Dividend income report – February 2018

My dividend income keeps rolling in regardless of stock market performance.

I received over $400 dividend in February 2018. Regular readers know that February, May, August and November are my lowest dividend income months. But things are getting improved as I passed $400 mark in those periods.

The income stream is pure passive as I don’t need to move a needle to get these incomes flow into my bank accounts. All I did was invested my hard earned money into dividend growth stocks, and collecting growing dividend from them.

Also, it is growing in a faster pace than ever with the dividend hikes, dividend reinvestments and with new capital from my savings. Therefore, I will receive even higher dividend income next year.

If I could continue this for next couple of years, then in one day, I can easily substitute my day-job salary with my dividend income. It will be my dream day, and I have a stronger believe that I will reach to the point in the coming years.

It doesn’t mean I hate my job. Actually, I love to do so many things in my life, but I couldn’t do them all with my limited time. Time is one of the limited resources we have. We all have only 24 hours per day in our life – regardless of our status.

Majority of us trade our time for little money and make someone else rich. In my situation, I spend over 10 hours a day for my job, including commute. It is about 2/3 of my available time after my sleeping hours. I feel like what is the point of doing this for my entire life?

Therefore, things should be changed. Everything is in our hands and in our mindset. If you are not interested in your work, then you would need to create a plan to exit and live the life you wanted to life.

I’ve already developed my plan, and have been making progress every single month to exit this lifestyle.

Once I reach financial independence, I will reward myself for few months with vacations and then start doing something in my interested field that makes me happy and help my family, friends and people around the world without expecting anything back from them.

I’ve already started visualize my future version. Hopefully, I will reach their sooner.

If you love your day-job, then it is fine. But, there are so many people around the world don’t like their job, but they have to go every single day to meet their end needs. If you are one of them, I think you should try to work towards financial independence. It doesn’t mean you immediately start investing in dividend stocks like me. It means you should start looking for the way to reach your dream of financial independence, educate yourself by reading good books and websites, and create a plan that fit your needs, risk tolerance and financial situations and implement it to achieve your dream life.

Dividend income

Now let’s back to fun part of numbers.

I received $422.98 dividend income in February 2018, and it is 22.77% higher than the dividend I received February 2017 which as $341.75.

Dividend income from Canadian stocks

• FC – $7.80
• CGX – $14.00
• XRE – $10.20
• CPD – $5.10
• NWH.UN – $3.33
• NVU.UN – $9.51
• DRG.UN – $3.33
• CAR.UN – $3.20
• REI.UN – $12.00
• ZPR – $1.90
• ZDH – $2.79
• PWF – $61.87
• MGR.UN – $5.50
• BEI.UN – $10.43
• ALA – $27.38
• EMA – $28.24
• IPL – $7.00
• RY – $72.08
• BMO – $46.50

Total dividend I received from Canadian stock holdings: $332.16

Dividend income from Small-cap Growth portfolio

• DIV – $1.48
• MPC – $2.63

Total dividend I received from small-cap growth stocks holdings: $4.11

Dividend income from U.S stocks

• PG – $8.28
• KMI – $6.25
• HRL – $4.69
• CL – $2.00
• CVS – $7.50
• VZ – $8.85
• GIS – $12.25
• T – $18.50
• O – $2.19
• OHI – $13.20
• SBUX – $3.00

Total dividend I received from U.S stock holdings: $36.69

Total: $422.98

Total dividend I received for year 2018: $1136.70

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 $8634.

One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 34.54% 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 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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