Another month down. Holy smokes, we are only two months away from 2016. Man oh man does time fly by. Kind of scary when you think about it. Now that October has come to an end, it is time to put together my monthly dividend income summary and dissect one of the best feelings out there…receiving a dividend for doing absolutely nothing. Without further ado, let’s review my October dividend income summary!
I recently reloaded my Sharebuilder (now Capital One Investing…I know, it will take some time getting used to) with some extra capital and was ready to make a purchase. We recently built a small watch list that had me focused on buying two stocks I already own. But man, what a difference a week can make and after some time, a new stock entered the picture for me. This is a stock Lanny and I have been watching for a while and are huge fans of the stock. Not only is it a Dividend Aristocrat, but it is one of the five stocks we consider a foundation stock for any dividend portfolio. Unfortunately my title gave the purchase away, so let’s see why I initiated a position in Consolidated Edison this week.
I am getting ready to move into a new apartment on July 1st. It is going to start the beginning of an amazing new chapter in my life. I cannot wait. One of the pre-move chores is to set up your new place’s utilities. I shopped the price around to eventually settled on the lowest cost provide. This got me thinking, why not spend some time and run each of the companies I shopped around through the Dividend Diplomats Stock Screener? Continue reading to see how FirstEnergy (Ticker: FE), AEP (Ticker: AEP) and Dominion Resources (Ticker: D) measure up against each other.