Dividend Update: August 2023

My August 2023 dividend total is $2,947.75

This means that in August:

• I earned $95.09 every day from dividends.
• I earned $16.02 per hour from dividends (assuming a 9-5pm job).
• I earned $3.96 every hour of every day of the month from dividends.

• My top 3 dividend earners this month were 100% in the financial sector and were 66.7% of my monthly dividend total:
  1. Bank of Montreal – ($942.27) – 32%
  2. NATIONAL BANK OF CANADA – ($585.48) – 19.9%
  3. Royal Bank – ($437.66) – 14.8%

• My equity purchases totalled $20,302.96
• I sold $11,304.59 worth of shares in Nutrien and reinvested the proceeds.
• I added $3,178.80 of new capital this month.

Dividends $2,947.75

Financial

1. NATIONAL BANK OF CANADA – $585.48
2. POWER CORP OF CANADA – $155.93
3. Royal Bank – $437.66
4. Bank of Montreal – $942.27
5. First National Financial – $124

Telecommunications

1. VERIZON COMMUNICATIONS – $43.37

Bonds

1. XSH – IShares Core CDN Short ETF – $8.59
2. ZFL-BMO Long Federal Bond ETF – $188.42
3. ZCS-BMO Short Corp Bond – $7.89

Energy

1. EMERA INC – $120.75

Technology

1. ENGHOUSE SYSTEMS LTD – $11

REITs

1. ISHARES S&P/TSX CAPPED REIT INDEX ETF – $8.74
2. BMO LADDERED PREFERRED SHARE INDEX ETF – $4.95
3. RIOCAN REAL ESTATE INVESTMENT TRUST – $72.45
4. SMARTCENTRES REAL ESTATE INVESTMENT TRUST – $120.41
5. CT Reit – $21.33
6. Canadian APT Pptys Reit – $24.17
7. PRIMARIS REAL ESTATE INVT TR – $2.53
8. NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVTMNT TRUST – $16.53
9. CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST – $25.50
10. H&R REAL ESTATE INVT TR – $7.50
11. MORGUARD REAL ESTATE INVT TRUST – $10.18
12. ARTIS REAL ESTATE INVT TRUST – $8.10

Purchases $20,302.96

I sold my position in Nutrien Ltd. and reinvested the proceeds of $11,304.59. New capital invested this month was $3,178.80.

1. 6 shares of SLF – Sun Life Financial, Inc.
2. 2.1124 shares RY – Royal Bank of Canada
3. 82 shares of BANK OF MONTREAL
4. 16 shares of ISHARES CORE MSCI ALL CTRY WORLD EX CDA INDEX ETF
5. 17 shares of BIP.UN – Brookfield Infrastructure Partners L.P
6. 18 shares of CM – Canadian Imperial Bank Of Commerce
7. 11 shares of SRU.UN – SmartCentres Real Estate Investment Trust
8. 76 shares of EQB – EQB Inc
9. 17 shares of ENB – Enbridge Inc
10. 3 shares of BCE – BCE Inc
11. 2 shares of POW – Power Corp. Of Canada
12. 2 shares of ISHARES S&P/TSX CAPPED REIT INDEX ETF
13. 1 share of BN – Brookfield Corp.
14. 1.0453 shares of BNS – Bank Of Nova Scotia

Stuff I Love

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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.

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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).

Dividend Update: August 2022