July 2018 Dividend Update
Summer is half over, and it’s been a busy one for us….
Personal Highlights for July:
- The kids have had a busy summer. The new daycare is going great, they’ve had multiple outings to the zoo, strawberry picking, the beach and ice cream.
- Cabin is listed for sale. Looking forward to using some of the proceeds to top up TFSA’s and the rest doing some renovations around the house.
- July was the 2nd highest traffic to the website ever
- The World Cup was great, watched a lot of soccer, saw some great games, and now we can focus on Holland & Canada qualifying for the next one!
- Harvested some of the garden. So far we’ve been able to use cucumbers, beets & dill. The peas, beans and zucchini look like they are just about ready too!
- Hosted a birthday party for the in-laws. We had about 40 people over for a barbeque & drinks. It was the hottest day in 80 years, but a great time was had by all.
- Isaac got his 2nd haircut. See the before & after below:
Financial Highlights for July:
- Continued bi weekly payments into RRSPs & Spousal RSP.
- Algonquin Power & Power Corp increased dividends this year, resulting in a big boost, and more drips!
- Even with no new stock purchases, dripped 33 new shares/units. I was paid from 7 companies and 1 funds in July
- Cracked $500 in passive income for 3rd time in 2018.
Passive Income Update For July 2018.
TFSA’S:
Diversified Royalty: $9.29 (dripped 3 shares)
Artis Reit: $51.48 (dripped 3 shares)
Algonquin Power: $147.02 (dripped 12 new shares)
Interrent Reit: $2.32
Plaza Reit: $26.48 (dripped 6 shares)
Power Corp: $77.16 (dripped 2 new shares)
Chorus Aviation: $11.04 (dripped 1 share)
TFSA’s Total: $324.79
RRSP:
Canadian Equity Income Distribution: $220.39 (dripped 7.2 shares)
Total Passive Income July 2018: $545.18
Portfolio Update:
For the third straight month, my portfolio hit an all time high. As of this moment the early retirement fund currently sits at $317,363.86!
My portfolio increased by $47,104.44 year over year(17.43%).
Dividends grew by a whopping $115.07 vs last July (26.7%).
Current Watch List:
Andrew Peller: ADW
Exco Technologies: XTC
InterRent Reit: IIP
Thanks for reading, and good luck in August!
22 Comments on “July 2018 Dividend Update”
Leave a Reply
Looking good Jordan! Keep it up you moneymaaster you.
LikeLike
haha..thanks Mr Bankz. All the best
LikeLike
Fantastic numbers Jordan keep up the great work! Love those AQN and POW divis.
LikeLike
Might add to POW once we sell the cabin. I think I have enough AQN now…but will continue the DRIPS
LikeLike
dam man. so many drips again!
Love those algonquin drips thats huge! looks like a eventful month.
good luck with the sale. keep it up great increase yr over yr
cheers.
LikeLike
Hey Rob
Thanks man – as you know – gotta enjoy the summers, because they dont last long…so it’s been busy but fun!
Loving Algonquin, it’s been one of my best stocks the last few years.
LikeLike
MM –
Holy crap, what’s next, $500K!? Nice job, consistent purchases, owning entities that produce cash flow and then send it your way. Congrats!
-Lanny
LikeLike
Thanks Lanny!
Haha…500k is still a ways off..though 400k may be realistic by end of year with some of cabin proceeds invested (and no market crash)…haha
LikeLike
Looks like $500 each month is becoming a regular occurrence, Jordan. Outstanding!
Good luck with the cabin sale… hopefully it all goes smoothly.
LikeLike
Definitely getting close to a consistent 500 a month…the 220 each month from the Canadian Equity fund helps with that…
When I inevitably switch over my work RRSP to dividend payers, I am hoping to get it closer to 1k a month consistently.
LikeLike
Cute haircut. Your son is going to have all the ladies after him. I need a haircut this week, but they don’t help my looks much. Tom
LikeLiked by 1 person
Thanks Tom.
The ladies are already all over him…and he’s a little flirt too!
LikeLike
Your son is such a cutie:)
Is all your portfolio invested in dividend stocks?
Good luck with the cottage. I sold mine a few years ago and I am glad I did, even if it was nice to go once in a while.
LikeLike
My portfolio is not all in dividend stocks. In fact about half the total portfolio is in a fund that doesn’t pay any distributions/dividends at all. I will eventually switch it over to either a monthly or yearly paying fund, but right now the overall gains have been solid enough.
If those funds were in the same fund as my Canadian Equity Fund, it would add another 440 a month in dividends, which would be nice…but income isn’t my primary goal right now.
LikeLike
Thanks for sharing your early retirement portfolio progress, Jordan! $545.18 in dividend income is more than I’ll earn this year in total. You posted some nice year over year dividend and portfolio growth too. It’s awesome to see what my portfolio could look like years down the road. Thanks for the motivation!
LikeLike
Congrats! Jordan AKA Da Master
LikeLike
Nice work, and sounds like you had a great summer, congrats!
LikeLike
Those are some nice results Jordan! I was on the Belgium team ofcourse this world cup and was pretty bummed out how they lost in the semifinal. Oh well next time maybe the dutchies will be there. 🙂
LikeLike
I was rooting for Belgium too…(and iceland)
Hopefully the Dutch & Canada can Qualify for the next one..haha
LikeLike
Your son is SOOOOOOOOOOOOOOOOOOO cute I just want to pinch his cheeks. I haven’t cut my toddler/baby’s hair yet, he still doesn’t have much.
Congrats on the stellar July- bring on more divvys!! Did you end up buying some more POW on the recent dip?
LikeLike
Thanks! I haven’t added to POW yet (other than DRIPS) however it’s still on my radar 🙂
LikeLike
That little dude is looking slick! Nice dividends too Mr Maaster!
LikeLike