Dividend Income

Here are our dividend income over the years. We invest in both Canadian and US dividend paying stocks.

We receive dividends in both Canadian and US currencies. For simplicity no currency conversion is performed.

tawcan-dividend-income-oct-2016-graph

2016 Dividend Income: $10,296.78

Jan - $852.02
Feb - $1,004.29
Mar - $952.77
Apr - $1,033.73
May - $1,014.84
Jun - $1,099.33
Jul - $1,066.97
Aug - $1,115.20
Sep - $1,074.16
Oct - $1,083.47
Nov -
Dec -

2015 Dividend Income: $10,318.02

Jan - $622.85
Feb - $867.64
Mar - $775.53
Apr - $866.32
May - $844.52
Jun - $770.03
Jul - $975.71
Aug - $927.24
Sep - $824.69
Oct - $947.08
Nov - $922.68
Dec - $973.73

2014 Dividend Income: $8,362.30

Jan - $473.15
Feb - $628.73
Mar - $1,069.51 (Wow!!!)
Apr - $601.90
May - $756.04
Jun - $543.36
Jul - $630.37
Aug - $842.88
Sep - $638.54
Oct - $624.34
Nov - $827.70
Dec - $725.78

2013 Dividend Income: $5,456.20

2012 Dividend Income: $2,484.37

2011 Dividend Income: $675.21

2010 Dividend Income: $329.79

2009 Dividend Income: $154

2008 Dividend Income: $155

2007 Dividend Income: $54

42 Comments

  • Reply
    A Frugal Family's Journey
    August 12, 2014 at 10:01 pm

    Nice dividend income stream. Your are on pace to reach $8K in dividends this year. Very nice growth you've got going during the last four years...The compounding effect is certain evident in your portfolio!

    Wishing you continued success in your journey! AFFJ

    • Reply
      Tawcan
      August 14, 2014 at 10:27 am

      Thanks for your kind words. 🙂

      • Reply
        Dividend Growth Investor
        May 12, 2015 at 5:42 pm

        The rate of growth in your dividend income stream in under 7 - 8 years is astounding. I am curious, what is your ultimate annual dividend income goal, and when do you aim to achieve it by?

        I wish you good luck in your dividend investing journey, and I will cheer you up as your income exceeds 5 figures in 2015.

        Dividend Growth Investor

        • Reply
          Tawcan
          May 14, 2015 at 3:41 pm

          Hi Dividend Growth Investor,

          We aim to achieve our annual dividend goals by maximizing our tax-preferred accounts first and then invest in taxable accounts. Do do this we are trying to have high savings rate. In the early years of our dividend investment journey we were able to allocate mutual fund capitals to dividend stocks. In recent years we rely on saving money aside to purchase dividend paying stocks.

  • Reply
    Financial Red Devil
    September 4, 2014 at 6:25 am

    Wow that's some steep passive income growth! I see you have some high yielding equity in your portfolio? Would you still recommend it to someone starting out with pursuing FI?

    Kind regards,
    FRD

    • Reply
      Tawcan
      September 4, 2014 at 6:55 am

      Hi FRD,

      Thanks for dropping by. We have some high yielding equities but we have only invested small amount (<$1000). Whether I'd recommend someone staring out with pursuing FI to get these equities or not it really depends on each person's risk tolerance. cheers.

  • Reply
    DividendDreamer
    September 20, 2014 at 2:16 pm

    Looks like you have some nice progress on those dividends. Keep up the good job. Although contibutions make the biggest changes early on in a portfolio, as you get further along in the process, the dividend reinvestments rule the roost.

    Keep cranking,

    Robert the DividendDreamer

    • Reply
      Tawcan
      September 20, 2014 at 7:32 pm

      Thanks Robert for your kind words.

  • Reply
    Special Agent Dividend
    September 23, 2014 at 8:21 pm

    Awesome progress.. I'm jealous!! 🙂

    • Reply
      Tawcan
      September 24, 2014 at 5:51 pm

      Thanks Special Agent Dividend!

  • Reply
    Deets LaMoss
    November 9, 2014 at 10:44 am

    I love your growth trajectory! Keep up the good work.

