Net Worth Update - December 25 2021

Today is December 25, 2021. Although passive income through dividends and option premiums is my focus when it comes to investing, I decide to do a post about my current net worth.

What is net worth? Simply put, net worth is calculated by adding up all assets and subtracting the total of all liabilities. Net worth is sometimes referred to as shareholder's equity. Assets and liabilities are part of the balance sheet.

Assets

Savings

The savings section is currently into 3 segments. The 3 parts are a "high" interest savings account, savings account, and an "investment" savings account.

The TFSA savings account was with Tangerine. I was frustrated with getting such a low interest rate with Tangerine. I took the money out and placed it in non-registered high interest rate savings account with EQ Bank. Unfortunately, the account did not disappear as interest was earned in the TFSA with Tangerine for the month I transferred the balance. The balance is $0.18. With a value this low, I do not even earn interest as the balance so low.  

On December 25, 2021, the value of the savings account with EQ Bank is $1177.32. As of the time of this writing, the interest rate for EQ Bank is currently sitting at 1.25%. 

The stock and ETF investment involves a stock and an ETF that I hold within my margin account. I keep the dividends and distributions received separate from the dividends I post in my dividend income updates.

I purchased an additional 3 units of BMO High Yield Covered Call ETF (ticker symbol ZWC.TO) at a total cost of $55.30 on November 30.  I purchased 1 unit of this ETF on December 22 at a total cost of $18.48.  My brokerage has zero commissions on purchase of ETFs. There is a small ECN fee which is a few pennies. The purchase of these units resulted in $0.01 in ECN fees. This ETF pays monthly. I received a total of $102.54 in total distributions as of December 25, 2021.

On August 31, 2021, I purchased 41 units of Transalta Renewables (ticker symbol  RNW.TO) at $19.52 per share for a total cost of $805.41.  There we no more purchases.  Transalta Renewables pays a monthly dividend of $0.07833 per share.  I  received a total of $9.63 in total dividends as of December 25, 2021.

On December 25, 2021 , the current value of this "stock / ETF account" is $2170.84   I have earned a total of $201.58 in total dividends/distributions in this account. 

Overall, the savings total is $3348.34. 

Non-registered Accounts

The non-registered accounts consist of a margin account and 2 stocks held directly with the transfer agents. The margin account is with Questrade. The total value is $111236.65 as of December 25, 2021. This is an increase of 5.10% since the last published net worth post.


TFSA Investing Account

The TFSA investing account balance is $61521.41 as of December 25, 2021. This account is with Questrade. This is an increase of 7.69% since the last published net worth post.

Trading Account

The trading account is with Questrade. There is an no active trade on in this account as of the time of this writing. As of December 25, 2021, the value of this account is $4347.77.

RRSP

I have transferred my RRSP from Tangerine to Questrade in April 2020. While at Tangerine, the RRSP was in the form of a "high" interest savings account. Now at Questrade, I decided to put the money to work.

As of December 25, 2021, I own 121 shares of CP Rail (Ticker Symbol  CP.TO) ,76 units of XAW, and 49 shares of Alimentation Couche-Tard  (ATD.B.TO).   I sell covered calls on the CP Rail position.  As of December 25, 2021, there is no active option trade on CP Rail.  My most recent covered call expired on December 17, 2021.      

The value of this account as of December 25, 2021 is $16666.80 . This is an increase of 10.09% from September 25, 2021.

Summary of Assets

Total Savings : $3348.34
Non-Registered accounts : $111236.65
TFSA Investing : $61521.41
Trading Account: $4347.77
RRSP Savings Account: $16666.80

Total Assets = $197120.97  (increase of 5.71% from 3 months ago)

Liabilities

The balance on my line of credit is $0.00. 

I have a margin loan of $1081.81 CAD.  The interest rate on the margin loan is 5.95%.  

Summary of Liabilities

Credit Line = $0.00

Margin Loan = $1081.81 

Total Liabilities = $1081.81 

Conclusion

On December 25, 2021, my net worth is $196039.16 . This is a increase of $9556.99, or 5.12%, from 3 months ago.


