Passive Income – November 2019

santa

I swear he’s not sleeping

Passive Income – November 2019

Ho Ho Ho.

Santa’s coming! November is done and here we are rolling up in December. While I hate the cold, I love Christmas. It is a really fun time to be a parent. We busted out the elf this morning with the advent calendars and our son lite right up. He’s currently writing a letter to the elf as we speak. November was a busy month, but enjoyable.

  • Got all those leaves cleaned up – close to 40 bags, haha……
  • I framed and and started flooding our back yard hockey rink it’s 25′ x 45′
  • With a buddy (electrician) installed pot lights on our entire main floor. Now to finish up that mudding and painting…. fun fun
  • For the second year, I participated and raised money for Movember. Last year I raised $170 and this year I raised $270. It’s a great thing to do and its nice to see how the stache can look. Its gone now though, smooth as a baby’s bum!
  • The leaf’s shook things up and look like a whole different team. This is what it’s all about. Now get a backup goalie Duba’s! Exciting stuff. Go Leaf’s
  • We went to a couple Christmas parades.

Ho Ho Ho. Now let’s get to the money….

Raises or Cuts

This month we received 2 dividend raises. Unfortunately Disney and Interpipeline didn’t announce one in November, like they did last year.

  • Abbvie raised theirs 10.3% – This added $21.56 to our forward income.
  • Telus raised theirs 3.6% – This added $7.76 to our forward income. This is Telus’s 2nd raise of the year.

Total Added Income from Dividend Raises so far in 2019 – $‭203.45




July 2019 Passive Income

Dividend Income

12 Companies paid us this month.

StocksNovember 2018 IncomeNovember 2019 Income
Totals292.61330.54
Abbvie - usd052.43
Proctor & Gamble - usd17.2117.90
National Bank of Canada22.3224.48
Altagas5.482.40
Sienna Senior2.45sold
BMO16.3217.51
CVS Healthcare - USD15.5015.50
ZDY Etf7.67sold
Shaw30.91 (One Drip)sold
Emera54.05(One Drip)58.80 (One Drip)
Riocan40.08 (One Drip)29.52 (One Drip)
Interpipeline028.50 (One Drip)
Extendicare16.92 (2 Drips)17.84 (2 Drip's)
General Mills - USD63.70 (One Drip)65.66 (One Drip)

6 stocks Dripped in November.

November 2019 Dividend Total = $330.54 A 12.96% growth rate. Not bad

November 2018 Dividend Total = $292.61 (Previous Dividend Income)

Our Drips (Dividend Reinvestment Program) added $8.52 to our yearly forward dividend’s this month.

nov2019dividends

A 12.96% growth rate? I’m actually kinda happy with that. I haven’t bought any stocks for these months in long time. Also got to love those 2 dividend raises. Especially the Abbvie one. The reason I didn’t back the truck up when they were in the 60’s was because I was worried about the dividend and that growth specifically. Clearly management remains optimistic with a raise like that.

Trailing 12 Month Return

nov2019trailing

I will continue to include our trailing 12 month returns moving forward. It went up slightly since last month. But our rrsp is actually the account holding this back, which is surprising to me.

Here’s the return of each account

  • Tfsa 1 – 26.62% National Bank, Algonquin Power and Brookfield Renewable have been killing it!
  • Tfsa 2 – 17.53% This holds our transcontinental position as well as altagas. (2 losers this year)
  • Resp – 18.05% Every stock is in the green in this area.
  • Rrsp – 14.48% I’m surprised to see this being the lowest. Cisco has came down a lot though this year

Overall the 19.37% is pretty good though and again I don’t know if that includes the dividend yield there or not. If not add another 4% and change.

 


Other Income

Private Investment Payment – $500.00

Nothing new here, just our regular monthly payment. (I don’t even have to edit this part every month) Steady Eddy…….


Solar Income

In October (We always get paid a month later) our solar panel system generated 500 kWh. Since we bring in a fixed rate of 28.8 cents per kilowatt hour, Hydro One deposited $144 into our chequing account this month.

22 bucks more than last year, so that’s good!

