Hello everyone and welcome to dividend income post where I will share with you what I received in April. I hope you all had a fantastic month. I feel like I say this a lot but April was another record month for me in terms of income. I made one purchase in the month and that helped my income as that stock paid a special distribution. On the buying front I have been pretty quiet so far this year, I’m trying to build up some cash. What are you guys doing are you keeping cash on hand or finding some good buys?
Well let’s get to the numbers shall we. I received $760.47 for the month of April, this is the first time that I crossed into the seven hundred dollar mark. I received 22 paychecks spread over three accounts and the breakdown is as follows:
- RRSP – $420.14
- TFSA – $338.31
- LIRA – $2.22
The money came in two currencies as I do own US stocks. However to keep things simple I use one currency (Canadian) for these posts. The currency breakdown for April is:
- USD – $100.44
- CDN – $600.23
Registered Retirement Savings Plan (RRSP)
|Algonquin Power & Utilities||$45.08||$41.02|
|Realty Income Corp||$12.92||$10.62|
|North West Company||$0.32||$0.33|
|BMO US Dividend ETF||$31.74|
|Pizza Pizza Royalty Corp||$16.90|
The increase with this account is mostly due to new investments that were made last year. Although dividend increases from BCE, TransCanada and Telus helped nicely as well.
Tax Free Savings Account (TFSA)
|European Residential REIT||$155.00|
|Keg Royalties Income Fund||$15.70||$28.38|
|Bank of Nova Scotia||$23.49|
|BMO International Dividend ETF||$22.23|
|Boston Pizza Royalties||$12.31||$12.31|
|Canadian Apartment Properties REIT||$8.85||$9.55|
|Andrew Peller Ltd||$2.31|
|ZCL Composites Inc||$30.65|
Huge increase here and that is thanks to European Residential REIT that is the stock I bought at the beginning of April. I made the purchase just before the ex dividend date so I could receive the special distribution.
Locked In Retirement Account (LIRA)
|Diversified Royalty Corp||$2.22|
|Enbridge Income Fund||$26.55|
Not a lot happening with this account it currently only has two stocks and one pays monthly.
2016 To 2019 Dividends
Dividend Goal For 2019
For 2019 I have set a goal of wanting to receive $8,000 in dividends. It is an ambitious goal which I will do my best to achieve. Even though I am slightly behind in where I need to be I am extremely happy about my results so far this year. At the end of April my dividends have increased $734.96 this year compared to last year.
I purchased one stock in April and that was European Residential REIT. I bought 310 shares.
Last month I mentioned that I only received one increase well it turns out that I missed an increase from Realty Income Corp so I really had two in March. For April I received one increase.
- Johnson & Johnson increased their dividend to $3.80 per share up from $3.60
Well folks that is a wrap for my April income post. How did you do in April? Thank you for reading I appreciate it.