Another month with over $250 pure passive dividend income from 25 different income streams (companies).
Last month, I received $253.99 cash dividend from my investment portfolios.
Usually, I receive little low dividend income in Mays. Still receiving $250 cash is not bad as I did nothing but let my money work for me in the stock market.
Always amazing to see when cash comes from multiple high quality companies to our brokerage accounts.
And, this multi streams of income is growing year over year with dividend reinvestment and dividend growth.
The dividend income I received in May 2015 is 41.43% high than same period last year – $179.59 for May 2014.
Summing up all the dividends I received in 2015, I came up with $1724.74. One of my short-term goals is to receive at least $5000 dividend income during the year of 2015. So far, I achieved 34.49% of the goal.
I reinvested the money and bought few high quality equities.
Here is the breakdown of my dividend income for May 2015:
Dividend income from Canadian stocks
- ZPR $2.40
- REI.UN $3.76
- CAR.UN $2.95
- DRG.UN $3.33
- CBO $3.65
- CPD $6.21
- XRE $4.84
- XTR $12.00
- XDV $8.10
- PWF $7.45
- EMA $20.00
- IPL $6.13
- RY $38.50
- BMO $40.00
- CGX $2.50
- COS $3.75
- FC $7.80
- ALA $7.35
Dividend income from U.S stocks
- OHI $2.88
- T $17.39
- GIS $6.60
- VZ $8.25
- CL $1.90
- KMI $19.68
- PG $16.57
Total: $253.99
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 $5360, increased by $326 from my last update.
One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 21.44% 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 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.
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