Welcome to my Dividends Income Investing page. These dividends are produced from my Dividends Income Investing portfolio. Basically, the passive dividend income comes from company that I am currently owning or I have had them the past.
The dividend amount is either in Canadian currency or US currency. For simplicity, I am not converting the ratio between US dollar and Canadian dollar because the conversion rate for the currency is varied daily.
Dividends Income
Currently, this portfolio is producing $38,046 annually passive Dividends income and growing. At the movement, the Dividends Income portfolio has the yield of 4.01%. However the yield on cost on this portfolio is 5.07%. Hopefully, my goal for Dividends Income Investing is able to produce enough passive income to cover my monthly expenses.
Impressively, the Dividends Income has an explosive growth of averaging 117% from the previous year. The growth is quite impressive. First, the dividends grow rapidly because of my monthly contribution. At the movement, I am trying to contribute around $5,000 to $6,000 per month to my Dividends Income Fund . Secondly, the organic growth of the stocks is a major factor for the increasing in Dividends Income (i.e. reinvesting the dividends to buy more shares or dividends increases from company). Truly, I believe that this Dividend Growth portfolio could lead to my financial freedom in the future.
Thanks for reading my dividends income. How was your dividends income? Free free to leave me comment.