Another great month with over $450 pure passive dividend income from 30 different income streams (companies).
Last month, I received $455.98 cash dividend from my investment portfolios.
$455.98 is real money and pure passive income as I did nothing, but let our money to work in high quality companies.
It is absolutely amazing to see when cash comes from multiple high quality companies to our brokerage accounts.
And, this multi stream of income is growing year over year when we reinvest the dividend incomes and when companies hike their distribution.
The dividend income I received in April 2015 is 54.25% high than same period last year – $295.61 for April 2014.
Summing up all the dividends I received in 2015, I came up with $1467.75. One of my short-term goals is to receive at least $5000 dividend income during the year of 2015. So far, I achieved 29.35% of the goal.
I reinvested the money and purchased few high quality equities.
Here is the breakdown of my dividend income for April 2015:
Dividend income from Canadian stock portfolio
- CNQ $5.75
- ZPR $2.40
- REI.UN $3.76
- CAR.UN $2.95
- DRG.UN $3.33
- IPL $6.13
- FC $7.80
- BCE $32.50
- GEI $3.20
- CM $26.50
- BNS $68.00
- XTR $1.20
- CGX $2.50
- CBO $3.65
- XRE $4.84
- CPD $6.21
- XDV $8.10
- XTR $9.90
- TD $76.50
- CPX $34.00
- TRP $65.00
- ALA $7.38
- T $20.00
Total dividend I received from Canadian stock holdings: $401.60
Dividend income from U.S stock portfolio
- GIS 5.06
- OHI 5.76
- DSP 5.76
- WMT 14.7
- KO 23.1
Total dividend I received from U.S stock holdings: $54.38
Total: $455.98
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Projected passive income
For those new to this site, the projected passive income is the income I estimated to receive in a year based on my current investments holding and their distribution rate.
My projected passive income is currently at $5112, increased by $78 from my last update as I made few purchases last month and few companies hiked their dividend payment.
One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 20.45% of my goal.
I am very happy with the results and my achievements so far. I hope I am moving in the right direction toward my financial goals.
Live within your mean, save and invest in high quality asserts will help you achieve your financial goals much earlier than you think.
Thank you so much for your great support, encouragement, and being in my financial journey.
Michele Jays says
I am following your blog for a year now. Your posts are great motivation for new investors. Wish you all the best for your success.
Michele
Finance Jouneny says
Hi Michele,
Thank you for your kind word and comments.
Cheers,