Dividend income report – June 2018

I am extremely happy to report that I received over $1075 dividends from 47 different income sources – aka dividend-paying stocks.

This is the highest payment I received in a single month. And it is growing so I will receive more money in September than last month.

And, the amount I received was purely passive. It is almost one-third of my active income (day –job salary).

Plus, the income is growing at a faster pace, so at one point this passive income will surpass my active income.

Imagine you go to bed and wake with more money in your bank accounts than you had a day before. How would you please? It is the type of feeling I get whenever I check my brokerage accounts.

The value of the investment goes up and down every single day. It is the nature of the stock market. But dividend income usually stays steady; in most cases grow if you have invested in dividend growth stocks.

In addition, when you reinvest those dividends back into the market, then the growth would be even higher.

Dividend growth stocks strategy takes time to get noticed, but once you get a certain point, the growth will be phenomenal.

I have been investing in dividend growth stocks for the last couple of years. And now I started to notice the benefits.

Therefore, being patient is the key to enjoy the benefits of this wealth building strategy.

In the next few years, I am almost certain that my dividend income will exceed my expenses. I am waiting for the day to celebrate my achievements.

I have been posting all the information on this website because I love to inspire and motivate people to start thinking about their financial future.

Let’s get back to the numbers.

I received $1075.53 dividend in June 2018, which is 10.76% higher than the dividend I received in June 2017.

Summing up all the dividends I received in 2018, I came up with $4489.21. One of my short-term goals is to receive at least $9000 dividend income during the year of 2018. So far, I achieved 49.88% of the goal.

Dividend income from Canadian stocks

• BAM.A – $24.54
• FC – $7.80
• XTC – $4.25
• CGX – $14.50
• XRE – $9.90
• CPD – $4.90
• BPY.UN – $50.71
• BEP.UN – $80.17
• BIP.UN – $161.16
• NWH.UN – $3.33
• NVU.UN – $9.51
• DRG.UN – $3.33
• CAR.UN – $3.32
• REI.UN – $12.00
• ZPR – $1.90
• ZDH – $6.84
• MRG.UN – $5.50
• BEI.UN – $10.43
• MFC – $11.00
• CU – $98.33
• ENB – $174.46
• FTS – $93.50
• ALA – $27.37
• IPL – $7.00
• SAP – $16.00
• CNR – $59.15
• H – $23.00

Total dividend I received from Canadian stock holdings: $923.90

Dividend income from Small-cap Growth portfolio

• SYZ – $2.00
• HLF – $3.62
• DIV – $1.48

Total dividend I received from small-cap growth stocks holdings: $7.10

Dividend income from U.S stocks

• PEP – $9.28
• IDV – $30.54
• SDY – $18.29
• XLV – $3.48
• MCD – $5.05
• WBA – $6.00
• XOM – $16.40
• AMGN – $6.60
• WMT – $5.20
• WFC – $5.85
• INTC – $6.00
• AFC – $2.60
• O – $2.20
• ADM – $5.03
• UNP – $3.65
• TROW – $3.50
• UL – $14.85

Total dividend I received from U.S stock holdings: $144.52

Total: $1075.52

Total dividend I received for year 2018: $4489.21

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 $9358.

One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 37.43% of my goal.

I am very happy with my results and my achievements so far. I hope I have been 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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