    Deets

  • Reply
    Scott
    December 2, 2014 at 7:38 pm

    Amazing upward trend in your dividend income. I'm jealous! If I'm understanding the DRIP column correctly, it looks like you are reinvesting most of those dividends. Will you usually get to the point where you pool the dividends as cash and then make a single lump purchase?

    I'll probably end up doing that, but right now it is fun to accumulate portions of shares each quarter.

    • Reply
      Tawcan
      January 8, 2015 at 6:28 pm

      Hi Scott,

      The DRIP column just means that we're reinvesting most of the dividends received from these companies to buy additional shares. The plan is to keep DRIPing until we achieve financial independence.

  • Reply
    Roadmap2Retire
    January 9, 2015 at 7:04 pm

    LOVE that chart, Tawcan. That dividend income is heading in the right direction! Up up and away!

    Keep up the great work
    R2R

  • Reply
    Dividend Wisp
    January 14, 2015 at 10:15 pm

    Wow that really is some awesome div growth and income you've got coming in! I'm curious though as to what made your March 2014 income so high and not the corresponding months as high? Was it an annual dividend payment, or a stock that you had then sold? Looking forward to the answer to it 🙂

    • Reply
      Tawcan
      January 17, 2015 at 8:38 pm

      Hi Dividend Wisp,

      It was a special dividend that I received that made the huge spike.

  • Reply
    American Dividend Dream
    January 19, 2015 at 6:59 pm

    Great looking chart you've got up there! Dividends are heading in the right direction and soon the compounding snowball machine will really take off!

  • Reply
    BeSmartRich
    January 31, 2015 at 5:36 am

    Awesome job. Wow, the performance is proving your solid dividend investing strategy. Keep up the great work!

    BeSmartRich

  • Reply
    Vivianne
    February 14, 2015 at 7:19 pm

    I like your dividend portfolio a lot. Except for march last year, the dividend income are pretty smooth. I'm looking to do that this year for my portfolio too.

  • Reply
    Dividend Dreams
    March 1, 2015 at 11:29 am

    Wow Tawcan your year over year dividend increases are fantastic. This is very inspiring for newbies like me to see.

  • Reply
    CharlesMakesCents
    March 5, 2015 at 12:33 pm

    Wow, great dividend growth! I HOPE I'm looking at what Marie's and my account will look like in a few years! Given how much your YoY is for January 2015, it looks like this year is going to be awesome.

    I just wish you'd been blogging at the beginning 😉 sometimes it's hard to imagine the $8,000 when you're still fighting to reach the $800!

    Keep on saving,
    Charles

    • Reply
      Tawcan
      March 6, 2015 at 6:03 pm

      Hi Charles,

      If you continue investing I'm sure your account will look like that in a few years. Rome wasn't built in one day and your dividend portfolio certainly isn't either. Definitely keep on saving. 🙂

  • Reply
    Wilbur
    March 8, 2015 at 10:50 am

    Thanks for a marvelous posting! I really enjoyed reading it, you happen to be a
    great author.I will always bookmark your blog and will often come back in the
    future. I want to encourage continue your great writing,
    have a nice weekend!

  • Reply
    Financial Underdog
    June 5, 2015 at 3:37 pm

    All you need is an extra zero, and you're set 🙂

  • Reply
    PK
    June 11, 2015 at 2:36 pm

    Hi Tawcan,

    Really great site with great info for both Novice and experienced investors. Quick question. What kind of capital is required to received $8,000 to $10,000/year in dividend. I plan on DRIPing as I don't need the income just yet (Mid-30's and working full-time). Just curious what kind of size of Portfolio (Dividend paying growth stocks) I'll need. Thanks for your input.

    PK

    • Reply
      Tawcan
      June 11, 2015 at 3:20 pm

      Hi PK,

      If you assume a 3% average dividend yield, you'd need $333k in capital to get $10,000/year in dividend. Having said that, as companies increase their dividend payout each year, your yield on cost will exceed 3%. So as you build up your portfolio, you may need less than $333k to generate this kind of annual income. Hope this helps.

