September 2019 Dividend Income

Hello and welcome everyone to my September dividend income post. In this post I will share with you everything that happened to my investing portfolio in September. September is a big month in terms of dividends received, I had 21 stocks and 1 ETF pay me. My September income from dividends was $721.71, if we ignore the special dividend I received in April than September was my highest month in terms of dividends received.

I have three investment accounts and the income breakdown per account is as follows.

• RRSP  $400.96
• TFSA  $240.46
• LIRA  $80.29

I had 8 US stocks pay me in Sept so here is the currency I received the dividends in. Just 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 $101.34
• CDN $620.37

RRSP

	2018	2019
Enbridge	$99.98	$112.91
Power Corp	$44.69	$93.56
Fortis	$86.28	$93.15
Lockheed Martin		$17.60
Home Depot		$16.32
Johnson & Johnson	$18.86	$15.20
3M Company		$14.40
Bank of America	$14.02	$12.96
Realty Income Corp	$13.37	$10.65
Walgreens Boots Alliance		$9.15
Microsoft	$5.98	$5.06
Alimentation Couche-Tard	$4.20
BMO International Dividend ETf	$9.72
BMO US Dividend ETF	$32.09
Canadian Utilities	$29.50
Pizza Pizza Royalty Corp	$17.25
Total	$375.94	$400.96

I received some big payments this month from Enbridge, Fortis and Power Corp. I also received my first dividend payments from Walgreens Boots Alliance and 3M Company which I purchased in August before the ex dividend date. Over time I am planning on adding to all of my US stocks listed above so hopefully that income will continue to rise.

TFSA

	2018	2019
Canadian Utilities	$32.25	$65.10
BMO International Dividend ETF		$38.79
Inter Pipeline	$33.18	$34.63
The Keg Royalties Income Fund	$15.70	$28.57
Plaza Retail Reit	$24.08	$24.73
Chorus Aviation	$17.80	$18.24
Canadian Apartment Properties	$9.20	$9.55
Suncor		$8.82
Canadian National Railway	$6.83	$8.06
European Residential Reit		$3.97
Artis REIT	$14.58
Boston Pizza Royalties Fund	$12.31
Total	$165.93	$240.46

Received some big growth in my TFSA mostly from new investments in Canadian Utilities, The Keg, Suncor, European Residential Reit and BMO International Dividend ETF. Now that I have the drip set up you should start to see the income from some of these stocks slowly creep up over time.

LIRA

	2018	2019
Enbridge		$76.75
Diversified Royalty Corp		$3.54
Enbridge Income Fund	$26.55
Total	$26.55	$80.29

Not too much going on with this account. The income is quite high due to the Enbridge payment.

DRIP

I had a great month with the dividend re-investment plan (DRIP), as I was able to purchase quite a few shares and increase my forward dividend income.

	# Of Shares	Forward Income
Plaza Retail REIT	5	$1.40
Enbridge	3	$8.85
Power Corp	3	$4.86
Chorus Aviation	2	$0.96
Canadian Utilities	1	$1.69
Fortis	1	$1.80
Inter Pipeline	1	$1.71
The Keg Royalties Income Fund	1	$1.13
Diversified Royalty Corp	1	$0.22
Total	18	$22.62

I hope you guys don’t mind charts lol, I decided to create a new one that displays the forward income that I will be receiving from all of the new shares that I receive through DRIP.

2016 To 2019 Dividends

Dividend Goal For 2019

I crossed the $5,000 mark in year-to-date dividends with September’s income. Around October 15th I should reach and surpass 2018’s dividend total which would mean I would have two and a half months of dividends received growth.

Stock Buys/Sells

This is probably the only area in which my portfolio was quiet. The only stocks I bought were the shares through the drip, and I did not sell any stocks.

Dividend Increases

I had a nice month in this area as I received five raises.

1. Texas Instruments
2. Microsoft
3. Fortis
4. Lockheed Martin
5. Realty Income Corp

 

Well that’s a wrap for my September income post, please feel free to leave a comment below I enjoy hearing from you. How was your September>

Thanks for reading

Matthew

 

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