Sunday, December 4, 2022

Portfolio Update - November 2022

The month of November 2022 is now behind us.

The inflation is taking its toll on the economy.  The price of food, gasoline, and utilities remain high.  The price on carbon adds another layer to this increase.  The inflation is also due to cost of shipping as there is a huge backlog of ships at ports that are waiting to be offloaded.

With people having health restrictions and lockdowns for over 2 years, I believe people are spending money on things like restaurants regardless of how much it costs.  Over the past 2 years, people have missed going on trips, going to restaurants, going to the movies or sporting events.  With the high amount of spending, this leads to higher inflation.  

Currently, COVID19 is affecting China.  We have seen residents of China pushing back over the lockdowns.

Here in Canada, the number of children hospitalized with COVID19 or other respiratory issues has increased drastically.  At a children's hospital in Calgary, they had to bring in heated trailers as their rooms inside the hospital are filled. 
Also, staff had to be brought in from another hospital to help with the increase in patients.

Portfolio Activity

Margin Account Activity

There was no activity in the account during the month of November 2022.   

TFSA Activity

There has been no activity in the account during the month of November 2022. 

Shares Purchased Via DRIP

1 unit of BPF.UN.TO @ $14.93 for a total cost of $14.93 (TFSA)

1 share of EMA.TO @ $50.43021 for a total cost of $50.43 (Margin)

1 unit of KMP.UN @ $16.63 for a total cost of $16.63 (TFSA)

Boston Pizza Royalties Income Fund pays a distribution of $0.10 per unit monthly, or $1.20 per unit annually.  This drip adds $1.20 CAD to my annual dividend income.  The yield on cost for this DRIP is 8.04%.

Emera Inc. pays dividend of $0.69 per share quarterly, or $2.76 CAD per share annually.  This drip adds $2.76 CAD to my annual dividend income.  The yield on cost using the Canadian dollar equivalent for this DRIP is 5.47%.

Killam Properties REIT pays a distribution of $.058333 per unit monthly, or $0.70 per unit annually. This drip adds $0.70 CAD to my annual dividend income.  The yield on cost for this drip is 4.21%.

I have some other positions with the DRIP turned on but might not have enough of a dividend to purchase a whole share. 

My Enbridge position directly with the transfer agent is set up to DRIP.  Around November 2018, Enbridge stopped their DRIP program.  If Enbridge decides to start a DRIP, then my shares will start to DRIP again automatically.  

Dividend Increases

On November 3, Enerplus Corporation increased their dividend from $0.05 USD to $0.055 USD quarterly, or from $0.20 USD to $0.22USD per share annually.  This is an increase of 10.00%.  

At the time of the press release, I own 763 units of Enerplus Inc.  This increase adds $50.26 USD to my annual dividend income. This is equivalent to $68.33 in Canadian dollars, at the time of this writing. 

On November 4, Telus Corporation (T.TO) increased their dividend from $0.3386 CAD to $0.3511 CAD quarterly, or from $1.3544 CAD to $1.4044 CAD per share annually.  This is an increase of 3.69%.  

I own 248 shares of Telus Corporation.  This increase adds $12.40 CAD to my annual dividend income. 

On November 30, Enbridge Inc (ENB.TO) increased their dividend from $0.86 CAD to $0.8875 CAD quarterly, or from $3.44 CAD to $3.55 CAD per share annually.  This is an increase of 3.20%.  

I own 359.278 shares of Enbridge.  This increase adds $39.52 CAD to my annual dividend income.

On November 30, Royal Bank of Canada (RY.TO) increased their dividend from $1.28 CAD to $1.32 CAD quarterly, or from $5.12 CAD to $5.28 CAD per share annually.  This is an increase of 3.125%.  

I own 56 shares of Royal Bank.  This increase adds $8.96 CAD to my annual dividend income.

Dividend Decreases

There were no dividend decreases announced in November 2022.  

Summary: 

As of December 3, 2022, the total value of the portfolio is $187247.42. This is a 3.93% increase over last month's total.  

The portfolio is estimated to produce an estimated $7682.79 in dividend income over the next 12 months. This is an increase of $87.44 CAD , or 1.151%. Some of the dividends in the Canadian stocks section are paid in US dollars, which are converted to Canadian dollars.