      • Reply
        PK
        June 19, 2015 at 3:22 pm

        Thanks for replying Tawcan! Really enjoy your site..keep up the great content!

        PK

  • Reply
    Dividend Fish
    June 17, 2015 at 3:46 pm

    Hi Tawcan,

    Nice blog!

    You only started to pump significant amounts of fresh money in your portfolio since 2012, correct? Was just wondering because starting from that moment your monthly dividend income is increasing fast! How much of fresh money are you pumping in per month nowadays?

    I just started my blog, figuring out how to build it and what info to put on it.

    Will keep on checking yours!

    Regards,
    Dividend Fish

    • Reply
      Tawcan
      June 19, 2015 at 5:11 am

      Hi Dividend Fish,

      Thanks, we started re-allocating asset around 2012 and really focused on dividend growth investing strategy. Our fresh capital investment kind of varies month to month, hard to provide an exact number.

  • Reply
    Kisha
    June 24, 2015 at 9:01 pm

    My partner and I stumbled over here from a different web page and thought
    I might as well check things out. I like what I see so i am just following
    you. Look forward to looking at your web page yet again.

  • Reply
    Dividend Dreams
    July 4, 2015 at 10:38 am

    It's been a great year for your dividends. You are getting very close to $1,000 in a single month. Very impressive Tawcan.

  • Reply
    Happy Healthy and Wealthy Girl
    July 7, 2015 at 10:47 pm

    wow, nice dividends growth! very impressive and inspiring! Thanks for sharing!

  • Reply
    Team CF
    October 8, 2015 at 3:19 am

    That is one pretty looking bar graph! I might have missed it somewhere on you blog, but what is the dividend income target for you to become financially independent? Considering the rate of growth, its probably not going to be far off, right?

    We wish you good luck!

    • Reply
      Tawcan
      October 8, 2015 at 9:41 am

      Hi Team CF,

      We estimate $3000-4000 per month would be the number but that can still change. 🙂

  • Reply
    Dividend Growth Bunny
    January 7, 2016 at 10:27 pm

    WOW!!!! I like the fact that your dividend grew by so much throughout the years. May I know how much additional money are you putting into your portfolio each month?? I recently just started my dividend growth portfolio and my blog. It's not doing that well now since the overall market is down. However I am using this opportunity to purchase more dividend growth stocks. Please check out my blog at http://www.dividendgrowthbunny.com

  • Reply
    Dividend Growth Investing | Freedom 35 Blog
    January 18, 2016 at 4:00 pm

    […] Tawcan – Annual div ~ $11,000 CAD Another blogger who hails from Vancouver. He started his dividend income journey in 2007. […]

  • Reply
    Dividend Hustler
    January 26, 2016 at 11:41 am

    That's an awesome chart Tawcan. Every year, the dividend income is exploding higher and higher. Awesome progress and keep up the great work bud. Cheers.

  • Reply
    Dividend Monster
    February 4, 2016 at 10:52 am

    Tawcan,

    Your blog is such an inspiration for me. My portfolio is only in the very beginning stages, much like your 2007 portfolio/dividend payouts were. It's great to see the timeline of how fast things can move forward if this investment strategy is used correctly. Thanks for sharing!

    -DM

  • Reply
    Matthew
    March 6, 2016 at 2:50 am

    2016 is off to a great start keep up the great work.

    • Reply
      Tawcan
      March 6, 2016 at 5:27 pm

      Thanks Matthew.

  • Reply
    TJ
    September 25, 2016 at 9:38 am

    It's impressive to see how much it's grown over time. ii'm surprised to learn that companies issue diviends at different months of the year, I thought it was typically in March, June, September and December, but i guess that it just if you go the mutual fund route.

  • Reply
    The Roth IRA... I mean TFSA Challenge | Northern Expenditure
    November 6, 2016 at 1:03 pm

    […] plain-vanilla-taxable accounts, we have created a sizable dividend portfolio currently generating over $1,000 of dividend income each month in 2016. What makes this so cool is that our money is working hard for us so we don’t […]

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