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.
12 Companies paid us this month.
|Stocks||November 2017 Income||November 2018 Income|
|Auto Properties Reit||3.62||sold|
|Proctor & Gamble||0||17.21|
|National Bank of Canada||20.88||22.32|
|CVS Healthcare - USD||8.50||15.50|
|Shaw||29.72 (1 drip)||30.91 (One Drip)|
|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)|
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.
- Sold Boardwalk reit a loss of 22.13
- Corus Entertainment switched its dividend from monthly to quarterly. A loss of $9.79
- Potash Corp no longer pays in this month – 17.21
Private Investment Payment – $500.00
Nothing new here, just our regular monthly payment
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
Amount to Breakeven —- $29,920.24
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
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?
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.