Ordinary Dividend Income (2022/10)

Check out the ordinary dividends I received in the month of Oct 2022. A total of 1,011 from eight companies, and I added to 9 of my core holdings.
Ordinary Dividends Report 2022 10

Ordinary Dividend Income 2022/10

 

This month, I received ordinary dividends from 8 companies for a total of 1,011 USD. That’s about 500 USD more compared to last year’s October when I received 485 USD in ordinary dividends. I am of course happy with that increase, which is mainly due to the additional money I invested since then.

See the chart below showing how my ordinary dividend income develops since I started my All-Weather Portfolio in May 2020.

Ordinary Dividend Report 2022 10

 

Ordinary Dividends In 2022 

 

The value of my All-Weather Portfolio currently sits at 599,000 USD. For the whole of 2022, I received a total of 13,600 USD in ordinary dividends. See the following chart showing how the ordinary dividends I received add up for the year:

Ordinary Dividend Income 2022 October

 

I started this portfolio in May 2020, hence the slow ramp-up phase in the second half of 2020.

Here are the ordinary dividends I received in detail:

Date Company Dividend in USD
Oct 3 🇨🇦 Brookfield $137
Oct 3 🇺🇸 Pepsico $83
Oct 7 🇸🇪 Castellum $218
Oct 15 🇺🇸 Realty $105
Oct 15 🇺🇸 Mondelez $67
Oct 17 🇺🇸 Avalon Bay $103
Oct 18 🇺🇸 Store $164
Oct 27 🇺🇸 Cisco $133
  Total $1,011

Please note that these are the gross amounts received.

 

Ordinary Dividends In October 2022

 

It was the first time I received an ordinary dividend from the 🇸🇪Swedish REIT Castellum. This is a stock I have been following a lot and already reviewed before. 30% withholding tax was deducted, in line with Sweden’s withholding tax. I sent a withholding tax reduction claim fax to my broker but seems this did not go through.  

In regards to Store Capital (STOR), I expect this is one or maybe the last dividend I will receive, as it is bought out by a Singaporean group.

 

Stock Purchases 

 

I was again quite active and used the depressed stock prices to add to my core holdings. In total, I bought stocks worth

Date Company Amount Invested
Oct 3 🇺🇸 Anheuser $225
Oct 4 🇺🇸 Welltower $3,250
Oct 6 🇨🇦 Brookfield $3,998
Oct 12 🇩🇪 E.ON $2,159
Oct 13 🇩🇪 Fresenius $2,912
Oct 24 🇸🇬 DBS $3,399
Oct 25 🇺🇸 PG $3,846
Oct 26 🇬🇧 Reckitt $3,409
Oct 28 🇬🇧 Rio Tinto $2,650
  Total $25,846

How To Grow Ordinary Dividend Income?

 

My strategy remains on buying stocks that yield good dividends.

With the $75,000 US I bought stocks with in September, it will take a few months before I’ll see an increase in my dividend income.

In general, I feel the markets priced it a lot of negativity already. Can the stock market still go down from here? Of course, it can, and most likely it will.

 

Investment Plan For November

 

I keep on focusing on buying buy-and-hold forever stocks such the AT&T dividend stock, P&G, or forms like Franco Nevada, in my opinion, the best gold stock in the world. I have no doubt these companies will outlive me. My investment time horizon is in decades, not years or even months.

By focusing on the ordinary dividends I will receive in the years to come from these excellent businesses, I am super relaxed and chilled about whatever the stock market has in store for us in the coming weeks and months.

 

Other Passive Income

 

Besides the above-listed dividends of 1,011 USD, I also earned 11,616 USD in other forms of passive income. In other words, the income I generated from ordinary dividends in October represents approx. 9% of my total passive income.

Click here to unlock and instantly see the breakdown of those 11,616 USD.

 

Read Also

FAQ Section

 

What are ordinary dividends?

Ordinary dividends are the most common form of dividends when companies pay out earnings. In general, dividends can be classified as ordinary dividends or qualified dividends. Ordinary dividends are taxable as ‘ordinary income’, whereby qualified dividends usually meet certain requirements and are taxed at lower capital gain rates.

Are ordinary dividends taxable?

Yes, usually ordinary dividends are subject to withholding taxes that vary from country to country. In the U.S. for example, withholding tax for ordinary dividends ranges between 20%-30%. Withholding taxes on ordinary dividends can usually be balanced off, but this requires the help of a tax advisor.

Are qualified dividends included in ordinary dividends?

For tax purposes, ordinary dividends typically include qualified and non-qualified dividends received. In other words, dividends of stocks bought in the United States, and held for at least 60 days may be “qualified” for the lower rate.

What are examples of ordinary dividends?

Ordinary dividends are the most common form of dividends. The dividend stock AT&T for example paid out an ordinary dividend of $0.2775 USD in August of 2022, of which $0.04 US, or 18%, in the form of withholding tax was instantly deducted. Ordinary dividends are taxed differently depending on the specific details of each company.

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Contents

Freedom Stats

🧑🏻‍🌾 Age at retirement: 40
😰 Left the rat race: May 2017 
🏠 Living in: Singapore
👨‍👨‍👧‍👦 Number of kids: 2
💵 Net Worth: $4.2 Mio US
☂️ All-Weather Portfolio: $600k
🍭
Stock Dividends: $24k
🌳
Passive Income:
$150k

About Me

Hi there, I’m Noah, a hardcore passive income lover, and hunter of the world’s best dividend stocks. On my financial blog, I share my trades, portfolios & the passive income I generate. 

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I’m not a financial advisor. Please do your own research & read the disclaimer. No content is meant to be a recommendation. Pages might contain affiliate links.

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