Dividend income report – December 2018

I received record dividend of $1160 from 31 different sources in December.

Long term readers know that I receive ‘fat’ dividends in March, June, September and December, and slightly lower dividends in February, May, August and November.

Most of my top holdings usually hike their dividend payouts at the beginning of the years so I could expect another record-breaking passive income in March. I hope this trend will continue for decades to come.

Many investors might have experienced a deep sell-off in the fourth quarter of 2018, and it got even worse in December.

My investment portfolio was not immune for these types of market carnage; however, it wasn’t a big deal for me because I am an income-seeking investor and I continued to receive my dividends regardless of what market was doing.

Anyways, my portfolios have pretty much recovered from the sell-off in early January.

Due to the sell-off, dividend yields spiked to ‘very’ high levels for my favourite high quality stocks, so I was able to add a couple of them to my portfolios for discounted prices and the action will definitely help to boost my upcoming dividend income for the coming months and years.

For me, as an income-focused investor, cash flow is more important than market value. A stock value goes up and down all the time, but dividends from high-quality stocks mostly go up as they raise them at least once a year.

I hope you got my point.

• Keep eye on dividends and ignore share prices
• Building Wealth – The Goose that laid the golden eggs
• How I receive low-interest loans?
• I borrow money to invest in stocks (leverage investing)

Let’s get back to the numbers.

I received $1160.38 dividend in December 2018, which is 13.18% higher than the dividend I received in December 2017.

Summing up all the dividends I received in 2018, I came up with $9261.78. One of my short-term goals is to receive at least $9000 dividend income during the year of 2018. Therefore, I’ve exceeded my one of the 2018 goal.

Dividend income from Canadian stocks

• BAM.A – $25.24
• CGX – $14.50
• XRE – $10.37
• BPY.UN – $84.75
• BEP.UN – $83.83
• BIP.UN – $189.68
• NVU.UN – $9.51
• FC – $7.80
• CAR.UN – $3.32
• NWH.UN – $3.33
• DRG.UN – $3.33
• REI.UN – $12.00
• ZDH – $10.08
• BEI.UN – $8.34
• MFC – $12.50
• CU – $105.26
• ENB – $174.46
• FTS – $105.75
• IPL – $7.12
• ALA – $27.38
• CNR – $59.15
• H – $23.00

Total dividend I received from Canadian stock holdings: $980.70

Dividend income from U.S stocks

• SDY – $50.08
• IDV – $32.26
• DGRO – $40.44
• VIG – $11.54
• XOM – $16.40
• WFC – $6.45
• INTC – $6.00
• AFL – $2.60
• UL – $13.91

Total dividend I received from U.S stock holdings: $179.68

Total: $1160.38

Total dividend I received for year 2018: $9261.78

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 $10036.

One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 40.14% of my goal.

I hope I have been moving in the right direction toward my long-term financial goals and I am very happy with my results so far.

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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