The market continues to go up. We are currently in the fifth wave of COVID19.  The fears of COVID19 once and awhile causes a major dip.  To prevent hospitals from being overwhelmed, more and more restrictions are being implemented to help lower the case count.  With a high percentage of people vaccinated, the hospitalizations are down, although active cases are at record highs. 

Click to Enlarge

To read the fifth net worth update, click here.

To read the sixth net worth update. click here.

To read the seventh net worth update, click here. 

To read the eighth net worth update, click here.  

Disclosure: - Long all aforementioned stocks
  

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.

Savings Hack

  My savings has taken a hit over the past 3 to 4 months.  I had to dig into my savings to pay for dental expenses.  The first dental expense was expected as it was a cleaning.  I then had to go for a second dental appointment expense was for 2 fillings.

About a week later, one of the fillings fell off.  I went to the dentist to get it fixed and the dentist tried to fix it.  It was a complete failure.  The dentist did not freeze my mouth and would do a little bit of bonding and then get me to feel it.  It was torture.  There was no charge.

Next week, I will be going to get it fixed.  I am going to make the  dentist freeze my month before any work is getting done.  There will likely be a charge for this.

When ever I got paid, I paid myself first 6% to my savings account.  All this went into a normal savings account.

How did I boost my savings?

My trading account did not have any active trades.  So, I decided to use this money and borrow some money on margin and did some trades.  Any dividends, capital gains and option premiums would be taking out immediately and place in my EQ Bank High Interest Savings Account (referral link).  The interest on this account is 1.25%.  

Trade #1  

Oct 20  - Bought 175 shares of T.TO at $27.74 for a total cost of $4859.71 including commissions.

Oct 22  - Sold 175 shares of T.TO at $27.92 for a total if $4880.79 including commissions.

Profit =  $4880.79-$4859.71

         = $21.08

Trade #2

Oct 26 - Bought 100 shares of ATD.B.TO at $48.25 for a total cost of $4829.95 including commissions.

This trade is still open.  I sold covered calls on the position.

Trade #3  (Covered Call #1)

Nov 1   Sold 1 Nov 26 2021 ATD.B.TO $49 Call at $1.40 for a net premium of $129.05

Nov 26  Covered call expired.

Trade #4  (Covered call # 2)

Dec 2  Sold 1 Jan 21 2022 ATD.B.TO $49 Call at $1.50 for a net premium of $139.05

As of December 24, this option has not been assigned.  The stock now trades under the ticker symbol ATD.TO.  The stock closed at $52.45 on December 24.

I received a dividend from ATD.TO for $11.00 CAD on December 16.

Summary:

Capital gains = $21.08

Option premiums = $268.10

Dividends  = $11.00

I made $300.18 that went directly to my savings.

For disclosure, I also own the stocks mentioned above in my other accounts.  

Note:  - T.TO is the ticker symbol for Telus Corporation

          - ATD.B.TO is the ticker symbol for Alimentation Couche Tard

Note:  ATD.B.TO was merged into ATD.A.TO at 1:1 ratio and ticker symbol changed to ATD.TO

Disclosure:  Long T.TO in TFSA

                  Long ATD.TO in RRSP

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.

Dividend Income From Some Canadian Bloggers - November 2021

On November 4,  the OSFI removed the restrictions on banks and insurance companies about no dividend increases and share buybacks.  OSFI stands for the Office of the Superintendent of Financial Institutions  The insurance companies started first with the dividend raises and buyback announcements.   The big 5 banks started their announcements starting November 30 and concluded December 3. 

Do I think the OSFI might bring back the restrictions on dividend raises and share buybacks?  Well, to be honest, I think it might just happen.  The omicron variant of covid19 virus  is suppose to be more milder but be more transmissible than the strains of the virus.  Travel restrictions have started and other restrictions have been more stricter once again.

Major events have happened on the weather front.  Major flooding and damage to several major highways in British Columbia.  For several days, there was no way for freight to get from the Vancouver area to the rest of Canada. Canadian Pacific Railway and Canadian National Railway both had significant damage to their infrastructure.  The ongoing supply chain crisis was made even worse with the flooding and excessive rain events in British Columbia.

