Dividend Income From Some Canadian Bloggers - July 2021

In July 2021, COVID19 remains front and center in the news.  The number of cases as started to rise again due to the Delta variant form of the virus.  More and more places are starting to relax restriction by a great deal.  

The percentage of people fully vaccinated (2 doses) continue to increase, along with the surge in number of cases.  A lot of people believe being vaccinated total eliminates the possibility of contracting COVID19.  Being vaccinated mainly reduces how ill you will become with COVID19.  In other words, a fully vaccinated individual can be a carrier of the virus and spread the virus to any other individual.

In July, the government of Alberta and the Chief Medical Officer of Health stated that on August 16, all remaining restrictions would be removed and COVID19 would be treated like the flu.  This past week,  the Chief Medical Officer retreated on the upcoming changes and extended the remaining restrictions to September 27.  This is due to the number of cases increasing, which is mainly due to the Delta variant.  People were protesting in Edmonton and Calgary to rollback these changes since they were first announced by the Chief Medical Officer.  

Will the number of cases increasing, we are starting a fourth wave in may jurisdictions across the globe.  This will affect the markets, as investors are concerned about how this will affect the world economy.

CN Rail's purchase of Kansas City Southern still has not been finalized.  There is still a high probability that this deal is blocked by regulators.  Kansas City Southern is still in favor of the deal. 

Let's get to the list of dividend income from some Canadian bloggers for July 2021. Of course, I first want to mention my own dividend income report.

Passive Canadian Income received $1757.92 in total passive income in July.  The amount of dividend income received was $872.00 and dripped 16 new shares.  

Reverse The Crush received $53.48 in dividend income.  This is a 68% YoY increase.  

Our Life Financial received $3429.82 in dividend income and 61 new shares via DRIP.  Also in the post, Our Life Financial mentions her new purchases.      

Moneymaaster received $1408.98 in dividend income and dripped 52 new shares/units to boost his future dividend income. 

My Own Advisor shared his dividend income update with the world.  Although the amount of actual dividend income received in July 2021, this is some great information in the post.  Mark writes about his shares purchased via DRIP, including a big one from Telus Corporation.  

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.