Hello everyone and welcome to my October income post. Wow it feels weird typing in October. Where has the time gone? I hope everyone had a great month and received lots of dividends. In October we seen some volatility in the market, my portfolio lost a few thousand dollars in value. Since I am 35 with a long investing horizon it front of me I’m not worried. One reason why I’m not worried is because my dividends continue to increase month after month. October was a busy month for me, I made five purchases, had one dividend increase and even one dividend decrease. 😦
In October I received $546.38 in dividends in my three accounts
- RRSP = $349.48
- TFSA = $170.35
- LIRA = $26.55
|Algonquin Power & Utilities||$44.67||$52.52|
|BMO US Dividend ETF||$29.50||$32.09|
|BMO International ETF||$0.00||$22.23|
|Realty Income Corp||$0.00||$13.43|
|North West Company||$0.32||$0.32|
|Pizza Pizza Royalty Corp||$16.76|
|ZCL Composites Inc||$15.24||$30.65|
|Keg Royalties Income Fund||$15.24||$28.10|
|Boston Pizza Royalties Fund||$12.31||$12.31|
|Canadian Apartment Properties Reit||$0.00||$9.20|
Some more nice growth from this account. The growth comes from new investments. The Keg Royalties Income Fund was one of my purchases in October I was able to buy it before the ex dividend date so it helped grow my income this month.
|Enbridge Income Fund Holdings||$26.55|
In October I was able to drip 19 shares. Here is what I received:
|# of Shares|
|Algonquin Power & Utilities||4|
|BMO US Dividend ETF||1|
|Keg Royalties Income Fund||1|
Below is a chart that will some what these new shares will provide me in future income.
So far this year since I started dripping my shares my forward dividends have increased by $131.32.
2016 to 2018 Dividends
This year has been very successful so far, as you can see every month in 2018 I have been able to increase my dividend total in each month.
2018 Dividend Goal
I’m inching closer guys towards my goal. I’m just $1,133.69 away from reaching my $6,000 dividend goal for the year.
- Bought 21 shares of Canadian Utilities
- Bought 63 shares of Power Corp of Canada
- Bought 41 shares of TransCanada
- Bought 27 shares of ScotiaBank
- Bought 131 shares of The Keg Royalties Income Fund
- Fortis increased their dividend to $0.45 from $0.425
- Artis Reit cut their dividend in half to $0.54 annually from $1.08
Well folks that is going to do it for my October income post. I hope you enjoyed reading it. Did you receive lots of dividends in October? Please feel free to let me know in the comment section.
Thanks for reading.