Dividend Update: September 2022

Before I get to my Dividend update, I thought I’d share some recent pictures from my trip to Italy this month.

This was my first big overseas trip since COVID-19 and was very nice to feel normal again out traveling in Europe for several weeks away from the grind of my day job.

Photo 1: The view from the hotel in Positano. Beautiful. My personal take on Positano – expensive and overly touristy. I would not rush to go. $30 Euro to sit on a rocky beach? No thanks, I’ll pass. But still beautiful so I’m not complaining 😉

Photo 2: Matera was absolutely beautiful. Less touristy and way more affordable, albeit more of a hassle to get too (they have a train station but no trains – don’t ask). This is an absolute must-go! Check out the opening scene of the latest James Bond movie to see more footage.

My September 2022 dividend total is $4,662.42

This means that in September:

• I earned $155.41 every day from dividends ($4,662.42 / 30 days).
• I earned $26.49 per hour from dividends (assuming a 9-5pm job).
• I earned $6.48 every hour of every day of the month from dividends.

• My top 3 dividend earners this month were energy/utility related with 39.5% of my monthly dividend total:
  1. Enbridge Inc. ($915.90) – 19.6% of my monthly dividend total
  2. Suncor Energy Inc. ($474.23) – 10.2% of my monthly dividend total
  3. Canadian Utilities ($452.19) – 9.8% of my monthly dividend total

• I sold my Saputo Inc. stock this month and reinvested the proceeds in stock purchases across my existing portfolio.

• Including rental property income, my total passive income in September was $5,005.78

• My equity purchases in September totalled $10,598.72 (I am building a cash bucket for early retirement but finding the current yields on solid dividend growth companies hard to pass up).

Dividends $4,655.66

1. ENBRIDGE INC – $915.90
2. SUNCOR ENERGY INC – $474.23
3. Canadian Utilities – $452.19
4. Manulife Financial – $339.24
5. QCN-Mackenzie Canadian Equity Index ETF – $226.88
6. FORTIS INC – $193.67
7. Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF – $183.24
8. ZFL-BMO Long Federal Bond ETF – $179.51
9. XIC-S&P/TSX Capped Composite Index ETF – $144.02
10. Pembina Pipeline Corp – $128.94
11. GREAT-WEST LIFECO INC – $100.94
12. Sun Life Financial – $85.56
13. RIOCAN REAL ESTATE INVESTMENT TRUST – $68.43
14. BROOKFIELD INFRASTRUCTURE CORP – $71.50
15. BROOKFIELD ASSET MANAGEMENT INC – $6.95
16. Brookfield Infrastructure Partners L.P – $79.30
17. BROOKFIELD RENEWABLE PARTNERS L P – $86.75
18. ISHARES CORE GROWTH ETF PORTFOLIO – $69.83
19. CANADIAN NATIONAL RAILWAY CO – $51.28
20. TRANSALTA RENEWABLES INC – $24.20
21. SHAW COMMUNICATIONS INC – $40.49
22. INTEL CORP – $12.49
23. UNILEVER PLC – $16.01
24. ZCS-BMO Short Corp Bond – $7.26
25. JOHNSON & JOHNSON – $13.36
26. First National Financial – $121.42
27. PRIMARIS REAL ESTATE INVT TR – $2.47
28. AGNICO EAGLE MINES LIMITED – $20.26
29. SAPUTO INC – $18.00
30. ALIMENTATION COUCHE-TARD INC – $13.75
31. QUU-Mackenzie US Large Cap Equity Index ETF – $11.17
32. Brookfield Infrastructure Corp (Class A) – $13.46
33. XSH – IShares Core CDN Short ETF – $3.82
34. BMO LADDERED PREFERRED SHARE INDEX ETF UNIT – $4.50
35. CT Reit – $20.47
36. Smart Reit VAR VT – $120.10
37. Canadian APT Pptys Reit – $24.16
38. NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVTMNT TRUST – $16.53
39. CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST – $25.16
40. ARTIS REAL ESTATE INVT TRUST – $8.10
41. MORGUARD REAL ESTATE INVT TRUST – $10.18
42. H&R REAL ESTATE INVT TR – $6.87
43. ISHARES S&P/TSX CAPPED REIT INDEX ETF – $6.59
44. CI CANADIAN REIT ETF – $6.35
45. ISHARES CORE EQUITY ETF PORTFOLIO – $18.65
46. ISHARES CORE S&P U S TOTAL MKT ETF – 21.12
47. CDZ-iShares S&P/TSX CDN Div Index – $0.38
48. CBO – iShares 1-5 Yr Laddered ETF Corp – $0.15
49. Other – $153.49
50. Addy investment property distribution: $6.76

Purchases $10,598.72

1. 34 shares of Bank of Nova Scotia – $2,390
2. 20 shares of EQB INC – $936.42
3. 20 shares of Telus – $578.61
4. 35 shares of Enbridge – $1,882.16
5. 5 shares of BCE – $307.95
6. 6 shares of ALTRIA GROUP INC – $337.80
7. 19 shares of Brookfield Infrastructure Corp – $1,233.70
8. 31 shares of Fortis Inc. $1,761.83
9. 20 shares of TC ENERGY CORP -$1,185.62
10. 1 share of Manulife Financial – $22.58
11. 1 shares of CT Real Estate Investment Trust – $15.36
12. 0.2255 shares of Royal Bank of Canada – $28.58

Rental (Investment Property) Monthly Income After Carrying Costs: $343.36

Additional Reading:

Dividend Update: September 2021