Dividend income report – August 2021

It was another great month with massive dividend income.

In August, I received around $950 dividend payments from 20 different income sources.

My August dividend income is more than 86% higher than the same period last year.

It is a fantastic feeling to receive passive income for doing nothing.

I believe I am on the right track to reach my long-term financial goal of $25K annual dividend income by 2024. Probably, I may get the target slightly earlier than that.

My dividend portfolios continue performing well despite the recent high volatilities in the stock market.

I purposely avoid high-flying speculative investments and plan to stick with my boring dividend and profitable small-cap stocks. Thus, my investments have been doing well.

I believe stock investments are one of the best ways to hedge inflation, and I expect the markets will continue to do well throughout the year and for the long-term, but we may expect some high volatilities from time to time.

Meanwhile, I continue to collect growing dividends.

Let’s discuss how much dividend I received in August 2021.

I received $949.04 dividend in August 2021, which is 86.15% higher than the dividend I received in August 2020.

Dividend income from Canadian stocks

• BMO – $111.30
• EMA – $127.50
• EIF – $57.00
• KEY – $48.00
• AW.UN – $24.00
• MRG.UN – $17.49
• FC – $15.60
• IDR – $5.93
• RIT – $43.13
• AW.UN – $17.25
• PLZ.UN – $14.00
• CHP.UN – $30.83
• NWH.UN – $3.33
• REI.UN – $32.00
• DNG – $13.40
• RY – $151.20
• PIF – $189.08
• ENG – $48.00

Total dividend I received from Canadian stock holdings: $949.04

Dividend income from U.S stocks

• KMI – $17.05 (CAD)

Total dividend I received from U.S stock holdings: $17.05

Dividend income from my International dividend portfolio

• ZDH – $22.54

Total dividend I received from International investments: $22.54

Total: $949.04

Total dividend I received for year 2021: $11568.54

Currency conversion rate : 1 USD = 1.2633 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 $19 864.

One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 79.46% 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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