Another great month with $528.44 pure passive dividend income from over 30 different income streams (companies).
Last month, I received $565.42cash dividend from my investment portfolios.
Always amazing to see when cheques come from multiple high quality companies, and the income is much well diversified and much safer than our day job.
And, this multi streams of income is growing year over year with new capital,dividend reinvestment and dividend growth.
The dividend income I received in July 2015 is 79.52% high than same period last year – $294.37 for July 2014.
Summing up all the dividends I received in 2015, I came up with $2814.60. One of my short-term goals is to receive at least $5000 dividend income during the year of 2015. So far, I achieved 56.30% of the goal.
I reinvested the money and bought few high quality equities.
Here is the breakdown of my dividend income for July 2015:
Dividend income from Canadian stocks
- VGG – $1.61
- ZPR – $2.25
- CGX – $2.60
- CAR.UN – $3.05
- GEI – $3.20
- DRG.UN – $3.33
- CBO – $3.66
- REI.UN – $11.75
- CNQ – $5.75
- XRE – $6.00
- IPL – $6.13
- CPD – $6.21
- XDV – $7.58
- FC – $7.80
- XTR – $12.00
- SAP – $12.81
- PWF – $13.04
- T – $42.00
- TD – $76.50
- CM – $27.25
- BNS – $68.00
- CPX- $34.00
- BCE- $65.00
- TRP- $65.00
- ALA – $8.00
Dividend income from U.S stocks
- KO – $23.10
- DPS – $5.76
- GE – $5.06
Total: $528.44
Projected passive income
For those new to this site, the projected passive income is the income I estimated to receive in a year based on my current investments holding and their distribution rate.
My projected passive income is currently at $5560, increased by $200 from my last update.
One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 22.24% 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 financial goals.
Live within your mean, save and invest in high quality asserts will help you achieve your financial goals much earlier than you think.
Thank you so much for your great support, encouragement, and being in my financial journey.
Burk Kira says
Wow, $500 dividend income per month? Man, it is my one week salary.. keep it up!
Finance Jouneny says
Hi Burk,
Thank you for stopping by,
Yes, it feels great to see my portfolio generates positive cash flow month over month. My aim is increase the monthly dividend to $2000 in 9 years.
Cheers,