September 2017 Passive Income
September 2017 Passive Income Report
Seinfeld – Helllllooooo
September came and went faster then I could even imagine. Down here the weather has been all over the place from lows of 4 degrees at nights to days over 40 degrees last weekend. Oh but global warming ain’t happening……… This was a great month for us. We decided to go to the Toronto air show, I haven’t been for like 10 years. It was awesome. I really enjoy jets and military planes, the kid loved it as well. I did a bunch of projects outside the house and finished the month off at the beach last weekend.
Our roof just got stripped and re-shingled it looks mint, ready for the solar panels! Its now waiting for the city to approve the building permit (putting panels on roof) and then they get installed. Stay tuned. The dividend front was really impressive and the TSX in general is taking off.
Dividend Income
17 Companies paid us this month.
- Russell Metals ——– 17.48
- Richie Bros Auctions – 20.61
- Corus Entertainment—- 9.79
- BMO zdy etf ———— 7.56
- IBM ——————- 27.00 usd
- Auto Propertys —— — 3.62
- Boardwalk Reit ——- 22.13
- Altagas ————– — 5.25
- Sienna Senior ———- 2.40
- Manulife Financial —- 6.15
- Cineplex ————— 11.20
- Shaw —————— 29.63 (1 Drip)
- Hydro One ————-44.00 (1 Drip)
- Riocan —————– 37.60 (1 Drip)
- Extendicare ———- 15.20 (1 Drip)
- Brookfield Renewables – 60.36 (1 Drip)
- Enbridge ————- 175.07 ( 3 Drips)
September 2017 Dividend Total = $495.05 (%559.27 higher yr over yr!!!!!)
September 2016 Dividend Total = $75.09 (Previous Dividend Income)
Our Drips (Dividend Reinvestment Program) added $13.14 to our yearly forward dividend’s this month!
Other Income
Private Investment Payment – $500.00
Total Passive Income Increase over last year. – 1225%
Totals For 2017
Dividends Year To Date Total – $1349.04
Other Passive Income Year to date – $ 2,250.00
Total Passive Gains for 2017 —– $3599.04
Year End Goal – $2000.00 ——–%100
New Year End Goal created end of August – $5500 (65.43% to new goal)
Our net worth went down slightly because of the new roof.
September Passive Income Purchases
To solidify our drip in Shaw we added to them. Highliner is a steal at current levels and BMO needed more shares in my portfolio. Banks should continue to do well after the recent interest hike.
We bought
- 11 Shares of BMO and 200 more Shaw Communications
- 150 Shares of Highliner
These purchases will continue to diversify and increase our Passive Income Stream.
Conclusion
Well that concludes our month of September 2017 passive income report. Another great month.
How was your income?
Beers & Cheers!
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.
WHOA! That’s a huge increase y/y and a pretty awesome total for the month too. Highliner looks interesting although it doesn’t like it trades on the american stock exchanges so I can’t really look into it!
Hey time. Thanks. Yeah highliner seems good the us market has a tonne of great stocks though. Cheers
Congrats on another great month! Hard to believe September is already over. The air show sounds like it was a blast. And definitely agree it’s nice to see the TSX finally perking up again!
Hey Jay thanks. Yeah it was a great time. I have mixed feelings of the tsx going up. Dunno if td will drip for me next month now! Haha
Hey PCI,
congrats, we have nearly the same amount of income in Sep…your increase of 559% yoy is insane. WoW. Keep it up!
Cheers
DividendSolutions
Hey solutions. Grats to you as well then got to check out your update. Thanks its a hell of a increase for sure!
Nice increase! Your private investment is awesome too.
Hey geek thanks it keeps going up! The other investment is a nice chunk of change.
Great Site,
Curious how you are able to purchase as much as you do
Hey Eric thanks. Always love seeing new faces. I think in june we refinanced our house so we could max out one tfsa, get solar panels and do a private investment. Seems like it was a great move and im slowly investing all those funds! Feel free to go through my posts im sure i did a post on it. Cheers man!
Great numbers I love that growth. Nice payout from Enbridge 🙂
Keep up the good work, I enjoy reading your posts.
Hey Matt thanks. Yeah love the enbridge payout!
Your welcome. My Enbridge payout increased over $30 in September thanks to my buys in May and June.
Thats a nice increase matt!
PCI that’s just a great report. Congrats on the huge increase from last year. Plus I just love the fact that you’re getting paid from so many sources. Well done.
Hey port thanks alot. Yeah 17 different companies is definally nice!
Wow! That is an amazing year over year growth! Congrats on the awesome month! 🙂
Thanks dynasty
Its definally nice to see that growth
I used to pay more attention to the dividends previously, but now, I am more concerned with the net worth increase on a quarter to quarter basis.
If my net worth is doing well, it means that my dividend income is contributing to the increase. I am so close to reaching my 10% increase in my net worth for the year. Hopefully, the fourth quarter is a good one.
Your networth increases are huge. Dividends are a great way to watch ot go up though! Haha
This is awesome, congratulations. Love your pictures in your posts haha.
Haha thanks dozer! Glad you like the pics.
That is an amazing increase YOY, well done.
Similar to Leo comment above, could you tell us what your YOY net worth change is – don’t need know the dollars, just the percentage, because I seem to remember you went into debt to borrow to invest for that private investment as well as for the solar panel?
Thanks
Hey John thanks!
Id say our net worth has increased 7-10%. The private investment still is in the asset category since we get the original investment back when we decide to pull out. The solar panels i negate the cost abit but it also does increase the value of the house. The increase of dividends and stock prices in general has also boosted it. Cheers!
Your killing it this month/ year. Lots of companies paying you. Big passive income numbers with more on the way. The growth percentage is huge as well. Hope you can keep this pace up.
Hey daze thanks alot! Yeah i hope it keeps up as well!
Insane yearly growth, shows how hard you’ve been working at saving this year. Didn’t realize you’re in Toronto, whereabouts in the city?
Super curious about the solar panels too, have thought a bit doing that as well. How much did that run you?
Hey Mr. Thanks. We live in the gta but on the outskirts kinda country. 1 hr to downtown Toronto. The 10 kw system will cost us 32k taxes in and will bring in roughly 3k a yr in the microfit program. Do you guys have that program there?
Yes! Yes! Yes! Congratulations PCI. Those results are simply amazing. Congratulations and keep up the great freaking work. And by the way I love all the pictures you included in the article and they made me laugh.
Take care,
Bert
Haha thanks Bert!
Good job any time you can beat your goals is awesome now if you can hit the second one. Keep up the good work
Woot thanks doug. I got to dream bigger!