Dividend income report – May 2023

I received around $1500 dividend in May.

I usually receive lower dividend income in February, May, August and November. And I receive much higher income (almost double) for the rest of the eight months.

I just realized that a few of my holdings, Pembina Pipeline (TSE:PPL), Keyera Corp (TSE:KEY), Topaz Energy (TSE: TPZ), moved from monthly dividend to quarterly payments. Thus, I expect to receive slightly lower dividend income for this quarter.

I continue buying income-generating assets, aka dividend stocks. Therefore, I expect to receive much high income in June and July.

Let’s discuss how much dividend I received in May 2023.

I received $1486.42 dividends in May, which is 23.16% higher than last year’s same period. The improvement due to the new purchases and dividend growth over the previous year.

Dividend income from Canadian stocks

• BMO – $214.50
• EIF – $84.00
• EMA – $162.15
• AW.UN – $64.00
• SRU.UN – $46.25
• MREL – $24.38
• FC – $17.55
• RIT – $75.94
• PLZ.UN – $18.66
• NWH.UN – $3.33
• CHP.UN – $31.25
• REI.UN – $36.00
• DIR.UN – $20.77
• FRU – $54.00
• CAR.UN – $12.08
• RY – $250.80
• PIF – $203.86
• ENGH – $99.00

Total dividend I received from Canadian stock holdings: $1418.52

Dividend income from U.S stocks

• NUSI – $18.09
• KMI – $19.21

Total dividend I received from U.S stock holdings: CAD $37.30 (1 USD = 1.3594 CAD)

Dividend income from my International dividend portfolio

• ZDH – $30.60

Total dividend I received from International investments: CAD $30.60 (1 USD = 1.3594 CAD)

Total: $1486.42

Total dividend I received for year 2023: $12161.95

Currency conversion rate : 1 USD = 1.3594 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 $31 154.

One of my long-term goals is receive $25000 dividend income from investment portfolios. I have successfully achieved the goal in June 2022.

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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