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.
I received a total of $683.79 in dividend income for the month of October 2021. This represents a 3.76% increase from 3 months ago and 8.41% increase year over year.
I received dividend / distribution income from 14 different companies.
I received $0.00 in option premiums within my investment accounts in October 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.
 |
| Click To Enlarge |
Next, I will show the percentage of total income for each position.
 |
| Click To Enlarge |
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 October 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.
No comments:
Post a Comment