Hello and welcome to my November income report. Where has the year gone? I hope everyone had a great November and collected lots of dividends. For me February, May, August and November are my weaker dividend months. I can’t complain though my income continues to grow through dividend raises and new investments and I beat last November’s total.
In November I received $438.59 in my three investing accounts:
- RRSP $211.67
- TFSA $200.37
- LIRA $26.55
I almost received more in my TFSA account than my RRSP that would have been a first. Over time my goal is to increase my income in the TFSA because when I become old and need the money it won’t be taxed.
|The Keg Royalties||$15.70||$28.19|
|Boston Pizza Royalties Fund||$12.31||$12.31|
|Canadian Apartment Properties REIT||$9.20|
|Boardwalk Real Estate Investment Trust||$17.63||$0.00|
A big increase for this account as I had three stocks pay me for the first time in November. Also I made further investments in Inter Pipeline and The Keg Royalties and that helped push the total higher.
|Royal Bank of Canada||$70.07||$75.46|
|Bank of Montreal||$63.90||$68.16|
|BMO US Dividend ETF||$29.50||$32.16|
|BMO International Dividend ETF||$22.23|
|Realty Income Corp||$13.66|
|Pizza Pizza Royalty Corp||$17.67|
A smaller increase for this account which I will definitely take without complaint. Dividend raises and two new investments contributed to the higher total.
|Enbridge Income Fund Holdings||$26.55|
Just want to say that this will be the last payment from Enbridge Income Fund Holdings, in November they merged with Enbridge. In the merger I received 103 shares for my 141 Enbridge Income Fund shares. At the moment I am hanging onto the Enbridge shares but not sure if I should sell them and diversify away from Enbridge as they have such a large percentage of my portfolio.
In November I was able to drip 13 shares. Here is what I received.
|# of Shares|
|The Keg Royalties||1|
|BMO US Dividend ETF||1|
Below is a chart that shows the income I will receive from the new shares.
Since I started dripping my stocks my forward income has increased by $140.76. That’s pretty good in my books for really doing nothing.
2016 to 2018 Dividends
The streak continues as I continue to grow my income month over month.
2018 Dividend Goal
With only one month left in the year I am going to need a record month to reach my goal, as I need $695.10 to reach my goal.
Only made one purchase this month and that was in my Locked In Retirement Account (LIRA).
- Bought 120 shares of Diversified Royalty Corp.
I had a couple of raises in November.
- Telus raised their dividend to $0.545
- Inter Pipeline raises their dividend to $0.1425
I had one cut.
- Artis REIT cut their dividend by 50% to $0.54 annually.
Well guys how was November for you? Did you receive lots of dividends? Please feel free to let me know how you did in the comment section.
Thank you for reading