Dividend income report – February 2023

I received around $1500 dividend in February.

I usually receive lower dividend income in February, May, August and November. And I receive much higher income (almost double) for the rest of the eight months.

I just realized that one of my holdings, Pembina Pipeline (TSE:PPL), moved from monthly dividend to quarterly payments. Thus, I receive slightly lower dividend income than November (similar quarter).

I continue buying income-generating assets, aka dividend stocks. Therefore, I expect to receive much high income in March and April.

Let’s discuss how much dividend I received in February 2023.

I received $1463.01 dividends in February, which is 22.04% higher than last year’s same period. The improvement due to the new purchases and dividend growth over the previous year.

Dividend income from Canadian stocks

• BMO – $178.75
• EIF – $84.00
• EMA – $155.25
• RIT – $75.67
• AW.UN – $64.00
• MREL – $23.55
• MRG.UN – $18.00
• FC – $17.55
• PLZ.UN – $18.66
• NWH.UN – $3.33
• CHP.UN – $30.83
• REI.UN – $34.00
• DIR.UN – $20.77
• CAR.UN – $12.08
• FRU – $48.15
• KEY – $64.00
• SRU.UN – $46.25
• RY – $217.80
• PIF – $203.62
• ENGH – $83.25

Total dividend I received from Canadian stock holdings: $1399.51

Dividend income from U.S stocks

• NUSI – $16.69
• KMI – $18.84

Total dividend I received from U.S stock holdings: CAD $35.53 (1 USD = 1.357 CAD)

Dividend income from my International dividend portfolio

• ZDH – $27.97

Total dividend I received from International investments: CAD $27.97 (1 USD = 1.357 CAD)

Total: $1463.01

Total dividend I received for year 2023: $4679.66

Currency conversion rate : 1 USD = 1.3570 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 $30 381.

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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