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 donβt have to convert it to Canadian.
- USD $82.34
- CDN $452.77
RRSP
2018 | 2019 | |
Royal Bank of Canada | $72.38 | $97.92 |
Bank of Montreal | $68.16 | $93.73 |
AbbVie | $71.69 | |
Inter Pipeline | $36.85 | |
Realty Income Corp | $13.45 | $10.65 |
Pizza Pizza Royalty Corp | $17.18 | |
BMO International Dividend ETF | $9.72 | |
Alimentaion Couche-Tard | $4.20 | |
BMO US Dividend ETF | $32.02 | |
Total | $217.11 | $310.84 |
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.
TFSA
2018 | 2019 | |
Laurentian Bank | $62.70 | |
BMO International Dividend ETF | $38.79 | |
Inter Pipeline | $33.04 | $34.49 |
The Keg Royalties Income Fund | $15.70 | $28.47 |
Plaza Retail Reit | $23.96 | $24.61 |
Chorus Aviation | $17.72 | $18.16 |
Canadian Apartment Properties Reit | $9.20 | $9.55 |
European Residential Reit | $4.01 | |
Artis Reit | $14.49 | |
Boston Pizza Royalties Fund | $12.31 | |
Corus Entertainment | $18.91 | |
Total | $145.33 | $220.78 |
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.
LIRA
2018 | 2019 | |
Diversified Royalty Corp | $3.52 | |
Enbridge Income Fund | $26.55 | |
Total | $26.55 | $3.52 |
Nothing going on with this account I still just have the two stocks in it.
DRIP
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 |
Chorus Aviation | 2 | $0.96 |
Inter Pipeline | 1 | $1.71 |
The Keg Royalties Income Fund | 1 | $1.13 |
Total | 9 | $5.20 |
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. π
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.
Stock Purchases
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
Stock Sells
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
Dividend Raises
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
Matthew
That seems like a very busy month. Hopefully next month will be even better. Well done.
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Thanks I’m expecting Sept to be quiet with no trades. But you never know π
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Congrats on being close to $5000 total dividends for 2019. Keep it going !
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Thank you?
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Looks like a great month Matthew! Over $500 in dividends which looks like roughly $150 higher than 2018. We had a good month but nothing too exciting as far as dividends coming in. It was a busy month of purchases though and our forward dividends for the FI Portfolio are nearing in on $7,500 which I’m pretty excited about.
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great month. you rocked it with over $500.00 dollars. Nice work.Lauretion bank from nothing to $60.00 that really helped.
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Thanks π
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[…] everyone hope all is well with everyone. I’ve been a little quiet since myΒ August 2019 Dividend IncomeΒ post, so today I thought I would just update you on what I have been […]
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[…] All About Dividends – $535.14 – Killing it!Β Who needs to be in the $400’s when you can be in the $500’s… just as YOU did!Β You love those Canadian Banks and I am RIGHT there with you, with Canadian Imperial (CM).Β In addition, I love pizza and really need to take a look at… Pizza, Pizza (PZA)… hmmm.. feeding myself with dividends baby! […]
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