I received over $1000 dividends from 32 different income sources in September. It is one of the largest payout months for this year.
Long term readers know that my ‘fat’ dividend months are March, June, September, and December. So, I could expect another big payout by end of the year.
I reinvested a portion of the income to generate more cash-flow and used the rest to pay down some debts.
As of this writing, most of the markets around the world have been experiencing volatility. Rising bond yields and trade uncertainties are the main reasons to blame this time. Every time nervous investors find a reason to sell.
To my knowledge, market volatility is pretty normal. Based on history, markets take dive two or three times per year. I think this is one of them.
In reality, we haven’t lost or made any money unless we sell.
If we own great business with the exceptional management teams, then we could ride through the market storm without having permanent damages by selling at bottom.
Even, if you have a shopping list, then you may consider adding some positions at a lower price.
Of course, I have seen these types of market volatility many times in the past. And, for sure, it is not the last or big one. Therefore, I will be seeing them again, many of them, in the future. Hence, I am financially and mentally prepare to face them.
Currently, I am with 100% equity portfolio, so I am not immune to unexpected market shocks. Even if I hold bonds, they won’t help at this time because they are doing worse than equities in the rising rate environment.
Regardless, I am a dividend investor and my focus is to build a sustainable income using high-quality dividend-paying stocks to cover my expenses.
According to market data, two-thirds of all stock market performance in history has come from rising dividends and the reinvestment of those dividends.
In addition, compounding is how most wealthy people made massive money.
By all means, if you want to become wealthy, we have to let our assets to compound without interruptions.
Therefore, the best thing I can do is staying intact.
- Keep eye on dividends and ignore share prices
- Building Wealth – The Goose that laid the golden eggs
- How I receive low-interest loans?
- I borrow money to invest in stocks (leverage investing)
Let’s get back to the numbers.
I received $1075.53 dividend in September 2018, which is 5.55% higher than the dividend I received in September 2017.
Summing up all the dividends I received in 2018, I came up with $6795.69. One of my short-term goals is to receive at least $9000 dividend income during the year of 2018. So far, I achieved 75.51% of the goal.
Dividend income from Canadian stocks
- XTC – $4.25
- CGX – $14.50
- XRE – $10.35
- BPY.UN – $49.86
- BEP.UN – $78.83
- BIP.UN – $158.64
- NWH.UN – $3.33
- NVU.UN – $9.51
- FC – $7.80
- DRG.UN – $3.33
- CAR.UN – $3.32
- REI.UN – $12.00
- ZPR – $2.00
- ZDH – $8.46
- MRG.UN – $5.50
- BEI.UN – $8.34
- MFC – $11.00
- BAM.A – $24.15
- CU – $98.33
- ENB – $174.46
- FTS – $99.88
- IPL – $7.00
- SAP – $16.50
- ALA – $27.38
- CNR – $59.16
- H – $23.00
Dividend income from Small-cap Growth portfolio
- MPC – $2.63
- SYZ – $2.00
- DIV – $1.48
- HLF – $3.62
Dividend income from U.S stocks
- PEP – $9.28
- SDY – $32.13
- MCD – $5.05
- WBA – $6.60
- XOM – $16.40
- AMGN – $6.60
- WMT – $5.20
- WFC – $6.45
- INTC – $6.00
- AFL – $2.60
- O – $2.20
- UL – $14.05
Total dividend I received from U.S stock holdings: $112.56
Total: $1075.53
Total dividend I received for year 2018: $6795.69
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 $9602.
One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 38.40% of my goal.
I hope I have been moving in the right direction toward my long-term financial goals and I am very happy with my results so far.
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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Jay Barath says
Hi,
Really a inspired post. I just wanted to thank you for showing me a way to secure my financial future.
I’ve been following your journey for a while. Initial thought, to be honest, you will loose your shirt in a simple market crash, but your growth is amazing and very inspiring. Well done!
Looking to forward to see your success..
Regards,
Finance Jouneny says
Hello Jay,
Thank you for stopping by and your kind comments 🙂
Actually, it was bit difficult to build a decent income from investment at the early stage, but it is picking up faster and faster now. It is the power of compounding.
I am so glad that you like my journey 🙂
Best Regards,
anonymous says
Just thought I’d leave some feedback. I’m a reader and wanted to support your page in a small way and am about to open a Questrade account. I know I had seen an affiliate promo code somewhere once, but I’ve spent a good while trying to find which post that was in… so I’ve given up. It’s not worth the effort. I recommend having a ‘support me’ page where people can easily locate your affiliate links and support you if they’re want to. I shouldn’t have to spent time and effort searching blog post after plog post trying to find an affiliate link just to help someone else out. Make it easier for your viewers to find.
Finance Jouneny says
Hello Anonymous,
Thank you very much for your suggestions and thank you once for thought about to support this site 🙂 It is greatly appreciated.
I will definitely create a page with all the resources, and hope it will benefit for readers and for this site as well..
Best Wishes for your success,
Passivecanadianincome says
nice fj
another great month full of dividends!
Looks like you will hit your goal for the year.
keep it up
cheers!
Finance Jouneny says
Hello Passive Canadian Income,
Thank you for stopping by,
I hit one (out of three) goal for this year. I have to hit another two in less than 2 1/2 months 🙂
Cheers,