My last dividend income report for the year! If you don’t know yet, there are 4 years of history under the Dividend Income tab above. It started slowly … but it’s growing steadily.
I am finishing this month on a high note. In fact, it’s my biggest month EVER! Read on for the details.
I will make $640.33 this month. My US Dividend Aristocrats are providing me with a hefty amount this month. My annual dividend income is landing at $6,300.89 for the year. It’s a modest increase over my previous years in terms of dividend income even though I added a fair amount of money. Obviously, the more I earn in dividend income, the harder it is to outdo myself from a percentage perspective.
Here is my growth over the past years:
- 2013 – 8.96% with $17,637 added to the dividend portfolio but much of it late in the year
- 2012 – 21.66% with $12,166 added to the dividend portfolio
- 2011 – 26.90% with $8,824 added to the dividend portfolio
- 2010 – baseline with $6,052 added to the dividend portfolio
I am hoping to make at least $7,000 in dividend income in 2014 and reach the $700 per month. As I have mentioned many times, it’s all about my saving rate. I won’t be able to grow it just through dividend increases, I will need to add more money. I don’t always go for high yield stocks because growth is limited and the growth is also important at this stage in my investment process. As such I have holdings such as CNR with a dividend yield of 1.48% but a dividend growth of 10% annually. However, I tend to have a yield on cost of around 4% with many investments.
Out of my portfolio I currently have the following ratio of investment type:
- 28.55% of income investments
- 71.45% of growth investments
… while I am sharing some numbers, here is my US vs CDN investment for my dividend portfolio.
- 67.58% in Canadian stocks
- 32.42% in US stocks
You can see the list of stocks I own in my new Stock Holding page. I decided to split my dividend income from my holdings so that I can better represent my list of stocks and performances.
DISCLOSURE: Please note that I may have a position in one or many of the holdings listed. For a complete list of my holdings, please see my Dividend Portfolio.