Portfolio Value Upgrade - November 2024

Portfolio Value
In November, my portfolio value increased by $4,974 from 181,010 to $185,984. The growth came from stocks appreciation. I did not add new funds as my TFSA account is maxed out. I will continue to add new funds in my TFSA in 2025.



Dividends
Dividends received in November 2024: $822.23
Dividends received in November 2023: $724.32
Year-Over-Year Dividend Growth: $97.91 or 13.51%
Year-To-Date Dividend Income: $8,565.89

Portfolio Value Update - October 2024

Portfolio Value
In October, my portfolio value decreased by $944 from 181,954 to $181,010. After three consecutive months of strong gains, the markets have finally pulled back a bit in the last week of October. In my TFSA account I had a contribution room of $4000 available for this year. I sold some stock in my regular account and transferred $3000 to TFSA and an additional $1000 from my checking account. Therefore I completely maxed out my TFSA for 2024.



Dividends
Dividends received in October 2024: $808.00
Dividends received in October 2023: $719.96
Year-Over-Year Dividend Growth: $88.04 or 12.22%
Year-To-Date Dividend Income: $7,743.66

I’m pleased with the way the dividend is growing. In October I reached a new milestone of over $800/month in dividends.

Portfolio Value Update - September 2024

Portfolio Value
In September, my portfolio value increased by $9,326 from 172,628 to $181,954. It was another great month with solid gains. The portfolio reached a new milestone by surpassing 180K value for the first time. I don’t expect much gain in October. I feel like the markets will pull back.



Dividends
Dividends received in September 2024: $791.84
Dividends received in September 2023: $725.22
Year-Over-Year Dividend Growth: $66.62 or 9.18%
Year-To-Date Dividend Income: $6,935.66

Portfolio Value Update - August 2024

Portfolio Value
In August, my portfolio value increased by $5,091 from 167,537 to $172,628. It was another great month with solid gains. The portfolio hit a new record by surpassing the 170K milestone. I did not add new funds to my portfolio this month. All gains are purely from stock appreciation.



Dividends
Dividends received in August 2024: $793.28
Dividends received in August 2023: $727.29
Year-Over-Year Dividend Growth: $65.99 or 9.07%
Year-To-Date Dividend Income: $6,143.82

The dividend growth is at 9.07% compared to the same period of last year. The growth rate is sustained by dividend reinvesting and dividend increases.

Portfolio Value Update - July 2024

Portfolio Value
In July, my portfolio value increased by $11,141 from 156,396 to $167,537. So far this was the best performing month of the year. I’ve been trying to break above 160K and it finally happened. I did not expect the markets to go up that much in July. The month of August has started pretty rough and the markets are drifting down. Let’s wait and see how the markets play out.



Dividends
Dividends received in July 2024: $787.20
Dividends received in July 2023: $720.92
Year-Over-Year Dividend Growth: $66.28 or 9.19%
Year-To-Date Dividend Income: $5,350.54

The dividend growth is at 9.19% compared to the same period of last year. The growth rate is sustained by dividend reinvesting and dividend increases.

Portfolio Value Update - June 2024

Portfolio Value
In June, my portfolio value decreased by $3,185 from 159,581 to $156,396. We failed to break above 160K again. With the slow season ahead, it’s hard to predict the direction of the stock market. Regardless of the direction of the market, the dividends keep on rising.



Dividends
Dividends received in June 2024: $777.61
Dividends received in June 2023: $705.70
Year-Over-Year Dividend Growth: $71.91 or 10.18%
Year-To-Date Dividend Income: $4,563.34

The dividend growth is at 10.18% compared to the same period of last year. The growth rate is sustained by dividend reinvesting and dividend increases.

Portfolio Value Update - May 2024

Portfolio Value
In May, my portfolio value increased by $4,837 from 154,744 to $159,581. The stock market performed well in May, but got a little volatile towards the end of the month. I’m glad to see the number approaching 160K mark again. I need to get over that threshold to see continued positive momentum.



Dividends
Dividends received in May 2024: $769.47
Dividends received in May 2023: $692.29
Year-Over-Year Dividend Growth: $77.18 or 11.14%
Year-To-Date Dividend Income: $3,785.73

The dividend growth is at 11.14% compared to the same period of last year. The growth rate is sustained by dividend reinvesting and dividend increases.

Portfolio Value Update - April 2024

Portfolio Value
In April, my portfolio value decreased by $3,390 from 158,135 to $154,744. The Canadian stock market experienced a slight downturn with a drop of around 600 points. This decline had an adverse impact on my portfolio overall value.


Dividends
Dividends received in April 2024: $769.22
Dividends received in April 2023: $690.09
Year-Over-Year Dividend Growth: $79.13 or 11.46%
Year-To-Date Dividend Income: $3,016.26

The dividend growth is at 11.46% compared to the same period of last year. The growth rate is sustained by dividend reinvesting and dividend increases.

Portfolio Value Update - March 2024

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 increases.

Portfolio Value Update - February 2024

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 growth rate is sustained by dividend reinvesting and dividend increases.

Portfolio Value Update - January 2024

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 increases.

Portfolio Value Update - December 2023

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 drop the borrowing rate. I’m curious to see how the market will perform during the first quarter of 2024.



Dividends
Dividends received in December 2023: $736.14
Dividends received in December 2022: $661.15
Year-Over-Year Dividend Growth: $74.99 or 11%
Year-To-Date Dividend Income: $8,460.16

The dividend growth is at 11% compared to the same period of last year. The growth rate is sustained by dividend reinvesting and dividend increases.