Portfolio Value Update - May 2024

Portfolio Value
In May, my portfolio value increased by $4,837 from 154,744 to $159,581. The stock market performed well in May, but got a little volatile towards the end of the month. I’m glad to see the number approaching 160K mark again. I need to get over that threshold to see continued positive momentum.

Dividends received in May 2024: $769.47
Dividends received in May 2023: $692.29
Year-Over-Year Dividend Growth: $77.18 or 11.14%
Year-To-Date Dividend Income: $3,785.73

The dividend growth is at 11.14% compared to the same period of last year. The growth rate is sustained by dividend reinvesting and dividend increases.

Bought 10 shares of Smart Centres (SRU.UN.TO) for $22.26 per share
Bought 10 shares of Telus (T.TO) for $22.06 per share
Bought 10 shares of RioCan REIT (REI.UN.TO) for $16.99 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 accelerated 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 May, I collected $311.14 in adsense revenue from my YouTube channel. It was the best month of this year however; it’s still historically very low. I had months making over 1K per month on YouTube. Things have changed, but I was happy to see a slight uptick in earnings.

May 2024 YouTube Stats:
  • Added 189 New Subscribers
  • $311.14 Revenue
  • Daily Average $10.04


May 2024 Summary
Portfolio Value: $159,581
Dividend Income: $769.47
AdSense Income: $311.14
Combined Income (excluding day job): $1,080.61

That’s it for May 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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