Hello everyone and welcome to May. Since we are now into a new month it is time for my favourite post. Last month was outstanding and even better than March. Can you believe it? I can’t, I actually received the most dividends ever which I wasn’t expecting.
For April I received a total of $533.09. Wow my second month in a row of receiving $500 or more. This money was spread over my three accounts that make up my portfolio. In my Tax Free Savings Account (TFSA) I received $172.87, in my Registered Retirement Savings Plan (RRSP) I received $333.67, and finally in my new account the Locked In RRSP I received $26.55.
|ZCL Composites Inc.||$15.24||$30.65|
|The Keg Royalties Income Fund||$15.24||$15.70|
|Boston Pizza Royalties Fund||$12.31||$12.31|
|Canadian Apartment Properties REIT||$0.00||$8.85|
I saw a nice increase here due to my new investment in Plaza REIT, ZCL Composites Inc. last year. Also it isn’t much yet but with some stocks you can see small increases that is from dripping my stocks.
|Algonquin Power & Utilities||$47.78||$45.08|
|BMO US Dividend ETF||$31.29||$31.74|
|Pizza Pizza Royalty Corp||$16.76||$16.90|
|Realty Income Corp||$0.00||$12.92|
|North West Company||$0.32||$0.32|
The big increase for this account is the investment I made in BCE earlier this year. Also BCE is the first stock to pay me $100 or more in a single dividend payment. What also helped were dividend increases from TransCanada and Telus.
Locked In RRSP
|Enbridge Income Fund Holdings||$26.55|
I have just the one stock in this account. I should received the same each month until the dividend is raised.
In April I was able to drip 19 new shares.
|# of Shares|
|Algonquin Power & Utilities||3|
|BMO US Dividend ETF||1|
|Pizza Pizza Royalty Corp.||1|
I have decided to add a chart to this post and below will show you the future income I will receive from these new shares I receive through the drip.
The numbers continue to go higher which is great to see.
2016 to 2018 Dividends
2018’s numbers are looking good so far I have been able to beat my 2017 numbers each month so far.
As most of you know I have set a goal this year of wanting to receive $6,000 in dividends. So far after 4 months I received close to $1,800 if all the numbers stay the same until the end of the year I am on track to receive $5,395.86 which is outstanding for me. This number should increase however through future dividend increases and stock purchases this year.
There were no purchases this month, I sat back and collected my dividends.
My portfolio received one raise in April.
- On April 26 Johnson and Johnson raised their dividend 7.1% it went from $0.84 to $0.90 per share payout quarterly.
Well folks that’s a wrap for my post. How did you do in April? Please feel free to let me know in the comment section below.