Dividend income report – June 2016

June was another exciting month as I received record high dividend income from 45 different income streams.

Yes, I received over $840 dividends & interest payments from 45 different companies in June 2016.

This is my sixth dividend income report for the year of 2016.

Regular readers know that I receive high dividend income in the month of March, June, September and December.

And, I receive little low income in February, May, August and November.

Average dividend income per month is almost $600 (currently).

This income is keep growing month over month.

It is like a dream. We invest our money in a high quality company. And, someone at the other end works hard and sends money to my account every quarter, sometimes every month.

We take the cash and do anything we want. We could buy more companies, buy groceries, pay bills or go for a vacation, etc.

It is not rich man game anymore in this modern internet world. Anybody can do this as long as you have a good online brokerage account and little extra money to invest.

As you know, I didn’t come from rich family background, and I am not making six figures income. All I do save little bit money every month and invest in high quality dividend paying stocks.

If I can do with my middle class income, then you can do that too.

So, get inspired and start do something to achieve your financial freedom.

Life is really short and there are tons of things to see and enjoy before we go back to where we came from.. Don’t think to spend your 40 years of beautiful life in a job that you don’t want to do.

Start something small in your free time that you like and make you happy. It could be anything – learn about investing, start a small business in your passion, online business, etc. And, enjoy your life.

Now let’s look at my dividend income in numbers.

I received $843.54 dividend income in June 2016, and it is 49.18% higher than June 2015 which is $565.44.

Summing up all the dividends I received in 2016, I came up with $3411.02 One of my short-term goals is to receive at least $7200 dividend income during the year of 2016. So far, I’ve achieved 47.38% of the goal.

I suppose to have reached 50% of my short-term goal by end of June, but little behind. I will try to catch up in the coming months 😀 .

Dividend income from Canadian stocks

• FTS – $69.38
• CU – $81.25
• ENB – $145.75
• ZPR – $2.25
• REI.UN – $11.75
• CAR.UN – $3.05
• DRG.UN – $3.33
• IPL – $6.50
• FC – $7.80
• MFC – $18.50
• SU – $29.00
• SAP – $13.50
• VGG – $1.68
• CGX – $2.70
• CBO – $2.74
• CPD – $5.20
• CVE – $5.50
• XDV – $7.35
• XRE – $9.06
• XTR – $10.00
• BEP.UN – $28.54
• BAM.A – $16.66
• CNR – $46.88
• BIP.UN – $127.64
• MRG.UN – $5.00
• MST.UN – $5.81
• BEI.UN – $18.75
• ALA – $12.50
• H – $21.00

Total dividend I received from Canadian stock holdings: $719.07

Dividend income from U.S stocks

• INTC – $1.30
• MCD – $4.45
• WFC – $5.70
• AFL – $6.15
• NFC – $6.49
• PEP – $7.53
• SDY – $8.60
• WMT – $15.00
• XOM – $15.00
• IDV – $22.79
• AMD – $4.50
• EMR – $4.75
• TROW – $5.40
• UNP – $5.50
• UL – $11.31

Total dividend I received from U.S stock holdings: $124.47

Total: $843.54

Total dividend I received for year 2016: $3411.02

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 $7154, decreased by $40 from my last update due to the sale of 25 units of ENB.

One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 28.62% 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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