Portfolio Update - February 2025

 The month of February 2025 as ended and it was quite the month!

The news about tariffs have been the big news story the past month. This has led to layoffs due to uncertainty.

The S&P500 was down 7.48% over the past month.  

The S&P TSX Composite Index was down 4.46% over the past month.

Portfolio Activity

Margin Account Activity

There has been no activity in this account since the last update.

TFSA Activity

On February 12, I "attempted" to purchase 44 additional shares of Titanium Transportation Group (TTNM.TO)at $1.65 per share.  I clicked sell instead of buy.  So, the order got filled immediately at $1.69 per share.

Following this mistake, I purchased 100 shares of TTNM.TO at $1.65 per share for a total cost of $165.00 including commissions, which are actually $0.00 now with Questrade). 

On February 21, I purchased 20 additional shares of TFI International at $135.75 per share for a total cost of $2715.00.  Currently, TFI International (TFII.TO) pays a dividend of $0.45 USD quarterly, or $1.80 USD per share annually. 

So this purchased adds $36.00 USD to my annual dividend income.  This is equivalent to  $51.74 in Canadian dollars at the time of this writing. 

Shares Purchased Via DRIP

1share of FTS.TO @$64.0052  for a total cost of $64.01 CAD (TFSA)

1 unit of REI.UN @  $18.73288 for a total cost of $18.73 (TFSA)

1 unit of KMP.UN @  16.1998 for a total cost of $16.20 (TFSA)

1 unit of SRU.UN @ $25.35594 for a total cost of $25.36 CAD (TFSA)

3 shares of EMA.TO @ $56.2365 for a total cost of $168.71 (Margin)

2 units of BPF.UN @ $17.32 for a total cost of $34.64 (TFSA)

Click To Enlarge

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.  

Dividend Increases

On February 13, Meta Platforms (META) increased their dividend from $0.50 USD to $0.525 USD per share quarterly, or from $2.00 USD to $2.10 USD per share annually.   This is an increase of 5.00%.  

I currently own 10 shares of Meta Platforms. This increase adds $1.00 USD  to my annual dividend income. At the time of this writing, this is equivalent of $1.44 CAD in Canadian dollars. 

On February 19, Riocan REIT  (REI.UN) increased their distribution from $0.0925 to $0.0965 CAD per share quarterly, or from $1.11 to $1.158 CAD per unit annually.   This is an increase of 4.32%.  

I currently own 278 units of Riocan REIT.  This increase adds $13.34 CAD to my annual dividend income.  

Dividend Decreases

 On February 7, Titanium Transportation Group (TTNM.TO) announced the company is suspending their dividend due to all the uncertainty in the economy.

I owned 856 shares of Titanium Transportation Group at the time of this announcement.  Titanium Transportation was paying a dividend of $0.02 per share quarterly, or $0.08 per share annually.

This suspension reduces my annual dividend income by $68.48 CAD from my annual dividend.

Summary: 

As of March 12, 2025, the total value of the portfolio is  $249572.22 CAD . This is a 1.241% decrease over last month's total.  

The portfolio is estimated to produce an estimate $13075.76 CAD in dividend income over the next 12 months. This is an increase of of $23.90 CAD , or 0.183%. Some of the dividends in the Canadian stocks section are paid in US dollars, which are converted to Canadian dollars.

Googlesheets is still not operating properly.  So, I had to manually enter the market value for the REITS, BEP.UN, and BPF.UN.

Dividend increases or decreases announced already for February 2025, will be included in the next portfolio update. 

 

Please Note: Positions in Restaurant Brands International (QSR.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. 

Disclosure: Long 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.ir financial situation and tolerance for risk. 

Dividend Income Update - January 2025

                        

The month of January 2025 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!

Update on paying myself first. At the start of August 2022, I now pay myself 35%.  This will consist of 25% to investing and 10% to savings. 

At the start of January 2024, I allocated 27% to investing and 10% to savings. 

Starting July 2024, I started allocating 30% to investing and 10% savings.

Note: All the dividends and totals below are in Canadian Dollars

I received a total of $1562.95 in dividend income for the month of January 2025. This represents a 7.66% increase from 3 months ago and a 32.39% increase year over year.

I received dividend / distribution income from 14 different companies.

I received $0.00 in net option premiums within my investment accounts in January 2025.

Below is a visual of my dividend totals for the last 5 years.

Click To Enlarge

Most of my dividend income usually comes from my margin account.  As more investments and DRIPs are made inside TFSA, the percentage of dividend income for the TFSA is increasing. 

Click To Enlarge

Next, I will show the percentage of total income for each position.

Click To Enlarge

In the first month of 2024, I received $1180.60 in dividends. In the first month of 2025, I received $1562.95 in dividends. This is an increase of 32.39 % in 2025 over the same period in 2024. 

The graph below shows my total dividend income, as per the blog, since 2012. 

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 January 2025?

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 - January 2025

 The month of January 2025 as end and what a month!

Edit:  I had to remove stuff from this post.