Total Income for 2019 so far – $2,389.23‬

System Installed January 2018

Total System Cost ——–$32,396.46

Total Income Received ——–$4,905.19

_____________________________________________

Amount to Break even —- $–27,491.27





Passive Income - November 2019

Total November 2019 Passive Income – $‭974.54

Total Passive Income Increase over last year. – 6.47%

A minor growth rate, but a growth rate nonetheless. Too many sales and shifts in the portfolio and money has been flowing into the other months. Just got to keep at it.

Passive Income - November 2019

Totals For 2019

Dividends Year To Date Total – $5,134.15
Other Passive Income Year to date – $‭8,483.81
Total Passive Income for 2019 —– $13,617.96
Year End Goal – $15,500 ——– %87.85


Passive Income - November 2019

November 2019 Purchases

At the beginning of the month we added 11 shares of Disney to the portfolio. Towards the end of November we added to our position in Brookfield Property Partners by 41 shares.

In total those 2 purchases added $73.48 usd to our forward income.

Goals Update
  • I want to read 10 books this year. I started reading the intelligent investor this month by Benjamin Graham. It comes highly recommended by a lot of people, but its a thick book so it may take a bit to finish. (I Don’t include audio Books).
  • Get A Will – DONE. You can read about that here.
  • Picked up some Garbage – Meh, grabbed some. Didn’t really go out of my way this month.
  • Charities – Continued our monthly $50 donation to The Nature Conservancy of Canada. As I mentioned earlier, I did movember again. Contributed 50 bucks but raised 270$
  • Increase Dividends by $1,100 this year. With New Purchases, Drips and Dividend Raises this month we added $111.32 to our dividend Portfolio. So far in 2019 we have added $1018.76 (%92.61 of our goal.) (Lost $446.94 on sale for car, but want to keep this separate)
  • Reduce Screen Time before BedFail….. Get off that dam phone man!
Conclusion

Overall a good month. There was some growth there and 2 dividend raises. Will I hit our 2019 passive income goal this year? Doesn’t look good. We will hit that goal for increasing dividends though minus the car sales.

I doubt I will read 10 books this year, but maybe I’ll include kids books going forward. Heck I read one of those every night!

This is the game that is life though, you win some and lose some. Just got to keep your chin up and keep moving forward.

Wish you all the best, Cheers! That concludes our November 2019 Passive Income Report.

“The Soul needs both rain and sun to grow to it’s full potential” – Susan Gale

How was your month? Setting new records? Which stocks are you contemplating adding currently?

 

24 Responses

  1. I’m not even gonna comment about the trailing returns, or the growth rates…killin’ it as usual…….but I do need to comment on that GREASY stache’…..haha

  2. Looks like another solid month here Rob. Nice buy of Disney in the month. Congrats on the two raises you received. Huge congrats on raising that money, it’s such a worthy cause.
    Matthew Freeman recently posted…November 2019 Dividend IncomeMy Profile

  3. German says:

    Good job on setting up the skating rink. The kids must loving it! As far as portfolio goes, great returns, but the growth have slow down. But that’s fine, it will pick up next year. I’m sure! What are your plans for 2020?

    • Rob says:

      Thanks German

      Yeah once it completely frozen the kids will love it. Yeah growth has slowed, hopefully it picks up.
      Plans as in goals? I really havent spent much time thinking about that yet. you?
      cheers Rob

      • German says:

        I meant investment strategies and stock picks for 2020. For me, I will continue with monthly contributions and monthly purchases. I will keep on adding banks, utilities, and other big companies.
        German recently posted…Portfolio Value Update – November 2019My Profile

        • Rob says:

          oh.

          Basically the same keep our monthly contributions. I’m debating starting a x north american etf for some international exposure, but havent looked to far into it.

          I’d love to start a position in Cat, bip and bam but waiting for a pullback on those.

          This month will most likely be bce to max the resp for the year and hopefully get it dripping.

          Cnr is right around 5% of our portfolio and probably is my favorite stock, so if it drops to 4.9% I’ll top it up haha.

          Let’s see what the market decides to serve up for us.

          cheers man

  4. Congrats on the solid month. Brookfield Renewable has been on a tear the last several months. I was glad I bought it when I did. Should be a great long term holding.
    Investing Pursuits recently posted…Dividend Income Update: November 2019My Profile

    • Rob says:

      thanks Pursuit

      Yeah bep has had quite the run, wonder if it will keep going at this rate? I think the big money is slowly moving their money from oil and gas to renewable’s.
      cheers

  5. Another great month of impressive passive income! Congrats! All growth is good, even if it is single digits at times. Keep up the awesome work! 🙂
    My Dividend Dynasty recently posted…November 2019 Dividend IncomeMy Profile

  6. Can’t believe it’s December already, feels like this year has flown by!

    Another solid month for you my friend 🙂 Keep at it!

