Hello dividend lovers welcome to my May dividend income post. I have seen a few bloggers post their May dividends and they are breaking their own records which is great to see. For me I did not break my record like I did in April. However May was a positive month for me as my year over year income grew. As a dividend investor that is what I want to see.
My portfolio consists of three accounts combined in May I received $369.72 this is an increase of $85.37 compared to May 2017. In my Registered Retirement Savings Plan (RRSP) I received $200.33. In my Tax Free Savings Account (TFSA) $142.84, and in my Locked In Retirement Account $26.55.
|Artis Real Estate Investment Trust||$13.95||$14.22|
|Boardwalk Real Estate Investment Trust||$17.63||$0.00|
|Boston Pizza Royalties Fund||$12.31||$12.31|
|The Keg Royalties Income Fund||$15.24||$15.70|
|Plaza Real Estate Investment Trust||$0.00||$23.61|
|Canadian Apartment Properties Reit||$0.00||$8.85|
I saw some nice growth in this account due to my new investment in Plaza REIT and Canadian Apartment Properties REIT, Inter Pipeline and Corus Entertainment.
|Royal Bank of Canada||$66.99||$72.38|
|Bank of Montreal||$62.48||$66.03|
|BMO US Dividend ETF||$31.29||$31.81|
|Pizza Pizza Royalty Corp||$16.76||$16.97|
|Potash Corp (now Nutrien)||$5.99||$0.00|
|Realty Income Corp.||$0.00||$13.14|
The main reason for growth with this account was my purchase of Realty Income Corp in January. The rest of the increase is due to dividend increases I received from the other stocks and ETF.
|Enbridge Income Fund Holdings||$26.55|
This account is new and I purchased this stock earlier this year so I can’t compare year-over-year.
I was able to drip 12 shares in May.
|# of Shares|
|Plaza Real Estate Investment Trust||5|
|Artis Real Estate Investment Trust||1|
|Pizza Pizza Royalty Corp||1|
Below is a chart to show my future income I will receive from these new shares.
Adding $9 to my forward income is pretty good, not as good as the last two months but it will quickly grow year after year.
2016 to 2018 Dividends
Another month of growth I can’t ask for anything more than that. As you can see February, May, August and November are my weaker months in terms of receiving dividends. I continue my streak of surpassing my 2017 income total for each month here in 2018.
This year I have set an ambitious goal of wanting to receive $6,000 this year. At the end of May I am one third of the way there.
I made one purchase in May I bought 39 shares of Canadian Utilities for my TFSA account.
May was a busy in this department for me 🙂
- Telus raised their quarterly dividend to $0.525 from $0.505
- Algonquin Power & Utilities raised their quarterly dividend to $0.1282 from $0.1165
- Power Corp raised their quarterly dividend to $0.3820 from $0.3585
- Canadian Apartment Properties REIT raised their monthly dividend to $0.1108 from $0.1066
- Bank of Montreal raised their quarterly dividend to $0.96 from $0.93
That is going to do it folks for my May income report. Please feel free to comment below I always like hearing from you. How did you guys make out in May? I hope you received lots of dividends.