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

Contents

Ordinary Dividend Income 2022/10

ย 

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

ย 

Ordinary Dividends In 2022ย 

ย 

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

ย 

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 ๐Ÿ‡จ๐Ÿ‡ฆ Brookfield $137
Oct 3 ๐Ÿ‡บ๐Ÿ‡ธ Pepsico $83
Oct 7 ๐Ÿ‡ธ๐Ÿ‡ช Castellum $218
Oct 15 ๐Ÿ‡บ๐Ÿ‡ธ Realty $105
Oct 15 ๐Ÿ‡บ๐Ÿ‡ธ Mondelez $67
Oct 17 ๐Ÿ‡บ๐Ÿ‡ธ Avalon Bay $103
Oct 18 ๐Ÿ‡บ๐Ÿ‡ธ Store $164
Oct 27 ๐Ÿ‡บ๐Ÿ‡ธ Cisco $133
ย  Total $1,011

Please note that these are the gross amounts received.

ย 

Ordinary Dividends In October 2022

ย 

It was the first time I received an ordinary dividend from the ๐Ÿ‡ธ๐Ÿ‡ชSwedish REITย 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.ย ย 

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.

ย 

Stock Purchasesย 

ย 

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 ๐Ÿ‡บ๐Ÿ‡ธ Anheuser $225
Oct 4 ๐Ÿ‡บ๐Ÿ‡ธ Welltower $3,250
Oct 6 ๐Ÿ‡จ๐Ÿ‡ฆ Brookfield $3,998
Oct 12 ๐Ÿ‡ฉ๐Ÿ‡ช E.ON $2,159
Oct 13 ๐Ÿ‡ฉ๐Ÿ‡ช Fresenius $2,912
Oct 24 ๐Ÿ‡ธ๐Ÿ‡ฌ DBS $3,399
Oct 25 ๐Ÿ‡บ๐Ÿ‡ธ PG $3,846
Oct 26 ๐Ÿ‡ฌ๐Ÿ‡ง Reckitt $3,409
Oct 28 ๐Ÿ‡ฌ๐Ÿ‡ง Rio Tinto $2,650
ย  Total $25,846

How To Grow Ordinary Dividend Income?

ย 

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.

ย 

Investment Plan For November

ย 

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.

ย 

Other Passive Income

ย 

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.

ย 

Read Also

FAQ Section

ย 

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.

Recent Posts

Subscribe
Notify of
guest
Please agree to the privacy terms
0 Comments
Inline Feedbacks
View all comments

About Me

Hi there, I’m Noah, an avid DIY investor on a quest for wealth & wisdom. I’m sharing my portfolio, trades & dividend incomeย so you can learn from my missteps! Sign up for my 100% free newsletter to get updates.

Freedom Stats

๐Ÿง‘๐Ÿปโ€๐ŸŒพ Age when reaching FI: 40 in 2018
๐Ÿ˜ฐ Left the rat race: May 2017
๐Ÿ  Living in: Singapore
๐Ÿ‘จโ€๐Ÿ‘จโ€๐Ÿ‘งโ€๐Ÿ‘ฆ Number of kids: 2
๐Ÿ’ต Net Worth: $6.5 Mio US
โ˜‚๏ธ All-Weather Portfolio: $1.02 Mio
๐Ÿญ
Dividend Income (2023): $25k
๐ŸŒณ
Passive Income (2023):
$157k
๐Ÿ’ต
Crypto Portfolio: $2.0 Mio
โ™ฅ๏ธ
My 10 Favorite Dividend Stocks

Disclaimer

Iโ€™m not a financial advisor. Please do your own research & read the disclaimer. No content is meant to be a recommendation. Some pages might contain affiliate links that won’t cost you anything.

My Top Content

๐ŸคŸServices I Love

๐ŸงFor stock research: SimplyWallSt
๐Ÿ“š For in-depth research: Gurufocus
๐Ÿ†“ For buying crypto: Coinbase
๐Ÿ† For
buying gold: Goldbroker
๐ŸŒฑ For passive crypto income: Nexo
๐Ÿ” For storing crypto: Ledger Wallet
๐Ÿš” For online safety: Malwarebytes

Recent Postsโ€‹

Search

Join My Email List

Check out my passive income.
100% free. No spam. 
Unsub anytime.

financial newsletter for dividend stocks

Join My Free Email List

Ahoy, captain of your own financial destiny! Ready to hoist the sails towards serene financial freedom?

My spam-free, no-cost emails will map the market seas, and steer you towards independence. Unsub anytime! Bonus – Instantly unlock my passive income!