Dividend income report – April 2017

In April 2017, I received over $620 dividends from 27 different income streams.

I was little delay in posting my reports as I was little busy in my work. I had an opportunity to work over-time for few days. Thus, I tried to stay away from computer screens after work.

Summer is almost here. We are getting ready to rock this season with multiple travel plans. Of course, this comes with a sizable cost, but it is the time to enjoy our life.

If I get a chance to do few more over-time hours, then I could manage our summer spending without go deep into debts.

As many of you know, I am not a frugal person. I am not ready to sacrifice my current life and age for future happiness. I am ready to spend money for good foods and experiences. We may not able to enjoy some foods and adventures in our old age.

At the same time, I avoid unnecessary expenses that don’t add value in our life, such as brand new cars & branded cloths and larger homes, etc.

Some of my friends and family members always tell that I should have bought a big detaches home. They believe that having a big home is a social status and increase value over time. They may be right. But, what is the point to living a poor life in a big home.

If I would have purchased a big home, then my wife has to go for work in order to make mortgage payments and our child must be in a day-care.

Even if my home price goes over million dollars, I won’t sell it because I need a place to live somewhere. If I sell it, then I will need a million dollar to buy new one.

Our 1300 square-feet home is really good enough for now. It is tiny home compare, but it costs less for energy and property tax. I like house-poor but cash-flow rich life-style, but some like the other way.

We made the decision to purchase a small home and deploy rest of the money into income producing assets. It pays-off well now. We have positive and growing cash-flow every single month in the form of dividend from multiple sources. And, we could able to spend a quality time with our little one.

This is just my opinion. I understand that people have different interest and desire, and their life-style and financial situations are also different than mine.

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

I received $623.69 dividend income in April 2017, and it is 2.97% less than April 2016 due to the assets sales made in November 2016.

Summing up all the dividends I received in 2017, I came up with $2437.30 One of my short-term goals is to receive at least $8000 dividend income during the year of 2017. So far, I’ve achieved 30.47% of the goal.

Dividend income from Canadian stocks

• T – $48.00
• ZPR – $2.00
• VGG – $1.74
• REI.UN – $11.75
• IPL – $6.75
• FC – $7.80
• BCE – $87.87
• AQN – $30.61
• DRG.UN – $3.33
• CAR.UN – $3.20
• BNS – $76.00
• TRP – $78.13
• CM – $31.75
• CGX – $4.73
• XRE – $10.27
• CPD – $5.42
• TD – $90.00
• ALA – $17.68
• BEI.UN – $23.44
• KPT – $9.00
• VNR – $14.00
• MRG.UN – $5.33

Total dividend I received from Canadian stock holdings: $568.80

Dividend income from U.S stocks

• WMT – $15.30
• KO – $25.90
• DPS – $6.96
• GE – $5.28
• CSCO – $1.45

Total dividend I received from U.S stock holdings: $54.89

Total: $623.69

Total dividend I received for year 2017: $2437.30

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 $7610.

One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 30.44% 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 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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