- 2 Dividend Raises
- 3 sources of passive Revenue
- $913.36 from dividends
- 18 shares dripped in October
One other nice month, the market continues to submit inexperienced however some shares had some very nice shopping for opportunitys. Inflation and provide points stay a problem. The availability points I preserve listening to actually makes me marvel if the market is in truth too excessive… however hey we are going to see. Christmas items could also be a problem this 12 months, we now have already began shopping for ours to keep away from a Arnold Schwarzenegger and Sinbad – Jingle all the way in which occasion.
This month was fairly quiet for us. Time flew by although, its loopy to assume its November already.
- We rented a pair cottages in wasaga and celebrated my dads sixty fifth birthday. A lot of household and his associates, an ideal volleyball sport and tonnes of meals.
- I did a sidejob or 2 on the weekends to usher in some further money.
- We began planning our trip for the winter. Simply me and the spouse this time – first time trip child free in virtually 9 years. I used to be actually into Costa Rica however our journey agent actually is telling us to not go there as a result of excessive covid atm.. Spouse needs Mexico – which may be our go to this winter.
- Youngsters obtained a tonne of candies for halloween. Our daughter was actually into it and we ended up going to each home within the survey. Me and the spouse have been attempting to tax em but additionally watch that weight-reduction plan as a result of our journey.
I began rising the moustache once more as a result of movember. All the time love having it again and attempt to elevate cash for males’s well being. Since 2018 we now have raised $510.
If you want to donate, that may be nice and would put a smile on my face. Thanks!
Alright, Let’s Get To Our August 2021 Passive Revenue
Raises or Cuts
- Suncor raised their dividend by 100% Superb since I purchased this inventory at the beginning of the month. This elevate provides $168.84 in ahead earnings.
- Abbvie got here by means of with a 8.5% enhance. This provides $30.80 in ahead earnings.
Complete Added Revenue from Dividend Raises in 2021 – $342.26
Identical to that our dividend raises in 2021 greater than doubles. I just lately began a place in suncor as a result of excessive fuel costs, commodity impact on this inflationary surroundings and a few actually bullish articles on searching for alpha. I used to be anticipating a 25% elevate subsequent yr not a 100% one this 12 months. Simply superior. Abbvie got here by means of as nicely. Now if solely these financials would begin elevating….
October 2021 Dividend Revenue
12 Firms paid us this month.
|Shares||October 2020 Dividends||October 2021 Dividends|
|Riocan||31.20 (2 Drips)||offered|
|Extendicare||18.96 (3 Drips)||offered|
|Restaurant Manufacturers||76.30 (1 Drip)||74.32|
|Cisco||48.96 (1 Drip)||51.06|
|Bell Canada||74.09 (1 Drip)||139.13 (2 Drips)|
|Transcontinental||26.78 (1 Drip)||27.68 (1 Drip)|
|Telus||73.10 (3 Drips)||83.16 (3 Drips)|
|TD Financial institution||100.33 (1 Drip)||103.49 (1 Drip)|
|Financial institution Of Nova Scotia||90.00 (1 Drip)||93.60 (1 Drip)|
|Good Facilities||25.28 (1 Drip)||32.99 (1 Drip)|
|Tc Vitality||116.58 (1 Drip)|
|Rit ETF||65.75 (3 Drips)|
|Algonquin Energy||58.04 (2 Drips)||97.47 (5 Drips)|
18 shares Dripped in October
Nicely there it’s, our first month over $900. Does it ever really feel good! Love these 2 drips from Bell now quarterly and three positions paying us over $100. Subsequent time algonquin will be part of that record in addition to we just lately grew that place too.
A 38.35% yr over yr progress in dividend earnings. These months are firing now.
In case your take a look at our Earlier Dividend Revenue Experiences.
Our Drips (Dividend Reinvestment Program) added $30.40 to our yearly ahead dividend’s this month
Personal Funding Fee – $500.00
Nothing new right here, simply our common month-to-month cost. (I don’t even should edit this half each month) Regular Eddy…….
Photo voltaic Panel Revenue
In September (We all the time receives a commission a month later) our photo voltaic panel system generated 809 kWh. Since we usher in a set charge of 28.8 cents per kilowatt hour, Hydro One deposited $232.99 into our chequing account this month.
Final September the system generated $225.79 Im really actually shocked this one was greater 12 months over 12 months. I really feel we now have simply gotten a tonne of rain and the solar has retreated, ahhh nicely no complaints.
Complete Revenue for 2021 – $2,224.22
System Put in January 2018
Complete System Value ——–$32,396.46
Complete Revenue Obtained ——–$9,711.03
Quantity to Break even —- $—22,685.43
Complete October 2021 Passive Revenue – $ 1,646.35
September 2020 Passive Revenue – $ 1,491.65
Complete Passive Revenue Enhance over final 12 months. – $154.70
A ten.31% progress charge. Not big however we additionally obtained 102 bucks from google adsense final yr which throws these numbers off. With out that we might have a good 17.07% progress charge.
