Another great month with $707.73 pure passive dividend income from 36 different income streams (companies).
This is the first time my monthly dividend income passed the $700 milestone. It is an absolutely amazing achievement.
Always amazing to see when cheques come from multiple high quality companies, and the income is much well diversified and much safer than our single day job.
And, this multi-streams of income is growing year over year with new capital, dividend reinvestment and dividend growth.
At one point in the future, these dividend incomes will cover my expenses. The moment, I will declare myself as a financial freedom guy.
The dividend income I received in December is 62.49% high than same period last year – $435.56 for December 2014.
Summing up all the dividends I received in 2015, I came up with $4955.01. One of my short-term goals is to receive at least $5000 dividend income during the year of 2015. But, I reached only 99.01% (failed) of the goal. I just missed by less than 1%, but I am happy with the results. I will soon update my 2016 financial goals.
I reinvested the money and bought few high quality equities.
Here is the breakdown of my dividend income for December 2015:
Dividend income from Canadian stocks
- ALA – $8.25
- REI.UN – $11.75
- BIP.UN – $76.92
- CAR.UN – $3.05
- DRG.UN – $3.33
- BEP.UN – $28.43
- CU – $73.75
- ENB -$116.25
- FTS – $56.25
- SAP – $13.50
- IPL – $6.50
- MFC – $8.50
- SU – $21.75
- BAM.A – $16.45
- CNR – $39.07
- CGX – $2.60
- CVE – $17.60
- CNQ – $5.75
- ZPR – $2.50
- FC – $7.80
- CPD -$5.40
- XRE – $8.31
- XTR – $12.00
- XDV – $7.59
- CBO – $3.46
Dividend income from U.S stocks
- IDV – $15.75
- SDY – $53.90
- AFL – $6.15
- KO – $23.10
- XOM – $14.60
- MCD – $4.45
- NSC – $6.49
- WFC – $5.63
- EMR – $4.75
- UNP – $5.50
- UL – $10.65
Total: $707.73
Total dividend I received for year 2015: $4955.01
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 $6065, increased by $90 from my last update.
One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 24.26% 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.
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.
Great update. Keep up the great work. Someone does read this! Glad u meet your goals.
Hello Lydia,
Thank you for stopping by,
Unfortunately, I didn’t meet my last year financial goals. But, I am little close, and will post an update about my 2016 financial goals in the coming weeks.
Cheers,