November 2019 Dividend Income

multiple-streams-of-income

Hello and welcome everyone to my November dividend income post. I will be sharing with you all of the dividends I received in my three investment accounts, any trades I made and to let you know if my portfolio received any dividend increases. FMAN (February, May, August and November) are slow months for me, November was no exception I did eek out a gain over 2018’s total so that is positive. I had 12 stocks and 1 ETF pay me for a grand dividend total of $460.48. The income breakdown per account is as follows:

  • RRSP $297.59
  • TFSA $159.31
  • LIRA $3.58

I had three US stocks pay me so here is the currency that 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 $103.06
  • CDN $357.42

RRSP

2018 2019
Royal Bank of Canada $75.46 $100.80
Bank of Montreal $68.16 $93.73
AbbVie $71.69
Texas Instruments $20.70
Realty Income $13.66 $10.67
BMO International Dividend ETF $22.23
BMO US Dividend ETF $32.16
Total $211.67 $297.59

My US additions to the portfolio really helped me here. A really quiet month for this account with only five stocks paying their dividends in the month. In the future I would like to continue reinvesting money in these five as I believe they all have bright futures.

TFSA

2018 2019
BMO International Dividend ETF $38.79
Inter Pipeline $33.46 $34.91
The Keg Royalties Income Fund $28.19 $28.76
Plaza Retail Reit $24.33 $24.96
Chorus Aviation $17.96 $18.40
Canadian Apartment Properties Reit $9.20 $9.55
European Residential Reit $3.94
Artis Reit $14.76
Boston Pizza Royalties Fund $12.31
Laurentian Bank $60.16
Total $200.37 $159.31

A normal months worth of activity here with all my monthly stocks paying me. The reason for the big income drop was because of my decision in August to sell my Laurentian Bank shares and put the money into BNS. Other than that all of my stocks paid me more due to the dividend re-investment plan I have set up on all of my stocks.

LIRA

2018 2019
Diversified Royalty Corp $3.58
Enbridge Income Fund $26.55
Total $26.55 $3.58

DRIP

# 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
Diversified Royalty Corp 1 $0.22
Total 10 $5.42

I was only able to add 10 new shares to the portfolio this month all from my monthly dividend payers.

Forward Income From DRIP Shares

If the pattern holds true in December I should be back up over $20 but with share prices rising you never know 🙂

2016 to 2019 Dividends

2016 to 2019 Dividends

The green line is above the yellow that’s the end goal. As mentioned above I was able to eek out a small gain over last year ($21).

Dividend Goal 2019

2019 Dividend Goal

Well folks as of November 30th my dividend income stands at $6,753.78 which is quite remarkable. As you can see the needle on the gauge chart is in the green representing the fact that I am above last year’s total. I have a goal of wanting to receive $8,000 this year which means I am currently  $1,246.22 short. I am predicting I should receive between $700 to $750 in December.

Stock Buys

November was all quiet on this front as well. At the moment I have turned my attention on slowly building up my capital. In 2020 my main target for acquisitions will be in my TFSA account as I have a large contribution room.

Dividend Increases

I received three increases in the month from:

  • AbbVie a 10.3% increase which will take effect with the February 2020 payment.
  • Telus increases their dividend by 3.6%. With this announcement Telus continues their semi-annual dividend increases.
  • Diversified Royalty Corp increased their dividend to $0.23 (annual) up from $22.25 cents.

Thanks for reading everyone I greatly appreciate you stopping by. Please feel free in the comments below to tell me how you did in November.

Thanks

Matthew

 

October 2019 Divided Income

cropped-c-money-wordpress.jpg

 

Hey everyone how are you? I hope you all had a fantastic month of October and collected lots of dividends from your investments. Today I am going to look back and share with you my October. Last month was pretty darn good one. On the 15th my 2019 dividend income surpassed my 2018 income two and a half months early. I’m excited to see where I end up by the end of the year.

For October I received payments from 18 stocks and 1 ETF, from these I received a total of $669.14 a new October high for me. I have three investment accounts and the income breakdown is as follows:

  • RRSP $386.45
  • TFSA $279.13
  • LIRA $3.56

I had three US stocks pay me so here is the currency that 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 $107.03
  • CDN $562.11

RRSP

2018 2019
BCE $103.44 $110.95
TC Energy $71.76 $109.50
Telus $53.55 $58.50
Altria Group $51.24
Algonquin Power & Utilities $52.52 $45.12
Realty Income Corp $13.43 $10.67
North West Company $0.32 $0.33
Leon’s Furniture $0.14 $0.14
BMO International Dividend ETF $22.23
BMO US Dividend ETF $32.09
Total $349.48 $386.45

New investments in Altria and TC Energy helped me offset the loss of the two ETFs. Another key to my growth this month was dividend increases from BCE, Telus, and TC Energy.

