Hi everyone and welcome to my February income report. I hope everyone had a great month and received lots of dividends from their investments. In February I received dividends from 11 companies and 1 ETF.
My portfolio consists of two accounts a Tax Free Savings Account (TFSA) and a Registered Retirement Savings Plan (RRSP). For my TFSA I received $94.48 from 7 companies. I received $178.56 in my RRSP from 4 companies and 1 ETF for a grand total of $273.04 an increase of $67.38 compared to February 2016.
TFSA
| Inter Pipeline | $17.87 |
| Boardwalk Real Estate Investment Trust | $17.63 |
| The Keg Royalties Income Fund | $15.24 |
| Artis Real Estate Investment Trust | $13.95 |
| Boston Pizza Royalties Income Fund | $12.31 |
| Chorus Aviation | $10.92 |
| Corus Entertainment | $6.56 |
RRSP
| Royal Bank of Canada | $63.91 |
| Bank of Montreal | $62.48 |
| BMO US Dividend ETF | $29.50 |
| Pizza Pizza Royalty Corp. | $16.76 |
| Potash Corp | $5.91 |
2017 Dividends
So far in 2017 I have received a total of $651.03 compared to $504.63 in 2016. This year I have set a goal of receiving $4,000 in dividends. At the moment I am off to a good start.
Buys and Sells
There was no activity in this area. I am pretty sure I will be making a buy in March so stay tuned 🙂
Dividend Increases
February saw my portfolio receive three increases:
- On Feb 2nd BCE announced a 5% increase raising their dividend to $0.7175 from $0.6825.
- On Feb 16th TransCanada announced a 10.6% increase raising the dividend t0 $0.625 from $0.565.
- On Feb 24th RBC announced a 5% increase raising the dividend to $0.87 from $0.83.
Well that wraps up my month of February thank you for reading if you like my post please feel free to share the post I would appreciate it. Also please share any comments you have I love to read your thoughts and questions.
Thanks
Matthew
That looks to be a 33% increase year over year. Congratulations. Good luck keeping up that trend for the rest of the year.
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Thanks yes 33% will be hard to maintain. Thanks for reading and following the blog.
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33% increase over last year is fantastic, you should be very pleased with that one. I hope you can continue with this over time as it would be fantastic. Well done.
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Thank you.
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Great job Matthew, keep it up!
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Thank you sir 😀
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One of the great joys for me is to be able to buy more stocks with the dividends that I received. It’s a great way for me to rebalance my portfolio by increasing my positions in the sectors that I am currently under weight without having to sell my over weighted sectors.
Great job on growing your income. Keep the cash flowing.
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I feel the same way, I collect the dividends as well then purchase any stock I want with the income I receive.
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Congrats Matt 🙂 That’s a huge increase, I love how much your income has grown in one year! Really pleased for you.
Tristan
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Thanks Tristan The growth has been excellent so far in 2017.
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