Passive Canadian Income received $2102.39 in passive income for the month of December 2022. Of this total, $1040.43 was dividend income. The number of new shares / units dripped came in at 13.
Reverse The Crush received $116.41 in dividend income in December 2022. This is a 0.60% YoY increase.
All About the Dividends received $942.03 in dividend income in the final month of 2022, while adding over $38.13 in forward dividend income via DRIPs .
Our Life Financial received $3602.31 (combined with husband's dividend income) in dividend income in December 2022. This is an increase of 23.54% increase YoY.
Moneymaaster received $2182.47 in dividend income and dripped 107 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 2022 is not mentioned, there is some great information in their respective posts.
Labour to Leisure received $655.91 in dividend income in December 2022. He also dripped 13 additional shares.
Fire We Go (via video) received $2458.06 in dividend income for the month of December 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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