Dividend income report – February 2016

I received over $290 from 25 different companies in February 2016.

This is my second dividend income report for the year of 2016. I am little bit behind the schedule to make this post as I spend more time with my one year old son.

As always, feel so great to see money pouring into my brokerage accounts from multiple high quality companies, and the income is much well diversified, pure passive and much safer than a single income from day job.

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.

I received $291.42 dividends and it is 24.95% higher than same period last year which was $233.23.

I usually receive little bit low dividend in February, May, August and November.

Here is the breakdown of my dividend income in February 2016.

Dividend income from Canadian stocks

ALA – $8.25
ZPR – $2.25
REI.UN – $11.75
CAR.UN – $3.05
DRG.UN – $3.33
CBO – $2.80
CPD – $5.40
XRE – $9.29
XTR – $10.00
XDV – $7.96
PWF – $18.63
EMA – $23.75
IPL – $6.50
RY – $51.35
BMO – $42.00
CGX – $2.60
FC – $7.80

Total dividend I received from Canadian stock holdings: $216.71

Dividend income from U.S stocks

OHI – $11.40
T – $17.76
CL – $1.90
GIS – $6.60
KMI – $6.25
PG – $16.57
VZ – $8.48
HCP – $5.75

Total dividend I received from U.S stock holdings: $74.71

Total: $291.42

Total dividend I received for year 2016: $820.26

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 $7100, increased by $795 from my last update due to my recent purchases and dividend growth.

One of my long-term goals is receive $25000 dividend income from investment portfolios. I have achieved 28.40% 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 long term 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.