TFSA

2018 2019
Bank of Nova Scotia $93.60
BMO International ETF $38.79
Inter Pipeline $33.32 $34.77
The Keg Royalties Income Fund $28.10 $28.66
Plaza Retail REIT $24.22 $24.85
Transcontinental $24.20
Chorus Aviation $17.88 $18.32
Canadian Apartment Properties REIT $9.20 $9.55
European Residential REIT $3.94
Andrew Peller Ltd $2.42
Artis REIT $14.67
Boston Pizza Royalties Fund $12.31
ZCL Composites Inc $30.65
Total $170.35 $279.13

New investments are the key to the growth here, as you can see I received payments from five stocks that I didn’t have last October.

LIRA

2018 2019
Diversified Royalty Corp $3.56
Enbridge Income Fund $26.55
Total $26.55 $3.56

All quiet here, not too much going on with this account.

DRIP

October turned out to be another great month for me, I was able to drip a large amount of new shares that will help fuel my dividend growth.

# Of Shares Forward Income
Plaza Retail REIT 5 $1.40
Algonquin Power & Utilities 3 $1.69
Chorus Aviation 2 $0.96
Telus 1 $2.25
Altria Group 1 $3.36
Inter Pipeline 1 $1.71
BCE 1 $3.17
Transcontinental 1 $0.88
Bank of Nova Scotia 1 $3.60
TC Energy 1 $3.00
The Keg Royalties Income Fund 1 $1.13
Diversified Royalty Corp 1 $0.22
Total 19 $23.37

Forward Income From DRIP

I bet last month’s total lol. I can see a trend I will be having one slow month followed by two great months. After a couple of years I’m looking forward to seeing what this chart will show. Do you guys drip your shares or take cash?

2016 To 2019 Dividends

2016 to 2019 Dividends

Dividend Goal 2019

2019 Dividend Goal

As mentioned above on October 15th my 2019 income surpassed my entire 2018 total. My goal for this year was $8,000 and over the next two months I’m predicting I will receive between $1,100 – $1,300 so I will fall just a little short but that’s ok. I believe this year has been very successful.

Stock Buys

I made two buys in the month, they were both stocks I already owned and wanted to add to my position.

  • Suncor 28 shares
  • Texas Instruments 13 shares

Dividend Increases

None that I am aware of this month.

Well everyone that does it for my monthly wrap up. I hope you all had a great month. Please feel free to let me know how you did in the comments below.

Matthew

 

September 2019 Dividend Income

Sept Dividend

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

 

August 2019 Dividend Income

August Dividend Post

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

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. 🙂

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

 

July 2019 Dividend Income

dividends_cubes July 2019

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

RRSP

2018 2019
BCE $102.68 $110.95
TC Energy (TransCanada) $71.07 $109.50
Telus $53.03 $58.50
Altria Group $48.80
Algonquin Power & Utilities $52.37 $45.12
Inter Pipeline $36.85
Realty Income Corp $13.54 $10.65
North West Co. $0.32 $0.33
Leon’s Furniture $0.12 $0.14
BMO US Dividend ETF $31.95
Pizza Pizza Royalty Corp $17.11
Total $342.19 $420.84

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.

TFSA

2018 2019
Bank of Nova Scotia $39.15
BMO International Dividend ETF $38.79
Inter Pipeline $32.90 $34.84
The Keg Royalties Income Fund $15.70 $28.38
Plaza Retail REIT $23.84 $24.61
Chorus Aviation $17.64 $18.16
European Residential REIT $12.28
Canadian Apartment Properties REIT $9.20 $9.55
Andrew Peller Ltd $2.42
Artis REIT $14.40
Boston Pizza Royalties Fund $12.31
Corus Entertainment $18.53
ZCL Composites Inc $30.65
Total $175.17 $208.18

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).

LIRA

2018 2019
Diversified Royalty Corp $3.52
Enbridge Income Fund $26.55
Total $26.55 $3.52

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.

DRIP

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.

