July 2018 – Passive Income Update
July 2018 – Passive Income Update
Man oh Man, I’m having a very busy and excellent summer. It is seriously non-stop. We just returned from another camping trip for 5 days. This time we camped at Wheatley Provincial Park. The park is fantastic, and is up there with The Pinery as one of our favorite spots.
We kept busy and I didn’t even have time to make a couple casts. One day we decided to check out Pellee Island, by taking the ferry over. The wife and I decided we would walk the dog there with the kids, I thought the island was smaller and we could do the full loop. Boy was I wrong.
The cool thing is we were walking where there was literally no one…… At one point my dog stepped on this snake (It was basking in the sun along the lake.) Soon enough we saw tonnes among the rocks. Low and Behold they actually are a endangered species, The Lake Erie Water snake. Its sad that us humans keep creating new endangered species but really cool that we were lucky enough to see a lot of them.
The Island was fantastic and we will definitely be doing a weekend trip there in the future just us 2. The island has Pellee Island winery and a bunch of brew houses, so that would be cool.
Other than that July was filled with parties, wonderland, house work, the pool and beers with friends and family. Another great month in the books. On to the dividends!
Raises or Cuts
July was very uneventful on this front. From what I know our portfolio got 0 raises or cuts. Better than last months cut I guess.
Dividend Income
16 Companies paid us this month.
| Stocks | July 2017 Income | July 2018 Income |
|---|---|---|
| Restaurant Brands | 4.90 | 19.42 |
| Boardwalk Reit | 5.44 | 2.42 |
| Nutrien | 0 | 30.55 |
| Bank Of Nova Scotia | 0 | 10.66 |
| Disney | 0 | 16.80 |
| Altagas | 5.25 | 5.48 |
| Sienna Senior | 2.40 | 2.40 |
| Auto Property's | 3.62 | 0 |
| ZDY Etf | 3.29 | 7.67 |
| Aecon | 24.00 (One Drip) | 0 |
| Corus Entertainment | 9.79 | 19.86 (3 Drips) |
| Telus | 17.24 | 47.78 (One Drip) |
| TD Bank | 70.20 (One Drip) | 89.11 (One Drip) |
| Cisco | 0 | 43.89 (One Drip) |
| Shaw | 2.17 | 30.51 (One Drip) |
| Riocan | 18.80 | 39.60 (One Drip) |
| Extendicare | 15.12 (One Drip) | 16.60 (2 Drips) |
| Algonquin Power | 0 | 34.24 (2 Drips) |
| Totals | 182.22 | 416.99 |
Mmmmmmmmm. I love seeing this. A bunch of new companies Paying out this time. I love that we have received our first payments from Disney and BNS. It was also the first time we hit that $400 mark in this set of the quarter payments. Woot Woot! Seems to be a nice chunk of stocks dripping too, that may be my favorite thing.
July 2018 Dividend Total = $416.99 (%128.83 higher yr over yr)
July 2017 Dividend Total = $182.22 (Previous Dividend Income)
Our Drips (Dividend Reinvestment Program) added $14.13 to our yearly forward dividend’s this month. (This number will change once Corus initiates their dividend cut in Sept)
Other Income
Private Investment Payment – $500.00
Solar Panel Income – $410.69
Amazon Affiliate – $14.24
This is my first payment from Amazon, Thanks to whoever bought the new shoes and Car parts. Nothing I promote but they got to amazon through one of my links for books. I really appreciate the support. Feel free to use one of my links whenever you buy anything from Amazon, it costs you nothing but I get a small percentage of your purchase and a big smile on my face! Thanks Again.
(Shout out to Dividendgeek for getting me to make a pie chart to show where the income is coming from as a percentage. Pretty even this month! Thanks man, you continue to make me better)
Total July 2018 – Passive Income – $1341.92
Total Passive Income Increase over last year. – 13.5%
On a side note Last July we received a $500 bonus from rbc for switching our mortgage to them. Without that 500 we would have a Increase of 96.69%
Totals For 2018
Dividends Year To Date Total – $2874.48
Other Passive Income Year to date – $5270.57
Total Passive Income for 2018 —– $8145.05
Year End Goal – $15,000 ——–%54.30
July 2018 Purchases
Conclusion
Was it a good month? Id say so. These dividend totals keep creeping up. The sun is shining so the panels are throwing down some watts. The private investment keeps pumping out, and Amazon threw down for the first time ever. Thanks again.
