February 2022 Dividend Update

Dividend Income & Portfolio Update

Personal Highlights – February 2022

• This is going to be a quick update. Not really feeling writing an update this month as everything kind of sucks in the world….but I haven’t missed one since I started, so I’ll do a quick one!

• Financial Highlights for February:

• I’ve been really focusing on maxing my TFSA out this year.  Very early on I never contributed to it at all – as I was only putting money into an RRSP.  I  have since switched my focus.  As of January 1st, I had $29,614 contribution room available.  In the first 2 months of the year I’ve been able to contribute $7000.  I am hopeful by the end of the year I’ll have this maxed out.  Once this is maxed out – we will focus on maxing out Amber’s(she has 50k+ room) and once that is done – we can start seriously looking at paying off house/early retirement.  I will write a longer post on this “plan” in the coming months.
• Made 3 purchases in February!  I bought the following:
  – 78 Shares of Brookfield Asset Management @ $69.00
  – 150 Shares of GoEasy Financial @ $155.00
  – 800 Shares of XAW @ $33.98
  These 3 purchases add an additional $1114.20 in dividend income.
• RBNK (Canadian Banking ETF) increased their dividend which now allows me to drip an additional share each quarter.  I plan to continue to add to this position as well as Brookfield.
• Received dividends from 7 companies and 1 funds.  Dripped an additional 28 shares/units.  Last year I dripped a total of 603 new shares.  So far this year I have dripped 114 in the first 2 months!

Passive Income Update For February 2022.

TFSA’S:

Diversified Royalty Income: $28.74 (dripped 10 shares)

Power Corp: $119.79 (dripped 2 shares)

Artis Reit: $49.60 (dripped 3 shares)

European Residential Reit: $7.80 (dripped 1 share)

RBNK: $60.61 (dripped 2 share)

Nexus Reit: $15.20 (dripped 1 share)

Canadian NET Reit: $10.64

TFSA’s Total: $292.38

RRSP:

Canadian Equity Income Distribution: $384.76 (dripped 10 units)**

** Fun Fact ** Since I started tracking my dividends in 2015 – this fund(RBC Canadian Equity Income Fund) has paid me over $25,000 in dividends (all reinvested into new shares)!

RRSP Total: $384.76

Total Passive Income February 2022:  $677.14

2022 Portfolio Update:

Portfolio increase 2.15% to $542,194.00!  

Dividends in February were up 16% YoY.  Last year I received 14,022 in dividends.  My forward 12 month dividend income is sitting at $14,361.02.  That doesn’t include any year end/special distributions.  I am hoping to get close to $18,000 by year end.

Here is my updated list of all holdings after my 3 new purchases:

Symbol	Name	Shares	Annual Div	Yearly Income	Account
AQN	Algonquin Power & Utilities	1036	$0.88	$911.68	J TFSA
ATD.B	Couche Tard	604	0.44	$265.76	J RRSP
AX.UN	Artis REIT	995	$0.60	$597.00	J TFSA
BAM.A	Brookfield Asset	78	$0.71	$55.38	J TFSA
CAE	CAE	245	$0.00	$0.00	J RRSP
CHR	Chorus Aviation	931	$0.00	$0.00	A TFSA
CWB	Canadian Western Bank	1	$1.16	$1.16	J TFSA
DIV	Diversified Royalty Income	1578	$0.22	$347.16	J TFSA
ERE.UN	European Residential Reit	590	$0.16	$94.40	J TFSA
EQB	Equitable Group	541	$1.12	$605.92	J RRSP
NET.UN	Canadian Net REIT (fronsac)	376	$0.34	$127.20	A TFSA
GSY	Go EASY	427	$3.64	$1,554.28	J RRSP
GRN.V	Greenlane Renewables	3719	$0.00	$0.00	J TFSA
GRN.V	Greenlane Renewables	20000	$0.00	$0.00	J RRSP
ITP	Intertape Polymer Group	275	$0.85	$234.03	A TFSA
ITP	Intertape Polymer Group	500	$0.85	$425.50	JRRSP
MFC	Manulife	492	1.32	$649.44	A TFSA
NFI	New Flyer Indiustries	693	$0.85	$589.05	J RRSP
NXR.UN	Nexus Reit	285	0.64	$182.40	A TFSA
RBNK	RBC CAD Bank Index	713	$0.96	$684.48	J TFSA
POW	Power Corp Of Canada	244	$1.98	$483.12	J TFSA
RBC MF	RBC US INDEX FUND	1242	$0.20	$248.40	A RRSP
RBF591	CA Equity Income Fund	3717.539	$1.24	$4,617.18	J RRSP
T	Telus	192	$1.31	$251.44	T TFSA
TCL.A	Transcontinental inc	944	$0.90	$849.60	J RRSP
WEF	Western Forest Products	2091	$0.04	$83.64	J TFSA
XAW	ISHARES ETF	838	$0.60	$502.80	J RRSP
Total	Updated Feb 2022			$14,361.02

Advertisement