Here are our monthly dividend incomes 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.
2018 Dividend Income: $8,829.71
Jan – $1,340.83
Feb – $1,352.06
Mar – $1,440.82
Apr – $1,545.42
May – $1,459.76
Jun – $1,690.82
Jul –
Aug –
Sep –
Oct –
Nov –
Dec –
2017 Dividend Income: $14,834.38
Jan – $1,112.37
Feb – $1,191.55
Mar – $1,171.92
Apr – $1,212.18
May – $1,199.31
Jun – 1,269.43
Jul – $1,282.42
Aug – $1,276.98
Sep – $1,282.67
Oct – $1,310.05
Nov – $1,247.57
Dec – $1,277.93
2016 Dividend Income: $12,559.74
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 – $1,077.06
Dec – $1,185.90
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
54 Comments
A Frugal Family's Journey
August 12, 2014 at 10:01 pmNice 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
Tawcan
August 14, 2014 at 10:27 amThanks for your kind words. 🙂
Dividend Growth Investor
May 12, 2015 at 5:42 pmThe 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
Tawcan
May 14, 2015 at 3:41 pmHi 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.
Financial Red Devil
September 4, 2014 at 6:25 amWow 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
Tawcan
September 4, 2014 at 6:55 amHi 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.
DividendDreamer
September 20, 2014 at 2:16 pmLooks 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
Tawcan
September 20, 2014 at 7:32 pmThanks Robert for your kind words.
Special Agent Dividend
September 23, 2014 at 8:21 pmAwesome progress.. I’m jealous!! 🙂
Tawcan
September 24, 2014 at 5:51 pmThanks Special Agent Dividend!
Deets LaMoss
November 9, 2014 at 10:44 amI love your growth trajectory! Keep up the good work.
Deets
Scott
December 2, 2014 at 7:38 pmAmazing 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.
Tawcan
January 8, 2015 at 6:28 pmHi 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.
Roadmap2Retire
January 9, 2015 at 7:04 pmLOVE that chart, Tawcan. That dividend income is heading in the right direction! Up up and away!
Keep up the great work
R2R
Dividend Wisp
January 14, 2015 at 10:15 pmWow 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 🙂
Tawcan
January 17, 2015 at 8:38 pmHi Dividend Wisp,
It was a special dividend that I received that made the huge spike.
American Dividend Dream
January 19, 2015 at 6:59 pmGreat looking chart you’ve got up there! Dividends are heading in the right direction and soon the compounding snowball machine will really take off!
BeSmartRich
January 31, 2015 at 5:36 amAwesome job. Wow, the performance is proving your solid dividend investing strategy. Keep up the great work!
BeSmartRich
Vivianne
February 14, 2015 at 7:19 pmI 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.
Dividend Dreams
March 1, 2015 at 11:29 amWow Tawcan your year over year dividend increases are fantastic. This is very inspiring for newbies like me to see.
CharlesMakesCents
March 5, 2015 at 12:33 pmWow, 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
Tawcan
March 6, 2015 at 6:03 pmHi 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. 🙂
Wilbur
March 8, 2015 at 10:50 amThanks 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!
Financial Underdog
June 5, 2015 at 3:37 pmAll you need is an extra zero, and you’re set 🙂
PK
June 11, 2015 at 2:36 pmHi 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
Tawcan
June 11, 2015 at 3:20 pmHi 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.
PK
June 19, 2015 at 3:22 pmThanks for replying Tawcan! Really enjoy your site..keep up the great content!
PK
Dividend Fish
June 17, 2015 at 3:46 pmHi 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
Tawcan
June 19, 2015 at 5:11 amHi 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.
Kisha
June 24, 2015 at 9:01 pmMy 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.
Dividend Dreams
July 4, 2015 at 10:38 amIt’s been a great year for your dividends. You are getting very close to $1,000 in a single month. Very impressive Tawcan.
Happy Healthy and Wealthy Girl
July 7, 2015 at 10:47 pmwow, nice dividends growth! very impressive and inspiring! Thanks for sharing!
Team CF
October 8, 2015 at 3:19 amThat 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!
