTS 97.52   18.1 5.38 3.05 3.14
CISCO SYSTEMS 49.93   19.2 2.60 1.40 2.85
DIAGEO 166.57   0.0 0.00 4.22 2.57
ILLINOIS TOOL WORKS 159.85   21.5 7.45 4.28 2.54
MCDONALDS 212.15   27.9 7.61 4.64 2.21
CINCINNATI FINANCIAL 113.24   15.3 7.41 2.24 2.00


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