Being an investor is more important now than ever.  It is getting more and more difficult to get a job and then be able to keep a job.

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

All About The Dividends received $502.79 in dividend income and added over $6.99 in forward dividend income via DRIPs.  Their is also mention of the purchases that were made during November. 

Passive Canadian Income received $924 in total passive income in November 2021.  The amount of dividend income received was $324.58 

Reverse The Crush received $66.54 in dividend income in November 2021.  This is a 54% YoY increase.  

Our Life Financial received $1236.42 in total dividend income and 22 new shares via DRIP.  Also in the post, Our Life Financial mentions her new purchases during the month of November 2021.      

Moneymaaster received $637.47 in dividend income and dripped 27 new shares/units to boost his future dividend income. 

My Own Advisor and Gen Y Money shared their individual dividend income updates with the world.  Although their actual amount of dividend income received in November is not mentioned, there is some great information in their respective posts.    

Fire We Go, via a You Tube video, received $1956.43 in dividend income for the month of November 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.

Investing With A Climate Change Focus - Part 2

This is my second part of my Investing With A Climate Change Focus.  You can read the first part, by clicking here.

In recent years, we have seen more and more extreme weather events occurring around the globe.  

In fact, in recent months we have seen some extreme weather events such as the atmospheric rivers that occurred in the province of British Columbia and the north western United States.  The Nooksack River in Washington State breached its banks.  When this happens, the overflow flows North into British Columbia. This flooded the area known as the Sumas Prairie which is located in the Abbotsford area of British Columbia

The atmospheric rivers caused large amount of rain to fall in a very short time.  British Columbia dealt with large amounts of wildfires and a heat dome even during this past summer.  The former event caused the latter event to be more destructive according to scientists.  The atmospheric rivers caused damage to several major highways including the main highway that connects the Vancouver area with the rest of Canada.  The main highway is the Coquihalla highway, which is still closed until at least January 2022.

As of the time of this writing, highway 3 has been fixed and his open to commercial traffic only.  This highway is mostly single lane in either direction with a lots of twists and turns and hills.

The port of Vancouver was effected from these atmospheric weather events due damage to the rail lines servicing the port.  The rails have  resumed operation.

I could mention more extreme weather events, but we constantly hear about them on a monthly basis in the news.

Investment #1   New Flyer Group

(Source: nfigroup.com)

Public transportation will play a more important role going forward.  As governments around the world implement a carbon tax, the cost of things will increase.  This will include driving a vehicle, heating your home, and the food you eat.   A way to reduce the amount of carbon tax you pay is to use public transportation which includes buses, light rail trains or subways.

New Flyer Group is mostly known as a manufacture of buses.  New Flyer Group consists of 13 subsidiaries.  NFI's CEO and President said, "NFI has successfully transitioned from a vehicle manufacturer to an electric mobility solutions provider, with an offering that includes zero-emission buses and coaches, charging infrastructure, telematics, and parts and service."

New Flyer buses are currently used in 13 countries.  Within these 13 countries,  the buses are currently used in 80+ countries or on order.  New Flyer Group have delivered 1701 zero-emission buses since 2015.  

New Flyer Group trades on the Toronto Stock Exchange under the ticker symbol NFI. The stock has fallen from its 52 week high due supply chain issues that are affecting global shipping.  

Ticker Symbol :    NFI.TO

Dividend:             $0.2125 quarterly

Closing Price:       $19.09  (as of December 16)

Yield:                   4.45%   

The stock is currently yielding 4.45%, which is 41 bps above the stocks own 5 year average yield.  

(Source: nfigroup.com)

Investment # 2   Algonquin Power and Utilities

Algonquin Power and Utilities consists of 2 divisions.  The two divisions are Regulated Services Group and Renewable Energy Group.  

Click To Enlarge

Regulated Services Group provided rate regulated water, electric, and gas utilities to over one million connected customers in communities across Canada and the United States.  These utility services consist of electricity distribution, natural gas distribution, water distribution, and wastewater treatment.

The Renewable Energy Group generates and markets electrical energy produced by its large portfolio of renewable power facilities.  The facilities are located in both Canada and the United States.  The renewable energy is generated via solar, thermal, hydroelectrical and wind.

