Dividend income report – December 2016

Another exciting month for my dividend income journey as I received over $850 dividend income from 44 different income streams.

I thought I could break my September 2016 dividend income record in December, but I couldn’t do it because of the recent portfolio adjustments. Hopefully, I will break the record in March 2017 😀 .

Regular readers know that I receive higher dividend payments in the month of March, June, September and December.

I received $859.12 dividend income in December 2016, and it is 21.29% higher than December 2015 which was $707.73.

Summing up all the dividends I received in 2016, I came up with $7049.17. One of my short-term financial goals is to receive at least $7200 dividend income during the year of 2016.

Sadly, I missed to achieve this goal by $150.83 or 2.1%; however, it was really a wonderful year for my dividend income. I am really happy that I received over $7000 pure passive income in 2016, which is 42.26% higher than 2015.

It is very impressive growth. Hopefully, the trend will continue in 2017 too. Now I could see the magic of compounding growth.

With dividend growth and dividend reinvestment alone, this passive income will grow at least 10% per year. But, I will add new capital to accelerate the growth faster than 10%.

As I always tell you (readers), I am trying to inspire you by showing my small achievements to start your own journey to reach your financial freedom. It is not a rocket science. If I can do with a middle-class income, then you can do it too.

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

Dividend income from Canadian stocks

• SAP – $4.50
• FC – $7.80
• CGX – $4.73
• CNR – $46.88
• SU – $13.05
• SAP – $10.50
• IPL – $6.75
• FTS – $80.00
• ENB – $132.50
• CU – $81.25
• REI.UN – $11.75
• DRG.UN – $3.33
• CAR.UN – $3.13
• BEI.UN – $18.75
• ZPR – $2.15
• BEP.UN – $59.00
• BIP.UN – $137.02
• BAM.A – $14.24
• BBU.UN – $0.17
• CPD – $5.22
• XRE – $10.32
• MRG.UN – $5.33
• MST.UN – $6.00
• ALA – $17.68
• MFC – $9.25
• SU – $15.95
• H – $21.00

Total dividend I received from Canadian stock holdings: $728.25

Dividend income from U.S stocks

• SPY – $23.28
• XLV – $0.92
• MCD – $4.70
• KO – $24.50
• NFC – $6.49
• XOM – $15.00
• WFC – $5.70
• INTC – $1.30
• AFL – $6.45
• IDV – $8.29
• SBUX – $2.50
• AMD – $4.50
• EMR – $4.80
• UNP – $6.05
• TROW – $5.40
• UL – $10.99

Total dividend I received from U.S stock holdings: $130.87

Total: $859.12

Total dividend I received for year 2016: $7049.17

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 $7063.

One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 28.26% 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.

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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