Portfolio Value Update - August 2023

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%
Year-To-Date Dividend Income: $5,554.52

Portfolio Value Update - July 2023

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. I’m always happy to see a double digit growth in year-over-year income.

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.