As of September 30, 2021, Algonquin Power and Utilities gas over 4 GW of Renewables in operations or under construction.

As per the 2020 annual report, renewable power generation made up 55% of their power generation.  The company's goal is to have 75%  of renewable power generation by 2023.

Ticker Symbol:          AQN.TO

Dividend:                  $0.1706 USD quarterly

Closing Price:             $17.68 (December 16, 2021)

Yield:                        4.82% 

The stock is currently 4.82% (with the CAD equivalent of dividend), which is 53 bps higher than the stocks own 5-year average yield. 

 

Investment # 3   Transalta Renewables

TransAlta Renewables Inc. develops, owns, and operates renewable power generation facilities. As of March 3, 2021, it owned and operated 23 wind facilities, 13 hydroelectric facilities, 7 natural gas generation facilities, 1 solar facility, 1 natural gas pipeline, and 1 battery storage comprising an ownership interest of 2,537 megawatts of generating capacity located in the provinces of British Columbia, Alberta, Ontario, Quebec, and New Brunswick; and the States of Wyoming, Massachusetts, and Minnesota, as well as the State of Western Australia. The company was incorporated in 2013 and is headquartered in Calgary, Canada. TransAlta Renewables Inc. is a subsidiary of TransAlta Corporation. (Source: Yahoo Finance)

Transalta Renewables is often referred to as a yield co.  This company is 60% owned by TransAlta, which means Transalta has a large interest in the success of the company.

At a future date,  TransAlta could acquire 100% of TransAlta  Renewables.

The dividend has remained the same for years and the stock has run up in the last couple of years.  The run up in price is likely due to investors looking to be in the renewable energy space.  Renewable energy is the future. 

Ticker Symbol:       RNW.TO

Dividend:              $0.07833 per share monthly

Closing Price:        $18.23 (December 16)

Yield:                    5.16%

The stock is currently yielding 5.16%, which is 117 bps below the stocks own 5 year average yield of 6.33%.   

To find out some the current facilities in operation or development, click here. 

Summary 

These 3 companies play a vital role in the transportation and utility sector.  

New Flyer Group will play an even more important role in the future as the demand for cleaner public transit vehicles will grow to help reduce global emissions.

Algonquin Power and Utilities and TransAlta Renewables provide utilities that people need.  Renewable energy will be even more important in the years to come as more countries phase out or reduce their dependency on fossil fuels.

Disclosure:  Long NFI.TO, AQN.TO

Disclosure:  Long RNW.TO (in a "savings" account)

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.

Recent Dividend Increases

Over the past couple of years, the world has been in turmoil due to the COVID19 pandemic.  Currently, we are nowhere even close to ending the pandemic.  Just when we think we are winning the war against COVID19, a new variant of the virus causes cases to spread across the world.

On March 13, 2020, the Office of the Superintendent of Financial Institutions  basically said that "dividend increases and share buybacks of federal regulated financial institutions should be halted".  The big 5 banks definitely fall into this category.

Prior to this announcement, 4 of the 5 big five banks were raising their dividends semi- annually and the other bank was raising their dividend once a year.  

On November 4, 2021, the Office of the Superintendent of Financial Institutions gave the green light for federal regulation financial institutions to raise their dividends and participate in buybacks. 

Raise #1

On December 1, Royal Bank of Canada (RY.TO) increased their quarterly dividend from $1.08  to $1.20 per share quarterly, or from $4.32 to $4.80 per share annually.  This is an increase of 11.11%.

I currently own 56 shares of RY.TO.  This increase adds $26.88 to my annual dividend income. 

Raise #2

On December 2, Toronto-Dominion Bank (TD.TO) increased their quarterly dividend from $ 0.79 to $0.89 per share quarterly, or from $3.16 to $3.56 per share annually.  This is an increase of 12.66%.  

I currently own 62 shares of TD.TO.  This increase adds $24.80 to my annual dividend income.  

Raise #3

On December 2, Canadian Imperial of Bank of Commerce (CM.TO) increased their quarterly dividend from $1.46 to $1.61 quarterly, or from $5.84 to $6.44 per share annually.  This is an increase of 10.28%.

