November 2021 Dividend Income

Hello and welcome to my November dividend income post. Hope all of you had a great month. November was awesome for me, I saw a record amount of dividend income for the month of November and I received six dividend increases. I received $502.79 in income from 11 stocks and 1 ETF. This beats my previous November high of $499.99 which occurred last year. Here is the breakdown of income per account:

  • RRSP $256.49
  • TFSA $246.30

If you’re new to the site my RRSP is all in US dollars and all of my Canadian stocks sit in my TFSA and LIRA. When sharing with you the income I receive I don’t convert the US dividend income into Canadian for simplicity.

Registered Retirement Savings Plan (RRSP)

20202021
AbbVie$92.04$101.40
Verizon$51.20
General Dynamics$47.60
Texas Instruments$34.68$44.85
Apple$11.44
Bank of Montreal$98.58
Royal Bank of Canada$105.84
Total$331.14$256.49

Tax Free Savings Account (TFSA)

20202021
Bank of Montreal$56.18$67.30
Royal Bank of Canada$43.20$54.81
Power Corp$53.70
The Keg Royalties Income Fund$15.35$29.04
iShares S&P/TSX Capped Reit Index ETF$41.76$25.50
Emera$11.93
Metro$4.02
Inter Pipeline$12.36
Total$168.85$246.30

Received a big boost in income due to Power Corp moving their payment date to November, also my investments much earlier in the year had a big impact as well.

Dividend Reinvestment Plan (DRIP)

# of SharesForward Income
Power Corp1$1.79
Bank of Montreal0.4896$2.60
Royal Bank of Canada0.4126$1.98
Emera0.2010$0.56
Metro0.0615$0.06
Total$6.99

I was able to boost my forward income by $7 this month.

Month to Month Dividends

My first month over month increase in income since February.

Dividends Received Per Year

2021 Dividend Goal

I will be able to get the needle in the green section of the gauge at the end of the year which was a goal of mine.

Stock Sold

I sold all my shares of Greenlane Renewables. Nothing wrong with that company, I just decided to move the money into a dividend paying stock.

Stock Purchases

  • Manulife 16 shares (Greenlane money)
  • XAW ETF 11 shares
  • Enbridge 2 shares
  • Power Corp 1 share
  • Bank of Montreal 0.4896 of a share
  • Royal Bank of Canada 0.4126 of a share
  • Emera 0.2010 of a share
  • Metro 0.0615 of a share

Dividend Increases

  • Manulife 18% increases to $0.33 per share up from $0.28
  • Telus increases to $0.3274 per share up from $0.3162
  • Pinnacle West Capital 2.4% increase to $0.85 per share up from $0.83
  • Power Corp 10.6% increase to $0.4950 per share up from $0.4475
  • Alimentation Couche-Tard 25% increase to $0.11 per share up from $0.0875
  • Bank of Nova Scotia 11% increase to $1.00 per share up from $0.90

Thanks for reading!

Matthew

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8 thoughts on “November 2021 Dividend Income

  1. great stuff Matt

    Portfolio looks great and some nice additions last month. I dunno why mfc is still sitting at these prices after the raise and talks of multiple rate increases. should be good for them

    keep it up
    cheers

    Like

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