Dividend Income – December 2013

Dividend Income - December 2013My 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.

Dividend Income

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

Dividend Income - December 2013

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

Related: How To Rebalance Your Stock Portfolio

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.

DISCLAIMER: Please note that this blog post represents my opinion and not an advice/recommendation. I am not a financial adviser, I am not qualified to give financial advice. Before you buy any stocks/funds consult with a qualified financial planner. Make your investment decisions at your own risk – see my full disclaimer for more details.
Join 6,000+ Investors & Build a Winning Portfolio