I currently own 110 shares of C.I.B.C. This increase adds $66.00 to my annual dividend income. 

Raise #4

On December 3, Bank of Montreal (BMO.TO) increased their quarterly dividend from $1.06 to $ 1.33 per share quarterly, or from $4.24 to $5.32 per share annually. This is an increase of 25.5%. 

I currently own 85 shares of Bank of Montreal.  This increase adds $91.80 to my annual dividend income. 

Raise #5

On December 7,  Enbridge (ENB.TO) increased their quarterly dividend from $0.835 to $0.86 per share quarterly, or from $3.34 to $3.44 per share annually.  This an increase or 2.99%.

I currently own a total of 359.278 shares of Enbridge.  This increase adds $35.93 to my annual dividend income.

Raise #6

On December 8, Mullen Group Ltd. (MTL.TO) increased their monthly dividend from $0.04 to $0.05 per share monthly, or from $0.48 to $0.60 per share annually.  This is an increase of 25.0%.

I currently own 100 shares of Mullen Group.  This increase adds $12.00 to my annual dividend income. 

Summary:

In 8 days, I received a total of 6 dividend increases.  All the dividend amounts above are in Canadian dollars.  

My forward 12 month dividend income increased by a total of $257.41 in Canadian dollars.

Disclosure:  Long all aforementioned stocks 

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.

Dividend Income Update - November 2021

The month of November 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.

I received a total of $296.60 in dividend income for the month of November 2021. This represents a 0.767% increase from 3 months ago and 4.10% increase year over year.

I received dividend / distribution income from 7 different companies.

Cominar REIT did not pay a distribution as an all cash offer of $11.75 CAD per unit transaction is voted on by unitholders of the REIT.

As part of the Transaction, Cominar has agreed that distributions for October, November and December, 2021 will be suspended. If the Transaction has not closed by January 15, 2022, Cominar intends to reinstate the distribution in respect of the second half of January, 2022 payable in February, 2022 to unitholders of record on January 31, 2022 and for each month thereafter. (Source : Q3 Earnings release)

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

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 November 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.

Portfolio Update - November 2021

The month of November 2021 is now behind us.

On November 4,  the Organization For the Superintendent of Financial Institutions, or OSFI, lifted the ban on banks and insurance companies raising their dividends and share buybacks.  This ban went into effect from March 2020 and continued to November 4th of 2021.  The ban was put in place to help everyday people during the COVID19 pandemic.  Although the pandemic is no where near an end, more and more people are becoming fully vaccinated. 

The global shipping crisis is still a major issue.  The global shipping crisis exploded to more than it was pre-pandemic.  When plants and factories in China were completely shut down during the lockdowns, no product was being made.  A lot of other countries also implemented lockdowns to help curb the spread of COVID19. 

There is now a new variant of the COVID19 virus called the omnicron variant.  The fear of this variant has spread to the stock market for a short time.  

During the month of November, British Columbia experienced 3 weather events that came known as atmospheric rivers.  This is when a large amount of rain falls in a short period of time.  As part of these weather events, the Nooksack river in Washington State breached its banks and flooding heads north into British Columbia.  This flooded the Sumas Prairie area around Abbotsford, British Columbia.

These so-called atmospheric rivers caused extensive damage and flooding around the southern interior of British Columbia.  The major transportation link, the Coquihalla Highway was damaged with a major washout of 2 bridges cutting off travel in both directions.  The other major highway 1 (Trans Canada was damaged flooded or damaged from Abbotsford to Hope and then north from Hope.  Also, highway 3 was damaged east of Hope.   So, this closed down all 3 major highways that connect Vancouver area to rest of Canada.

The atmospheric rivers also caused damage to CN Rail and CP Rail infrastructure, bringing trains into and out of Vancouver to a halt.  The port of Vancouver is Canada's largest port.    

In the last 6 months, British experienced a tonne of wildfires and a heat dome. The atmospheric rivers caused more damage as water absorption was negatively effected do the wildfires and heat dome.  

