Last month, I received over $900 passive income from 19 different income sources.
I usually receive lower income this quarter (Feb, May, Aug and Nov), but it is improving well in the recent months.
For the rest of the months, I receive a much high income.
As usual, the majority of my passive income comes from the Canadian dividend portfolio.
My dividend focus portfolios continue to perform well, and I expect that the performance will continue for a while.
Due to low-interest rates and higher government spending, investors worry about higher inflation. Still, many analysts and central banks have been expecting the higher inflation will be a temporary issue, and it will back to normal in the coming months.
Anyways, my focus is on growing my dividend income stream. So, therefore, I will continue to build my portfolio with high-quality dividend growth stocks. I believe dividend growth stocks will perform well regardless of what is going in the market.
I don’t want to micro-manage my portfolio with daily market predictions, and I am not making any significant changes.
Let’s discuss how much dividend I received in May 2021.
I received $920.23 dividends in May, which is 125.91% higher than last year’s same period. The more significant improvement due to the new purchases and dividend growth over the previous year.
Summing up all the dividends I received in 2021, I came up with $6803.96. One of my short-term goals is to receive at least $17500 dividend income during the year 2021. So far, I have reached almost 39% of the goal.
Dividend income from Canadian stocks
- BMO – $111.30
- EMA – $127.50
- KEY – $48.00
- AP.UN – $14.17
- MRG.UN – $17.49
- RIT – $40.43
- PLZ.UN – $14.00
- FC – $15.60
- CAR.UN – $23.00
- CHP.UN – $30.83
- NWH.UN – $3.33
- REI.UN – $32.00
- DNG – $10.00
- RY – $151.20
- PIF – $180.96
- ENGH – $48.00
Dividend income from U.S stocks
- KMI- $16.34 (I USD = 1.21 CAD)
- ZUD – $13.68
Total dividend I received from U.S stock holdings: $30.02
Dividend income from my International dividend portfolio
- ZDH – $22.40
Total dividend I received from International investments: $22.40
Total: $920.23
Total dividend I received for year 2021: $6803.96
Currency conversion rate : 1 USD = 1.21 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 $18 434.
One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 73.74% 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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