Passive Income – November 2019

Passive Income – November 2019

Ho Ho Ho.

Santa’s coming! November is done and here we are rolling up in December. While I hate the cold, I love Christmas. It is a really fun time to be a parent. We busted out the elf this morning with the advent calendars and our son lite right up. He’s currently writing a letter to the elf as we speak. November was a busy month, but enjoyable.

• Got all those leaves cleaned up – close to 40 bags, haha……
• I framed and and started flooding our back yard hockey rink it’s 25′ x 45′
• With a buddy (electrician) installed pot lights on our entire main floor. Now to finish up that mudding and painting…. fun fun
• For the second year, I participated and raised money for Movember. Last year I raised $170 and this year I raised $270. It’s a great thing to do and its nice to see how the stache can look. Its gone now though, smooth as a baby’s bum!
• The leaf’s shook things up and look like a whole different team. This is what it’s all about. Now get a backup goalie Duba’s! Exciting stuff. Go Leaf’s
• We went to a couple Christmas parades.

Ho Ho Ho. Now let’s get to the money….

Raises or Cuts

This month we received 2 dividend raises. Unfortunately Disney and Interpipeline didn’t announce one in November, like they did last year.

• Abbvie raised theirs 10.3% – This added $21.56 to our forward income.
  
• Telus raised theirs 3.6% – This added $7.76 to our forward income. This is Telus’s 2nd raise of the year.

Total Added Income from Dividend Raises so far in 2019 – $‭203.45

Dividend Income

12 Companies paid us this month.

Stocks	November 2018 Income	November 2019 Income
Abbvie - usd	0	52.43
Proctor & Gamble - usd	17.21	17.90
National Bank of Canada	22.32	24.48
Altagas	5.48	2.40
Sienna Senior	2.45	sold
BMO	16.32	17.51
CVS Healthcare - USD	15.50	15.50
ZDY Etf	7.67	sold
Shaw	30.91 (One Drip)	sold
Emera	54.05(One Drip)	58.80 (One Drip)
Riocan	40.08 (One Drip)	29.52 (One Drip)
Interpipeline	0	28.50 (One Drip)
Extendicare	16.92 (2 Drips)	17.84 (2 Drip's)
General Mills - USD	63.70 (One Drip)	65.66 (One Drip)
Totals	292.61	330.54

6 stocks Dripped in November.

November 2019 Dividend Total = $330.54 A 12.96% growth rate. Not bad

November 2018 Dividend Total = $292.61 (Previous Dividend Income)

Our Drips (Dividend Reinvestment Program) added $8.52 to our yearly forward dividend’s this month.

A 12.96% growth rate? I’m actually kinda happy with that. I haven’t bought any stocks for these months in long time. Also got to love those 2 dividend raises. Especially the Abbvie one. The reason I didn’t back the truck up when they were in the 60’s was because I was worried about the dividend and that growth specifically. Clearly management remains optimistic with a raise like that.

Trailing 12 Month Return

I will continue to include our trailing 12 month returns moving forward. It went up slightly since last month. But our rrsp is actually the account holding this back, which is surprising to me.

Here’s the return of each account

• Tfsa 1 – 26.62% National Bank, Algonquin Power and Brookfield Renewable have been killing it!
• Tfsa 2 – 17.53% This holds our transcontinental position as well as altagas. (2 losers this year)
• Resp – 18.05% Every stock is in the green in this area.
• Rrsp – 14.48% I’m surprised to see this being the lowest. Cisco has came down a lot though this year

Overall the 19.37% is pretty good though and again I don’t know if that includes the dividend yield there or not. If not add another 4% and change.

 

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Other Income

Private Investment Payment – $500.00

Nothing new here, just our regular monthly payment. (I don’t even have to edit this part every month) Steady Eddy…….

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Solar Income

In October (We always get paid a month later) our solar panel system generated 500 kWh. Since we bring in a fixed rate of 28.8 cents per kilowatt hour, Hydro One deposited $144 into our chequing account this month.

22 bucks more than last year, so that’s good!

Total Income for 2019 so far – $2,389.23‬

System Installed January 2018

Total System Cost ——–$32,396.46

Total Income Received ——–$4,905.19

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Amount to Break even —- $–27,491.27

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Total November 2019 Passive Income – $‭974.54

Total Passive Income Increase over last year. – 6.47%

A minor growth rate, but a growth rate nonetheless. Too many sales and shifts in the portfolio and money has been flowing into the other months. Just got to keep at it.

Totals For 2019

Dividends Year To Date Total – $5,134.15
Other Passive Income Year to date – $‭8,483.81
Total Passive Income for 2019 —– $13,617.96
Year End Goal – $15,500 ——– %87.85

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November 2019 Purchases

At the beginning of the month we added 11 shares of Disney to the portfolio. Towards the end of November we added to our position in Brookfield Property Partners by 41 shares.

In total those 2 purchases added $73.48 usd to our forward income.

Goals Update

• I want to read 10 books this year. I started reading the intelligent investor this month by Benjamin Graham. It comes highly recommended by a lot of people, but its a thick book so it may take a bit to finish. (I Don’t include audio Books).
• Get A Will – DONE. You can read about that here.
  
• Picked up some Garbage – Meh, grabbed some. Didn’t really go out of my way this month.
• Charities – Continued our monthly $50 donation to The Nature Conservancy of Canada. As I mentioned earlier, I did movember again. Contributed 50 bucks but raised 270$
• Increase Dividends by $1,100 this year. With New Purchases, Drips and Dividend Raises this month we added $111.32 to our dividend Portfolio. So far in 2019 we have added $1018.76 (%92.61 of our goal.) (Lost $446.94 on sale for car, but want to keep this separate)
• Reduce Screen Time before Bed – Fail….. Get off that dam phone man!
  

Conclusion

Overall a good month. There was some growth there and 2 dividend raises. Will I hit our 2019 passive income goal this year? Doesn’t look good. We will hit that goal for increasing dividends though minus the car sales.

I doubt I will read 10 books this year, but maybe I’ll include kids books going forward. Heck I read one of those every night!

This is the game that is life though, you win some and lose some. Just got to keep your chin up and keep moving forward.

Wish you all the best, Cheers! That concludes our November 2019 Passive Income Report.

“The Soul needs both rain and sun to grow to it’s full potential” – Susan Gale

How was your month? Setting new records? Which stocks are you contemplating adding currently?