Another month has gone by and it is time for a look at my dividend income for October 2015. Each month I will post my latest stock purchases for my Niche Fund – my dividend stock portfolio. My long-term plan is to buy and hold high-quality dividend paying stocks in order to enjoy the flexibility offered by the passive income stream generated by regular dividend payments.
October Dividends Received
KO – $2.61
Total for October 2015: $2.61
This small amount will contribute towards my modest goal of receiving $20 of passive dividend income by Dec 31, 2015. The holdings in my Niche Fund pay quarterly dividends so some months will have more income reflected than others. I look forward to posting another dividend income update at the end of November. I hope to make more substantial progress with each passing month as I will purchase additional shares on a monthly basis.