March Income

Hello everybody I hope you are all doing great. First off I have been really busy and haven’t been able to write a post in awhile. I hope everyone had an outstanding month of March and increased your dividend income.

After a very busy February my portfolio returned back to normal. March was great for me and also very quiet for me no purchases were made. At the moment I am just sitting back and watching the dividends role in. In March I had 12 companies pay me dividends by far the busiest month I have ever had. The income received for the month was $243.39 that is an increase of  $78.95 compared to March 2015. I received $64.58 in my TFSA account. For my RRSP account I received $178.81.

My portfolio consists of two accounts Tax Free Savings Account (TFSA) and Registered Retirement Savings Plan (RRSP). I had five companies from my TFSA and seven companies from my RRSP pay me in March.

TFSA

• Boardwalk Real Estate Investment Trust   $13.13
• Chorus Aviation                                       $10.84
• Artis Real Estate Investment Trust            $13.77
• Keg Royalties Income Fund                      $14.53
• Boston Pizza Royalties Income Fund         $12.31

RRSP

• Canadian Utilities                        $41.93
• Fortis                                          $60.00
• Enbridge                                     $49.29
• Pizza Pizza Royalty Corp.             $16.24
• Magna International                     $5.92
• Power Corp of Canada                  $11.21
• Westjet                                          0.14

DRIP

Through my discount brokerage I am involved in Dividend Reinvestment Plans for all my my stocks, The DRIP that I have is called a Synthetic DRIP with this I can only purchase whole shares any partial amounts are returned to me in cash. Through my DRIP I received 6 shares this month and they are:

• 1 share of Chorus Aviation
• 1 share of Artis Real Estate Investment Trust
• 1 share of Canadian Utilities
• 1 share of Fortis
• 1 share of Enbridge
• 1 share of Pizza Pizza Royalty Corp.

Dividends In 2016

Through the first three months of 2016 I have received a total of $753.94. In 2015 at this time I had received $556.07 so I have increased my income year over year by 135% I am all smiles when I see this number.

How did everyone else do in March? Please let me know how you did in March and through the first three months of 2016.

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