Dividend Income & Portfolio Update
Personal Highlights – September 2021
- September flew by. Things are slowly starting to feel a bit more normal (for us vaccinated folk), and we are starting to see some people again, go to restaurants more frequently and finally having that “light at the end of the tunnel” feeling
- Celebrated the wife’s 40th Birthday with a small group of friends and family – and surprised the wife with…..a DOG! He is a great Pyranese and he is going to be HUGE! We had a newfoundland for a long time so we are used to big dogs..but I have a feeling he is going to be much bigger. He just turned 4 months and is fitting in pretty great with the family. The kids absolutely love him and I think the wife was pretty happy too! I guess I kinda like him too :). Here is a pic the rescue put up after we adopted him (he is already MUCH bigger).
- Calendar is filling up like crazy. Holland started grade 1 and is doing great so far – she even got invited to her first bday party for a friend from school. Both Holland and Isaac are playing indoor soccer, and I registered for soccer as well which should start up soon.
- The Canadian Men’s soccer team had their first 3 games in the final round of World Cup Qualifying. They ended up with 2 draws and a win. They are in pretty good shape still – and play 3 more games in October against Mexico, Jamaica & Panama (Can’t wait)!
- Had a blind whisky tasting event which was a blast. Got to try 5 different scotches, and we were quizzed and questioned. Bourbon is still my favorite – but I have to say I am coming around on Scotch. My favorite from the tasting was a Bowmore Vault #2 Edition. Really good!
Financial Highlights for September:
- I didn’t make any stock purchases in September – but continued bi-weekly contributions to TFSA & Spousal RRSP.
- Still sitting on about 20% cash in my RRSP.
- Got dividends from 11 companies and 1 funds. Dripped an additional 38 shares/units.
- On pace to not have a single month under $500 in dividend income for the whole year. Assuming I deploy the cash in my RRSP by January 1st 2022, I am hoping next year I won’t have a single month under $1000.
- Since January 1st of 2021, I have received $8409.15 in dividends/distributions. 29% of that income is completley tax free. My goal is to get that % higher as I continue to work towards maxing out the TFSA’s.
Passive Income Update For September 2021.
Diversified Royalty Income: $26.62 (dripped 9 shares)
Artis Reit: $42.05 (dripped 3 shares)
Western Forest: $20.71 (dripped 10 shares)
European Residential Reit: $8.00 (dripped 1 share)
RBNK: $33.88 (dripped 1 share)
Interrent Reit: $4.50
Canadian Western Bank: $0.29
Manulife: $70.28 (dripped 2 shares)
Nexus Reit: $14.93 (dripped 1 share)
Canadian NET Reit: $9.40
TFSA’s Total: $230.66
Canadian Equity Income Distribution: $372.28 (dripped 10 shares)
Alimentation Couch Tard: $52.68 (dripped 1 share)
RRSP Total: $424.96
Total Passive Income August 2021: $655.62
It Finally happened…my portfolio actually decreased in value. This is the first time since the Covid crash that my portfolio has dipped more than 2% in a month. Am I worried? Nope – In fact I’ve been expecting a drop for a while and I think this may just be the beginning. Luckily I have been waiting for some buying opportunities, and am still sitting on over $100,000 in cash in my RRSP. This small dip doesn’t seem like a huge buying opportunity yet – but I will continue to monitor and if any of the main stocks on my watchlist continue to drop I may buy. The stocks/ETFs I am currently watching are: Equitable Group, Brookfield Asset Management, Visa, Disney & XAW. I am also looking to add to my positions in Manulife and RBNK. Total Portfolio Value now sits at: $526,458.52 (-2.12%)
Current Forward 12 month dividend income sits at: $10,741.51 – which is almost EXACTLY what I earned in all of 2020- the main difference being now I am sitting on about 20% cash.