Dividend Update – July 2021

This month my portfolio earned $641.07 in dividends.

This is a pretty exciting month, as I added a lot of capital to my portfolio this month. Should I have waited for a pullback? I could have. I worked on a plan, a strategy, for the last few months though and decided to implement it regardless of what the market could/would do. If there is a significant market correction in the coming months, I’m prepared to find additional liquidity to take advantage of it.

DRIP – Monthly Dividend Stocks

# of SharesTickerForward Annual Income Added
1HR.UN$0.69
2PLZ.UN$0.56
1EIF$2.28
1NWH.UN$0.80
Total forward annual income added from monthly stocks: $4.33

DRIP – Quarterly Dividend Stocks

# of SharesTickerForward Annual Income Added
1CNQ$1.88
1T$1.26
2AQN$1.56
1TRP$3.48
1BNS$3.6
Total forward annual income added from quarterly stocks: $11.78

This month I made some significant lump sum purchases. I could have waited for a pullback, but I’ve been working on a strategy which synergizes with my other investing and income streams. As such, I’m alright with inputting a significant lump sum instead of DCAing into the market. My additions this month are solid Canadian blue-chip companies.

Purchases

# of SharesTickerForward Annual Income Added
5AQN$3.10
14TD$44.24
250IFC$830
47ATD.B$16.45
238T$301
100BCE$350
120FTS$242.4
127RY$548.64
Total forward annual income added from purchases: $2335.83

Total Forward Annual Income Added (all sources): +$2351.94

The purchases I made push my annual dividend income to approximately $9500 CAD. I’m close to a major milestone, $10000 in annual dividend income, which is extremely exciting for me. My next milestone after that will be $12000 annually, as that’ll put me at $1000 each month.

Note: There will be some slight variance due to differing exchange rates from the time different reports are written.