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 am hoping I can keep this up!
Note: All the dividends and totals below are in Canadian Dollars.
Non-registered Accounts
Enbridge (ENB) - $21.95 (Transfer Agent)
Enbridge (ENB) - $250.50
Enerplus (ERF) - $7.48
Inter Tape Polymer (ITP) - $23.55
Shaw Communications (SJR.B) - $19.75
Subtotal : $323.23
TFSA
A&W Royalties Income Fund (AW.UN) - $5.13
Boston Pizza Royalties Income Fund (BPF.UN) - $16.25
Brookfield Renewable Partners LP (BEP.UN) - $29.90
Brookfield Renewable Partners Corporation (BEPC) - $4.55
Canadian National Railway (CNR) - $23.37
Cominar REIT (CUF.UN) - $6.84
Enbridge (ENB) - $27.56
Fortis Inc (FTS) - $8.59
Killam Properties REIT (KMP.UN) - $17.11
Subtotal: $139.30
Total = $462.53
I received a total of $462.53 in dividend income for the month of March 2021. This represents a 1.639% increase from 3 months ago and 6.76% increase year over year.
I received dividend / distribution income from 12 different companies.
I received $0.00 in option premiums within my investment accounts in March 2021.
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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The dividend from Fortis is for 17 shares. My recent purchase of Fortis inside my TFSA occurred after the ex-dividend date.
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 March 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.
Congratulations on your $462.53 for your March income ! �� Keep saving and investing you are on the good path! ���� #dividendinvesting #dividendincome
ReplyDeleteLooks like a great month of dividend income. The important thing is to see that long term growth. In the beginning the slow growth is not very noticeable, but eventually it becomes too big to ignore. And it's good to see your interest rate has gone down. Are you seeing any good opportunities lately to earn some option premiums? Keep it up. :)
ReplyDeleteLiquid,
DeleteThe amount of money to add to the brokerage accounts is a lot less than I like to be contributing. I have not taken any money out in several months, which is a great help.
Not seeing any great opportunities on the option front. In RRSP, the Fortis covered call should be assignment as the strike price is $54 and the stock is currently trading around $55.
Hey Investing Pursuits, I like your pay yourself first model. That's a great way to get rid of debt as well. I just paid off my student loan yesterday, so I'm excited to start investing more going forward. Nice haul of dividends overall! We both received dividends from ENB and FTS. Your snowball is starting to add up.
ReplyDeleteReverse The Crush,
DeleteThe pay yourself first model I have created for myself seems to be working. Forcing me to pay down the debt and investing at the same time. Also put the tax refund recently on the debt. Under $900.00 to go.
FTS has been a welcomed addition to my portfolio as it makes it easier to sleep at night. Need electricity to live.