Happy Friday to everyone,
I have finally put my dividends onto a graph and seeing the progress visually is very satisfying. I am going somewhere and it is in the right direction. Up, up, up!
Now down to the nitty gritty…
Laurentian Bank – $3.20 (Laurentian had a nice dividend increase last quarter from $0.63 to $0.64)
Emera – $23.17
Inter Pipeline – $11.48
Transalta Renewables – $6.66
Plaza Retail REIT – $6.67 (Plaza had a dividend increase from $0.0233 per month to $0.02333 back in April this year)
Bringing this month’s total to $51.18. Looking at my monthly budget, this would cover my internet bill of $46 plus a couple coffees.
Using Plaza Retail REIT as my guideline, I calculated my family would need $555,000 invested for our dividends to provide roughly $3000 a month, covering all of our current expenses in today’s dollars. This would allow my husband to stop working, and I could go back to work for fun. (See ya sucker! Have fun with that laundry and dishes! Hahaha, just joking he already helps. Or am I? Mmm…)
August Dividend Total
2018 Dividend Total: $462.16
2018 RRSP Dividend Total to $39.13
I’ve officially passed $500 in annual dividends!