Happy New Year everybody! I hope that you all had a great holiday season, and are ready to hit the ground running here in 2019. I am pretty pumped to right this post as December was my best month ever for dividends received. It was raining dividends from the sky.
My previous high was back in June of 2018 when I received $650.27. That month I received a special dividend to help reach that number. You can never count on receiving special dividends all the time. In December I did not receive any special dividends, my income all came from regular distributions made by the stocks I own. Without further ado in December I received $689.67, wow almost $700 I can’t believe that.
I currently have three accounts in my portfolio and the income breakdown is as follows:
- RRSP $405.22
- TFSA $213.12
- LIRA $71.33
|BMO US Dividend ETF||$29.50||$32.23|
|BMO International Dividend ETF||$0.00||$22.23|
|Johnson & Johnson||$0.00||$19.21|
|Bank of America||$0.00||$14.64|
|Realty Income Corp||$0.00||$13.77|
|Pizza Pizza Royalty Corp||$16.76||$0.00|
I nice job for this account. In fact this the first time I have received over $400 from an account. New investments throughout the year is what drove the growth. The plan is to continue to invest additional funds in the new stocks to further propel growth.
|The Keg Royalties Income Fund||$15.70||$28.29|
|Boston Pizza Royalties Fund||$12.31||$12.31|
|Canadian Apartment Properties REIT||$4.27||$9.20|
|Canadian National Railway||$0.00||$6.83|
Wow I doubled my income here, this is where I would like to in the future see the majority of my dividends come from as this account is tax free as compared to my RRSP account. I moved Canadian Utilities from my RRSP account to this account and that is a lot of the growth, but also new investments contributed as well. Maybe I can double this amount next December, at least I will try anyway. 🙂
|Diversified Royalty Corp||$2.22|
Two new stocks for this account and is a big reason why my monthly income was so big. I received 103 shares of Enbridge when they merged with Enbridge Income Fund, due to the merger my income increased $42.46 in December.
In December I was able to drip 21 new shares. The highest that I have ever received!
|# of Shares|
|The Keg Royalties Income Fund||1|
Below is a chart showing the money I received from these new shares.
My income from all my dripped shares in 2018 is $163.48.
2016 to 2018 Dividends
As you can see 2018 was very successful I was able to grow my income every month. Hopefully I can continue this in 2019.
2018 Dividend Goal
Ok guys if you have been following me all year you know what my goal was. If this is the first post of mine that you are reading then let me tell you what my goal was. At the beginning of 2018 I set a goal of wanting to receive $6,000 in dividend income for the year. This year I tried to push myself as I received $4,312.17 in 2017 so I would be trying to boost my income by close to $1,700.
Ok enough delaying lol. My dividend total for 2018 was $5,994.57. I missed my goal by $5.43.
Oh man I was so close to that goal. Even though I didn’t achieve my goal I still look at 2018 as a huge success for me.
- Bought 61 shares of Altria Group
- Bought 38 shares of AbbVie
- Bought 12 shares of Home Depot
- Bought 255 shares of Inter Pipeline
- Bank of Montreal raised their dividend to $1.00 per share up from $0.96
- Laurentian Bank raised their dividend to $0.65 per share up from $0.64
- Enbridge raised their dividend to $0.738 per share up from $0.671
- Realty Income Corp raised their dividend to $0.2205 up from $0.2201
Well guys how was December for you? Did you receive lots of dividends? Please feel free to let me know how you did in the comment section.
Thanks for reading! Just to let you know on Thursday I will have a post up about my 2018 year in review.