Dividend Income & Portfolio Update

Personal Highlights

I am a bit late on this update -it’s been a crazy couple of weeks, and the temperature is heating up so I’ve been spending a lot of time outdoors.
Started coaching my son (Isaac’s) soccer two days a week. So far 2/4 have been rained out unfortunately, but it’s been fun!
Isaac turned 6 at the end of April, so we had a few different parties at our place.
Went to both Winnipeg Jets playoff games – which were pretty underwhelming, but still had a good time.
Took the wife out to a restaurant she hadn’t been to yet, played in a curling bonspiel, hosted an Easter dinner and finally got our new shelves installed!
New Shelves:
Officially booked some time off for the summer (our first summer in 13 years without a cabin)! So now we just have to decide what we want to do/where we want to go.
A friend of mine picked me up a bottle of one of my favorite bourbons from the states (we can’t get it here):

Financial Highlights for April:

Spent the remaining money in our TFSA:
Bought – 288 shares of Adentra (new position)
Bought – 1124 shares of Canadian Net Reit (added to position)
Received dividends from 12 companies and 2 funds. Dripped an additional 82 shares/units.
Dripped shares by year:
2023: 306 (so far)
2022: 733
2021: 603
April is one of my favorite months because I get to drip shares in a few of my favorite holdings (Equitable Group, GoEasy, Couche Tard & others)
Received dividend raises from Propel Holdings, Telus & Equitable Group.

TFSA’S:

Diversified Royalty Income: $34.24 (dripped 12 shares)

Telus: 69.87 (dripped 2 shares)

Algonquin Power: $159.32(dripped 13 shares)

Artis Reit: $53.00 (dripped 7 shares)

European Residential Reit: $24.14 (dripped 7 shares)

RBNK: $102.60 (dripped 4 shares)

First National: $80.40(dripped 2 shares)

Nexus Reit: $15.95 (dripped 1 share)

Canadian NET Reit: $43.13

TFSA’s Total: $582.65

RRSP:

Transcontinental: $224.10 (dripped 15 shares)

GoEasy: $420.48 (dripped 4 shares)

Alimentation Couche Tard: $85.12(dripped 1 share)

Equitable Group: $264.60 (dripped 4 shares)

Canadian Equity Income Distribution: $404.82 (dripped 10 units)

RRSP Total: $1399.12

Total Passive Income April 2023: $1981.77*

*29.4% of this was 100% Tax Free!

2023 Portfolio Update:

Portfolio increased 3.72% to $596,478.

Dividends in April were actually down compared to last year, but only because last year one of my funds paid out a special distribution.

Current forward dividend income is $19,231. This is the first time my projected annual dividend income crossed $19,000!

Cheers!

Month: May 2023