Stock Purchases

  • 110 shares of Transcontinental
  • 70 shares of Diversified Royalty Corp
  • 20 shares of Bank of Montreal
  • 19 shares of Royal Bank of Canada

 

Stock Sell

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

Matthew

 

June 2019 Dividend Income

Hello and welcome everyone to my June income post. Also today is Canada Day so I would like to wish my fellow Canadians a happy and safe holiday.

Canada Day

June was a busy month for me in terms of dividends received. I had a great month, it was the best month I had in which no special distributions were paid out by any of my investments. I received payments from 17 stocks and 1 ETF. My income collect from these stocks came in at $718.53.

June money gif

The income breakdown per account is as follows:

  • RRSP $412.07
  • TFSA $227.49
  • LIRA $78.97

In June most of my US stocks paid me so my US income was higher this month here is the currency breakdown for June.

  • USD $75.60
  • CDN $642.93

To keep things nice and easy I pretend the US money is Canadian that way I don’t have to convert it.

RRSP

2018 2019
Enbridge $98.64 $112.91
Power Corp $44.31 $93.56
Fortis $85.43 $93.15
Inter Pipeline $36.85
Lockheed Martin $17.60
Home Depot $16.32
Johnson & Johnson $18.59 $15.20
Bank of America $5.70 $10.80
Realty Income $13.44 $10.62
Microsoft $5.97 $5.06
Canadian Utilities $61.35
US Dividend ETF $31.88
Pizza Pizza Royalty Corp $17.04
Total $382.35 $412.07

New investments as well as dividend increases paved the way for growth in my RRSP. I did eliminate three positions, well really only two as Canadian Utilities is now in my TFSA account. You may notice that my US stocks paid me more last year well that was when my brokerage was converting the income for me. As mentioned above I now keep the US income in US dollars.

TFSA

2018 2019
Canadian Utilities $65.10
BMO International Dividend ETF $38.79
Inter Pipeline $32.76 $34.84
Keg Royalties Income Fund $15.70 $28.38
Plaza REIT $23.73 $24.61
Chorus Aviation $17.56 $18.16
Canadian Apartment Properties REIT $9.20 $9.55
Canadian National Railway $6.83 $8.06
Artis REIT $14.31
Boston Pizza Royalties Fund $12.31
Corus Entertainment $18.24
ZCL Composites Inc $90.80
Total $241.44 $227.49

My income decreased slightly here only because ZCL Composites Inc was bought and taken private earlier this year, so I no longer receive that special distribution.

LIRA

2018 2019
Enbridge $76.75
Diversified Royalty Corp $2.22
Enbridge Income Fund $26.55
Total $26.55 $78.97

Not too much happening in this account 🙂

2016 To 2019 Dividends

Dividend Goal 2019

With the start of the second half of the year beginning today I look back at the first half and realize that I am pretty close to being on track to achieve my goal of receiving $8,000 in dividends this year. At the end of May I must admit I was having some doubts but now after looking at the gauge above I believe I can do it. I will just need to make some more purchases.

Stock Buy

  • Bought 7 shares of AbbVie

I bought 7 shares last week when the news broke that AbbVie was going to buy Allegren for $63 billion and the stock dropped 16%. This purchase added $29 to my forward dividend income.

Dividend Increases

  • Realty Income
  • Andrew Peller Ltd
  • Bank of America

These three increases I received will boost my forward dividend income by a further $9. After the increases and one purchase I made in June my forward dividend income now stands at $7,439.

Well folks that is a wrap on my June income post. I hope all of you had a great month as well. Please feel free to let me know how you did in the comment section.

Take Care!

Thanks

Matthew

 

May 2019 Dividend Income

May income

Hello and welcome to my dividend income post for May. In this post I will show you everything that happened in my portfolio. I will share all of the income I received from the 14 stocks and 1 ETF that paid me. Also all of the dividend increases (5) that I received and finally all of the trades I made (5).

In May I was paid a total of $482.69 from 14 stocks and 1 ETF in all three of my investment accounts. The account breakdown is as follows:

  • RRSP $261.21
  • TFSA $219.26
  • LIRA $2.22

Two of the stocks that paid me were US based and so I received some US money. Here is the breakdown of the currency that was received:

  • Canadian $407.87
  • US              $74.82

To keep things nice and easy I pretend the US money is Canadian that way I don’t have to convert it.