The S&P500 was up 3.41% over the past month.  

The S&P TSX Composite Index was up 1.47% over the past month.

Portfolio Activity

Margin Account Activity

There has been no activity in this account since the last update.

TFSA Activity

There has been no activity in this account since the last update.   

Shares Purchased Via DRIP

1share of QSR.TO @ $65.29 USD for a total cost of $94.04 CAD (Margin)

1 unit of REI.UN @ $18.35321 for a total cost of $18.35 (TFSA)

1 unit of KMP.UN @ $16.98615 for a total cost of $16.99 (TFSA)

1 unit of SRU.UN @ $24.72232 for a total cost of $24.72 CAD (TFSA)

4  shares of AQN.TO @ $4.32974USD for a total cost of $24.85CAD (TFSA)

2 units of BPF.UN @ $17.5335 for a total cost of $35.07 (TFSA)

3 shares of TD.TO @ $83.12913 for a total cost of $249.39 CAD (TFSA)

1.106024 shares of BNS.TO @ $74.917 for a total cost of $82.86 CAD (Margin)

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.  

Dividend Increases

On January 30, Canadian National Railway (CNR.TO) increased their dividend from $0.845 CAD to $0.8875 per share quarterly, or from $3.38 CAD to $3.55 CAD per share annually.   This is an increase of 5.03%.  

I currently own 94 shares of Canadian National Railway. This increase adds $15.98 CAD to my annual dividend income.

On January 31, Brookfield Renewables LP  (BEP.UN) increased their distribution from $0.355 USD to $0.373 USD per share quarterly, or from $1.42 USD to $1.492 USD per share annually.   This is an increase of 5.07%.  

I currently own 147 units of Brookfield Renewables LP. This increase adds $10.58 USD to my annual dividend income. At the time of this writing, this is equivalent to $15.13 CAD.

On January 31, Brookfield Renewables Corporation (BEPC.TO) increased their dividend from $0.355 USD to $0.373 USD per share quarterly, or from $1.42 USD to $1.492 USD per share annually.   This is an increase of 5.07%.  

I currently own 118 shares of Brookfield Renewables Corporation. This increase adds $8.50 USD to my annual dividend income.  At the time of this writing, this is equivalent to $12.15 CAD.

Dividend Decreases

There were no dividend decreases in January 2025.  

 

Summary: 

As of February 9, 2025, the total value of the portfolio is  $252708.59 CAD . This is a 0.73% decrease over last month's total.  

The portfolio is estimated to produce an estimate $13051.86 CAD in dividend income over the next 12 months. This is an increase of of 52.98 CAD , or 0.408%. Some of the dividends in the Canadian stocks section are paid in US dollars, which are converted to Canadian dollars.

Googlesheets is still not operating properly.  So, I had to manually enter the market value for the REITS, BEP.UN, and BPF.UN.

Dividend increases or decreases announced already for February 2025, will be included in the next portfolio update. 

 

Please Note: Positions in Restaurant Brands International (QSR.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. 

Disclosure: Long 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.ir financial situation and tolerance for risk.

Dividend Income Update - December 2024

                       

The month of December 2024 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!

Update on paying myself first. At the start of August 2022, I now pay myself 35%.  This will consist of 25% to investing and 10% to savings. 

At the start of January 2024, I allocated 27% to investing and 10% to savings. 

Starting July 2024, I started allocating 30% to investing and 10% savings.

Note: All the dividends and totals below are in Canadian Dollars

I received a total of $1014.86 in dividend income for the month of December 2024. This represents a 0.279% decrease from 3 months ago and a 44.4% increase year over year.

I received dividend / distribution income from 15 different companies.

I received $0.00 in net option premiums within my investment accounts in December 2024.

Below is a visual of my dividend totals for the last 5 years.

Click To Enlarge

Most of my dividend income usually comes from my margin account.  As more investments and DRIPs are made inside TFSA, the percentage of dividend income for the TFSA is increasing.  In fact, the percentage of income from the TFSA surpassed the income from the margin account.

Click To Enlarge

Next, I will show the percentage of total income for each position.

Click To Enlarge

In 2023, I received $8106.02 in dividends. In 2024, I received $11293.80 in dividends. This is an increase of 39.33% in 2024 over the same period in 2023. 

The graph below shows my total dividend income, as per the blog, since 2012. 

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 December 2024?

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 - December 2024

 The month of December 2024 as end and what a month!

In Canada, The federal finance minister resigned the morning of the same day she was to present the fall economic statement.  The federal finance minister was offered another position in the federal cabinet, but resigned instead as she felt she didn't have the confidence of the Prime Minister.

The opposition parties were all over this and pushing more and more for the Prime Minister of Canada to resign.  The Prime Minister has cancelled all his year-end interviews with the major news channels and is keeping quiet.  

Parliament is set to resume on January 27 2025.  There has been ongoing calls for the Prime Minister to resign, including those in the liberal government. 

This ongoing tension is affecting the markets and business in Canada.  On top of this, Donald Trump will be sworn in as president of the US on January 20th.  Shortly after a US president is sworn in, there could be immediately changes that happen and these changes can affect the markets. 

