December Update: Dividends, Goals & Whiskey

Happy New Year

Dividend Report

Personal Highlights for December:

  • December started off with a bang.  On December 6th, I was laid off from my job of 16 years!  You can read my full post on that HERE if you missed it.
  • Christmas was fun, busy and a disaster.  Both my wife and I were sick for basically the whole holiday.  It probably sucked even more for her because she had to go to work, while my unemployed ass got to stay home and rest 🙂
  • Over the last year, I’ve gotten a lot more interested in cocktails and spirits.  I was lucky enough to try a bunch of new whiskeys and cocktails, and plan to do a year end review of some of my favourites soon! Here is a delicious clover club I made for my wife:
    Clover Club Cocktail
  • I’m not much of a “goals” guy, however this year I want to do a lot more activities with the family, and buy less “stuff”.  For Christmas this year, instead of buying a ton of different toys the kids will get sick of right away, I got the whole family a zoo membership which I am looking forward to getting a lot of use out of.  Don’t worry, the kids still got SOME toys.
  • Holland & Isaac on Christmas Morning….

Merry Christmas

  • Financial Highlights for December:
  • Continued bi-weekly deposits into Spousal RRSP, and TFSA however reduced the amounts until my employment situation is resolved.
  • December was the first month of DRIPs of Diversified royalty since I added to my position, so now I’ll be dripping 5 shares a month instead of 2-3.
  • I was paid dividends from 9 companies, and 2 funds in December.  I dripped a total of 74 new shares/units.
  • Dividend increases were announced for: Interrent Reit & Power Corp
  • Received first ever dividend payment from CAE
  • Even though my XAW distribution was announced, it doesn’t actually get deposited into my account until January 6th.  This means my 2019 income won’t be as spectacular, but my 2020 income should get a nice boost to start the year!  The distribution is expected to be: $1064.51
  • Despite not putting as much fresh capital into the market in 2019 as most other years, my portfolio still grew over $80,000 this year!

Passive Income Update For December 2019.

TFSA’S:

Diversified Royalty: $16.83(dripped 5 shares)

Artis Reit: $27.72 (dripped 2 shares)

Interrent Reit: $4.29

Western Forest: $44.17 (Dripped 38 shares)

Power Corp: $87.48 (Dripped 2 shares)

Plaza Reit: $28.86 (dripped 6 shares)

Chorus Aviation: $11.76 (dripped 1 share)

Intertape Polymer Group: $53.40

TFSA’s Total: $274.51

RRSP:

Canadian Equity Income Distribution: $338.92 (dripped 10.9 new units)

CAE: $26.84

RBC US Equity Index Fund: $238.98 (dripped 9.256 shares)

Total Passive Income December 2019:  $879.25

Portfolio Update:

My portfolio currently sits at: $370,579.38  This is an all time high, and represents an increase of 28.05% Year over Year.  The best part about that, is this year is the least amount of fresh capital I’ve put into my account in over 5 years.  The growth is a combination of compound interest and a stock market that just keeps reaching new highs.  With the recent job loss, I won’t be putting as much fresh capital into my account this year either.  Luckily, I’ve already built up a decent portfolio that continues to compound and grow on its own.

Yearly Portfolio Growth:

Dividend Portfolio Growth

Total 2019 Dividend Income Received: $7479.19

In 2019 I received $1338.08 more in dividends than 2018.  This represents an increase in income of 21.78%

 

Passive income since I started tracking in 2015:

Yearly Dividend Income

 

My current forward dividend for 2020 is: $9802.99 however my goal is to break $12000 in dividends in 2020.  This will be tough because I am currently unemployed…haha. That said, I am in the process of transferring $60,000 from a mutual fund that currently pays no distribution into my self directed account, and I can’t stay unemployed forever….or can I 🙂

Hope you all had a great new year. I am definitely looking forward to an awesome 2020!

 

9 Comments on “December Update: Dividends, Goals & Whiskey

  1. wow other than the job loss things look fantastic man

    That is a tonne of growth in every department man. The 60k transfer will only propel things and that massive amount of drips will too!

    I love the zoo, you guys will enjoy that season pass.
    cheers man!

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  2. Great progress financially Jordan. Looks like you are well on track for continued growth…hopefully your employment issues are sorted out soon.

    Thats a great idea to buy less stuff and get memberships instead. We buy memberships to museums in Ottawa and love it — over the last couple of years, we’ve got our moneys worth many times over and Baby R2R loves going there year round.

    Cute pic of the kids. Looks like a fun morning for them, but a bummer that both you and wife were sick.

    Best wishes
    R2R

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  3. MM –

    AWESOME. First – experience of the zoo > toys that won’t last. Secondly – with DRIP and increases alone – you’ll still add quite a bit of income, no doubt, in 2020 – regardless of fresh capital. You’re motivated, so you’ll get there, I know it.

    -Lanny

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    • Hey Lanny

      Thanks for stopping by. I think we will get a ton of value out of the zoo passes, and I’m looking forward to other ideas like that too (museums, experiences, etc)

      Hope you guys had a good Christmas/New Year.

      Like

  4. Hey Jordan! Love the compound growth of your portfolio! The size of it is big enough to let it grow by itself. A 60K transfer will accelerate your growth! It sucks about the job. Did you apply for EI benefits?

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  5. Jordan,

    Great month and it sounds like you had a very successful holiday season. Family is what it is all about and it was special celebrating with my daughter for the first time. Love the idea of getting the membership rather than the gifts. Personally, I love the zoo and I can’t wait until my daughter is old enough to go.

    Cheers to a strong and successful 2020.

    Bert

    Like

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