Starting the beginning of January 2021. 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.
Non-registered Accounts
Bank of Montreal (BMO) - $90.10
Emera Inc (EMA) - $63.75
Enerplus (ERF) - $7.47
Shaw Communications (SJR.B) - $19.75
Subtotal : $181.07
TFSA
A&W Royalties Income Fund (AW.UN) - $3.80
Boston Pizza Royalties Income Fund (BPF.UN) - $16.19
Cominar REIT (CUF.UN) - $6.84
Killam Properties REIT (KMP.UN) - $17.11
Royal Bank of Canada (RY) - $60.48
Subtotal: $104.42
Total = $285.49
I received a total of $285.49 in dividend income for the month of February 2021. This represents a 0.197% increase from 3 months ago and 10.62% decrease year over year.
I received dividend / distribution income from 9 different companies.
I received $0.00 in option premiums within my investment accounts in February 2021.
Below is a visual of my dividend totals for the last 5 years.
 |
| Click to Enlarge |
Most of my dividend income comes from my margin account.
Next, I will show the percentage of total income for each position.
 |
| Click To Enlarge |
Going forward, I should be able to receive at least $300.00 CAD in dividend income every single month with the recent addition of 22 shares of Emera Inc.
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 February 2021?
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.
Nice haul of dividend income, Investing Pursuits! It's interesting that you posted a quarterly beat but not a yearly beat. I've seen that with another DGI. I guess the bank raises would have helped. I only had a narrow beat of 7% on smaller earnings than you. I also received a dividend from RY. Your charts are looking great! Keep it up! :)
ReplyDeleteRTC,
DeleteI forgot to mention in the post about income being down YoY. CGX stopped paying a dividend after Feb 2020. Cominar REIT reduced their dividend last year. AW.UN and BPF.UN stopped paying a distribution around April 2020, but started paying a smaller distribution later in 2020.
Dividend raises helped to offset these reductions and suspensions a little.