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 Shares | Ticker | Forward Annual Income Added |
1 | HR.UN | $0.69 |
2 | PLZ.UN | $0.56 |
1 | EIF | $2.28 |
1 | NWH.UN | $0.80 |
DRIP – Quarterly Dividend Stocks
# of Shares | Ticker | Forward Annual Income Added |
1 | CNQ | $1.88 |
1 | T | $1.26 |
2 | AQN | $1.56 |
1 | TRP | $3.48 |
1 | BNS | $3.6 |
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 Shares | Ticker | Forward Annual Income Added |
5 | AQN | $3.10 |
14 | TD | $44.24 |
250 | IFC | $830 |
47 | ATD.B | $16.45 |
238 | T | $301 |
100 | BCE | $350 |
120 | FTS | $242.4 |
127 | RY | $548.64 |
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.