April 2017 Dividend Income

April 2017 Passive Income Update

The sun is shining, I’m already getting the itch to go camping and chill at the beach. Then reality sets in and it drops down to 7 degrees again. Trout opener started this week but I have been to busy. Next week I will go out and try some casts with some buddies at the river after work. The siding on our house has started and is 1/3rd done. The black flies have started earlier this year and are currently brutal at our house. This might be a good thing because last year may 2-4 long weekend was insane and we were basically inside the cottage all weekend. So here’s hoping they will calm down by then, I want to bust out the kayak that weekend and catch me some pike!

Our dividend income this month was under $100 but was a nice improvement over January’s Income. Slowly but surely. We got some U.S exposure this month. Thanks to the ones holding me accountable and constantly pointing that out to me. You make me better!

 April 2017 Dividend Income

Dividend Income
  • Telus ——– $16.80
  • Aecon ———- $23.88(1 Drip)
  • Restaurant Brands —— $4.79
  • Riocan ——– $7.05
  • Altagas ——– $5.30
  • Auto Properties —- $3.62
  • Boardwalk Reit —– $5.44
  • Sienna Senior —– $2.40
  • Extendicare —— $3.12
  • Corus Entertainment —– $9.79

April 2017 Total = $82.19(%568.21 higher yr over yr)

April 2016 Total = $12.30 (Previous Dividend Income)

Totals For 2017

Dividends Year To Date Total – $359.09
Other Passive Income Year to date – $ 250.00
Total Passive Gains for 2017 —– $609.09
Year End Goal – $2000.00 ——–%30.45 so far

We increased our net worth 0.84% over last month

 



 April 2017 Dividend Income

We purchased 47 shares of ZDY – BMO US dividend ETF.

  • The investment seeks to provide an exposure to a yield weighted portfolio of U.S dividend paying stocks and also seeks to provide unit holders with monthly distributions. The selected companies will have the potential for long term capital growth. Eligible securities will be selected using a rules based methodology that considers dividend growth, yield, and payout ratio and eligibility will be reviewed annually.

 

  • We also added $1000 to our emergency fund this month.

April again doesn’t have many purchases as we are in the middle of the exterior siding project. I didn’t purchase any of my April Stock Picks because I needed some exposure to the US. (Both are up in price since my posting)

 

41 Responses

  1. Leo T. Ly says:

    I am also getting very fond of receiving more and more dividends month over month. I have been revamping my portfolio and continues to buy more dividends stocks like ALA, ENF to increase my portfolio’s yield. I am hoping to complete the portfolio cleanup by the end of the year.

    Keep up the good work

    • Altagas has been a great stock dividend wise the stock has basically went sideways since I’ve purchased. I have looked into getting more but prefer enbridge (altho it’s dividend is lower) alot of people have enbridge income fund. I got to look more into that! Cheers Leo

  2. Very well done to you. I hope you can continue to increase these numbers over time. Cheers

  3. That’s gotta be a great feeling watching your YOY dividends increase so much. Looks like you are well on your way to living off of your passive income in the future 🙂 Thanks for sharing!!!

  4. Pellrider says:

    I have some dividend paying ETFs too. Congrats on your success in earning more dividends.

  5. DivHut says:

    Awesome results for April. That year over year gain just shows what dividend investing can achieve over time. Unfortunately for me, I’m not too familiar with many of the companies paying you. All I know is that Canada also has many solid long term dividend payers. Thanks for sharing!

  6. Team CF says:

    You are nicely on track for the year, well done mate! Keep this momentum going and you will do just fine 🙂

  7. Erik @ The Mastermind Within says:

    Nice work on increasing your emergency fund. You will never know when you will need it!!

    $2,000 in passive income is a great goal. Looking forward to reading more on it as we progress through 2017!

  8. Nice increase PCI. slowly but surely is the name of the game. 0.84% increase in net worth over one month might be a small percentage, but an increase, is an increase.

  9. Great month. Awesome YoY% growth too. Getting almost $100 in an off month is pretty good. Which means the next few months will only get better. Thanks for sharing.

    • Thanks. Next month might be lower since I didn’t quite work on that month. But currently transferring money over from brokers and mutual funds so once that comes over here we go!

  10. Wow. Very nice month PCI. Congrats on the great progress here and seeing a dividend growth rate like that motivates me to keep on pushing forward and trying to scrape together more funds to invest. Keep on inspiring my friend!

    Bert

  11. Nice work. That’s one heck of a year-over-year increase.

  12. Mr. Robot says:

    Nice overview, thanks for sharing!

  13. That’s a pretty sweet increase year over year! Hope that momentum continues for the rest of 2017.

  14. Hey I recently came across your blog over at the dividend diplomats and I’m now following you journey I also recently started my journey as well if you like you could see it over at my site. Oh and I am Canadian too lol

  15. John R says:

    well done on your April report, slowly but slowly you are getting there.

    I see you bought ZDY, FWIW you may also want to research other BMO EFT’s in particular the ‘covered call’ ETF’s

    http://www.newswire.ca/news-releases/bmo-asset-management-inc-announces-cash-distributions-for-bmo-exchange-traded-funds-619701903.html

    I reviewed ZWC, ZWU, ZPW and see there is some decent opportunity in those

    Also consider the beta on any stocks that you buy

    http://www.investopedia.com/terms/b/beta.asp

  16. John R says:

    let me add this for your consideration to your ZDY

    http://quote.morningstar.ca/QuickTakes/ETF/etf_ca.aspx?t=ZWH&region=CAN&culture=en-CA

  17. John R says:

    One more tool for you

    http://canada.swingtradebot.com/equities/CJR.B

  18. %568.21 higher yr over y bossing it congrats

  19. Thanks for sharing your April dividend income!
    I’m looking forward to the more consistent summer weather too.
    Great job on your dividend income this month. Riocan is REIT that I plan to own in the near future. Looking forward to your May income report!

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