The omicron variant of COVID19 is running rampant in the world. In Canada, Ontario went into a lockdown to help control the spread. The province of Quebec, recently stated their intention to introduce a health care tax on the unvaccinated. This action by Quebec led to massive registrations of people singing up to get their first shot.
Currently, people are strongly encouraged to get a booster shot (3rd vaccine). Initially, this was only suppose to for immuno-compromised individuals. It did not take long for the recommendation to be switched to all people.
The stock market keeps booming along, even with the COVID19 pandemic keeps dragging on. At the beginning of December, the Canadian banks raised their dividends for the first time in over a year.
All About The Dividends received $681.52 in dividend income and added over $13.11 in forward dividend income via DRIPs. Their is also mention of the purchases that were made during December.
Passive Canadian Income received $1480.73 in total passive income in December 2021. The amount of dividend income received was $913.94
Reverse The Crush received $115.72 in dividend income in December 2021. This is a 33% YoY increase.
Our Life Financial received $2915.94 in total dividend income and 61 new shares via DRIP. Also in the post, Our Life Financial mentions her new purchases during the month of December 2021.
Moneymaaster received $3233.41 in dividend income and dripped 104 new shares/units to boost his future dividend income.
My Own Advisor and Gen Y Money shared their individual dividend income updates with the world. Although their actual amount of dividend income received in December is not mentioned, there is some great information in their respective posts.
Fire We Go, via a You Tube video, received $1258.19 in dividend income for the month of December 2021.
My Dividend Snowball received $4328.96 in dividend income for December 2021.
We all started with $0.00 of passive income and have grown our investments over time. Each "BUY" transaction can provide ongoing dividend income which may also be increased over time.
In Canada and the United States, many brokerage accounts offer commission free trades and/or commission free ETFs. You can get started on your investing journey with very little money.
I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.
Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.