I received a record-high dividend in October 2022, which broke the previous record set in September 2022.
My holdings increased dividends, and I made many new purchases recently.
I continue reinvesting all my dividends and adding high-quality dividend-growth stocks to my portfolio.
I expect many of my holdings to increase their dividend in the coming months.
Most of them increase at the beginning of the year, along with their Q4 results.
I had a big dividend cut in my portfolio – SYZ slashed its dividend by 92%. And a potential dividend cut from AQN (many analysts are expecting this news).
The impact of these dividend reductions may be partially or completely offset by the massive dividend hikes coming from my other larger holdings.
Therefore, I expect to receive a higher dividend in the coming months. I may hit a $3000 dividend in a month the early next year.
Let’s discuss how much dividend I received in October 2022.
I received $2910.04 dividends in October, which is 61.62% 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
- TD – $356.00
- BCE – $248.40
- MREL – $21.75
- BNS – $288.40
- EIF – $105.00
- TRP – $360.00
- MRG.UN – $17.49
- AW.UN – $62.00
- RIT – $74.79
- PLZ.UN – $16.10
- FC – $17.55
- CHP.UN – $30.83
- NWH.UN – $3.33
- REI.UN – $34.00
- DIR.UN – $17.50
- FRU – $48.35
- T – $152.37
- PKI – $146.25
- CAR.UN – $12.08
- GEI – $92.50
- KEY – $56.00
- SRU.UN – $46.25
- QSR – $56.31
- AQN – $372.09
- CPX – $232.00
Dividend income from U.S stocks
- NUSI – $16.46
Total dividend I received from U.S stock holdings: CAD $16.46 (1 USD = 1.3720 CAD)
Dividend income from my International dividend portfolio
- ZDH – $26.24
Total dividend I received from International investments: CAD $26.24 (1 USD = 1.3720 CAD)
Total: $2910.04
Total dividend I received for year 2022: $21249.63
Currency conversion rate : 1 USD = 1.3720 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 $30 718.
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.
Thank you so much for your great support, encouragement, and being in my financial journey.
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