During the last month or so, the talk of a sixth wave of COVID19 is starting to alarm some people. Some parts of the world are taking serious action to limit the spread during this wave.
In Canada, some provinces have warned people to take precautions such as limiting size of indoor gatherings. Will we see provincial governments bring back restrictions in the coming weeks? Only time will tell.
The price of gas at the pumps remain high in Canada as the Russia invasion of Ukraine continues to go on. This has lead to more inflation as businesses have to pass on the increase costs onto their customers.
Let's get to the list of dividend income from some Canadian bloggers for March 2022. Of course, I first want to mention my own dividend income report.
All About The Dividends received $839.94 in dividend income and added over $30.05 in forward dividend income via DRIPs. Their is also mention of the purchases that were made during March 2022.
Reverse The Crush received $125.85 in dividend income in March 2022. This is a 44% YoY increase.
Our Life Financial received $3113.53 in total dividend income and 69.47% increase YoY. Also in the post, Our Life Financial mentions her new purchases during the month of March 2022.
Moneymaaster received $922.13 in dividend income and dripped 41 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 March 2022 is not mentioned, there is some great information in their respective posts.
Fire We Go received $2191.13 in dividend income for the month of March 2022.
Labour To Leisure received $491.64 in dividend income for the month of March 2022.
Conclusion:
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.
DISCLAIMER
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.
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