I received over $345 dividend income from 26 different income sources in November 2016.
This is my eleventh dividend income report for the year of 2016. Time is flying. We are almost at the end of year with lot of ups and downs.
So far it is an amazing year for most investors, especially Canadian investors after the rough start in early 2016.
$345 is look very small amount for some of you, but it is really big gift for many, especially people like me.
I usually receive less dividend income in February, May, August and in November.
Still we could do a lot with $345. It could cover my one month grocery expenses or it could cover for my utilities and telephone bills.
It is almost a week salary when I was working for a minimum wage.
OR..
When I reinvest this dividend income, it could generate more cash for upcoming months.
As I always say I love receiving cash from multiple sources.
If you would like to feel this happiness, then you have to start doing something about it. It doesn’t have to be investing in dividend stocks. It could be anything such as online income, writing a book, etc.
So, do something in your free time that makes you happy and also makes little extra money.
In fact, I earned almost $200 every month from this little blog.
It is always good idea to have a multiple stream of incomes rather than depending on just one source – I mean your day job.
In order to reach my dividend income goal, I have to receive minimum $1010 dividend for the month of December. I am sure I won’t receive that much, but I could get somewhere close to $800.
Now let’s get back to the numbers.
I received $348.04 dividend income in November 2016, and it is 26.10% higher than November 2015 which as $276.00.
Summing up all the dividends I received in 2016, I came up with $6190.05. One of my short-term goals is to receive at least $7200 dividend income during the year of 2016. So far, I’ve achieved 85.97% of the goal.
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Dividend income from Canadian stocks
- RY – $66.40
- FC – $7.80
- CGX – $4.73
- BMO – $43.00
- IPL – $6.50
- EMA – $26.13
- PWF – $29.44
- XRE – $10.32
- CPD – $5.22
- DRG.UN – $3.33
- CAR.UN – $3.12
- REI.UN – $11.75
- ZPR – $2.15
- MTY – $5.75
- ALA – $17.68
- BEI.UN – $18.75
- MST.UN – $6.14
- MRG.UN – $5.00
Dividend income from U.S stocks
- PG – $16.74
- KMI – $6.25
- CL – $1.95
- VZ – $8.66
- GIS – $7.20
- T – $17.76
- OHI – $12.20
- HCP – $4.07
Total: $348.04
Total dividend I received for year 2016: $6190.05
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 $7060, decreased by $370 from my last update because of recent changes I made in my dividend portfolio.
One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 28.24% 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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