I received over $2800 dividend income in December 2022.
It is one of the highest dividends I received in a month, and it is 16.65% higher than in the same period last year.
I expect to receive an even higher dividend in March (comparable quarter) as I continue investing a portion of the income. Most of my holdings will increase their distributions in the first quarter.
Unfortunately, I had two dividend cuts in my portfolio (SYZ & AQN) during this bear market. It is a minor setback for my journey; however, the upcoming dividend hikes will offset this.
I plan to reinvest a portion of my dividends, let the compounding machine run its own, and reduce my debt load by using another portion of my dividend income.
Let’s discuss how much dividend I received in December 2022.
I received $1498.86 dividends in November, which is 49.16% higher than last year’s same period. The improvement due to the new purchases and dividend growth over the previous year.
Summing up all the dividends I received in 2022, I came up with $25 558.72. One of my short-term goals is to receive at least $24 000 dividend income during 2022. I achieved my target.
Dividend income from Canadian stocks
- AW.UN – $64.00
- MRG.UN – $18.00
- FC – $17.55
- RIT – $75.47
- BEP.UN – $89.87
- BIP.UN – $289.02
- PLZ.UN – $18.66
- NWH.UN – $3.33
- CHP.UN – $30.83
- REI.UN – $34.00
- MFC – $231.00
- DIR.UN – $20.77
- FTS – $211.88
- SYZ – $14.00
- CAR.UN – $12.08
- FRU – $48.15
- KEY – $64.00
- PPL – $48.94
- SRU.UN – $46.25
- OTEX – $32.73
- CNR – $117.20
- H – $55.92
- TPZ – $67.50
- ACO.X – $161.60
Dividend income from U.S stocks
- NOBL – $81.28
- NUSI – $16.34
- VIG – $23.51
- SDY – $121.68
- DGRO – $163.00
Total dividend I received from U.S stock holdings: CAD $405.81 (1 USD = 1.3537 CAD)
Dividend income from my International dividend portfolio
- IDV – $62.24
- ZDH – $25.66
Total dividend I received from International investments: CAD $87.90 (1 USD = 1.3537 CAD)
Total: $2810.23
Total dividend I received for year 2022: $25 558.72
Currency conversion rate : 1 USD = 1.3537 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 $30 198.
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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