RRSP

2018 2019
Royal Bank of Canada $72.38 $78.54
Bank of Montreal $66.03 $71.00
AbbVie $64.20
Inter Pipeline $36.85
Realty Income $13.14 $10.62
BMO US Dividend ETF $31.81
Pizza Pizza Royalty Corp $16.97
Total $200.33 $261.21

A quiet month for my RRSP account as not too many stocks pay me. My income did see a nice increase from my purchases of AbbVie and Inter Pipeline last December.

TFSA

2018 2019
Laurentian Bank $61.75
Inter Pipeline $32.62 $34.84
Keg Royalties Income Fund $15.70 $28.38
Plaza REIT $23.61 $24.61
BMO International Dividend ETF $22.23
Chorus Aviation $17.48 $18.16
Boston Pizza Royalties Fund $12.31 $12.31
Canadian Apartment Properties REIT $8.85 $9.55
Artis REIT $14.22 $7.43
Corus Entertainment $18.05
Total $142.84 $219.26

A fairly busy month for my TFSA since most of the stocks are monthly dividend payers. The big reason for the income boost is from Laurentian Bank which I bought last fall.

LIRA

2018 2019
Diversified Royalty Corp $2.22
Enbridge Income Fund $26.55
Total $26.55 $2.22

2016 To 2019 Dividends

Dividend Goal For 2019

As you can see I was able to cross the $3,000 mark in May. I am off track of reaching my goal of $8,000 but I am happy at my progress this year.

Stock Buys/Sells

Buys

I made the following buys in May.

  • Bank of Nova Scotia 18 shares
  • Power Corp 48 shares
  • BMO International Dividend ETF 184 shares

Sells

I sold two stocks this month.

  • Artis REIT
  • Boston Pizza Royalties Fund

 

Dividend Increases

May was a good month for my portfolio in terms of dividend increases. I received five raises, here they are.

  • Telus increases the dividend to $0.5625 up from $0.5450
  • Power Corp increases to $0.4050 up from $$0.3820
  • Algonquin Power & Utilities increases to $0.1410
  • Bank of Montreal increases to $1.03 up from $1.00
  • Laurentian Bank increases to $0.66 up from $0.65

 

Well folks that is all of my news for the month of May. I hope you all had a great month! Please feel free to share how you did in May in the comment section.

Thanks

Matthew

April 2019 Dividend Income

April Income Post Pic

Hello everyone and welcome to dividend income post where I will share with you what I received in April. I hope you all had a fantastic month. I feel like I say this a lot but April was another record month for me in terms of income. I made one purchase in the month and that helped my income as that stock paid a special distribution. On the buying front I have been pretty quiet so far this year, I’m trying to build up some cash. What are you guys doing are you keeping cash on hand or finding some good buys?

Well let’s get to the numbers shall we. I received $760.47 for the month of April, this is the first time that I crossed into the seven hundred dollar mark. I received 22 paychecks spread over three accounts and the breakdown is as follows:

  • RRSP – $420.14
  • TFSA – $338.31
  • LIRA – $2.22

The money came in two currencies as I do own US stocks. However to keep things simple I use one currency (Canadian) for these posts. The currency breakdown for April is:

  • USD – $100.44
  • CDN – $600.23

Registered Retirement Savings Plan (RRSP)

2018 2019
BCE $101.93 $110.95
TransCanada $70.38 $109.50
Telus $50.50 $56.68
Altria Group $48.80
Algonquin Power & Utilities $45.08 $41.02
Inter Pipeline $36.85
Realty Income Corp $12.92 $10.62
Alimentation Couche-Tard $3.78 $5.25
North West Company $0.32 $0.33
Leon’s Furntiture $0.12 $0.14
BMO US Dividend ETF $31.74
Pizza Pizza Royalty Corp $16.90
Total $333.67 $420.14

The increase with this account is mostly due to new investments that were made last year. Although dividend increases from BCE, TransCanada and Telus helped nicely as well.

Tax Free Savings Account (TFSA)

2018 2019
European Residential REIT $155.00
Inter Pipeline $32.48 $34.49
Keg Royalties Income Fund $15.70 $28.38
Plaza REIT $23.49 $24.61
Bank of Nova Scotia $23.49
BMO International Dividend ETF $22.23
Chorus Aviation $17.40 $18.16
Boston Pizza Royalties $12.31 $12.31
Canadian Apartment Properties REIT $8.85 $9.55
Artis REIT $14.13 $7.43
Andrew Peller Ltd $2.31
Corus Entertainment $17.86
ZCL Composites Inc $30.65
Total $172.87 $338.31

Huge increase here and that is thanks to European Residential REIT that is the stock I bought at the beginning of April. I made the purchase just before the ex dividend date so I could receive the special distribution.

