Dividend Income Update - August 2021

             

      

The month of August 2021 is another month of dividend income landing in my accounts.  

Due to becoming debt free, I changed my pay myself model.  Starting the beginning of August 2021.  I am paying myself 30%, just like before.  This will now consist of 24% to investing, and 6% to savings.  The investment portion is going to my TFSA. Any money left over at the end of the month, I put towards investing on top of the money allocated from paying myself first.  Hopefully, 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)                   - $77.78

Shaw Communications (SJR.B) - $19.75

Subtotal : $187.63

TFSA

A&W Royalties Income Fund  (AW.UN) - $5.70

Boston Pizza Royalties Income Fund (BPF.UN) - $16.58

Cominar REIT (CUF.UN) -    $6.84

Killam Properties REIT (KMP.UN)    - $17.11

Royal Bank of Canada (RY)   -  $60.48

Subtotal: $106.71

Total = $294.34

I received a total of $294.34 in dividend income for the month of August 2021.  This represents a 2.24% decrease from 3 months ago and 7.63% increase year over year.   

The decrease from 3 months ago was due to Enerplus stopped paying a monthly dividend after May 2021.  Enerplus switched to a quarterly dividend with first dividend payment date in mid June 2021.  Enerplus has also increased their dividend twice since beginning of May 2021.  

I received dividend / distribution income from  8 different companies.  

I received $0.00 in option premiums within my investment accounts in August 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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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 August 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.