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

Portfolio Value Update - January 2023

Portfolio Value
In January, my portfolio value increased by $13,538 from $142,269 to $155,087. It was probably the biggest monthly increase of all times. Since the beginning on the new year, the markets rallied to 6-month high, stretching out the valuations of some of the stocks. I did however add $3,500 to my TFSA account, the rest of the increase came from stock appreciation.



Dividends
Dividends received in January 2023: $670.68
Dividends received in January 2022: $552.64
Year-Over-Year Dividend Growth: $118.04 or 21%
Year-To-Date Dividend Income: $670.68

The new year started off on a good note. I’m really happy to see the dividend growth at over 20% and slowly approaching to $700/mo milestone which I hope to reach this year.

Portfolio Value Update - December 2022

Happy New Year everyone! Wishing you all the best in 2023!

Portfolio Value
In December, my portfolio value decreased by $3,595 from $145,864 to $142,269. The year-end selling has dragged my portfolio down and it’s actually back to the same level it was a year ago. But I'm glad that we can contribute an additional $6,500 starting next month. This will boost the value and the payouts!



Dividends
Dividends received in December 2022: $661.15
Dividends received in December 2021: $620.15
Year-Over-Year Dividend Growth: $41 or 6.61%
Year-To-Date Dividend Income: $7,405.42

Please note that this year I did not receive any special dividends in December, that’s why the YoY dividend growth is only 6%.