April was another great month with an extraordinary dividend of over $2200. It is now clear that I will be receiving more than $2000 for eight months in a year (except February, May, August and November).
My dividend portfolios continue to perform well despite the choppy market we face now.
Technology stocks have been going through a difficult period after the great financial crash.
Luckily, my portfolios don’t have considerable exposure in the tech sector. I have some tech stocks, and they have been struggling recently, but not a huge percentage. Thus, ongoing market correction in the tech sector does not affect my portfolio.
I have been experiencing a minor pullback, but not bad as the general market.
Cash from dividend continue to flow into my accounts; thus, I can make a few purchases here and there in the affected sectors, especially in real estate.
Plus, I believe that many companies in my portfolio will increase their distributions in the coming weeks and months.
Therefore, my dividend income will continue to grow exponentially, and as a result, I will be receiving even more dividends in the coming months.
Let’s discuss how much dividend I received in April 2022.
I received $2246.51 dividends in April, which is 40.80% higher than last year’s same period. A significant improvements due to the new purchases and dividend growth over the previous year.
Dividend income from Canadian stocks
- BCE – $230.00
- MREL – $18.75
- BNS – $200.00
- EIF – $95.00
- TRP – $247.50
- CPX – $219.00
- KEY – $48.00
- AW.UN – $62.01
- FC – $15.60
- MRG.UN – $17.49
- RIT – $65.82
- PLZ.UN – $14.00
- NWH.UN – $3.33
- CHP.UN – $30.83
- REI.UN – $34.00
- TD – $311.50
- T – $139.14
- GEI – $74.00
- PKI – $48.74
- FRU – $32.00
- QSR – $41.49
- AQN – $262.18
Dividend income from U.S stocks
- NUSI – $13.17
Total dividend I received from U.S stock holdings: CAD $34.01 (1 USD = 1.2807 CAD)
Dividend income from my International dividend portfolio
- ZDH $22.82
Total dividend I received from International investments: $22.82 (Canadian dollar)
Total: $2246.51
Total dividend I received for year 2022: $5842.15
Currency conversion rate : 1 USD = 1.2807 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 $24 618.
One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 98.47% 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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