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.
16 Companies paid us this month.
|Stocks||July 2017 Income||July 2018 Income|
|Bank Of Nova Scotia||0||10.66|
|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)|
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)
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
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!
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.