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 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.

Bought 8 shares of Brookfield Renewable (BEPC.TO) for $29.66 per share
Bought 10 shares of Bell (BCE.TO) for $44.10 per share
Bought 15 shares of Telus (T.TO) for $21.50 per share

All purchases were funded by dividends. As of 2024, I have a new contribution room of $7,000 in my TFSA Account. I didn’t start funding my TFSA yet because I’m prioritizing mortgage payments in the first half of this year. I will probably contribute to my TFSA in Q3. Meanwhile, I will continue reinvesting the dividends.

Ads Revenue
In April, I collected $220.41 in adsense revenue from my YouTube channel. It was a slow month again. The ad rates are down and the views are down too. I’m not worried about that, because my YouTube channel is only my hobby and whatever income I get from it is either used for investments or day-to-day spending.

April 2024 YouTube Stats:
  • Added 114 New Subscribers
  • $220.41 Revenue
  • Daily Average $7.34


April 2024 Summary
Portfolio Value: $154,744
Dividend Income: $769.22
AdSense Income: $220.41
Combined Income (excluding day job): $989.63

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!

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