Portfolio Value Update - June 2023

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 waiting for a while.

Portfolio Value Update - May 2023

Portfolio Value

Another month behind us and it’s time to report the May update. In May, my portfolio value decreased by $2,983 from $154,617 to $151,634. The market pulled back, but it looks like it’s on its way for recovery. Generally, the summer months are slow, but I’d be glad if my portfolio recovered some loses from May.



Dividends
Dividends received in May 2023: $692.29
Dividends received in May 2022: $605.76
Year-Over-Year Dividend Growth: $86.53 or 14%
Year-To-Date Dividend Income: $3,400.61

May was another great month for passive income. The dividends are inching closer to a steady $700 a month. I think I will cross that mark next month.

Portfolio Value Update - April 2023

Portfolio Value
In April, my portfolio value increased by $3,904 from $150,713 to $154,617. The markets continued to recover helping my portfolio get to the same level it was a month ago. The stocks that performed very well this month were: Bell (BCE.TO), Canadian Utilities (CU.TO), Capital Power (CPX.TO), Fortis (FTS.TO), North West (NWC.TO), and Restaurant Brands (QSR.TO).


Dividends
Dividends received in April 2023: $690.09
Dividends received in April 2022: $605.33
Year-Over-Year Dividend Growth: $87.76 or 14%
Year-To-Date Dividend Income: $2,708.32

April was another great month for passive income. The dividends are inching closer to a steady $700 a month. That was also a great double-digit growth.

Portfolio Value Update - March 2023

Portfolio Value
In March, my portfolio value decreased by $4,206 from $154,919 to $150,713. I’m surprised to see such a steep decline, although the TSX has been on a recovery mode for the past two weeks.



Dividends
Dividends received in March 2023: $676.62
Dividends received in March 2022: $577.97
Year-Over-Year Dividend Growth: $98.65 or 17%
Year-To-Date Dividend Income: $2,018.23

March was another great month for passive income. The dividends are inching closer to a steady $700 a month. It’s a nice chunk of change. Consider our family grocery budget is covered.

Portfolio Value Update - February 2023

Portfolio Value
In February, my portfolio value decreased by $168 from $155,087 to $154,919. It was a slow month for stocks. Many stocks have traded sideways without a clear indication if we’re rallying or pulling back. It looks like the markets want to rally into the spring, but the Q4 earnings are kind of disappointing. The banks reported lower earnings either because of the write-offs or because of provisions for credit losses. We’ll see how March plays out.



Dividends
Dividends received in February 2023: $670.93
Dividends received in February 2022: $548.57
Year-Over-Year Dividend Growth: $122.36 or 22%
Year-To-Date Dividend Income: $1,341.61