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- 0 Dividend Raises
- 4 sources of passive Earnings
- $322.99 from dividends
- 5 shares dripped in August
Hey Hey Hey!
The market simply retains exhibiting inexperienced. Its truly just a little annoying, present me some pink! Haha You already know what I’m saying? I’m nonetheless in accumulation mode.
Life
What a unbelievable month. Life actually has been unbelievable recently for us (if we ignore all of the covid associated information) Its been scorching scorching scorching and we’ve been doing our greatest to get on the market and luxuriate in issues. Work laborious, play laborious!
- We began the month off with a household tenting journey to Darlington Provincial park. (there was 21 of us) It wasn’t my favorite park, just a little to shut to the town. However what it lacked in animals it made up with good dialog and simply hanging with the household.
- The next weekend my dad and mom watched the children and me and the spouse had a child free weekend at a buddy’s cottage. It was an enormous corn gap match. Usually Im fairly good, however the beers have been chilly and flowing properly. We misplaced our first 2 video games and have been knocked out. Through the night time the hosts employed a band and we had a full pressure live performance. It was unbelievable, nothing like listening to reside music as soon as once more. We additionally hit up the tubes, kayaks, atv’s and brisket.
- The youngsters each completed soccer for the season. They each obtained metals, everybody will get a trophy nowadays proper? My sons video games are getting extra aggressive so its enjoyable to look at, hes fairly good.
- The spouse’s birthday was this month. We went out for Mandarin! Oh yeah we did it, nothing like all you’ll be able to eat buffet. Obtained to take a seat proper by the large saltwater tank and the kiddos had a good time.
- We capped off the month with one other tenting journey to one more new park – Earl Rowe. The place was very nice. Sadly the pool was closed for covid and the seashore was closed as a consequence of ecoli. We nonetheless did some fishing, mountaineering and naturally roasting these marshmallows. I believe we’ll do that park out once more.
3 out of the 4 weekends we have been gone away. Its good however you additionally begin lacking dwelling… haha. September seems to be one other nice month, the season is brief – get on the market!
#blessed
Alright, Let’s Get To Our August 2021 Passive Earnings
Raises or Cuts
But once more no raises however I’m considering Microsoft, Normal Mills and Lockheed Martin will come by this month.
Complete Added Earnings from Dividend Raises in 2021 – $122.74
August 2021 Dividend Earnings
6 Corporations paid us this month.
| Shares | August 2020 Earnings | August 2021 Earnings |
|---|---|---|
| Riocan | 30.72 (2 Drips) | bought |
| Altagas | 2.40 | bought |
| Interpipeline | 8.32 | bought |
| BMO | 33.92 | bought |
| Extendicare | 18.72 (3 Drips) | bought |
| Proctor & Gamble | 18.98 USD | 20.88 |
| Abbvie | 82.60 USD | 91.00 usd |
| Nationwide Financial institution of Canada | 25.56 | 41.18 |
| Rit ETF | 0 | 65.34 (3 Drips) |
| Sensible Facilities | 24.98 (1 Drip) | 32.68 (1 Drip) |
| Normal Mills | 67.13 (1 Drip) USD | 71.91 (1 Drip) usd |
| Totals | 313.33 | 322.99 |
5 shares Dripped in August
Clearly these months proceed to be our worst. We added to our nationwide financial institution place just lately in order that was good to see this month. Nonetheless gonna want much more shares to get that one dripping however slowly however absolutely it would develop.
In case your take a look at our Earlier Dividend Earnings Experiences.
Our Drips (Dividend Reinvestment Program) added $6.32 to our yearly ahead dividend’s this month
Different Earnings
Non-public Funding Cost – $500.00
Nothing new right here, simply our common month-to-month cost. (I don’t even need to edit this half each month) Regular Eddy…….
Photo voltaic Panel Earnings
In July (We at all times receives a commission a month later) our photo voltaic panel system generated 983 kWh. Since we herald a hard and fast charge of 28.8 cents per kilowatt hour, Hydro One deposited $283.39 into our chequing account this month.
Final July the system generated $339.55 One other month decrease, was this climate or that maple tree? I obtained to test our photo voltaic system app out and see if all of the panels are operating superb.
