Dividend Update – September 2021

autumn fall forest leaves

This month my portfolio earned $761.34 in dividends.

September was a good month for my dividends as we set a new all-time high in payments received. Many of my stocks were also able to DRIP this month, despite my overall portfolio remaining relatively flat.

DRIP – Monthly Dividend Stocks

# of SharesTickerForward Annual Income Added
1HR.UN$0.69
1SRU.UN$1.85
1PPL$2.52
2PLZ.UN$0.56
1KEY$1.92
1NWH.UN$0.80
Total forward annual income added from monthly stocks: $8.34

The total annual income from both monthly dividends and quarterly dividends is starting to grow by a decent amount. A small milestone would be to add $50 in annual income in a single month, with the next goal being $100/annually.

DRIP – Quarterly Dividend Stocks

# of SharesTickerForward Annual Income Added
2ENB$6.68
1FTS$2.02
1BEP$1.215
1MFC$1.12
Total forward annual income added from quarterly stocks: $11.04

This month, my major purchases were ABBV and CP railway. Something to note is that for the next while, I will be working on converting some unexpected debt into investment loans. As such, I will still be making purchases and adding to my portfolio, but I expect my networth growth to slow somewhat due to this. This will be fine in the long run as I plan on targeting higher dividend growth companies until my emergency debt and 0% loans are fully converted.

Purchases

# of SharesTickerForward Annual Income Added
15ABBV$98.3
10CP$7.6
Total forward annual income added from purchases: $105.9

Total Forward Annual Income Added (all sources): +$125.28

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