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!
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
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)

Hey I’m Rob, creator of Passive Canadian Income.
In 2011 me and my wife had almost $60,000 in debt and a negative $7,000 Net Worth. Through hard work and financial education we paid all that off. Now we are focusing on increasing our Passive Income Streams to make the money work for us. Feel Free to Follow along the Journey by clicking the Social Media links below or subscribing to get notified of new posts on the sidebar.
I am also getting very fond of receiving more and more dividends month over month. I have been revamping my portfolio and continues to buy more dividends stocks like ALA, ENF to increase my portfolio’s yield. I am hoping to complete the portfolio cleanup by the end of the year.
Keep up the good work
Altagas has been a great stock dividend wise the stock has basically went sideways since I’ve purchased. I have looked into getting more but prefer enbridge (altho it’s dividend is lower) alot of people have enbridge income fund. I got to look more into that! Cheers Leo
Very well done to you. I hope you can continue to increase these numbers over time. Cheers
Continous and non stop improvements =)
That’s gotta be a great feeling watching your YOY dividends increase so much. Looks like you are well on your way to living off of your passive income in the future 🙂 Thanks for sharing!!!
For sure, got to get every month over 100$ tho. Haha
I have some dividend paying ETFs too. Congrats on your success in earning more dividends.
Thanks Pell. Will look into yours as well
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!
Np div. Why not take advantage of the current conversion rate and buy some cdn companies? Save 30% right off the top
Well, I already hold TD, BNS and RY. Looking at CM or BMO as potential adds one day.
Oh yeah think we talked about this before!
You are nicely on track for the year, well done mate! Keep this momentum going and you will do just fine 🙂
Hey cheese thanks. Yeah should make it no problem
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!
Thanks Erik. So true emergency’s happy like that. 2 weeks ago wife’s starter on her car went. 500 bucks later. Nice to have that money sitting there for stuff like that
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.
Thx for coming by port. Yeah as long as it go`s up its all good!
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!
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
Wow thanks Bert!
Nice work. That’s one heck of a year-over-year increase.
Thx gonna be hard to keep those #’s up tho
Nice overview, thanks for sharing!
Thx. Mr robot!
That’s a pretty sweet increase year over year! Hope that momentum continues for the rest of 2017.
Hey owen thanks, it should. The way things see going this month tho is crazy haha. So many expenses.
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
Hey welcome yardie. Will check it out for sure. Love the canadian sites to compare what everyone Is doing here. Congrats on the site. It’s fun and rewarding
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
Awesome John thanks! Want to add to my position of zdy first and then start diversifing into one or 2 more etfs. Dunno what this beta is about will look into it.
just watch the swings and volatility, try to cost average if you’re in this for the long run + yield & hedge where possible
Oh will do thx John!
let me add this for your consideration to your ZDY
http://quote.morningstar.ca/QuickTakes/ETF/etf_ca.aspx?t=ZWH®ion=CAN&culture=en-CA
One more tool for you
http://canada.swingtradebot.com/equities/CJR.B
%568.21 higher yr over y bossing it congrats
Thx alot yardie!
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!
Hey graham thanks for stopping by. I actually was just loolong at it. Personally I’m down 5% on it. Maybe a good time to buy.