Hello and welcome everyone to my August dividend income post. I will share with you everything that happened in August with my investment accounts. I bet there are some very happy parents today as the kids go back to school this morning. This month I received dividend payments from 12 stocks and 1 ETF. My income for August was $535.14 I skipped the $400’s and went straight to the $500’s lol.
The income breakdown per account is as follows:
- RRSP $310.84
- TFSA $220.78
- LIRA $3.52
I had two 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 $82.34
- CDN $452.77
|Royal Bank of Canada||$72.38||$97.92|
|Bank of Montreal||$68.16||$93.73|
|Realty Income Corp||$13.45||$10.65|
|Pizza Pizza Royalty Corp||$17.18|
|BMO International Dividend ETF||$9.72|
|BMO US Dividend ETF||$32.02|
The banks led the way for me this month with those nice juicy dividends that they pay. I decided to sell my Inter Pipeline shares for this account so this is the last month I will receive dividend in my RRSP account.
|BMO International Dividend ETF||$38.79|
|The Keg Royalties Income Fund||$15.70||$28.47|
|Plaza Retail Reit||$23.96||$24.61|
|Canadian Apartment Properties Reit||$9.20||$9.55|
|European Residential Reit||$4.01|
|Boston Pizza Royalties Fund||$12.31|
Some nice growth here thanks to the payments from Laurentian Bank and the ETF. I have the drip up and running now on all stocks so we should see some modest growth this time next year.
|Diversified Royalty Corp||$3.52|
|Enbridge Income Fund||$26.55|
Nothing going on with this account I still just have the two stocks in it.
With my drip up and running now I was able to drip a few more shares and add some additional forward income to my portfolio.
|# of Shares||Forward Income|
|Plaza Retail Reit||5||$1.40|
|The Keg Royalties Income Fund||1||$1.13|
I thought I was going to be able to drip a share of Bank of Montreal but I guess I missed the ex dividend date. I can’t complain though I will take a $5.20 boost to my future income.
2016 to 2019 Dividends
The chart shows the upward trajectory of my dividend journey to date. Hopefully it will continue years into the future. 🙂
Dividend Goal For 2019
I’m just $3,097.55 away from my goal. I will need to receive $774.39 per month in order to reach my goal.
August was very busy for me in terms of stock purchases, here is what I bought.
- 21 shares of Suncor
- 20 shares of Walgreens Boots Alliance
- 10 shares of Microsoft
- 10 shares of Texas Instruments
- 10 shares of 3M (MMM)
- 59 shares of Bank of Nova Scotia
I sold a couple of stocks this month.
- 256 shares of Inter Pipeline (RRSP shares only, I still own shares in TFSA)
- 95 shares of Laurentian Bank
I received three raises from in the month.
- Royal Bank of Canada
- Altria Group
- Bank of Nova Scotia
Well folks there is my August recap for you. Please feel free to comment below. How did you guys do this month?
Thanks for reading