Dividend Update: October 2023

Posted on by Dividend Daddy

Travel

This month I spent a nice two weeks in Europe visiting cities such as Bratislava in Slovakia and Prague, among others. I was spoiled by the warm weather which allowed for several days of shorts and several coffees, meals and beers on outdoor patios in the sun. I only visited 4 cities which allowed me to spend several days in each place while traveling by train between them. Upon my return home, I booked a day for at home recovery before heading back to work.

View from a cafe in Vienna
Blue Church in Bratislava, Slovakia
Lunch on a patio in Bratislava

Looking to find out more about Dividend Daddy?

Check out this interview by the wonderful team at Nomad Numbers on “Recognizing the Different Seasons of life to plan for Financial Independence” where they interview me in advance of my early retirement and my planning for my future work optional phase of life.

[Interview #028] Recognizing the different seasons of life to plan for financial independence

I include an excerpt below from my interview:

I also had the opportunity to sit down for the second time with Dividend Dave at the Passive Income Podcast to discuss real estate and of course, dividend investing. Be sure to Like and Subscribe to Dave on his YouTube channel. My interview can be found below:

Now onto my Dividend Update for October 2023

My October 2023 dividend total is $8,210.20

This means that in October:

  • I earned $264.85 every day from dividends.
  • I earned $48.87 per hour from dividends (assuming a 9-5pm job).
  • I earned $11.04 every hour of every day of the month from dividends.
  • My top 3 dividend earners this month were in the financial and telecomm sectors and were 46.4% of my monthly dividend total:
    1. Bank of Nova Scotia – ($1,401.55) – 17.1%
    2. CIBC – ($1,254.11) – 15.3%
    3. BCE Inc. – ($1,145.52) – 14%
  • My equity purchases totalled $11,562.39
  • I added $7,186.89 of new capital this month.

Dividends $8,210.20

Telecomm

  1. TELUS CORPORATION – $597.39
  2. BCE Inc. – $1,145.52

Bonds

  1. ZFL-BMO Long Federal Bond ETF – $188.42
  2. ZCS-BMO Short Corp Bond – $7.89
  3. XSH – IShares Core CDN Short ETF – $4.51

International

  1. ZEA-BMO MSCI EAFE Index ETF – $362.95

Energy

  1. Canadian Natural Resources – $385.20
  2. Algonquin Power & Utilities Corp – $344.88
  3. TC Energy Corporation – $491.97
  4. Capital Power Corp – $269.99

REITS

  1. VNQ – Vanguard Index FDS REIT – $107.40
  2. RIOCAN REAL ESTATE INVESTMENT TRUST – $72.45
  3. Artis REIT – $8.10
  4. CT Reit – $21.33
  5. Primaris REIT – $2.53
  6. Morguard Real Estate Investment Trust – $10.18
  7. SMARTCENTRES REAL ESTATE INVESTMENT TRUST – $122.10
  8. H&R Real Est Inv TR – $7.50
  9. Canadian APT Pptys Reit – $24.17
  10. Choice Properties REIT – $25.50
  11. Northwest Healthcare Prop REIT – $7.44
  12. CI First Asset Canadian REIT – $6.35
  13. XRE-iShares S&P/TSX Capped REIT Index ETF – $8.87

Consumer

  1. Altria Group Inc – $66.60
  2. PARK LAWN CORPORATION – $5.13

Financials

  1. First National Financial – $124
  2. Bank of Nova Scotia – $1,401.55
  3. CIBC – $1,254.11
  4. Toronto Dominion Bank – $1,033.32

Medical

  1. Medical Facilities Corp – $87.91

Other

  1. BMO LADDERED PREFERRED SHARE INDEX ETF – $4.95

Purchases $11,562.39 ($7,186.89 of new capital)

Stock share purchases in October are listed below:

  • 1.3026 shares of VTI – Vanguard Group, Inc.
  • 15 shares of Altria Group Inc
  • 9.4844 shares of BEP.UN – Brookfield Renewable Partners LP
  • 3.4999 shares of TD – Toronto Dominion Bank
  • 6 shares of CANADIAN NATIONAL RAILWAY CO
  • 6.372 shares of RY – Royal Bank of Canada
  • 3 shares of FTS – Fortis Inc.
  • 27 shares of BIPC – Brookfield Infrastructure Corp 
  • 24.1585 shares of CNQ – Canadian Natural Resources Ltd.
  • 10.5773 shares of BMO – Bank of Montreal 
  • 1 share of SLF – Sun Life Financial, Inc.
  • 4 shares of BIP.UN – Brookfield Infrastructure Partners L.P
  • 37 shares of BIPC – Brookfield Infrastructure Corp (Class A)
  • 27 shares of ENBRIDGE INC
  • 3 shares of NA – National Bank Of Canada

Dividend Update: October 2022

Stuff I Love

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WealthSimple RoboAdvisor: 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).