dividend Archives - Heather's Dividends

September 7, 2018October 18, 2018

Dividends | August 2018

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…

TFSA

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

RRSP

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!

Happy Investing,
Heather

September 4, 2018September 4, 2018

Purchases | August 2018

Holy smokes! Did I go crazy this month? I had money for June, July and August just sitting there waiting to buy stocks. And boy, did I spend it.

I made 4 purchases in my TFSA. Three of which I am happy with and one I am not 100% sure about in terms of dividends and growth.

So, this August I bought…

10 BCE (top up)

10 Laurentian Bank (top up)

43 Riocan REIT

31 Canadian Utilities

Canadian Utilities is by far my best purchase. It has a good track record of dividend increases and the share price growth is nice and steady.

The one purchase I think I could have done a bit more research on, is Riocan. After looking through it’s dividend history and growth, I think I could have made a better choice. The last dividend increase was in 2013. I only realized later it is not even a Canadian dividend aristocrat. Oops.

Lesson learned.

Do any of you own Riocan REIT? Am I doomed in terms of growth?

Happy Investing!
Heather

August 25, 2018

Dividends | July 2018

I am finally passing the $400 mark towards my goal of $750 in annual dividends and I feel as though I am in the home stretch.

Here is my takeaway for not making June and July purchases.

It’s okay. The world will not end, and I still get paid. My account still grows even if I am unable to add new money. I still get pay raises (as my dad would say), even though I do not technically work outside the home for a salary. And lastly, I got a bigger pay raise this month than my husband, hahaha. Thank you RBC! (I hold RBC in another account which I will post on later in September)

TFSA

BCE – $9.82
TransAlta Renewables – $6.66
Inter Pipelines – $11.48

RRSP

As always, Plaza Realty REIT brought in $6.67.

July Dividend Total

2018 Dividend Total: $417.65
2018 RRSP Dividend Total to $32.46

Only $332.35 to go! (not including my RRSP… In my mind RRSPs don’t count.)

Happy Investing,
Heather

August 21, 2018August 21, 2018

Dividends | June 2018

Non-Registered

May ended with my 2018 dividend goal at $234.77. However, my June dividends brought me a huge boost! My Enbridge DRIP brought in $135.93 which was then reinvested, purchasing 3.45 shares at $39.37. Bringing my total holdings to 204.041 (Love that third decimal point!)