Locked In Retirement Account (LIRA)

2018 2019
Diversified Royalty Corp $2.22
Enbridge Income Fund $26.55
Total $26.55 $2.22

Not a lot happening with this account it currently only has two stocks and one pays monthly.

2016 To 2019 Dividends

Dividend Goal For 2019

For 2019 I have set a goal of wanting to receive $8,000 in dividends. It is an ambitious goal which I will do my best to achieve. Even though I am slightly behind in where I need to be I am extremely happy about my results so far this year. At the end of April my dividends have increased $734.96 this year compared to last year.

Stock Buys

I purchased one stock in April and that was European Residential REIT. I bought 310 shares.

Dividend Increases

Last month I mentioned that I only received one increase well it turns out that I missed an increase from Realty Income Corp so I really had two in March. For April I received one increase.

  • Johnson & Johnson increased their dividend to $3.80 per share up from $3.60

 

Well folks that is a wrap for my April income post. How did you do in April? Thank you for reading I appreciate it.

Matthew

 

March 2019 Dividend Income

Canadian Currency, 100.00,  50.00,  20.00, 10.00, 5.00, dollar bills.

Hello everyone and welcome to my March income post. I hope everyone had a great month and received lots of dividends. The months of March, June, September and December are my busiest months for dividend payments from my stocks, so I’m always happy once those months end to go back and review what I received and to see if I set a new record. I am happy to report that I did indeed set a new dividend income record for a single month.

I received payments from 19 stocks and 1 ETF and my dividend received was $696.89 oh so close to the $700 figure. I received the money in all three of my accounts and the breakdown is as follows:

  • RRSP – $387.60
  • TFSA – $230.32
  • LIRA – $78.97

The money came in two currencies as I do own US stocks. However to keep things simple I use one currency (Canadian) for these posts. The currency breakdown for March is:

  • US    –    $74.78
  • CDN –    $622.11

Registered Retirement Savings Plan (RRSP)

2018 2019
Enbridge $97.30 $112.91
Fortis $68.43 $93.15
Power Corp $41.23 $69.91
Inter Pipeline $36.85
Lockheed Martin $17.60
Home Depot $16.32
Johnson & Johnson $17.16 $14.40
Bank of America $5.54 $10.80
Realty Income $13.25 $10.60
Microsoft $5.93 $5.06
BMO US Dividend ETF $29.50
Canadian Utilities $60.96
Pizza Pizza Royalty Corp 16.83
Total $356.13 $387.60

My income increased thanks to new investments in Enbridge, Fortis, Power Corp and Inter Pipeline. Also I received my first payments from Home Depot and Lockheed Martin. You might have noticed that some of my US stocks paid me less than last year. Last year’s numbers where converted into Canadian dollars, this year I received them in US currency and reporting the income as Canadian.

Tax Free Savings Account (TFSA)

2018 2019
Canadian Utilities $65.10
Inter Pipeline $32.34 $34.84
Keg Royalties Income Fund $15.70 $28.38
Plaza REIT $11.70 $24.61
BMO International Dividend ETF $22.23
Chorus Aviation $17.32 $18.16
Boston Pizza Royalties Fund $12.31 $12.31
Canadian Apartment Properties REIT $8.85 $9.20
Canadian National Railway $6.83 $8.06
Artis REIT $14.04 $7.43
Corus Entertainment $17.67
Total $136.76 $230.32

The reason for the big jump in income is from my decision to move Canadian Utilities and the BMO International Dividend ETF into my TFSA account from my RRSP. New investments in Plaza REIT and the Keg Royalties Income Fund also helped.

LIRA

2018 2019
Enbridge $76.75
Diversified Royalty Corp $2.22
Enbridge Income Fund $26.55
Total $26.55 $78.97

Currently have two stocks in this account. Last year Enbridge bought Enbridge Income Fund and brought in back into the main company and that is why I currently hold Enbridge in this account as well as my RRSP. I am still undecided if I should sell Enbridge in this account and buy other stocks, the juicy dividend is making the decision hard for me.

2016 to 2019 Dividends

So far I have been able to keep the dividends growing every month, fingers crossed I can achieve this. 2019 is off to a great start for me!

