January 2018 – Passive Income
January 2018 – Passive Income
Hey
Wow February already? January was a fantastic month for us. Our little girl decided to make an appearance. After going to a ultrasound they mentioned that the baby is really small and really hasn’t grown the last week or 2. So they might as well induce the wife to have her. Go get some dinner and we will do it after, exciting times. They thought she was around 6 lbs which would of put her in the intensive care nursery. Luckily she popped out 6 lbs 10 ozs. All good! Feeding like a champ and the wife’s recovering great.
I worked on the site a bit, now you got that s after the http – ( makes it more secure) and fixed the error on our credit score. (house we sold 2 years ago still showed a massive balance) Both of which were on my 2018 game plan. Now let’s get to the income!
2 Stocks decided to Boost their Dividend for me
- Canadian Utilities Raised theirs 10.17%
- CNR Raised theirs by 10.3%
Dividend Income
15 Companies paid us this month.
Stocks | January 2018 Income |
---|---|
Telus | 17.68 |
Restaurant Brands | 5.23 |
Cineplex | 11.20 |
Boardwalk Reit | 5.44 |
Altagas | 5.48 |
Sienna Senior | 2.40 |
Cisco | 38.57 usd |
ZDY Etf | 8.10 |
Auto Property's | 3.62 |
Corus Entertainment | 18.62 (2 Drips) |
TD Bank | 78.60 (One Drip) |
Shaw | 30.03 (One Drip) |
Riocan | 38.07 (One Drip) |
Extendicare | 15.36 (One Drip) |
Algonquin Power | 29.04 (2 Drips) |
Totals | 307.44 |
January 2018 Dividend Total = $307.44 (%417.40 higher yr over yr)
January 2017 Dividend Total = $59.42 (Previous Dividend Income)
Our Drips (Dividend Reinvestment Program) added $8.71 to our yearly forward dividend’s this month!
Other Income
Private Investment Payment – $500.00
Cash Back Credit Card – $291.27
Total Passive Income This Month – $1098.71
Total Passive Income Increase over last year. – 255.08%
Totals For 2018
Dividends Year To Date Total – $307.44
Other Passive Income Year to date – $791.27
Total Passive Income for 2018 —– $1098.71
Year End Goal – $15,000 ——–%7.32
Last year our Total Passive Income was $6328.41. This goal seems massive but by having all our assets produce the entire year and new cash injections, hopefully we hit the target!
Our Net worth pulled back slightly after the tsx slid back recently.
December 2017 Purchases
- We Bought 200 Shares of Tahoe Resources. This is a capital gain move, sadly Tahoe doesn’t currently pay a dividend.
- We shuffled up our portfolio and sold hydro one, We added 1000 bucks and started a position in Canadian Utilities.
Conclusion
2 Months in a row we cleared over $1000 in passive income. How cool is that? Of course the credit card bonus pushed this one over. We technically got our first solar panel payment. They checked the meter 3 days after being hooked up. (when they check our meter to bill us) The panels were snow covered and brought in 55 cents in those 3 days.So we didn’t actually get money since the minimum payment is 5 bucks. Good to know everything is all setup and ready to go though! February should see our first real payment. Its crazy writing the income goal down on the page, its a massive jump. 2018 is going to be a great year!
How was your income? I Wish you all the best in 2018. May your dividends be huge and full of raises!
Cheers

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.
Wow! What a month for you. Congrats again on the birth of your daughter and the passive income generated. Which credit card do you use btw? Looking if there are better options than Tangerine card that I use now.
Best
R2R
Thanks again road
We use the rbc cash back card for simplicity. No fees on the card and since we have our mortgage with them , credit card and investments all our banking service fees are eliminated. I will be looking at getting another card for the wife. What I remember last year was scotia bank offered a huge cash back card. I need to check that out. Ill let you know what i find.
Cheers
Rob
What a spectacular month! You crushed it with that total passive income! What an amazing yoy increase also! I’ll have to follow your investments closer!
Hey diligent
Thanks, slowly but surely it keeps adding up. Id love it if you followed along!
Cheers
Fantastic increase year over year for your dividends. Incredible! Keep it going.