Portfolio Activity

Margin Account Activity

On November 19, I purchased 100 shares of Mullen Group Ltd at $12.045 per share for a total cost of $1209.80 including commissions.   Mullen Group Ltd trades on the Toronto Stock exchange under the ticker symbol of MTL.  

Mullen Group pays a dividend of $0.04 per share monthly, or $0.48 per share annually.  This purchase adds $48.00 CAD to my annual dividend income.  The yield on cost of this purchase is 3.97%.

Mullen Group Ltd is one of Canada's largest transportation and logistics companies in Canada.  The company's mission if to acquire companies with the goal of improving their performance.   The companies under their umbrella are independently operated businesses.  These operating businesses are separated into 4 different business categories.  

The 4 different business categories are as follows:

• Less-Than-Truckload (LTL)
• Logistics and Warehousing
• Specialized & Industrial
• US and International Logistics

Their operations are mostly in Western Canada.  They have been expanding into Ontario and into the United States.  

TFSA Activity

There was  further activity in this account since last portfolio update.  I continue to add money to this account via paying myself first.  All the dividends remained in the account.  

Shares Purchased Via DRIP

1 unit  of BPF.UN.TO @ $15.31431 for a total cost of $15.31 (TFSA)

Boston Pizza Royalties Income Fund pays a distribution of $0.085 per unit monthly, or $1.02 per unit annually.  This drip adds $1.02 CAD  to my annual dividend income.  The yield on cost for this DRIP is 6.66%.

I have some other positions with the DRIP turned on, but might not have enough of a dividend to purchase a whole share. 

My Enbridge position directly with the transfer agent is set up to DRIP.  Around November 2018, Enbridge stopped their DRIP program.  If Enbridge decides to start a DRIP, then my shares will start to DRIP again automatically.  

Please note that if some brokerages DRIP shares when there is no DRIP program by the actual company. This DRIP is when the brokerage buys the shares directly off the public market stock exchanges. 

Dividend Increases

On November 4,  Enerplus Corporation  (ERF.TO) increased their dividend from $0.038 to $0.041 per unit quarterly, or from $0.152 to $0.164 per share annually.  This is an increase of 7.89%.   

I own 756 shares of Enerplus at the time of the increase.  This increases adds $9.07 CAD to my annual dividend income. 

On November 5, Telus Corporation (T.TO) increased their dividend from $0.3162 to $0.3274 per unit quarterly, or from $1.2648 to $1.3096 per unit annually.  This is an increase of 3.54%. 

I own 48 units of Telus Corporation.  This increase adds $2.15 CAD to my annual dividend income. 

On November 30, Bank of Nova Scotia  (BNS.TO) increased their dividend from $0.90 to $1.00 CAD per share quarterly, or from $3.60 to $4.00 CAD per share annually.  This an an increase of 11.1%. 

I own 85.136406 shares of Bank of Nova Scotia.  This increase adds $34.05 CAD to my annual dividend income.  

Dividend Decreases

There was no dividend decreases in November 2021. 

Summary: 

As of December 4 2021 , the total value of the portfolio is $166253.84 . This is a 3.21% decrease over last month's total. 

The portfolio is estimated to produce an estimated $6255.10 in dividend income over the next 12 months. This is an increase of $118.66 CAD , or 1.93%. Some of the dividends in the Canadian stocks section are paid in US dollars, which are converted to Canadian dollars. 

Please Note: Positions in Restaurant Brands International (QSR.TO) , Intertape Polymer Group (ITP.TO), Brookfield Renewables Corporation (BEPC.TO), and Algonquin Power and Utilities (AQN.TO)  pay dividends in US dollars. Brookfield Renewables Partners (BEP.UN) pays distributions in US dollars. My investment tab spreadsheet displays the Canadian dollar equivalent within 15 to 20 minutes of real time. 

Note: Dividend increases or decreases announced in December 2021 will be mentioned in next portfolio update.  The spreadsheet will be updated to reflect any corresponding increases or decreases at that time. 

Disclosure: Long aforementioned stocks

 Edit:  Enbridge dividend of $21.95 from transfer agent that gets deposited in my bank added to the total portfolio value. 

               
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.