Hey everyone and welcome to my July dividend income post. In this post I will look back and share with you everything I did in terms of investing. July turned out to be a busy month I made four purchases and sold one stock. I received payments from 16 stocks and 1 ETF my income for July was $632.54.
The income breakdown per account is as follows:
- RRSP $420.84
- TFSA $208.18
- LIRA $3.52
I had three US stocks pay me so here is the currency in which I received the dividends in. Just as a reminder to keep things simple I report the US currency as Canadian that way I don’t have to convert it to Canadian.
- USD $104.57
- CDN $527.97
|TC Energy (TransCanada)||$71.07||$109.50|
|Algonquin Power & Utilities||$52.37||$45.12|
|Realty Income Corp||$13.54||$10.65|
|North West Co.||$0.32||$0.33|
|BMO US Dividend ETF||$31.95|
|Pizza Pizza Royalty Corp||$17.11|
Not too much going on with this account a couple of new investments in TC Energy and Altria Group helped boost the income, plus dividend increases from BCE and Telus.
|Bank of Nova Scotia||$39.15|
|BMO International Dividend ETF||$38.79|
|The Keg Royalties Income Fund||$15.70||$28.38|
|Plaza Retail REIT||$23.84||$24.61|
|European Residential REIT||$12.28|
|Canadian Apartment Properties REIT||$9.20||$9.55|
|Andrew Peller Ltd||$2.42|
|Boston Pizza Royalties Fund||$12.31|
|ZCL Composites Inc||$30.65|
There was a lot of turnover in my TFSA new investments from Bank of Nova Scotia and European Residential REIT helped propel my income over $200. At the bottom you can see four stocks that are no longer in my portfolio as I sold them or lost them when they went private (ZCL Composites Inc).
|Diversified Royalty Corp||$3.52|
|Enbridge Income Fund||$26.55|
A tiny boost to my income from Diversified Royalty Corp this month as it was one of the stocks I purchased at the beginning of the month before the ex dividend date.
At the beginning of the month I had the broker turn on the DRIP (Dividend Re-investment Plan) for the stocks in my TFSA account. At the end of the month I decided to do this for all of my accounts. By the time the DRIP took effect I was able to DRIP from one stock.
- The Keg Royalties Income Fund 1 share
This additional share adds $1.13 to my forward dividend income.
2016 To 2019 Dividends
2019 Dividend Goal
I crossed over the $4,000 mark in July so now I’m passed the halfway mark to reaching my goal of $8,000 in dividends this year.
- 110 shares of Transcontinental
- 70 shares of Diversified Royalty Corp
- 20 shares of Bank of Montreal
- 19 shares of Royal Bank of Canada
I decided to take my 39% profit from Alimentation Couche-Tard and sell. I reinvested the profits into Bank of Montreal and Royal Bank of Canada.
Well fellow investors that is a wrap for my July. How was your month? Please feel free to comment in the comment section below.
Thanks for reading