I received over $3100 dividend in April.
It is the second highest dividends I received in a month. The highest one was January 2023 so far. Due to AQN dividend cut, my April income reduced; however, the impact was partially ofset by dividend hikes and dividend reinvestments in other stocks. And the April dividend income is 39.38% higher than in the same period last year.
I expect to receive an even higher dividend in July (comparable quarter) as I continue investing a portion of the income. Most of my holdings will increase their distributions in the first quarter.
In the coming months, I plan to reinvest a portion of my dividends in registered accounts, let the compounding machine run its own, and reduce my debt load by using another portion of my dividend income from my non-registered accounts.
Let’s discuss how much dividend I received in March 2023.
I received $3131.16 dividends in April, which is 39.38% higher than last year’s same period. The improvement due to the new purchases and dividend growth over the previous year.
Dividend income from Canadian stocks
- TD – $408.00
- BCE – $420.87
- BNS – $288.40
- EIF – $84.00
- TRP – $418.50
- AW.UN – $64.00
- SRU.UN – $46.25
- FC – $17.55
- MREL – $24.08
- VGH – $23.24
- RIT – $75.87
- PLZ.UN – $18.66
- CHP.UN – $31.25
- NWH.UN – $3.33
- REI.UN – $36.00
- FRU – $54.00
- DIR.UN – $20.77
- T – $201.89
- PKI – $161.50
- CAR.UN – $12.08
- GEI – $126.75
- QSR – $55.83
- AQN – $235.35
- CPX – $255.20
Dividend income from U.S stocks
- NUSI – $17.19
Total dividend I received from U.S stock holdings: CAD $17.19 (1 USD = 1.3557 CAD)
Dividend income from my International dividend portfolio
- ZDH – $30.60
Total dividend I received from International investments: CAD $30.60 (1 USD = 1.3557 CAD)
Total: $3131.16
Total dividend I received for year 2023: $10,675.53
Currency conversion rate : 1 USD = 1.3557 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 $31 181.
One of my long-term goals is receive $25000 dividend income from investment portfolios. I have successfully achieved the goal in June 2022.
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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