My July 2023 dividend total is $8,656.12
This means that in July:
- I earned $279.23 every day from dividends.
- I earned $50.98 per hour from dividends (assuming a 9-5pm job).
- I earned $11.51 every hour of every day of the month from dividends.
- My top 3 dividend earners this month were mostly in the financial sector and were 30% of my monthly dividend total:
- Bank of Nova Scotia – ($1,391.06) – 16.1% of my monthly dividend total
- CANADIAN IMPERIAL BANK OF COMMERCE – ($1,205.82) – 13.9% of my monthly dividend total
- BCE Inc. – ($1,103.92) – 12.8% of my monthly dividend total
- My equity purchases totalled $53,166.26
- I sold $39,929.27 worth of shares as I continue to pare down and consolidate my portfolio and reinvested the proceeds.
- I added $4,266.32 of new capital this month.
Dividends $8,656.12
Financials
- First National Financial – $124.00
- Bank of Nova Scotia – $1,391.06
- CANADIAN IMPERIAL BANK OF COMMERCE – $1,205.82
- TORONTO-DOMINION BANK – $1,032.96
Telecommunications
- TELUS CORPORATION – $564.21
- BCE Inc. – $1,103.92
Energy
- Canadian Natural Resources – $385.20
- ALGONQUIN POWER & UTILITIES CORP – $333.20
- CAPITAL POWER CORPORATION – $254.62
- TC ENERGY CORP – $485.46
Bonds
- ZFL-BMO Long Federal Bond ETF – $188.42
- ZEA-BMO MSCI EAFE Index ETF – $362.95
- ZCS-BMO Short Corp Bond UN – $7.89
International
- VTI – Vanguard Index STK MKT ETF – $391.11
Real Estate
- VNQ – Vanguard Index FDS REIT – $133.04
- RIOCAN REAL ESTATE INVESTMENT TRUST – $72.45
- H&R REAL ESTATE INVT TR – $7.50
- MORGUARD REAL ESTATE INVT TRUST – $10.18
- ARTIS REAL ESTATE INVT TRUST – $8.10
- CANADIAN APARTMENT PPTYS REAL ESTATE INVT TRUST – $24.16
- NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVTMNT TRUST – $16.53
- PRIMARIS REAL ESTATE INVT TR – $2.53
- CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST – $25.50
- CT REAL ESTATE INVT TR – $21.33
- SMARTCENTRES REAL ESTATE INVESTMENT TRUST – $120.41
- CI CANADIAN REIT ETF – $6.35
Consumer
- ALTRIA GROUP INC – $59.94
- ALIMENTATION COUCHE-TARD INC – $17.50
- PARK LAWN CORPORATION – $5.13
Other
- NUTRIEN LTD – $174.79
- Medical Facilities Corp – $87.91
- BMO LADDERED PREFERRED SHARE INDEX ETF – $4.95
Purchases $53,166.26
As noted above, I sold $39,929.27 worth of shares as I continue to pare down and consolidate my portfolio and reinvested the proceeds. I added $4,266.32 of new capital this month. I sold out of my positions in IEFA – BTC iShares Core MSCI EAFE ETF, GLOV – Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF, and TRANSALTA RENEWABLES INC.
Financials
- 8.3238 shares of BNS – Bank Of Nova Scotia
- 370 shares of BANK OF MONTREAL
- 28 shares of CM – Canadian Imperial Bank Of Commerce
- 2.0164 shares of RY – Royal Bank of Canada
- 4 shares of TD – Toronto Dominion Bank
- 1 share of POW – Power Corp. Of Canada
Insurance
- 3 shares of MFC – Manulife Financial Corp
- 11 shares of Sun Life Financial, Inc.
Telecommunications
- 32 shares of BCE INC
- 16 shares of TELUS CORPORATION
Energy
- 6 shares of FTS – Fortis Inc.
- 8 shares of PPL – Pembina Pipeline Corporation
- 7 shares of TRP – TC Energy Corporation
- 9 shares of ENB – Enbridge Inc
Real Estate
- 1 share of ISHARES S&P/TSX CAPPED REIT
Consumer
- 10 shares of ALIMENTATION COUCHE-TARD INC
- 2 shares of ALTRIA GROUP INC
International
- 1 share of XSP – BlackRock Canada iShares Core S&P 500 Index ETF
Other
- 1 share of BIPC – Brookfield Infrastructure Corp (Class A)
Stuff I Love
Simplii Financial: Tired of paying monthly fees for chequing accounts and paper cheques but still want easy access to bank machines at no cost? Simplii Financial allows unlimited bank machine transactions at CIBC bank machines and no cost banking.
WealthSimple Robo-Advisor: As they say, it’s “Investing on autopilot”. Ideal for beginners who want to get into investing and build a hands-off portfolio of low-cost globally diversified funds, or for those that just prefer to do other things than worry about their investments.
WealthSimple Trade: Trade stocks at no cost / zero commission. Great if you want to buy a small amount of shares in companies on a regular basis.
Addy: This platform enables investors who don’t want the hassle of being a landlord and/or who can’t afford pricey residential real estate, to gain access to real estate investing for as little as a $25 annual membership (something Addy recently added to their platform in terms of an upfront membership fee – note there are properties you can access without paying the membership fee but you’ll have access to fewer properties to invest in). Click my referral link.
Wealthica: A secure way to track all your investments and progress in one place, including net worth, dividend, distribution (from Real Estate Investment Trusts (REITS) for example), and interest income, etc. They also produce handy visuals so you track your financial independence goals in a visual way. (I use Wealthica everyday and I highly recommend it for my Canadian friends/readers. Use my promo code: WDDividendDaddy10 and get 10% off the yearly premium subscription).
Hi DividendDaddy,
Impressive numbers. I am not on your level yet with dividend stocks, but my total passive income in 2022 was $135,000. Currently building up my All-Weather Portfolio (currently at about $850,000). Do you disclose your portfolio positions on your site? Cheers from Lake Garda, Noah
Thank you. Your $135K in passive income isn’t too shabby either. I used to then the last two years I’ve been consolidating and eliminating some duplicative ETFs so I dropped that part of my website. I’ll probably bring it back once I’ve got things where I want them and stable.
Wow, thanks for sharing!
Your portfolio is really impressive and I’m sure a lot of meticulous planning went into it!