Ho Ho Ho! My Santa Clause Dividend Gift of $5,874.36

Santa Clause was good to me this past December. Rudolph the Red Nose Reindeer and his merry gang of reindeer stopped by my house and Santa squeezed himself down my chimney with a fat dividend cheque for $5,874.36. Needless to say it was a Merry Christmas.

On Boxing Day, after spending some time with family, I decided the cold was too much for me as it usually is that time of year, so I hopped on a plane to Mexico.

Time for a Margarita overlooking the Bay of Banderas in Puerto Vallarta, Mexico 🍹🍸🌴🕶️☀️ pic.twitter.com/VbUJ3d2MQs

— Dividend Daddy (@DividendDaddy1) December 28, 2023

December Breakdown

This means that in December:

• I earned $189.50 every day from dividends.
• I earned $38.65 per hour from dividends (assuming a 9-5pm job).
• I earned $7.90 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 33.2% of my monthly dividend total:
  1. Enbridge – ($1,246.05) – 21.2%
  2. First National Financial – ($591.58) – 10.1%
  3. Suncor – ($549.91) – 9.4%

• My equity purchases totalled $2,653.14
• I added $6,407.79 of new capital this month.
• I earned $17.54 in interest income this month from my cash bucket
• I started a new position in $TOU – Tourmaline Oil Corp

Not included in my Dividend total for January, is my rental sources of income:

1. Mexico vacation property: $1,789 USD ($2,420.04 CAD)
2. Toronto rental property: $1,850.00
3. Interest: $17.54

Adding the above sources of income for December 2023 (dividends, interest, and real estate income), my gross income for January was $10,161.94 (not including income from my day job).

Dividends $5,874.36

Energy

• Fortis – $412.15
• Enbridge – $1,246.05
• Canadian Utilities – $456.68
• SUNCOR ENERGY INC – $549.91
• Brookfield Renewable Partners LP – $100.59
• Pembina Pipeline Corp – $419.52

Technology

• Intel – $4.39

Infrastructure

• Brookfield Asset Management Ltd – $49.65
• Brookfield Infrastructure Partners L.P – $133.51
• Brookfield Infrastructure Corp – $149.46
• BN-Brookfield Corp – $9.00

Financial

• First National Financial – $591.58
• MANULIFE FINANCIAL CORP – $380.34
• EQB Inc – $95.60
• Sun Life Financial – $244.92
• GREAT-WEST LIFECO INC – $107.12

Real Estate

• CI First Asset Canadian REIT ETF – $6.35
• RIOCAN REAL ESTATE INVESTMENT TRUST – $72.45
• CT Reit – $21.33
• Artis REIT Tr – $8.10
• SMARTCENTRES REAL ESTATE INVESTMENT TRUST – $122.10
• Morguard Real Estate Investment Trust – $10.18
• Northwest Healthcare Prop REIT – $7.44
• Choice Properties REIT – $25.50
• Primaris REIT – $2.53
• H&R Real Est Inv TR – $7.50
• Canadian APT Pptys Reit – $24.17
• Morguard Real Estate Investment Trust – $10.18

ETFs

• ZFL-BMO Long Federal Bond ETF – $188.42
• ZCS-BMO Short Corp Bond – $7.89
• QUU-Mackenzie US Large Cap Equity Index ETF – $51.50
• QCN-Mackenzie Canadian Equity Index ETF – $222.91
• BMO LADDERED PREFERRED SHARE INDEX ETF – $4.95

Consumer

• Johnson & Johnson – $14.54
• UNILEVER PLC – $17.08
• Coca-Cola Company – $12.31
• ALIMENTATION COUCHE-TARD INC – $26.08

Transportation

• CANADIAN NATIONAL RAILWAY CO – $60.04

Purchases $2,653.14 ($6,407.79 of new capital)

Stocks and ETFs I purchased in December 2023 are listed below:

• 10.8567 shares of CNQ – Canadian Natural Resources
• 2 shares of SLF – Sun Life Financial, Inc.
• 0.9052 shares of TD – Toronto Dominion Bank
• 3 shares of TRP – TC Energy Corporation
• 4.5432 shares of BAM – Brookfield Asset Management Ltd
• 3 shares of Brookfield Infrastructure Corp
• 0.1078 shares of VTI – Vanguard Group, Inc. – Vanguard Total Stock Market ETF
• 10.8205 shares of BN – Brookfield Corp.
• 0.2584 shares of MO – Altria Group Inc. 
• 4 shares of BNS – Bank Of Nova Scotia
• 0.6207 shares of NA – National Bank Of Canada
• 0.0341 shares of QUU – Mackenzie US Large Cap Equity Index ETF
• 1 shares of CM – Canadian Imperial Bank Of Commerce

Stuff I Love

Thank you for reading this far. Below is a list of stuff I love. The list does contain referral links.

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 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).