Portfolio Value Update - August 2022

Portfolio Value
In August, my portfolio value decreased by $3,108 from $155,506 to $152,398. The first three weeks the markers were performing very well and I had my portfolio almost crossing $160K, but in the last week the markets took a beating and lost about a thousand points which dragged my portfolio value down. At least we have better buying opportunities for September.



Dividends
Dividends received in August 2022: $642.09
Dividends received in August 2021: $453.41
Year-Over-Year Dividend Growth: $188.68 or 41%
Year-To-Date Dividend Income: $4,788.25


Portfolio Value Update - July 2022

Portfolio Value
In July, my portfolio value increased by $7,455 from $147,601 to $155,506. We saw a good recovery in the stock market, which pushed my portfolio above 150K again. Going forward, the growth will be minimal as I’m dumping more money into my mortgage. I’m currently paying a low interest rate, but because the rates are going up, I decided to pay off the mortgage a lot sooner. I don't want to refinance with 5+%.



Dividends
Dividends received in July 2022: $637.53
Dividends received in July 2021: $452.58
Year-Over-Year Dividend Growth: $184.95 or 40%
Year-To-Date Dividend Income: $4,146.16


Portfolio Value Update - June 2022

Portfolio Value
In June, my portfolio value decreased by $12,792 from $160,393 to $147,601. It’s quite a big drop but in line with the boarder Canadian market which fell 8%. It’s not too bad. We just need to hold tight and continue investing until we reach our goals.


Dividends
Dividends received in June 2022: $618.36
Dividends received in June 2021: $443.67
Year-Over-Year Dividend Growth: $174.69 or 39%
Year-To-Date Dividend Income: $3,508.63

So far the dividend growth has been strong. My dividends usually grow 10 to 15% year over year, so the 39% growth is really good.


Portfolio Value Update - May 2022

Portfolio Value
In May, my portfolio value increased by $4,250 from $156,143 to $160,393. May was a volatile month for stocks. The markets dipped in mid-May, but then recovered quickly by the end of the month. I’m glad that my portfolio is above the 160K mark.



Dividends
Dividends received in May 2022: $605.76
Dividends received in May 2021: $475.69
Year-Over-Year Dividend Growth: $130.07 or 27%
Year-To-Date Dividend Income: $2,890.27

I think it’s a great progress. So far this year, the dividends have been growing at a good pace. I continue to add more capital and reinvest the dividends to fuel future growth. Furthermore, the dividend increases play an important role in dividend growth. A lot of my stocks have raised the dividends this year.



Portfolio Value Update - April 2022

Portfolio Value
In April, my portfolio value decreased by $5,794 from $161,937 to $156,143. The market dropped in mid-April following the interest rate hike by the central bank. The drop has set me back to where I was in March. But this is a buying opportunity and there are a lot more deals that I could take advantage of in the coming months.


Dividends
Dividends received in April 2022: $605.33
Dividends received in April 2021: $463.27
Year-Over-Year Dividend Growth: $142.06 or 30%
Year-To-Date Dividend Income: $2,284.51

I’m now earning over $600 per month in passive income from regular dividends. This is a new milestone for me and I couldn’t be happier with the progress so far. All dividends are invested back into dividend paying stocks.