Thanks driven.
For sure, heres hoping the stocks go on sale!
Cheers
Fantastic increase! Where it will be in a couple of years? Keep it going!
We also had our baby girl appearance in January. Also holding CU and CNR.
Hey Income
woot woot! congrats are in order! Hopefully it will be pretty high in couple years. Lets say 25k in 5 years!
maybe ill look back at this comment in that time.
all the best
Rob
Love you progress mate. Your month on month growth is amazing and you make it happen every month. Congrats!
Hey geek
Haha thanks. It will slowdown soon enough, always upward though. Thats all that matters
Cheers man!
Awesome job over 1000.00 in passive income is great. Keep it up
Thanks alot Doug!
All the best
Cheers
This is awesome Rob! My goal this year is to hit $500 a month in dividend income! Glad to see you’ve done it already!
Hey Wally great goal.
Is that every month or just once atleast? Ive only gotten that once, but should be every 3 months now! got to pump these other months up.
Cheers Wally!
I’d like to hit it at least once in 2018, but every month would be a great goal for 2019 perhaps! I’ll be following along as you pump them up!
O ok nice. Well ill be rooting for ya man!
Cheers
What a great month! Congrats on your new baby girl! With that wonderful event, I believe you had the best month out of all of us! That is so awesome! And congrats on the great passive income as well! 😀
Hey Dynasty
Thanks alot, yeah definitely was a great month.
Cheers!
PCI –
Congratulations on more than just the income. Your baby looks great and healthy, so happy for you and the family. You are doing big things and the income you received was fricken awesome. Keep it up!
-Lanny
Hey Lanny
Thanks, yeah shes doing good. The income keeps improving. Should of started sooner!
Cheers
Rob
Wow that is some serious growth! Congrats on the baby too.
Thanks John!
Congrats on your baby girl!! And awesome work on the passive income!
Hope there’s some big, healthy growth from both in 2018!
Hey Frankie
Thanks alot.
Cheers to monster dividends!
Congrats on passive income and the growth. Keep it up!!
Hey pursuit thanks alot! Thats the plan.
Rob, Congrats and nice job all the way around. How was the https conversion? I need to do the same. Tom
Hey tom thanks
As for the conversion i just utubed it. Basicly setup a free account with cloudflare and sifn up for certificate wait for 24 hours and then get a ssl plugin. It was easy i just thought it was setup before 24 hours and kept getting frusterated. 24hrs later it worked perfect! Good luck
Congrats on your new born daughter! And amazing YOY increase with your dividend income, Rob! Sounds like 2018 is off to the perfect start. I haven’t posted my income for January yet, but it will definitely be an improvement over last quarter. Looking forward to your progress over the year.
Hey Graham.
Thanks, yeah definately a great start to the year. And now we get blessed with this pullback! Look forward to your income report, always love reading them!
Cheers
Congratulations on the baby! Must feel awesome to make money without even leaving her side. That’s the dream right there, build that stream so leaving her becomes a choice not a chore
Hey Evan
Welcome! Thanks alot.
You are right that is the dream. Do what I want whenever I want, give lots and leave something for the kids too!
Cheers!
Truly amazing growth, at this rate you will be able to quit your job early then expected I bet, keep it up 🙂
Hey Jimmy!
Thanks man, and welcome!
Maybe semi retirement… I can only cruise the world for soooo long before I get bored and want to go home!
WOW congrats on your baby daughter! I actually really enjoy the next few months, when they’re so tiny and sleep most of the day lol!
Haha its funny you say that…. i looked forward to that and missed it with our son…. Now that shes at that stage its just changing diapers watching her sleep wife breastfeed, change more diapers etc!
I look forward to when i can bottle feed her.
Cheers
Great work Rob! 🙂
Mark
Thanks Mark
Hi, Rob. That’s some awesome progress on that chart… the YoY growth is amazing. Keep it up. Most importantly, congrats on the new addition to your family.
I’m looking forward to reading more of your posts.
Hey Paul thanks alot.
It really does amaze me seeing this progress so quick. Thanks for the comment!
Cheers