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
Nicely done Matt. Very close to the $500 mark. I love the green candlesticks are getting longer and longer. Nice YoY growth!
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Thanks Bob! So close to that $500 mark pretty good for being one of my low paying months. Thanks for reading the post!
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Good job. nice numbers and looks like those dividend increases will help also.
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Thanks! Those raises will definitely help my dividend growth.
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Excellent month Matthew! Great job. I’m excited to see your chart continue to show growth and progress. Keep up the excellent work my friend. Also – this baseball season is proving to be a dud here and north of the border. Hopefully the Indians have not missed their window! But I’m sure all of that is forgotten now that the Raptors won the championship!
Bert
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Thanks Bert! We have a baseball team in Toronto? Lol Go Raps Go
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Nice month. Happy to see the new position in ABBV pay off for you pretty well this year. Lots of activity for May. Keep making those buys.
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Thanks
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[…] All About the Dividends – $482.69 – Matthew added in an umbrella to his image and I must say, it makes a lot of sense given the fact it rained every day in May! At least it did in Ohio. Besides the weather, it is also raining dividends for Matthew! […]
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The dividend from Laurentian banks is helping you out! Next month should be 600$+ in dividends.
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Excellent Matthew!! I’m not meeting my target for my dividend goal either for this year. Oh well, reach for the moon and you’ll land amongst the stars! I bought some POW too, though it has dipped again.
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[…] at sharing my posts on Twitter!! Thank you Matthew you are the best! Matthew shares his May 2019 dividend income which is just shy of $500. His annual goal for dividends is $8000, a pretty great […]
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