Starting the beginning of January 2020. I am paying myself 30%. This will consist of 15% to investing, 12% to debt, and 3% to savings. I am treating paying debt as paying myself first, to insure I am actually doing it. If I try to pay down debt after spending money on expenses, I might not get the debt paid off in a reasonable time. I hoping I can keep this up!
Note: All the dividends and totals below are in Canadian Dollars.
Enbridge (ENB) - $243.00 (Margin Account)
Enbridge (ENB) - $21.29 (Transfer Agent)
Enerplus (ERF) - $7.45
Intertape Polymer Group (ITP) - $23.78
Shaw Communications (SJR.B) - $19.75
Subtotal : $315.27
A&W Royalties Income Fund (AW.UN) - $11.40
Boston Pizza Royalties Income Fund (BPF.UN) - $15.73
Brookfield Renewable Partners Corporation (BEPC) - $4.37
Brookfield Renewable Partners LP (BEP.UN) - $28.93
Canadian National Railway (CNR) - $21.85
Cominar REIT (CUF.UN) - $13.68
Enbridge (ENB) - $26.73
Killam Properties REIT (KMP.UN) - $17.11
Total = $455.07
I received a total of $455.07 in dividend income for the month of December 2020. This represents a 9.75% increase from 3 months ago and 2.78% increase year over year.
The small increase year over year was result of Cineplex stopping their dividend in February 2020, and offset by the unit split of Brookfield Renewable Partners LP. The unit split resulted in 1 shares of BEPC for every 4 shares of BEP.UN that was owned. That resulted in 8 shares of BEPC.
I received dividend / distribution income from 11 different companies.
I received $0.00 in option premiums within my investment accounts in December 2020.
I recently purchased Fortis (FTS.TO) in my TFSA. This purchase was after the ex-dividend date. Fortis pays a dividend on December 1.
Below is a visual of my dividend totals for the last 5 years.
Next, I will show the percentage of total income for each position.
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 December 2020?
Disclosure : Long all mentioned securities
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.