Dividend income report – April 2016

I received over $640 dividend income from 32 different companies in April 2016.

This is fourth dividend income report for the year of 2016.

I am posting all my financial information in this website because I just like to inspire and motivate people to start their own journey to achieve their financial freedom.

I haven’t yet reached my financial freedom, but I know I will get there in few years.

Just imagine!

You wake up in a morning and see more cash in your bank account than a day before. How would you feel?

Who doesn’t like when getting pure passive cash in your account by doing nothing.

Exactly same feeling I get when I see money flow into my account in the form of dividend. I all did was purchased high quality dividend stocks, sit back and collect money 😀 .

I called them Cash machine. I bought the machines once, and they print cash for me for a long time.

It is not hard. You can do this too.

As you know, I don’t make big money from my day job. I am just a regular person just like many of you. If I can do, then you can do too.

You shouldn’t hold you back from investing because you are not rich. In fact, you can become rich if you take some steps right now.

All you need to do is learn as much as you can from good investment books, financial blogs, successful investors like Warrant Buffet, and from your own experience.

And, start investing. That’s it.

Now let’s get back to the numbers.

I received $642.79 dividend income in April 2016, and it is 40.96% higher than April 2015 which as $455.98.

Summing up all the dividends I received in 2016, I came up with $2239.52. One of my short-term goals is to receive at least $7200 dividend income during the year of 2016. So far, I achieved 31.10% of the goal.

Dividend income from Canadian stocks

• TRP – $84.76
• PWF – $19.63
• CPX – $36.50
• CGX – $2.60
• XDV – $7.35
• XTR – $10.00
• XRE – $8.78
• CPD – $5.20
• CBO – $2.76
• CM – $29.50
• BNS – $72.00
• FC – $7.80
• IPL – $6.50
• GEI – $3.30
• BCE – $68.26
• DRG.UN – $3.33
• CAR.UN – $3.05
• REI.UN – $11.75
• ZPR – $2.25
• T – $44.00
• MRG.UN – $5.00
• GEI – $5.80
• BEI.UN – $18.75
• ALA – $12.38
• AQN – $12.20
• TD – $96.22

Total dividend I received from Canadian stock holdings: $579.67

Dividend income from U.S stocks

• CSCO $1.30
• GE $5.06
• DSP $6.36
• WMT $15.00
• KO $24.50
• TROW $5.40
• UNP $5.50

Total dividend I received from U.S stock holdings: $63.12

Total: $642.79

Total dividend I received for year 2016: $2239.52

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 $7182, increased by $102 from my last update due to my recent purchases and dividend growth.

One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 28.73% 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 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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