The S&P500 was down 2.37% over the past month.  

The S&P TSX Composite Index was down 2.21% over the past month.

Portfolio Activity

Margin Account Activity

On November 18th, I sold 2 Dec202024 RCI.B.TO $49 put options at $0.65 for a net premium of $118.05 after commissions.  As the option seller, I am paid this net premium.

This option was assigned as the price of the stock was below $49.00 at expiration. 

Strike Price = $49.00

# of contracts = 2

Net Premium = $118.05

Assignment Fee = $24.95

The adjusted cost base of this purchase is $9706.90  (2*100*$49.00-118.05+24.95).  Currently,  Rogers Communicaton Class B  (RCI.B.TO) pays a dividend of $0.50 CAD per share quarterly, or $2.00 CAD per share annually.  The yield on cost for this purchase is 4.12%. 

This put option assignment adds $400.00 CAD to my annual dividend income.

TFSA Activity

There has been no activity in this account since the last update.   

Shares Purchased Via DRIP

1 unit of REI.UN @ $18.70201 for a total cost of $18.70 (TFSA)

1 unit of KMP.UN @ $17.7235for a total cost of $17.72 (TFSA)

1 unit of SRU.UN @ $25.47918 for a total cost of $25.48 CAD (TFSA)

7 shares of TTNM.TO @ $2.3235 for a total cost of $16.26 (TFSA)

1 share of MFC.TO @ $43.12926 for a total cost of $43.13 (TFSA)

1 share of AW.TO @ $36.73418 for a total cost of $36.73 CAD (TFSA)

2 units of BEP.UN @ $23.10927US for a total cost of $66.34 CAD (TFSA)

3  units of BPF.UN @ $17.7535 CAD  for a total cost of $53.26 CAD (TFSA)

5 shares of T.TO @ $19.64178 CAD for a total cost of $98.21 CAD (TFSA)

Brookfield Renewable Corporation (BEPC) changed its corporation structure with a share restructuring.  Therefore, at the time of this writing, a dividend was paid but there is no sign of new shares via DRIP.

  

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.  

Dividend Increases

On December 3rd, Enbridge Inc  (ENB.TO) increased their dividend from $0.915 CAD to $0.9425 per share quarterly, or from $3.66 CAD to $3.77 CAD per share annually.   This is an increase of 3.01%.  

I currently own 359.278 shares of Enbridge. This increase adds $39.52 CAD to my annual dividend income.

On December 4th, Royal Bank of Canada  (RY.TO) increased their dividend from $1.42 CAD to $1.48 CAD per share quarterly, or from $5.68 CAD to $5.92 CAD per share annually.   This is an increase of 4.23%.  

I currently own 56 shares of Royal Bank. This increase adds $13.44 CAD to my annual dividend income.

On December 5th, Canadian Imperial Bank Of Commerce "CIBC"  (CM.TO) increased their dividend from $0.90 CAD to $0.97 CAD per share quarterly, or from $3.60 CAD to $3.88 CAD per share annually.   This is an increase of 7.78%.  

I currently own 220 shares of CIBC. This increase adds $61.60 CAD to my annual dividend income.

On December 5th, Bank of Montreal  (BMO.TO) increased their dividend from $1.55 CAD to $1.59 CAD per share quarterly, or from $6.20 CAD to $6.36 CAD per share annually.   This is an increase of 2.58%.  

I currently own 85 shares of Bank of Montreal. This increase adds $13.60 CAD to my annual dividend income.

On December 5th, TD Bank  (TD.TO) increased their dividend from $1.02 CAD to $1.05 CAD per share quarterly, or from $4.08CAD to $4.20 CAD per share annually.   This is an increase of 2.94%.  

I owned 205 shares of TD Bank the day of the announcement. This increase adds $24.60 CAD to my annual dividend income.

On December 9th, Boston Pizza Royalties Income Fund (BPF.UN) increased their distribution from $0.113 CAD to $0.115 CAD per unit monthly, or from $1.356 CAD to $1.38 CAD per share annually.   This is an increase of 1.77%.  On top of this increase, a one time special distribution was announced of $0.075 per unit.

Dividend Decreases

There were no dividend decreases in December 2024.  

 

Summary: 

As of January 4, 2025, the total value of the portfolio is  $254567.25 CAD . This is a 1.863% decrease over last month's total.  

The portfolio is estimated to produce an estimate $12998.88 CAD in dividend income over the next 12 months. This is an increase of of 626.98 CAD , or 5.07%. Some of the dividends in the Canadian stocks section are paid in US dollars, which are converted to Canadian dollars.

Googlesheets is still not operating properly.  So, I had to manually enter the market value for the REITS, BEP.UN, and BPF.UN.

Dividend increases or decreases announced already for December 2024, will be included in the next portfolio update. 

 

Please Note: Positions in Restaurant Brands International (QSR.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. 

Disclosure: Long 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.ir financial situation and tolerance for risk.