Dividend Income Update - July 2025

                              

The month of July 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 $1485.31 in dividend income for the month of July 2025. This represents a 12.05% decrease  from 3 months ago and a 2.50% increase year over year.

I received dividend / distribution income from 14 different companies.

I received $24.01 in net option premiums within my investment accounts in July 2025.  I wrote a $62 put option on Fortis on July 4th with a July 25 2025 expiration date.  This option expired worthless. 

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

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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. 

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

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In the first seven of 2024, I received $6752.01 in dividends. In the first seven months of 2025, I received $7823.93 in dividends. This is an increase of 15.88% in 2025 over the same period in 2024. 

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

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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 July 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 - July 2025

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

The S&P500 was down 0.66% over the past month.  In the last 5 days, the S&P500 was down 2.50%. 

The S&P TSX Composite Index was down 0.05% over the past month.  In the last 5 days S&P TSX Composite Index was down 1.72% over the last 5 days.

Portfolio Activity

Margin Account Activity

On July 17,  I purchased 60 shares of Canadian National Railway (CNR.TO) at $140.68 for total cost of $8440.80 including commissions.  Currently, Canadian National Railway pays and annual dividend of $3.55 per share.  The yield on cost for this purchase is 2.52%.

On July 23,  I purchased 15  shares of Canadian National Railway (CNR.TO) at $131.13 for total cost of $1966.95 including commissions.  The yield on cost for this purchase is 2.71%.

On August 1,  I purchased 5 shares of Canadian National Railway (CNR.TO) at $127.85 for total cost of $639.25 including commissions.  The yield on cost for this purchase is 2.78%.

These purchases add $284.00 to my annual dividend income.

The adjusted cost basis for this position is $138.09.  I own Canadian National Railway is my TFSA and RRSP as well.  The TFSA is the biggest position.  In my margin account, I plan to take gains once it meets my sell price.  The gains will be used for other purposes, but the dividends will remain in the account. 

TFSA Activity

On July 22,  I purchased 11 units of Harvest Diversified High Income Shares ETF (HHIS.TO) at $12.88 per unit for total cost of $141.68 including commissions.  Currently, Harvest Diversified High Income Shares ETF  pays and annual dividend of $3.00 per unit.  The distribution is paid monthly.  The yield on cost for this purchase is 23.2%.

This purchase adds $33.00 to my annual dividend income. 

On August 1, 2025, I purchased 5 shares of Canadian National Railway (CNR.TO) at $127.95 for a total cost of $639.75 .  Currently, Canadian National Railway pays an annual dividend of $3.55 CAD per share.  The yield on cost for this purchase is 2.77%.

This purchase adds approximately $17.75 CAD to my annual dividend income.

Shares Purchased Via DRIP

1 unit of KMP.UN  @ $19.27077  for a total cost of $19.27 CAD (TFSA)

1 unit of SRU.UN @ $25.84477 for a total cost of $25.84 (TFSA)

3 shares of AQN.TO @ $5.8288 USD for a total cost of $23.97CAD (TFSA)

2 shares of TD.TO @ $101.30 for a total cost of $202.60 (TFSA)

1 unit of BPF.UN @ $19.44109 for a total cost of $19.44 (TFSA)

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

There has been no dividend increases in July 2025. 

Dividend Decreases

There has been no dividend decreases in July 2025.

Summary: 

As of August 3, 2025, the total value of the portfolio is $284336.72 CAD. This is a 0.345% increase over last month's total.

The portfolio is estimated to produce an estimate $12895.31 CAD in dividend income over the next 12 months. This is an increase of $439.50 CAD , or 3.53%. 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 April 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 financia