Tawcan
October 8, 2015 at 9:41 amHi Team CF,
We estimate $3000-4000 per month would be the number but that can still change. 🙂
Dividend Growth Bunny
January 7, 2016 at 10:27 pmWOW!!!! 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 https://www.dividendgrowthbunny.com
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. […]
Dividend Hustler
January 26, 2016 at 11:41 amThat’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.
Dividend Monster
February 4, 2016 at 10:52 amTawcan,
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
Matthew
March 6, 2016 at 2:50 am2016 is off to a great start keep up the great work.
Tawcan
March 6, 2016 at 5:27 pmThanks Matthew.
TJ
September 25, 2016 at 9:38 amIt’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.
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 […]
Dividend Cake
January 24, 2017 at 2:38 amHi Tawcan
What a dividend performance portfolio ! An example for all of us dividend investors
we only started 3 or 4 years ago and don’t have this performance (yet)
One question though that we have, is how did you arrive at such a monthly equal distribution of dividend income ? What is your process to get to such a dividend payout scheme ? We would love to learn that process
Thanks for the answer in advance
Good luck with your 2017 goals ! Denmark is a nice country to live 🙂
I read recently that Vancouver is within the top 3 of most expensive real estate cities.
greetz from Belgium
Dividend Cake
Tawcan
January 24, 2017 at 10:29 amHi Dividend Cake,
Thanks. The even monthly equal distribution of dividend income is the result of owning a combination of stocks that pays dividend every month and every quarter. Somehow things just come out to be roughly the same every month.
Dividend Cake
January 24, 2017 at 11:50 amwell, if you have some kind of payment by stock spreadsheet, I would love to see it. If you don’t mind sharing, please send it to info@dividendcake.com. I think we can learn from this from a dividend payout strategy perpective. Thanks in advance
Have a great day
Dividend Cake
Dividend Driven | www.dividenddriven.com - Dividends, Investing, Retirement Income, Financial Freedom
February 4, 2017 at 5:09 pmI bet 2017 you will see an annual increase of +3,000 in your dividends. You have terrific consistency and thanks for sharing the dividend history!
kindoflost
February 20, 2017 at 10:12 amNice yearly trend you have there. And I notice a fairly leveled monthly inflow. Do you purposely pick stocks that pay in specific months to achieve such regularity?
Tawcan
February 21, 2017 at 1:09 amIt was a pure coincidence. We have a mix of monthly and quarterly payment dividend stocks. Somehow they happen to give us similar monthly dividend income level.
Maxim
April 16, 2017 at 10:55 amHi Bob, great dividend performance! I am doing a similar thing with options. I my opinion to be involved in the finance markets is one of the best methods to increase your financial assets. I attached your blog to my favorites and looking forward for the future.
John R
June 1, 2017 at 5:28 pmUnless I missed it & I searched to see what your total amount of investments are that produce the 2016 of $12000+ of yearly dividends?
What would be the yield?
Do you have a breakdown of the amount that is in each of the RRSP, TFSA, Non-registered accounts or other passive income investments?
Do you leverage for investing?
Are you on track to a particular dollar value net worth number or a target retirement date?
Appreciate any comments on the above
Thanks
Tawcan
June 2, 2017 at 10:49 amHi John,
I don’t disclose my portfolio info and portfolio yield. But if you do a quick backward calculation using 3% dividend yield, it’s pretty easy to estimate the portfolio value.
I did have a quick breakdown of the portfolio in RRSP, TFSA, and non-registered account and would love to hear your thoughts on our assumptions:
https://www.tawcan.com/our-financial-independence-assumptions-what-about-taxes/
We do not leverage. We are aiming to reach FI sometime in our 40’s so that’d be in the next 6 – 16 years.
Lincy
August 1, 2017 at 7:41 pmHi Tawcan,
I would like to know more about dividend income. I am starting to learn all this. I live in Canada too. I am an immigrant and a lot of this is to me. Can you help me with some investment questions I have? My email is lincyv@hotmail.com
Tawcan
August 2, 2017 at 8:42 amHi Lincy,
Best if you send me an email via tawcan.com@gmail.com with your questions. 🙂
What Is FIRE? — Financial Independence Retire Early | Jessica Moorhouse
July 4, 2018 at 8:14 am[…] accounts like the RRSP and the TFSA, in 7 years we have built up a portfolio that produces over $1,400 of dividend income per month so far in 2018. We also broke an all-time monthly dividend income milestone by receiving almost […]