November 2018 – Passive Income

November 2018 – Passive Income

Hey, November 2018 was a decent month, nothing special. We did get hit with like 4 inches of snow that wouldn’t melt, halfway through the month. It just melted so we are just finishing up the leaf cleanups for the season and then I’m done landscaping again. I already got a interview for a new job this Friday. Here’s hoping….. I don’t want to sit around this winter, like last winter. Stack them cheques!

How do you like that sweet beast of a stache? This was the first time I actually signed up for Movember and ending up raising 170 bucks for men’s health. Pretty dam cool if you ask me. Did you do it or support the cause?

Raises or Cuts

I bought Inter Pipeline after the raise but will still benefit from it. They boosted it by 2% this month

Telus also raised their dividend for the 2nd time this year. Boosting it by another 3.8%.

Disney boosted their semi annual dividend by 4 cents approximately a 5% raise.

 

Dividend Income

12 Companies paid us this month.

Stocks	November 2017 Income	November 2018 Income
Cineplex	11.20	sold
Auto Properties Reit	3.62	sold
Potash Corp	18.10	N/a
Proctor & Gamble	0	17.21
National Bank of Canada	20.88	22.32
Altagas	5.25	5.48
Sienna Senior	2.40	2.45
BMO	15.30	16.32
CVS Healthcare - USD	8.50	15.50
ZDY Etf	7.13	7.67
Boardwalk Reit	22.13	sold
Shaw	29.72 (1 drip)	30.91 (One Drip)
Emera	0	54.05(One Drip)
Corus Entertainment	9.79	n/a
Riocan	37.84 (1 drip)	40.08 (One Drip)
Extendicare	15.28 (1 drip)	16.92 (2 Drips)
General Mills - USD	61.74 (1 drip)	63.70 (One Drip)
Totals	268.88	292.61

6 Drips this month. Not bad…. but on the lower side, this quarter

November 2018 Dividend Total = $292.61 (%8.82 higher yr over yr)

November 2017 Dividend Total =$268.88 (Previous Dividend Income)

Our Drips (Dividend Reinvestment Program) added $7.90 to our yearly forward dividend’s this month.

 

A 8.8% year over year growth is my lowest in quite some time… A couple factors, but ultimately I haven’t found a solid buy to add to this part of the quarter in awhile. The other 2 months have been getting pumped up though. If I had US dollars Abbvie would be a great boost to these months.

1. Sold Boardwalk reit a loss of 22.13
2. Corus Entertainment switched its dividend from monthly to quarterly. A loss of $9.79
3. Potash Corp no longer pays in this month – 17.21

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Other Income

Private Investment Payment – $500.00

Nothing new here, just our regular monthly payment

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Solar Income

 

In October our solar panel system generated 426 kWh. Since we get paid a fixed rate of 28.8 cents per kilowatt hour Hydro One deposited $122.69 into our chequing account this month.

However, this is about half of last month’s production. The winter month’s are here and me and the panels don’t like that. haha!

System Installed January 2018

Total System Cost ——–$32,396.46

Total Income Received ——–$2476.22

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Amount to Breakeven —- $29,920.24

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Total November 2018 – Passive Income – $915.3

Total Passive Income Increase over last year. – 19.04%

Totals For 2018

Dividends Year To Date Total – $4451.83
Other Passive Income Year to date – $8405.03
Total Passive Income for 2018 —– $12856.86
Year End Goal – $15,000 ——–%85.71

November 2018 Purchases

• 29 Shares of Brookfield Renewable
• 56 Shares of Inter Pipeline Ltd

Conclusion

Over 900 bucks put into our accounts this month for doing absolutely nothing… Pretty good. However a little disappointing. This was our first month since February that we got less than a thousand bucks… Womp. Womp.. que Debbie downer

The funds just get put back to work to strengthen our dividend portfolio.

Our growth numbers as a percentage have went way down. I guess this is normal at the higher numbers, but I’d prefer them to be around the 20% rate. (Our overall passive income is around here though)

I know this is the lowest income producing months of the quarters each time though. Meanwhile, I have been putting more money into the other months as I feel there was better opportunities there. In short, I should try leveling out the months better.

Our Goal for the year most likely wont be realized. With $2200 to go and only one month remaining, it will be hard. I’m perfectly fine with that though. Last year our total income for 2017 was $6,328.41. That is a massive improvement, and sometimes we need to pat ourselves on the back for losses as well. haha!

Let’s see how close we can get though…

How was your November? Did you get any of those dividend raises?