Totals For 2021
Dividends 12 months To Date Complete – $6,708.04
Different Passive Revenue 12 months up to now – $7,897.14
Complete Passive Revenue for 2021 —– $14,605.18
12 months Finish Aim – $17,390.71 ——– %83.98
We must be getting 8.3% a month and with 10 months completed we must be at 83%. Bang on
October 2021 Purchases/ Gross sales
This month was busy with commerce exercise and I offered off 2 laggards within the portfolio. I actually just like the look of it now and don’t see something I’m considering promoting.
Transcontinental – Bought
That is one which hasn’t produced and in addition hasn’t raised their dividend. We had been up about 20% for awhile however then the inventory rapidly retreated. On the finish of the day I didn’t see the match within the portfolio and felt placing that cash into suncor would most likely be a big enchancment at their inventory costs.
We offered 127 shares of tcl at a slight acquire and misplaced $110.70 in ahead earnings.
Suncor – Buy
We determined so as to add new capital and take the proceeds from tcl to purchase 201 shares of suncor at the beginning of the month. The chance reward was simply wayyy to excessive at these oil costs. Clearly this play labored out as they raised their dividend by 100% on the finish of the month and the inventory worth continues to climb.
This buy added $168.84 (Not together with latest dividend elevate)
IBM – SOLD
Each quarter since I’ve owned this I’ve hoped for some sort of earnings beat. Cloud was wanting promising, sadly the remainder of the enterprise doesn’t. A very long time in the past Mike @thedividendguy instructed me to promote ibm and purchase extra microsoft. I mentioned no, onerous to withstand that vast dividend proper? Nicely I ought to of, microsoft continues to only be superb and ibm sits sideways and tosses a pair penny’s extra annually.
We offered our ibm shares at a slight loss, however collected these dividends all these years. In all probability had been shut to interrupt even. We misplaced $183.63 in ahead earnings.
Lockheed Martin – Buy
The primary issue to get me to promote ibm was the large pullback on lmt once they launched their earnings. Their earnings actually weren’t that unhealthy! They’d the pension prices and the remark about taking a look at their 5 12 months plan. I believe that’s what made lots of people leap ship. That is nonetheless a large moat inventory that isn’t going wherever. If something we are going to hear how a lot buybacks they accomplished after this dip in my view. They love to purchase again their inventory and I believe they’re assured of their enterprise after just lately elevating the dividend by 7.6% final month.
I’ve been shopping for them fairly a bit this 12 months and continued on this dip.
We purchased 14 extra shares at $327 per share including $156.80 to that earnings.
I’ve an issue and algonquin appears to be that drawback. I actually like this inventory however man oh man do they ever like diluting their shares. They issued extra shares for one more acquisition. I like this deal as it’s going to immediately be good for the underside line. Switching the coal energy over will likely be expensive, however its the proper factor to do.
Issuing extra shares at a 52 week low isn’t good although. That’s why I like lmt and suncor shopping for up their shares at their low costs.
As I preserve saying water, renewable’s, regulated utility’s and a 5% drip low cost whats to not like? I don’t thoughts the decrease costs as we preserve accumulating extra shares and dripping them, however I preserve saying I’ve sufficient after which we see one other dip……… haha!
We purchased 62 extra shares which provides $42.99 usd to that earnings.
Added 9 extra xaw to the portfolio as nicely.
Including about $4.06 =)
Total we added $78.36 to that ahead earnings with these new purchases (not together with suncor’s latest dividend elevate)
Monetary Targets Replace
Enhance Dividends by $1,680.19 this 12 months. (bringing our ahead earnings from dividends to $8,329.13 a 12 months)
- With New Purchases, Drips, and Dividend Raises we continued to develop the dimensions of our dividend Portfolio. Complete elevated up to now in 2021 is $1,384.72 82.41% of our aim.
Someplace alongside the road I have to of messed this up as our ahead earnings from dividends has now hit $8,364 passing the entire I aimed for at the beginning of the 12 months… Guess its drawback to have. Woot! Woot!
Etf Month-to-month Minimal Buy of $250
- This month we added 9 extra models of xaw etf.
- Questrade* is nice as a result of it provides free etf trades and cheaper inventory buying and selling choices than most Canadian brokers. $250.00 a month would kill us if we would have liked to pay excessive buying and selling charges.
- * Word the questrade hyperlink is a affiliate hyperlink and at no extra value to you, I’d get slightly cost for those who had been to enroll. You would get $50 in free trades by utilizing my hyperlink although.
October 2021 Passive Revenue Conclusion
These month’s are positively my favorite of every quarter nowadays. I preserve loading extra $ into these shares and cant wait to interrupt 1k. The raises had been implausible as a result of suncor. That is our 2nd time getting an 100% dividend elevate. (Restaurant manufacturers Worldwide was our different)
Tomorrow we hear if the Canadian Monetary’s can begin elevating their dividend or shopping for again shares. Right here’s hoping. A terrific month throughout, I hope you all had a profitable one as nicely.
Typically you’ll by no means know the worth of a second till it turns into a memory- Georges Duhamel
Hey I’m Rob, creator of Passive Canadian Revenue.
In 2011 me and my spouse had virtually $60,000 in debt and a unfavourable $7,000 Web Price. By way of onerous work and monetary training we paid all that off. Now we’re specializing in growing our Passive Revenue Streams to make the cash work for us. Really feel Free to Comply with alongside the Journey by clicking the Social Media hyperlinks beneath or subscribing to get notified of recent posts on the sidebar.