Dividend Goal For 2019

For 2019 I have set a goal of wanting to receive at least $8,000 in dividend income. In order to achieve this I need to receive $2,000 every quarter. After the first quarter as you can see I am slightly behind on my goal. Ever though I am behind I’m still extremely happy with my performance this year, from this time last year my dividends have increased by $507.38.

Stock Buys/Sells

In this area March was very quiet for me I did not buy or sell any of my stocks. I chose to be quiet on this front so I can build up some cash in my accounts. I currently have $1,400 in my TFSA and I’m looking at one stock.

Stock Of Interest

As mentioned above I am interested in one stock. The stock is:

European Commercial Real Estate Investment Trust (ERE.UN)

Why do I like it? Well I currently have North America covered when it comes to real estate and this REIT only focuses on the European market so it would help my real estate diversification. Also it was announced that the company had completed the purchase of 41 properties in the Netherlands from Canadian Apartment Properties REIT (CAR.UN). I am a fan of CAR.UN and own shares of them, they will own part of ERE.UN as well so with them still involved I believe the future is bright.

Dividend Increase

I received one increase in March and that came from Alimentation Couche-Tard which increased their dividend by 25%.

 

Well folks how was your March? I hope you received lots of dividends! Please feel free to let me know how you did in the comment section below.

Thanks for Reading

Matthew

February 2019 Dividend Income

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Hello everyone and welcome to my February dividend income post. We all know that February is best known for Valentine’s Day but I think investors should declare it the month of dividend raises. Everyday it seemed I was hearing a company raise their dividend also it seems every blogger or investor received at least 4 to 6 of these raises (I received 6).

In February I received $455.70 from 13 stocks and 1 ETF. February is one of my weaker months, but is it really weak when you receive over $400? Since January I keep my US dividends in US currency, and to keep things simple I am not converting the US currency I keep it all the same. Here is the breakdown currency wise for February.

  • US     $51.26
  • CDN $404.44

My portfolio consists of three accounts and here is what I received in each for the last month.

  • RRSP $256.80
  • TFSA $196.68
  • LIRA $2.22

RRSP

2018 2019
Royal Bank of Canada $70.07 $75.46
Bank of Montreal $66.03 $71.00
AbbVie $40.66
Inter Pipeline $36.85
BMO International Dividend ETF $22.23
Realty Income Corp $6.00 $10.60
BMO US Dividend ETF $29.50
Pizza Pizza Royalty Corp $16.76
Potash Corp $5.65
Total $194.01 $256.80

A couple of new investments (AbbVie & Inter Pipeline) late in 2018 contributed to the growth for this account. Also the dividend increases from the banks had a nice effect as well.

TFSA

2018 2019
Laurentian Bank $61.75
Inter Pipeline $18.52 $34.84
Keg Royalties Income Fund $15.70 $28.38
Plaza REIT $11.65 $24.61
Chorus Aviation $17.28 $18.16
Boston Pizza Royalties Fund $12.31 $12.31
Canadian Apartment Properties REIT $8.85 $9.20
Artis REIT $13.95 $7.43
Corus Entertainment $17.48
Total $115.74 $196.68

My purchase in October of Laurentian Bank is the big reason for the jump in income here.

LIRA

Diversified Royalty Corp $2.22

I currently own 2 stocks in this account and Diversified Royalty Corp is the only monthly paying stock.

2016 to 2019 Dividends

Everything continues to trend in the right direction in terms of dividend income flowing into the portfolio.

Dividend Goal For 2019

For this year I have set an ambitious goal of wanting to receive at least $8,000 in dividends. At the moment my forward dividend income is projected to reach $7,128 so I have some work to do.

Stock Purchases

I made three purchases in February all of them small. Two of the buys were to open new positions for me, and the other was to add to an existing positon.

  • Andrew Peller Ltd (for my TFSA) 45 shares
  • AbbVie (RRSP) 22 shares
  • Lockheed Martin (RRSP) 8 shares

 

Dividend Increases

I received six raises in February.

  • BCE raises to $0.7925 up from $0.755
  • TransCanada raises to $0.75 up from $0.69
  • RBC raises to $1.02 up from $0.98
  • ScotiaBank raises to $0.87 up from $0.85
  • Home Depot raises to $1.36 up from $1.03
  • Canadian Apartment Properties REIT raises to $0.1105 up from $0.1108

 

Well folks that will do it for my dividend post. I hope all of you had a great month and collected lots of dividends. Thank you for reading this I appreciate it.

Matthew