The year over year growth as a percentage isn’t in the 1000 area anymore. haha, but we all saw that coming.
The weather is fantastic, bugs have kind of dwindled down, we are all healthy, Life is good. Crack a beer and enjoy it!
Cheers
How was your month? Do anything cool? Hows your dividends?
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.
Doing very well my dear Rob, nice pie chart indeed 😉
The growth is still rather good if you’d ask me! Well over $1300 in passive income is superb.
hey cheese!
Thanks, got to say i love the pie. Glad to be convinced to do it.
cheers!
Congrats man! Looks like you are having one hell of a summer.
Also that YoY growth on dividends from last July is crazy! Keep it up.
haha Thx man!
I dont own a cottage/ cabin like you do or did! That would certainly make it better, no complaints though. lucky the wife is cool with camping!
cheers
Great Month PCI! Love a triple digit YOY increase in dividend income. You have build a very impressive passive income machine. Very nice. Keep up the great work! 🙂
hey Dynasty
Thanks mate! Got to love the growth, proves it works.
Time to check your month out!
cheers
Another great month congrats Rob. Big increase over 2017 I really like some of the stocks that paid you in July. Keep up the good work.
hey Matt
thanks man, i like them too!
cheers
Five new dividend payers in July… nice work! Love the YoY dividend growth of over 100%, too. You’ve got it all working, including new income streams (Amazon). The passive income just keeps growing… the future looks bright, Rob!
hey Engineer
Thanks, alot of great things continue to be happening. Living the dream.
Hope you are as well.
cheers
Hi Rob,
Sounds like you are having a great summer. I am not big on camping but glad your wife is!
Nice increase in dividend from last year.
But I mostly really like that other passive income of $500. When can we get in?:)
Cheers
hey Caroline
Me too! So many girls only like to go glamping… Not me, haha Although i do prefer the popup tents!
I have had a couple people ask about that investment. I think by law they cant advertise it or something like that. So i got to keep it hush hush..
see if anything changes in the future.
cheers
My new Nike shoes fit great. And I will get the wiper blades and oil filter installed on my car next week. Great work. 🙂 Tom
haha Tom!
You had me man, I couldn’t figure out your comment. Had to reread my post.
Those werent what got bought but you can surely buy em! lol
Thanks man
cheers!
Thanks for sharing, Rob! It looks like you’re having an awesome summer. I also think it’s sad that humans keep causing species to become extinct.
Congrats on cracking $400 in dividends this month! 123.83% YOY growth is impressive! That’s awesome that you earned some extra money through Amazon too.
As for my July dividends, I haven’t posted them yet because one of my positions is a share purchasing plan through my employer. For whatever reason the dividend gets deposited to my brokerage account late. It will be approximately 10 times less than your July, but it will be a new record for me lol. Hope you’re enjoying the weekend man!
thanks Graham!
Its all good man, growth is growth. That is all that matters.
C.a.n.i
Continous and non stop improvements – Tony Robbins.
That is all that matters. keep doing what your doing!
cheers
Thanks for the shout out Rob. Pie chart looks good. Next up try using JavaScript to make it more interactive. You could also try Google sheets. Your dividend increases this year have been astronomical. I am looking forward to your 2019 dividends 🙂
np man
thanks Ill try it next month.
Hopefully the growth continues and 2019 will kill it!
cheers mate
Wow, how big is that snake?
haha she thinks its pretty big.
That’s all that matters right?
=)
Walked right into that, didn’t I lol
haha!
Amazing freaking month Rob! I love the stock update and the great dividend income summary. Those pictures are awesome and that is crazy that you ran into the snake. That this was pretty big. I would have been on the other side of the island once I realized I was that close to it.
Bert
haha
Thanks Bert.
I just pushed the wife infront of me, incase it wanted to attack. =)
cheers mate!
Congrats man! What a huge jump in earning from last year! Nice!
Thanks German.
Little buys monthly can create a nice ripple effect.
cheers
Congrats Rob. It seems that you have a great summer. Besides, the snake looks scary, haha.
Keep up your great work and wish you all the best!!!
thanks Luna
Ahhhh was a decent size, but they aint gonna hurt you.
cheers