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 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.

Bought 3 shares of CIBC (CM.TO) for $57.29 per share
Bought 27 shares of Smart REIT (SRU.UN.TO) for $26.56 per share

I just did two small purchases by reinvesting the dividends. Next month I plan to buy more stocks. I have $3000 of unused contribution room in my TFSA account. I might pick up some beaten up stocks.

Ads Revenue
In April, I collected $321.14 in adsense revenue from my YouTube channel. YouTube earnings are down for year ago because I’m posting less videos. I plan to post more videos in summer.

April 2023 YouTube Stats:
Added 486 New Subscribers
$321.14 Revenue
Daily Average $10.71


April 2023 Summary
Portfolio Value: $154,617
Dividend Income: $690.09
AdSense Income: $321.14
Combined Income (excluding day job): $1,011.23

That’s it for April update! Let me know what you think of my progress. Feel free to share your progress in the comment section below. Thank you for reading and until next month!