September 2018 – Passive Income
September 2018 – Passive Income
Here we go, October. The cold is making its way in. Its a nice change, when you work outside though. Our son already got his costume for Halloween – Mario. Time is just flying by!
September was another great month though, got some projects done around the house. We went to the Toronto Zoo a week or 2 ago. Unfortunately we thought our daughter would really enjoy it but she didn’t really notice the animals unless they moved. (shes 8 months old) Haha, me and our son loved it though.
The lil man started school again. Which is fantastic for all of us. I love hearing about what he’s learning new, and his classmates. The conversations are better when hes not at home all the time. He has 2 great teachers.
Other than that, not too much new.
Life is Good.
Raises or Cuts
I don’t think there was any news on this front in September. August had a tonne of raises, so its all good.
15 Companies paid us this month.
|Stocks||September 2017 Income||September 2018 Income|
|Auto Property Reit||3.62||sold|
|Canadian National Railway||NA||28.21|
|Richie Bros Auctions||20.61||sold|
|Canadian Utility's||NA||74.73 (Two Drip's)|
|Brookfield Renewable||60.36||68.45(One Drip)|
|Riocan||37.60||39.84 (One Drip)|
|Extendicare||15.20||16.76 (2 Drip's)|
|Enbridge||175.07||236.18 (4 Drip's)|
|Shaw||29.63||30.71 (1 Drip)|
|Corus Entertainment||9.79||20.62 (5 Drip's)|
16 Drips this month. Haha this is what its all about!
September 2018 Dividend Total = $605.19 (%22.24 higher yr over yr)
September 2017 Dividend Total = 495.05 (Previous Dividend Income)
Our Drips (Dividend Reinvestment Program) added $24.12 to our yearly forward dividend’s this month.
Private Investment Payment – $500.00
Solar Panel Income – $303.26
Google Adsense – 105.82
Total September 2018 – Passive Income – $1514.27
Total Passive Income Increase over last year. – 120.60%
Totals For 2018
Dividends Year To Date Total – $3790.77
Other Passive Income Year to date – $7021.79
Total Passive Income for 2018 —– $10812.56
Year End Goal – $15,000 ——–%72.08
August 2018 Purchases
First of all, I’d love to thanks all of you for your continued support and putting up with the ads on the site. This is the 2nd time google has paid me a bit and definitely helps cover the cost to run the site. That payment is a nice bonus and gets moved right into direct investing towards the next purchase.
This was the 2nd time ever our passive income sources tossed us over $1500 in passive income. It truly is amazing to see these numbers. To think in the beginning of 2017 we were lucky to see a month over 200 bucks. If you wonder how we did it, as I often get asked check out this post – How we Increased our Forward income by $12,000 in One Year.
Unfortunately our dividend income was actually lower this month, compared to 3 months ago. This was because of the sale of Richie Bros Auctions to fund a new car. That dropped $30 each quarterly payment. Luckily this is a long term game and we will be back to those previous levels soon enough.
Sounds like Canada and the U.S finally agreed upon a new Nafta agreement, That’s great for the markets. Although it will make the stocks I’m interested in purchasing this month more expensive =)
As I stated earlier it was another great month all across the board. I think this will be the last $1500 month until the Sun perks up again in the spring next year. The weather can really fluctuate these passive income reports! By then though hopefully we will be in the $1700 range.
How was your month? Did you set any new records?
Keep stacking those Div’s!
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.