Hi everyone it’s the first week of April so that means it’s time for my favourite post. I hope you all had a terrific month and collected lots of dividends. March for me was fantastic I had the best month since becoming a dividend investor in terms of receiving dividends. For the first time ever I collected over $400.
My total for March was $424.96 last month compared to $249.31 in March 2016. I had 14 companies and 1 ETF pay me. My portfolio consists of two accounts the Tax Free Savings Account (TFSA) and Registered Retirement Savings Plan (RRSP). In my TFSA I received $177.03 which is a record a big reason why was a special dividend paid by ZCL Composites Inc. For my RRSP account I received $247.93.
TFSA
ZCL Composites Inc | $82.55 |
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 Fund | $12.31 |
Chorus Aviation | $10.92 |
Corus Entertainment | $6.56 |
RRSP
Fortis | $64.40 |
Canadian Utilities | $55.41 |
Enbridge | $54.80 |
BMO US Dividend ETF | $29.50 |
Pizza Pizza Royalty Corp | $16.76 |
Power Corp of Canada | $12.06 |
Westjet | $7.00 |
Dividend Chart
Red is 2017 and Blue is 2016.
Buy/Sell
In March I made two purchases one purchase was for each account.
- March 7th I purchased 100 shares ofย Exco Technologies
- March 8th I purchased 273 shares ofย Chorus Aviation
Dividend Increases
I received two increases plus a special dividend in March.
- On March 8th ZCL Composites Inc announced a 50% increase to the quarterly dividend increasing it to $0.12 from $0.08.
- Also ZCL Composites announced a special dividend of $0.65
- On March 21st BMO announced a distribution increase for US BMO Dividend ETF. It now pays a monthly dividend of $0.07 instead of $0.06600.
So folks that is my report for the month of March I hope you enjoyed reading it. Please share I always appreciate that ๐ I hope you all had a great month as well.
Thanks for reading
Matthew
Matthew,
Congrats on surpassing $400.00 in a month. I have owned or currently own some of those positions.
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Thanks
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I like that you compare to this time last year. It gives me confidence that my $284 can turn into more next year ๐
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Ah thanks I thought it would be good to compare the years as well. It helps me to see how I am progressing. Your $284 will definitely increase keep up the good work.
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That is a very nice increase over last year’s income. You should be very happy with that. I hope it can increase next year as well.
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Thanks I appreciate that. I am very happy ๐
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Congrats on getting over $400 for the first time! I love seeing the growth on your graph, you can really see what a difference a year has made.
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Thanks I have been fortunate to invest in strong stable companies who continue to raise their dividend year after year.
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Great job Matthew. Thanks for sharing! I am drastically behind my goal and will need a MASSIVE last 3 quarters to reach it! ๐
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Thanks. Hang in there with your goals stay positive.
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