Enbridge's Line 5 could be shut down. This pipeline , according to CBC, carries some 540,000 barrels of Canadian crude oil and other petroleum products per day across Wisconsin and Michigan to Sarnia, and accounts for nearly half of the supply of light crude oil, light synthetic crude oil and natural gas liquids in Ontario and Quebec.
Enbridge is a major holding of dividend investors in Canada. Enbridge is my largest position when it comes to dividend income.
Let's get to the list of dividend income from some Canadian bloggers for April 2021. Of course, I first want to mention my own dividend income report.
Moneymaaster received$1237.80 in dividend income for month of April 2021. Lots of new shares via DRIP and some new purchases during the month.
Our Life Financial received $3352.08 in dividend income for the month of April 2021. This is an of over 40% from 3 months ago. Our Life Financial also discusses her new purchases made during the month.
Reverse The Crush had 47% year over year growth by receiving $42.46 in dividend income for April 2021. Reverse The Crush also mentions his portfolio transactions for April.
Passive Canadian Income had over 36% growth year over year receiving $1622.33 in passive income for the month of April 2021. The amount of dividend income was $819.93, which is a new milestone for dividend income.
All About The Dividends received $665.84 for the month of April 2021. The TFSA lead the way in April. He also mentions is transactions for April 2021.
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.
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.
I like these kind of posts. Some great numbers there. Investors are doing amazing job. Thanks for posting. I am slowly moving more from GICs, Robo, and HISA to Trade and staying on track. So far this year I received a little over $2K in dividends and savings interests.
ReplyDeleteMr. Dreamer,
DeleteWe all started at $0.00. With saving account rates like close to 0% and a few up to 1.5%, it is below inflation. So, investing is the way to go outside and emergency fund. If a person does feel comfortable buying individual stocks, they can invest regularly through ETFs. Are mutual funds with their high fees still a thing?
Thanks for compiling this list of monthly dividend income from Canadian bloggers. I'm Canadian and appreciate the list.
ReplyDelete