Last month, I received just over $1000 passive income from 20 different income sources.
I usually receive lower income for this quarter (Feb, May, Aug and Nov), but it is improving well in the recent months.
For the rest of the eight months, I receive a much high income.
As usual, the majority of my passive income comes from the Canadian dividend portfolio.
The Canadian economy has been gradually improving despite the surge in health issues. And inflation is the hot topic now.
Many analysts predict that the central banks may increase the rate in early 2022. I believe it will be a gradual increase, and it may change the direction if something goes wrong in the predictions.
If central banks start to increase the rate too fast in a shorter time frame, the stock markets reactions would be adverse.
I am a long-term investor, focusing on growing my dividend income stream.
Therefore, I will continue to build my portfolio with high-quality dividend growth stocks.
I don’t want to micro-manage my portfolio with daily market predictions, and I am not making significant changes with the short-term issues.
Let’s discuss how much dividend I received in November 2021.
I received $1004.89 dividends in November, which is 42.12% 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 $16 585.50. One of my short-term goals is to receive at least $17500 dividend income during the year 2021. So far, I have reached almost 97.56% of the goal.
Dividend income from Canadian stocks
- BMO – $111.30
- EIF – $57.00
- EMA – $132.50
- KEY – $48.00
- AW.UN – $24.80
- IDR – $7.50
- MRG.UN – $17.49
- FC – $15.60
- RIT – $53.73
- AW.UN – $19.53
- PLZ.UN – $14.00
- NWH.UN – $3.33
- CHP.UN – $30.83
- REI.UN – $32.00
- RY – $151.20
- PIF – $191.06
- ENGH – $48.00
Dividend income from U.S stocks
- KMI- $17.30
- NUSI – $6.97 (I USD = 1.2816 CAD)
Total dividend I received from U.S stock holdings: $24.27
Dividend income from my International dividend portfolio
- ZDH – $22.75
Total dividend I received from International investments: $22.75
Total: $1004.89
Total dividend I received for year 2021: $16585.50
Currency conversion rate : 1 USD = 1.2816 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 $21 991.
One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 87.96% 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.
Thank you so much for your great support, encouragement, and being in my financial journey.
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