Hello everyone and welcome to my favorite post. In this post I get to share with my my income that I received from my investments. As I write this post the market has just finished it’s third day of declines. All I can think about is trying to find some cash to buy more shares. If your a long term investing horizon don’t be concerned view this as a buying opportunity.
Let’s get to the fun shall we. My portfolio currently consists of two accounts, soon to be joined by a third account (hopefully sometime in February). These accounts are my Tax Free Savings Account (TFSA) and the Registered Retirement Savings Plan (RRSP). Last January I received $377.99, this year I am happy to report that I received $436.34 an increase of $58.35. I had 16 stocks and 1 ETF pay me last month.
TFSA
| January 2017 | January 2018 | |
| Artis Real Estate Investment Trust | $13.95 | $13.95 |
| Boardwalk Real Estate Investment Trust | $17.63 | $0.00 |
| Boston Pizza Royalties Fund | $12.31 | $12.31 |
| Chorus Aviation | $10.92 | $17.28 |
| Corus Entertainment | $6.56 | $17.48 |
| Inter Pipeline | $17.87 | $18.52 |
| The Keg Royalties Income Fund | $20.22 | $20.68 |
| ZCL Composites Inc. | $10.16 | $27.24 |
| Plaza Retail Real Estate Investment Trust | $11.25 | |
| Canadian Apartment Properties REIT | $8.85 | |
| Total | $109.62 | $147.56 |
January was the second best month for my TFSA account. This was because of my increased investments in Chorus Aviation, Corus Entertainment and ZCL Composites Inc. Plaza REIT and Canadian Apartment Properties REIT are new as they replaced Boardwalk REIT late last year. Inter Pipeline and The Keg are slightly higher due to dividend increases.
RRSP
| January 2017 | January 2018 | |
| Algonquin Power & Utilities | $42.78 | $44.87 |
| BCE | $75.08 | $78.93 |
| BMO US Dividend ETF | $27.71 | $33.53 |
| Leon’s Furniture | $0.10 | $0.12 |
| North West Company | $0.31 | $0.32 |
| Pizza Pizza Royalty Corp | $16.76 | $16.76 |
| Telus | $48.00 | $50.50 |
| TransCanada | $57.63 | $63.75 |
| Total | $268.37 | $288.78 |
The numbers are higher with every investment above (except Pizza Pizza) due to dividend increases.
Dividends From 2016-2018
Dividend Goal Meter
I’ve brought the dividend meter back for another year. This year I have a goal of wanting to receive $6,000 in dividends. 2018 is off to a good start for me.
Buy/Sell
January was a very busy month for me in this area I made several buys and sells.
Buys
- Corus Entertainment
- Realty Income Corp.
- Bank of America
- Johnson & Johnson
- Microsoft
Sells
- Westjet
- Nutrien
- Exco Technologies
Dividend Increases
Received two raises in Janaury.
- Canadian Utilities raised their dividend 10% to $0.3933
- Canadian National Railway raised theirs 10% as well to $0.455
Well folks that wraps up my January report as you can see it was a good month for me. I hope everyone also had a great month. Let’s let me know how you did in the comment section.
Thanks
Matthew
Looks like a busy month for you. Congrats on the growth. Nice way to start off the year. I like all the buys you made as well. Some good names on that list. And a few dividend increases always help. Keep up that growth!
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Thanks buddy it was a very busy month. Thanks for stopping by.
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Looks like another solid month. Just curious why the Artis #’s didn’t go up over last year? Were you not DRIPPING them?
Also – love the new US shares- I’ll be looking to add MSFT and probably JnJ to my RRSP as well this year.
Lastly – what is the 3rd account you plan on adding? RRSP/TFSA and ???
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Hey Jordan in regards to Artis I was not dripping since 2016 I have just been collecting the money. I told my brokerage to turn dripping back on so hopefully this month it will start. As for the third account it is a locked in rrsp that I am having transferred over so I can buys stocks with. It’s a small amount but every bit helps.
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Great month Matt. Based on your current portfolio and moves in January $6000 is in your future. Keep it up!
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Thank you 🙂
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All great stuff, Matthew. It’s looking good for the 6K goal!
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Thank you 🙂
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Nice matt! Great to see all the dividend increases working for you!
Great consistent growth on that chart.
Why did you sell nutrien?
Cheers
Rob
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Thanks. I sold Nutrien because I thought those U.S. stocks would be better to hold and i needed the cash. I may at some point buy Nutrien again but in my TFSA.
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Congrats Matt! Good dividend increases. Does BMO US Dividend ETF pay monthly dividends? Interesting to see an Dividend ETF paying out in January.
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Thanks. Yes the ETF does pay me monthly 😃
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Wonderful start to 2018, Matthew. I like your additions for January. I’ve been interested in MSFT for some time. Perhaps it will correct a bit more so I can initiate a position. Enjoy those two dividend raises as well… 10% is awesome.
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Thanks. I have a feeling that MSFT as well as the rest of the market may continue to correct next week.
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Great month! Love the meter and the charts as always. What made you decide to sell Westjet?
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I sold Westjet because I didn’t see them raising their dividend anytime soon.
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