Dividend income report – October 2015

Another great month with $568.25 pure passive dividend income from 32 different income streams (companies).

Always amazing to see when cheques come from multiple high quality companies, and the income is much well diversified and much safer than our single day job.

And, this multi streams of income is growing year over year with new capital, dividend reinvestment and dividend growth.

At one point in the future, these dividend incomes will cover my expenses. The moment, I will declare myself as a financial freedom guy.

The dividend income I received in October is 88.73% high than same period last year – $301.08 for October 2014.

Summing up all the dividends I received in 2015, I came up with $3971.28. One of my short-term goals is to receive at least $5000 dividend income during the year of 2015. So far, I achieved 79.43% of the goal.

I reinvested the money and bought few high quality equities.

Here is the breakdown of my dividend income for Octobrer 2015:

Dividend income from Canadian stocks

• ALA – $8.00
• VGG – $1.89
• XTR – $12.00
• PWF – $13.04
• ZUT – $2.25
• CGX – $2.60
• T – $42.00
• CM – $28.00
• CAR.UN – $3.05
• CBO – $3.08
• GEI – $3.20
• DRG.UN – $3.33
• REI.UN – $19.74
• BNS – $70.00
• CPX – $36.50
• TD – $89.25
• BCE – $65.00
• CPD – $5.40
• CNQ – $5.75
• IPL – $6.13
• TRP – $78.00
• XDV – $7.59
• FC – $7.80
• XRE – $7.96

Total dividend I received from Canadian stock holdings: $521.56

Dividend income from U.S stocks

• CSCO -$1.05
• IDV – $11.72
• KO – $23.10
• GE – $5.06
• DPS – $5.76

Total dividend I received from U.S stock holdings: $46.69

Total: $568.25

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 $5908, increased by $69 from my last update.

One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 23.63% of my goal.

I am very happy with my results and achievements so far. I hope I am moving in the right direction toward my financial goals.

Live within your mean, save and invest in high quality asserts will help you achieve 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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