I was very busy in moving into our new home. I couldn’t find a time to post my financial progress. I guess the new home will keep me busy for some time – at least it will take a month for us to setting things up as we like. Life in our own home is totally different than the life in a rental apartment.
I will make a separate post about my experience in our new home in few weeks.
Now, let’s see how much dividend income I received in November 2014.
In November 2014, I received $176.12 dividend which is 10.51% high than the dividend I received in November 2013.
Summing up all the dividends I received throughout the year, I came up with $3161.60. One of my short-term goals is to receive $3500 dividend income during the year of 2014. So far, I achieved 90.33% of the goal. Hopefully, I will exceed this goal as I will receive more than $400 dividend income in December.
Here is the breakdown of the dividend income:
Dividend income from Canadian dividend portfolio
- Bmo S&P/Tsx Laddered Pfd Sh Index Etf (ZPR) -$2.40
- Bmo Equal Weight Utilities Index Etf (ZUT) -$2.08
- Dream Global Real Estate Invt Tr (DRG.UN) -$3.33
- Inter Pipeline Ltd Com (IPL) -$5.38
- Emera Inc (EMA) -$19.38
- Northland Power Inc (NPI) -$4.50
- Royal Bank Of Canada (RY) -$18.75
- Bank Of Montreal (BMO) -$19.50
- Ishares S&P/Tsx Cdn Pfd Share Index Etf (CPD) -$6.21
- Ishares 1-5 Yr Laddered Corp Bd Index Etf (CBO) -$3.69
- Ishares S&P/Tsx Capped Reit Index Etf (XRE) -$4.26
- Ishares Diversified Monthly Income Etf (XTR) -$9.36
- Ishares Canadian Select Dividend Index Etf (XDV) -$7.32
- Ishares Canadian Hybrid Corporate Bond Index Etf (XHB) -$1.98
- Ishares S&P/Tsx North American Preferred Stock Index Etf (XPF) -$2.00
- Cineplex Inc Cash (CGX) -$2.50
- Canadian Oil Sands Limited (COS) -$26.25
- Firm Capital Mortgage Investment Corporation (FC) -$7.80
Dividend income from U.S dividend portfolio
- At&T Inc (T) -$4.60
- General Mills Inc (GIS) -$6.15
- Ishares U S Preferred Stock Etf (PFF) -$2.83
- Colgate Palmolive Company (CL ) -$1.80
- Kinder Morgan Inc (KMI) -$4.40
- Procter & Gamble Co (PG) -$9.65
Projected passive income
My projected passive dividend income is currently at $3864 per year, increased by $100 from last month. I just reinvested a small portion my dividend to purchase some stocks in my registered account and bought 50 shares of Altagas Ltd (TSE:ALA).One of my long-term goals is to generate $25 000 per year passive income from dividends/distributions in 10 years. I achieved 15.46% of this goal.
Happy investing and let the money work us.
Thank you for being in my Finance Journey!!
Nice! this is encouraging to see. Do you hold your US dividend stocks & ETF’s in your RRSP to avoid the 15% withholding dividend tax? Is there a way I can contact you through email as well?
Hello Kobe,
Thank you for stopping by,
Yes, I hold majority of my U.S stocks and ETFs in my RRSP account to avoid the withholding tax. To be honest, I don’t check my emails often as I spend most of my time with my family. Sorry if I don’t reply right way.. (info at financejourney.com)
Cheers,