It was another great month with massive dividend income.
In July, I received more than $1750 dividend payments from 24 different income sources.
My July dividend income is more than 63% higher than the same period last year.
It is a fantastic feeling to receive passive income for doing nothing.
I believe I am on the right track to reach my long-term financial goal of $25K annual dividend income by 2024. Probably, I may get the target slightly earlier than that.
My dividend portfolios continue performing well despite the recent high volatilities in the stock market.
I purposely avoid high-flying speculative investments and plan to stick with my boring dividend and profitable small-cap stocks. Thus, my investments have been doing well.
I believe stock investments are one of the best ways to hedge inflation, and I expect the markets will continue to do well throughout the year and for the long-term, but we may expect some high volatilities from time to time.
Meanwhile, I continue to collect growing dividends.
Let’s discuss how much dividend I received in July 2021.
I received $1760.49 dividend in July 2021, which is 63.74% higher than the dividend I received in July 2020.
Dividend income from Canadian stocks
- BCE – $196.88
- BNS – $180.00
- TRP – $195.75
- CPX – $179.38
- NTR – $76.98
- KEY – $48.00
- MRG.UN – $17.49
- FC – $15.60
- AP.UN – $14.17
- RIT – $49.34
- PLZ.UN – $14.00
- NWH.UN – $3.33
- CAR.UN – $23.00
- CHP.UN – $30.83
- REI.UN – $32.00
- BMAR – $69.09 ((Speical dividend- 2 separate accounts)
- T – $126.48
- DNG – $13.40
- AQN – $215.19
- TD – $217.25
- GRT.UN – $4.50
Dividend income from U.S stocks
- ZUD – $13.68
Total dividend I received from U.S stock holdings: $13.68
Dividend income from my International dividend portfolio
- ZDH – $22.47
- ZGQ – $1.68
Total dividend I received from International investments: $24.15
Total: $1760.49
Total dividend I received for year 2021: $10574.09
Currency conversion rate : 1 USD = 1.2469 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 $19 839.
One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 79.36% of my goal.
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.
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JC says
Congrats on a huge amount for July and even better is that forward income knocking on $20k. That’s a huge accomplishment that I’m sure you’ll celebrate when you get there.
Finance Jouneny says
Hello JC,
Thank you for stopping by! It is an amazing feeling when we get passive income from multiple sources.
Best Regards,