I received over $900 dividend income in January from more than 25 different income sources.
The money I saved and invested in a handful of high-quality dividend growth stocks is working harder and harder, and sending me cash dividend month after month, and it is growing year over year.
I don’t need to move a needle to receive this money to my bank accounts. It is pure passive income.
All I did was work hard, save and invest in high-quality companies which care their owners – aka shareholders – with a generous dividend.
This passive income is a big deal for me. I can use it to do whatever I want to do with. I could buy stuff or go for a short vacation or pay bills or even I could use them to reduce my debts.
But, I decided to reinvest the money so I could get even bigger income in the coming months.
I understand the power of compounding, and I use this magical power to build my wealth. There is no secret here. All we need is patience because compounding takes time to notice, so we shouldn’t interrupt the growth now.
Now let’s back to fun part of numbers.
I received $907.81 dividend income in January 2019, and it is 27.19% higher than January 2018 which as $713.72.
Dividend income from Canadian stocks
- CGX – $14.50
- XRE – $10.65
- NWH.UN – $3.33
- NVU.UN – $9.51
- FC – $12.80
- DRG.UN – $3.33
- CAR.UN – $3.32
- REI.UN – $12.00
- ZDH – $10.35
- KPT – $18.00
- BEI.UN – $8.34
- T – $59.95
- ALA – $12.00
- BCE – $143.46
- IPL – $7.12
- KEY – $6.00
- NWC – $16.00
- VNR – $45.00
- CM – $47.60
- BNS – $119.00
- AQN – $54.58
- TD – $117.25
- TRP – $138.00
Dividend income from U.S stocks
- NOBL – $35.72
Total: $907.81
Total dividend I received for year 2019: $907.81
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 $10195.
One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 40.78% 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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