May 2019 Dividend Income

Hello and welcome to my dividend income post for May. In this post I will show you everything that happened in my portfolio. I will share all of the income I received from the 14 stocks and 1 ETF that paid me. Also all of the dividend increases (5) that I received and finally all of the trades I made (5).

In May I was paid a total of $482.69 from 14 stocks and 1 ETF in all three of my investment accounts. The account breakdown is as follows:

• RRSP $261.21
• TFSA $219.26
• LIRA $2.22

Two of the stocks that paid me were US based and so I received some US money. Here is the breakdown of the currency that was received:

• Canadian $407.87
• US              $74.82

To keep things nice and easy I pretend the US money is Canadian that way I don’t have to convert it.

RRSP

	2018	2019
Royal Bank of Canada	$72.38	$78.54
Bank of Montreal	$66.03	$71.00
AbbVie		$64.20
Inter Pipeline		$36.85
Realty Income	$13.14	$10.62
BMO US Dividend ETF	$31.81
Pizza Pizza Royalty Corp	$16.97
Total	$200.33	$261.21

A quiet month for my RRSP account as not too many stocks pay me. My income did see a nice increase from my purchases of AbbVie and Inter Pipeline last December.

TFSA

	2018	2019
Laurentian Bank		$61.75
Inter Pipeline	$32.62	$34.84
Keg Royalties Income Fund	$15.70	$28.38
Plaza REIT	$23.61	$24.61
BMO International Dividend ETF		$22.23
Chorus Aviation	$17.48	$18.16
Boston Pizza Royalties Fund	$12.31	$12.31
Canadian Apartment Properties REIT	$8.85	$9.55
Artis REIT	$14.22	$7.43
Corus Entertainment	$18.05
Total	$142.84	$219.26

A fairly busy month for my TFSA since most of the stocks are monthly dividend payers. The big reason for the income boost is from Laurentian Bank which I bought last fall.

LIRA

	2018	2019
Diversified Royalty Corp		$2.22
Enbridge Income Fund	$26.55
Total	$26.55	$2.22

2016 To 2019 Dividends

Dividend Goal For 2019

As you can see I was able to cross the $3,000 mark in May. I am off track of reaching my goal of $8,000 but I am happy at my progress this year.

Stock Buys/Sells

Buys

I made the following buys in May.

• Bank of Nova Scotia 18 shares
• Power Corp 48 shares
• BMO International Dividend ETF 184 shares

Sells

I sold two stocks this month.

• Artis REIT
• Boston Pizza Royalties Fund

 

Dividend Increases

May was a good month for my portfolio in terms of dividend increases. I received five raises, here they are.

• Telus increases the dividend to $0.5625 up from $0.5450
• Power Corp increases to $0.4050 up from $$0.3820
• Algonquin Power & Utilities increases to $0.1410
• Bank of Montreal increases to $1.03 up from $1.00
• Laurentian Bank increases to $0.66 up from $0.65

 

Well folks that is all of my news for the month of May. I hope you all had a great month! Please feel free to share how you did in May in the comment section.

Thanks

Matthew

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