I break my own monthly dividend income record as I received over $900 dividend income from 41 different income sources.
This is the first time I receive over $900 dividend income in a month. I am very exciting to see these amazing numbers growing faster and faster.
Very soon I will hit $1K per month dividend income, hopefully by end of this year.
I started to build my dividend portfolio in March 2012 and I received $24.12 for the month. Exactly after five years, I received over $900 dividend income.
And, I received exactly $909 for the full year of 2012. After five years, I received $909.71 dividend income just in a month. What a coincident? I am very exciting to see these results in next five years.
At the beginning, I had no idea what I was doing. I bought some stocks and sold them with tiny profits. I was acting like a swing trader and looking for some quick profits. I had no financial goal or no real target.
Later, I learn a lot by reading great investment related books and blogs, set a clear financial goal and started to accumulate income producing assets. And, hold them for longer period of time.
Also, I started this website to publicly share my financial goals, investments, and my successes and failures. To be honest, this website helped me a lot to learn from like-minded readers.
This is why I encourage you to consider starting your own blog and share your thoughts and ideas in your interested field. This will really help you to learn more in your field and keep you motivated to be on your track to achieve success. At the same time, you could help and inspire for thousands of people who follow your blog.
Now let’s get back to discuss about dividend income generated from my investments assets.
Regular readers know that I receive higher dividend payments in the month of March, June, September and December.
I received $909.71 dividend income in March 2017, and it is 17.15% higher than the income I received in March 2016, which was $776.57.
Summing up all the dividends I received in 2017, I came up with $1813.61. One of my short-term financial goals is to receive at least $8000 dividend income during the year of 2017. So far, I’ve achieved 22.67% of the goal.
As I always tell you (readers), I am trying to inspire you by showing my small achievements to start your own journey to reach your financial freedom. It is not a rocket science. If I can do with a middle-class income, then you can do it too.
Now let’s look at my dividend income in numbers.
Dividend income from Canadian stocks
- FC – $7.80
- XTC – $4.00
- CNR – $51.57
- SU – $32.04
- SAP – $15.00
- IPL – $6.75
- FTS – $80.00
- ENB – $145.75
- CU – $89.38
- CGX – $4.73
- XRE – $9.80
- CPD – $5.12
- BPY.UN – $7.27
- BEP.UN – $69.04
- BAM.A – $26.10
- BIP.UN – $157.44
- DRG.UN – $3.33
- CAR.UN – $3.13
- REI.UN – $11.75
- ZPR – $2.10
- MRG.UN – $5.33
- BEI.UN – $18.75
- ALA – $17.68
- MFC – $10.25
- H – $21.00
Dividend income from U.S stocks
- PEP – $7.53
- IDV – $16.13
- SDY – $7.43
- XLV – $1.64
- MCD – $4.70
- NSC – $6.71
- XOM – $15.00
- WFC – $5.70
- INTC – $1.30
- AFL – $6.45
- UL – $10.66
- UNP – $6.05
- TROW – $5.70
- AMD – $4.80
- EMR – $4.80
Total dividend I received for year 2017: $1813.61
Estimated passive income
For those new to this site, the Estimated passive income is the income I estimated to receive in a year based on my current investments holding and their distribution rate.
My Estimated passive income is currently at $7610.
One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 30.44% of my goal.
I am very happy with my results and achievements so far. I hope I am moving in the right direction toward my long term financial goals.
Learn about finance, live within your mean, save and invest in high quality assets will help you to achieve your financial goals much earlier than you think.
Thank you so much for your great support, encouragement, and being in my financial journey.
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