  7. PCI –

    Looking great, if you ask me. Want to start adding how much solar income you received in 2018 – that way, we can compare/see each period’s results? Would love to see it!

    -Lanny

  8. John says:

    Great month Rob! 12% growth is nothing to sneeze at. BPY is a solid value play. I have a position that I plan to add to fairly soon (although they aren’t great from a tax perspective, so I will probably wait for new TFSA room in January).

    Month 2 of the quarter is also a big down month for me as well, dividend-wise. I am finally hitting one year of monthly tracking however, so this is the first time I have been able to quantify changes at this level.

    A year ago I only had one position (BMO) which paid during this month of the quarter, plus a couple of bond ETFs paying monthly. This year, however, I have added positions in IPL, EMA & RY. That combined with a couple of increases at BMO and the low starting figure from Nov 2018 resulted in a YoY growth rate of 84%! Month two is still my lowest, but hopefully through 2020 it will claw its way closer to the other two.

    Take care, and I have to say that I am jealous of your ownership of Brookfield Renewable 😉

    John

    • Rob says:

      hey John

      wow, gotta love that. 84% is fantastic. Clearly you have added alot to your dividend portfolio over the last year. Great that now you track it and can see your progress in real time numbers. That’s key as it keeps the momentum going and inspires you to keep growing.
      I think overall the tsx lacks in dividend payers for these months, Id love to add Caterpillar in the future, but feel its overvalued at the moment. That would pump these months up a bit with a great dividend growth stock.

      Maybe I (we) should focus more on quarter over quarter growth that way we dont focus on pumping up off months, just for that reason.

      Anyways gotta love what your doing man, killing it.
      keep it up
      cheers

  9. Hey, Rob. The stache is gone again!? Do you get some strange stares thanks to the different look? All for a great cause though.
    Getting oh do close to that annual dividend income goal. Nice work. I’d bet a $700 dividend income month is in your near future. Maybe next month?
    Glad I got to share in that ABBV raise with you. Let’s hope for more double digit dividend raises in 2020.
    Engineering Dividends recently posted…Portfolio Thoughts (Nov. 2019)My Profile

    • Rob says:

      hey Paul

      Well I probably got more weird looks with the stache, since I didnt rock it for the last year. haha. Wifes happy its gone, I have my moments.

      700 would be sweet, Ill get there soon enough but I doubt next month. Ive kind of killed these months with all the sales for the cars. Its all good just got to replenish them. Its a long game, but these div raises definitely help. gotta love them
      cheers Paul!

  10. John says:

    Hey Rob,
    I’m a young investor starting to build my portfolio. The strategy I chose is dividend growth investing.
    My question to you is do you wait for a certain price to buy or just buy for the dividend? I noticed you commented on adding to your Bce position but it is currently trading at a PE of 19.5. Wouldn’t it be wiser to buy at a lower valuation to participate in the the company’s growth? Still new to this, love your blog and appreciate the help!

    • Rob says:

      hey John welcome and thanks for being a fan.

      Everyone’s way of investing can be a little different. Bell is one that definitely is not a steal at the moment, but I hold that one in our kids resp and have been slowly building a position in this year. With the end of 2019 near we have 1000 bucks more to max the resp. So I want to do that, also by buying bce we will most likely receive enough dividends per quarter to enable the drip. For me this is what its all about. Investing made easy!

      Also its in the resp so wont be pulling that investment out for 15-20 years. In that time I don’t think Ill care that I bought like 24 shares at this price.

      In general though you want to buy stocks at better values, but don’t skip out on the fair value ones either. You gotta decide which stocks you want as a core holding and slowly build those positions. You can try to time the market and buy them cheaper but that may take a long time or may not happen at all.

      Anyways best of luck John, keep me posted.
      cheers

  11. It seems that you had another great month, Rob! So many activities, good for you! I am especially amazed about the hockey rink.
    Of course, nice month in terms of passive income as well.
    Keep it up!

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