Dividend Income Stocks
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Hi! Welcome to Dividend Income Stocks. My name is German and I live in Montreal. I invest in Canadian dividend-paying stocks to generate passive income. I started this blog to keep track of my investment activities, portfolio value, and dividend income. I provide monthly updates on dividend income and monthly stock purchases.
Dividend Income Stocks
2w ago
Portfolio Value
In March, my portfolio value increased by $3,424 from 154,711 to $158,135. It was a good month for Canadian markets. The TSX Composite Index has gained 800 points and advanced to 3-year high. The bank stocks contributed to my portfolio growth this month.
Dividends
Dividends received in March 2024: $759.02
Dividends received in March 2023: $676.62
Year-Over-Year Dividend Growth: $82.40 or 12.18%
Year-To-Date Dividend Income: $2,247.04
The dividend growth is at 12.18% compared to the same period of last year. The growth rate is sustained by dividend reinvesting and dividend i ..read more
Dividend Income Stocks
1M ago
Portfolio Value
In February, my portfolio value decreased by $1,249 from 155,960 to $154,711. The TSX index performed relatively well. What dragged my portfolio was the telcos. Both Bell and Telus underperformed the markets in February. But I’m not too worried about that. It’s sure it's a buying opportunity for both stocks.
Dividends
Dividends received in February 2024: $743.44
Dividends received in February 2023: $670.93
Year-Over-Year Dividend Growth: $72.51 or 10.8%
Year-To-Date Dividend Income: $1,488.02
The dividend growth is at 10.8% compared to the same period of last year. The grow ..read more
Dividend Income Stocks
2M ago
Portfolio Value
Welcome to the first monthly update of 2024. In January, my portfolio value increased by $350 from 155,610 to $155,960. It’s basically at the same level as last month. The Canadian stock market was also trading sideways, but still trading on the top range.
Dividends
Dividends received in January 2024: $744.58
Dividends received in January 2023: $670.68
Year-Over-Year Dividend Growth: $73.90 or 11%
Year-To-Date Dividend Income: $744.58
The dividend growth is at 11% compared to the same period of last year. The growth rate is sustained by dividend reinvesting and dividend incr ..read more
Dividend Income Stocks
3M ago
Portfolio Value
In December, my portfolio value increased by $7,585 from $148,025 to $155,610. December was another great month for stocks just like November. The portfolio is back to over $150K once again. Many stocks have rallied to their previous 52-week highs. For example, the Royal Bank of Canada is now trading at $133 compared to $110 a few months ago; CIBC is trading at $63 compared to $48 a few months ago. I think this rally will run out of steam. Let’s not forget that interest rates are not falling back yet. So far, there’s no indication when the central bank of Canada will start to d ..read more
Dividend Income Stocks
4M ago
Portfolio Value
In November, my portfolio value increased by $10,020 from $138,005 to $148,025. That was a healthy recovery compared to the last two months. Some of the stocks that made a big difference in portfolio value gains are: Alaris is up by 23%; BMO is up by 9.5%, Canadian Apartment REIT is up by 19%; CIBC is up by 16%; Great-West Lifeco is up by 16%; Power Corporation is up by 13%; Telus is up by 12%. Looking forward to see how things will play out in December.
Dividends
Dividends received in November 2023: $724.32
Dividends received in November 2022: $655.76
Year-Over-Year Dividen ..read more
Dividend Income Stocks
5M ago
Portfolio Value
In October, my portfolio value decreased by $5,500 from $143,505 to $138,005. October was another month of big declines but not as bad as September. In November, my portfolio value should increase because the stocks have bounced back. Just in the past 4 trading days, the TSX Composite Index is up by a thousand points. Let’s see how November plays out.
Dividends
Dividends received in October 2023: $719.96
Dividends received in October 2022: $653.13
Year-Over-Year Dividend Growth: $66.83 or 10%
Year-To-Date Dividend Income: $6,999.70
The dividend growth is at 10% compared to t ..read more
Dividend Income Stocks
7M ago
Portfolio Value
In September, my portfolio value decreased by $8,370 from $151,875 to $143,505. That’s a big drop for my portfolio. Too bad I don’t have any contribution room to invest in my TFSA. I’d love to pick up some of the cheap bank stocks. I will continue reinvesting the dividends on monthly basis until next year.
Dividends
Dividends received in September 2023: $725.22
Dividends received in September 2022: $647.13
Year-Over-Year Dividend Growth: $78.09 or 12%
Year-To-Date Dividend Income: $6,279.74
Dividend income never disappoints. That’s a great chunk of change and a good year ov ..read more
Dividend Income Stocks
8M ago
Portfolio Value
In August, my portfolio value decreased by $2,402 from $154,277 to $151,875. The TSX index dipped a bit in mid-August, but then recovered quickly towards the end of the month. The reason my portfolio value is down is due to poor performance of the Canadian banks. The quarters weren’t the best and the share prices started to drop, dragging my portfolio down, down, down!! But I’m not worried about our banks. I will keep buying the dips!
Dividends
Dividends received in August 2023: $727.29
Dividends received in August 2022: $642.09
Year-Over-Year Dividend Growth: $85.20 or 13%
Y ..read more
Dividend Income Stocks
9M ago
Portfolio Value
Another month behind us and it’s time to report the July update. In July, my portfolio value increased by $1,651 from $152,626 to $154,277. In the beginning of the month, the market was volatile but then it stabilized towards the end of the month. The TSX index gained about 900 points from the bottom to the peak, helping my portfolio to gain value as well.
Dividends
Dividends received in July 2023: $720.92
Dividends received in July 2022: $637.53
Year-Over-Year Dividend Growth: $83.39 or 13%
Year-To-Date Dividend Income: $4,827.23
July was a great month for passive income ..read more
Dividend Income Stocks
10M ago
Portfolio Value
Another month behind us and it’s time to report the June update. In June, my portfolio value increased by $992 from $151,634 to $152,626. The markets were volatile, but the last week of June played out in my favour, helping my portfolio to lock in some gains.
Dividends
Dividends received in June 2023: $705.70
Dividends received in June 2022: $618.36
Year-Over-Year Dividend Growth: $87.34 or 14%
Year-To-Date Dividend Income: $4,106.31
June was a great month for passive income. I broke a new record by earning over $700 in dividends. Finally a new milestone that I’ve been wait ..read more