Please Note: Positions in Enerplus Corporation (ERF.TO), Restaurant Brands International (QSR.TO) , Intertape Polymer Group (ITP.TO), Brookfield Renewables Corporation (BEPC.TO), and Algonquin Power and Utilities (AQN.TO)  pay dividends in US dollars. Brookfield Renewables Partners (BEP.UN) pays distributions in US dollars. My investment tab spreadsheet displays the Canadian dollar equivalent within 15 to 20 minutes of real time. 

Disclosure: Long aforementioned stocks

               
DISCLAIMER

I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice. Every individual should do their due diligence to make their own financial decisions based on their financial situation an
d tolerance for risk.

Saturday, November 19, 2022

Dividend Income From Some Canadian Bloggers - October 2022

Covid is still a major topic.  Lots of people getting sick, but we don't know the numbers like we did about a year ago.   Just recently, the top doctor in Ontario suggested everyone where a mask indoors as hospitals are being overwhelmed.

In Alberta, a lot of students are reported off sick.  Parents have called for mandatory masking in schools, but the premier does not seem want to make masks mandatory.

The prices of goods and services continue to increase.  This is due to governments printing money, supply chain issues, and the ongoing Russian-Ukraine war.  The supply chain issues started prior to COVID19 becoming a pandemic, but got a lot worse because of the COVID19 pandemic.   After being stuck at home for about 2 years, people tend to be flooding to restaurants and travelling regardless of the rising inflation environment.  

There are predictions we will be in a recession later in 2022, while others are saying in 2023.

Let's get to the list of dividend income from some Canadian bloggers for October 2022.  Of course, I first want to mention my own dividend income report.

Passive Canadian Income received $2117.63 in passive income for the month of October 2022.  Of this total, $912.82 was dividend income.  The number of new shares / units dripped came in at 35.

All About the Dividends received $621.73 in dividend income and added over $35.53 in forward dividend income via DRIPs.   

Reverse The Crush received $126.92 in dividend income in October 2022.  This is a 63% YoY increase.  

Our Life Financial received $3644.80 in dividend income.  Combined with her husband, they received $4398.80 in total dividend income and 12.28% increase YoY.  

Moneymaaster received $1809.67 in dividend income and dripped 81 new shares/units to boost his future dividend income. 

Labour To Leisure received $445.89 in dividend income and dripped 9 new shares.

My Own Advisor and Gen Y Money shared their individual dividend income updates with the world. Although their actual amount of dividend income received in October 2022 is not mentioned, there is some great information in their respective posts.    

Fire We Go received $2426.20 in dividend income for the month of September. 

Conclusion:

We all started with $0.00 of passive income and have grown our investments over time. Each "BUY" transaction can provide ongoing dividend income which may also be increased over time.

In Canada and the United States, many brokerage accounts offer commission free trades and/or commission free ETFs. You can get started on your investing journey with very little money.

DISCLAIMER

I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.

Every individual should do their due diligence to make their own financial decisions based on their
 financial situation and tolerance for risk.

Friday, November 11, 2022

Dividend Income Update - October 2022

         



The month of October 2022 is another month of dividend income landing in my accounts.

Due to becoming debt free, I changed my pay myself model. Starting the beginning of August 2021, I am paying myself 30%, just like before. This will now consist of 24% to investing, and 6% to savings.  The investment portion is going to my TFSA. Any money left over at the end of the month, I put towards investing on top of the money allocated from paying myself first. Hopefully, I can keep this up!

Update on paying myself first. At the start of August 2022, I now pay myself 35%.  This will consist of 25% to investing and 10% to savings. 

Note: All the dividends and totals below are in Canadian Dollars




I received a total of $899.77 in dividend income for the month of October 2022. This represents a 13.23% increase from 3 months ago and 31.6% increase year over year.

I received dividend / distribution income from 15 different companies.

I received $0.00 in option premiums within my investment accounts in October 2022.

Below is a visual of my dividend totals for the last 5 years.


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Most of my dividend income comes from my margin account.

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Next, I will show the percentage of total income for each position.

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In the first 10 months of 2021, I received $4995.68 in dividends.  In the first 10 months of 2022, I received $5941.13 in dividends.  This is an increase of 18.93% YTD in 2022 over the same period of 2021.  

I surpassed my 2021 total dividend income during October 2022.  The graph below shows my total dividend income, as per the blog, since 2012. 

Click to Enlarge


I will update my dividend income tab with the new amount. I will include my option premium income also. It is great to see money from passive income sources deposited into my brokerage account every single month.

Note: Any activity in my RRSP account is not included in these totals.

How was your dividend income for October 2022?

Disclosure : Long all mentioned securities

DISCLAIMER

I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.

Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.