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.