Hello everyone and welcome to my favourite post. As we are in a new month I get to share with you how my portfolio did last month. From all of the blog posts I’ve seen from other bloggers everyone seems to have had a very good July, I hope you are one of them. For me July was a good but quiet month, it was good because I received a high dividend total and quiet because I did not buy and new stocks. If you have been following my blog than you know that I turned my drip on for all my stocks so my cash goes up a little slower than normal.
For the month of July I received a total of $543.91. A very good total as it beat last July’s total. Also on a positive note I have a goal of wanting to receive at least $6,000 in dividends so I need to average $500 per month so this total helps get me closer to that figure. My portfolio consists of three accounts here they are and the amount I received for each. First is the Tax Free Savings Account (TFSA) I received $175.17, next up is the Registered Retirement Savings Plan (RRSP) for this account I received $342.19. Finally my Locked In Retirement Account 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||$9.20|
I saw a nice increase in July for this account due to my increased investment in Inter Pipeline and Corus Entertainment earlier this year. Later this my income will drop from Corus. I plan for the time being to stick with Corus and see what happens to the stock.
|Algonquin Power & Utilities||$45.61||$52.37|
|BMO US Dividend ETF||$31.29||$31.95|
|Pizza Pizza Royalty Corp||$16.76||$17.11|
|Realty Income Corp||$0.00||$13.54|
|North West Company Inc.||$0.32||$0.32|
Some nice big payouts for me in July, I love getting payments from BCE especially my first stock to pay five figures. New investments (BCE & Realty Income Corp) plus dividend increases are the reason for the increase in dividends received.
|Enbridge Income Fund Holdings||$26.55|
Just one stock in this account and it pays monthly.
In July because I drip (Dividend Re-Investment Plan) all of my stocks my portfolio received 22 new shares which helps grow my future dividend income. Here is what I received.
|# of Shares|
|Algonquin Power & Utilities||4|
|BMO US Dividend ETF||1|
|Pizza Pizza Royalty Corp||1|
Below is a chart of the income I expect to receive from these new shares. As you will see the money adds up quickly through dripping shares.
Since I starting dripping my shares I have increased my forward income by $87.36.
2016 to 2018 Dividends
I always like to look back and track my progress, whether it’s month to month or year to year. So far every month in 2018 has surpassed their 2017 totals.
Well I have crossed the halfway mark for my 2018 goal. In two to three months I should be passing my 2017 income which is incredible to think about.
July was a quiet month in this area. I did not buy or sell any stocks.
- Alimentation Couche-Tard increased their dividend to $0.10 per share.
Well that will do it for my July income report. I hope you enjoyed reading it. I also hope that you all had a fantastic month and received lots of dividends.
Thanks for reading