I received over $1200 dividend in May 2022.
I usually receive a lower income for this quarter (Feb, May, Aug and Nov), but it has improved well in recent months.
And I anticipate receiving much high income in March, June, September and December. Thus, my June income will be much higher. I expect to receive more than $2500 dividend in June alone.
Regardless of the current market volatilities, dividend incomes continue to flow into my accounts; thus, I can make a few purchases here and there without adding any new funds.
Plus, most of my holdings continue to increase distributions in the coming months.
Therefore, my dividend income will continue to grow, and as a result, I will be receiving even more dividends.
With dividend increase along with dividend reinvestment, my income keeps growing exponentially.
I have indeed been experiencing the snowball effects of my passive income.
Let’s discuss how much dividend I received in May 2022.
I received $1206.88 dividends in May, which is 31.15% higher than last year’s same period. The more significant improvement due to the new purchases and dividend growth over the previous year.
Dividend income from Canadian stocks
- BMO – $139.65
- MREL – $19.20
- EMA – $132.50
- EIF – $95.00
- KEY – $48.00
- AW.UN – $62.00
- MRG.UN – $17.49
- FC – $15.60
- RIT – $66.89
- PLZ.UN – $14.00
- CHP.UN – $30.83
- NWH.UN – $3.33
- REI.UN – $34.00
- FRU – $32.00
- RY – $168.00
- PIF – $208.81
- ENGH – $64.75
Dividend income from U.S stocks
- NUSI – $14.31 (1 USD = 1.2645 CAD)
- KMI – $17.55 (1 USD = 1.2645 CAD)
Total dividend I received from U.S stock holdings: CAD $31.87 (1 USD = 1.2645 CAD)
Dividend income from my International dividend portfolio
- ZDH $22.96
Total dividend I received from International investments: $22.96 (Canadian dollar)
Total: $1206.88
Total dividend I received for year 2022: $9295.54
Currency conversion rate : 1 USD = 1.2645 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 $24 813.
One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 99.25% 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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