February Dividend Update: Record Breaking Month!

Investment Portfolio Hit a new high

Monthly Dividend Update

Let’s get right to it.  I’m a little late with this post, our entire house (except for the wife) has been sick for the last week.

Personal Highlights for February:

  • Attended a fine and rare bourbon tasting, and also a bourbon lottery this month.  I was able to snag a bottle of Weller C.Y.P.B.  This was one of my favourites that I had tried at the tasting.
  • Aside from being sick – the kids have been doing great.  Isaac is saying a lot more words (when Holland lets him speak).
  • Attended a couple of Jets games with some friends I hadn’t seen in quite some time.
  • Finally got all my receipts so I can do my taxes this week.
  • Took the wife to see Justin Timberlake when he was in town.  She loved it.
  • Amber and I finished watching the Wire – and now I have her watching DeadWood.  (2 of my all time favorite shows).  I figure it’s time she watched them.

Financial Highlights for February:

  • Continued bi weekly payments into spousal RRSP  (30 units of US Equity Index Fund)
  • I was paid by 5 companies and 1 funds.  I Dripped 19 new shares/units.
  • Portfolio hit an all time high
  • Opened a position in Transcontinental (which has since increased their dividend)
  • Increased position in Western Forest

Passive Income Update For February 2019.

TFSA’S:

Diversified Royalty: $9.68 (dripped 3 shares)

Artis Reit: $28.62 (dripped 2 shares)

Interrent Reit: $2.49

Plaza Reit: $27.46 (dripped 6 shares)

Chorus Aviation: $11.36 (dripped 1 share)

TFSA’s Total: $79.61

RRSP:

Canadian Equity Income Distribution: $228.17 (dripped 7.76 new units)

Total Passive Income Feb 2019:  $307.78

Portfolio Update:

This month had some good news and some bad news.

The bad news:  My dividend income was the lowest amount since November 2017.  Dividends actually decreased by $4.66 compared to last February. This is the first time I’ve seen a dip in dividends year over year.  This is due to Artis slashing their dividend in half.

The good news: My portfolio hit an all time high.  After recovering by 6.58% in January, my portfolio jumped up another 5.17% in February which pushed it to a new record high of: $324,377.53

Next months income should be a lot better, as Power Corp, Intertape Polymer & Western Forest all pay their dividends in March – along with all the regular monthly payers.

Thanks for reading, Cheers!

11 Comments on “February Dividend Update: Record Breaking Month!

  1. Hey Jordan, congrats on your record high portfolio value, that is very impressive. Hope you have a great March!

    Like

  2. You and your bourbon… lol I cant do it. But i guess thats why i got this beer gut and you got those abs… lol

    seems like a fun month, well being sick sucks though.

    sooo many drips, call a plumber!

    Anyways keep it up man

    Liked by 1 person

  3. Hey Jordan, you got to drink more, you probably did have enough alcohol in your blood to kill the bugs 😉 (coming from a man that has not had a single drop since Jan. 1)
    Nice going on the portfolio, it’s becoming quite the stash!

    Liked by 1 person

  4. Damn! That’s awesome! I remember a few months ago when your portfolio dipped under $300K. That’s the power of having a large portfolio. When it recovers, it recovered with a vengeance. I think it will stay above 300K for good. Next step 400K 🙂

    Liked by 1 person

  5. Hey Jordan,

    $307.78 is still a nice haul of passive income from dividends. And congrats on the record portfolio high! That’s awesome man! Hope you’re all feeling better and keep up the great work!

    Liked by 1 person

  6. Pingback: Hi. My name is Jordan & I have an RRSP Problem. – MoneyMaaster.com – Canadian Dividend stocks & Personal finance

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