Dividend income report – December 2020

I received over $1800 dividend payments in December 2020.

It is the highest dividend I received in a month so far, and it is 37.26% higher than the same period last year.

I believe my March 2021 (comparable quarter) dividend will be even higher as I continue purchasing new stocks. Plus, the majority of my big holdings may increase their dividend in the first quarter.

There were three dividend cuts in my portfolio during this worst economic crisis (in the last 12 months); however, the damages were minimal, thanks to my diversification approach. And I had so many dividend hikes during the same period. Thus, my gains outsized the cuts.

I can see that I have been moving in the right direction. I will keep reinvesting my dividends and let the compounding machine runs its own.

One of my short-term goals is to receive a $13000 dividend income in 2020. Unfortunately, I achieved only 97.62% of the financial goal, and I missed by a few hundred dollars.

Currently, dividend investing is out of favour, and investors have been taking money out of these boring stocks and chasing high-flying tech, EV and hot IPO stocks.

As a result, the majority of the dividend funds and ETFs underperform the broader markets. There is nothing wrong with dividend paying companies, but investors’ behaviours have changed as many dreams of getting rich quickly.

Those high-flyers valuations are incredibly high. We may see a significant correction in those sectors in the near future. At the time, dividend stocks will shine again!

Meanwhile, for dividend investors, we will get paid to wait.

Let’s discuss how much dividend I received in December 2020.

I received $1834.51 dividend in December 2020, which is 37.26% increase from the dividend I received in December 2019.

Summing up all the dividends I received in 2020, I came up with $12 691.21. One of my short-term goals is to receive at least $13000 dividend income during the year of 2020. I was able to achieve only 97.62% of my target. Therefore, I failed to reach one of my short-term financial goals.

Dividend income from Canadian stocks

• BEP.UN + BEPC – $85.23
• BEPC (split-Adjustment payment) – $63.96
• BAM.A – $45.47
• ACO.X+CU – $108.83
• CNR – $74.75
• SYZ – $37.50
• KEY – $48.00
• ENB – $222.75
• REI.UN – $48.00
• PLZ.UN – $14.00
• NWH.UN – $3.33
• MRG.UN – $17.49
• FCR.UN – $21.50
• FC – $15.60
• CAR.UN – $23.00
• RIT – $33.75
• CHP.UN – $30.83
• BIP.UN + BIPC – $200.82
• BPY.UN – $125.53
• AP.UN – $13.75
• MFC – $28.00
• FTS – $121.20
• ALA – $12.00
• IPL – $2.00
• H – $50.72

Total dividend I received from Canadian stock holdings: $1448.01

Dividend income from U.S stocks

• NOBL – $68.10
• VIG – $16.92
• SDY – $126.91
• DGRO – $104.87
• ZUD – $14.63

Total dividend I received from U.S stock holdings: $331.42

Dividend income from my International dividend portfolio

• IDV – $32.67
• ZDH – $22.40

Total dividend I received from International investments: $55.07

Total: $1834.51

Total dividend I received for year 2020: $12 691.21

Currency conversion rate : 1 USD = 1.273 CAD

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 $16 991.

One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 67.96% of my goal.

Learn about finance, live within your mean, save and invest in high-quality assets will help you reach 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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