Complete Earnings for 2021 – $1,703.80
System Put in January 2018
Complete System Price ——–$32,396.46
Complete Earnings Obtained ——–$9,190.61
_____________________________________________
Quantity to Break even —- $-23,205.85
Questrade Affiliate
Because of a few of you for utilizing our questrade hyperlink we obtained 70 bucks in affiliate earnings. We proceed to make use of qt for our etf purchases month-to-month. Nationwide Financial institution just lately got here out with 0$ commissions so we could transfer all our accounts over there, however time will inform. Can’t actually complain about questrade charges.
Complete August 2021 Passive Earnings – $ 1,176.38
August 2020 Passive Earnings – $ 1,145.39
Complete Passive Earnings Enhance over final yr. – $30.99
A slight enhance remains to be a rise! Clearly I’ve been promoting off most of our month-to-month dividend payers and since that cash will get allotted to different months, it hurts these ones. All good so long as quarter over quarter continues to develop.
Totals For 2021
Dividends 12 months To Date Complete – $4,990.66
Different Passive Earnings 12 months thus far – $6,306.73
Complete Passive Earnings for 2021 —– $11,297.39
12 months Finish Purpose – $17,390.71 ——– %64.96
We must be getting 8.3% a month and with 8 months carried out we must be at 66.40%. These months at all times knock us barely behind, fortunately the opposite 2 months of the quarter knock us again up. Let’s Go!
August 2021 Purchases
I didn’t write a put up this previous month on our most up-to-date purchases however I did proceed to develop our portfolio.
Manulife Monetary
We purchased 75 shares shortly after their latest quarterly earnings. (which have been actually good)
- Beginning yield of 4.62%
- Payout ratio of round 40%
- 5 yr div development charge 10.90%
I plan on persevering with to develop this place. With the market persevering with to go inexperienced, this inventory nonetheless looks as if an excellent worth.
This buy added $84.00 to our ahead dividend whole.
Lockheed Martin
We added one other 4 shares to our lmt place.
Let’s be sincere the world is a large number for the time being. Particularly with what is going on in Afghanistan. Its unhappy to see. This inventory in my opinion is a superb place to be and its continues to be a undervalued broad moat inventory. I actually don’t see defence spending happening, if something I may see it going up on this political panorama. Additionally they will almost certainly announce a good dividend elevate in September. Candy!
- Beginning yield of two.90%
- Payout ratio of round 44.35%
- 5 yr div development charge 9.52%
This buy provides $41.60 in ahead dividends.
Xaw Etf
Added 10 extra xaw to the portfolio as properly.
Including about $4.06 =)
In whole we added $129.66 to that ahead earnings with these new purchases.
Monetary Objectives Replace
Charities
Enhance Dividends by $1,680.19 this yr. (bringing our ahead earnings from dividends to $8,329.13 a yr)
- With New Purchases, Drips, and Dividend Raises we continued to develop the scale of our dividend Portfolio. Complete elevated to this point in 2021 is $879.89 52.36% of our objective.
Etf Month-to-month Minimal Buy of $250
- This month we added 10 extra models of xaw etf.
- Questrade* is nice as a result of it affords free etf trades and cheaper inventory buying and selling choices than most Canadian brokers. $250.00 a month would kill us if we wanted to pay excessive buying and selling charges.
- * Be aware the questrade hyperlink is a affiliate hyperlink and at no extra value to you, I’d get just a little cost should you have been to enroll. You may get $50 in free trades by utilizing my hyperlink although.
August 2021 Passive Earnings Conclusion
One other nice month total, whereas the earnings is decrease in these months its slowly climbing up. Surprisingly with all of the issues we have been as much as this month we put a good quantity of capital to work. The group as a complete continues to set new information in dividend earnings. Dividend development investing is a good way to go. Stick with it everybody!
How was your August? Do something cool? Purchase any shares?
Cheers
Generally your pleasure is supply of your smile, however generally, your smile might be the supply of your pleasure – Thich Nhat Hanh
Hey I’m Rob, creator of Passive Canadian Earnings.
In 2011 me and my spouse had virtually $60,000 in debt and a detrimental $7,000 Internet Price. Via laborious work and monetary training we paid all that off. Now we’re specializing in rising our Passive Earnings Streams to make the cash work for us. Really feel Free to Observe alongside the Journey by clicking the Social Media hyperlinks beneath or subscribing to get notified of recent posts on the sidebar.
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