Dividend Update – April 2022

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This month my portfolio earned $1529.52 in dividends.

April was a huge month for dividend income! Some of this is due to a change in tracking dividends received – currently they’re now tracked according to the day it reaches my account, instead of the typical payment date. I made this change after noticing that my TD account typically received DRIPs almost a week later from the payment date.

Income focused ETFs will be added moving forward using my retained dividends after DRIPs. I realize I’m going back and forth a bit on this decision, but ultimately would feel much more comfortable with an emergency cash flow sub-portfolio within my TFSA. This will be the primary focus of my retained dividends for the next while. Any contributions I make to the TFSA will go to more core holdings, so I’m still building on the dividend growth portion of my portfolio.

DRIP – Monthly Dividend Stocks

# of SharesTickerForward Annual Income Added
1HR.UN$0.52
2PLZ.UN$0.56
1EIF$2.28
1NWH.UN$0.80
Total forward annual income added from monthly stocks: $4.16

DRIP – Quarterly Dividend Stocks

# of SharesTickerForward Annual Income Added
1IFC$4.00
1BEP$1.28
1CNQ$3.00
4T$5.24
2AQN$1.36
1BNS$4.00
2BCE$7.36
1TRP$3.6
Total forward annual income added from quarterly stocks: $29.84

Purchases

# of SharesTickerForward Annual Income Added
0N/A$0 πŸ™
Total forward annual income added from purchases: $0.00

Total Forward Annual Income Added (all sources): +$34