I thought last month was a crazy one… I was wrong. This is the beauty of DGI, it just doesn’t stop growing! This month is ANOTHER RECORD BREAKER!! Let’s take a look at the dividends I’ve received in October 2017 from both my investing accounts:
- Financial 15 (FTN): $172.21
- Savaria Corp (SIS): $16.32
- Telus Corp (T): $26.60
- Park Lawn Corp (PLC): $19.99
- Enbridge Income Fund Holdings (ENF): $10.09
- Financial 15 (FTN): $445.10
- Savaria Corp (SIS): $2.10
- Dream Global REIT (DRG.UN): $17.20
- Rogers Sugar Inc (RSI): $15.39
Total: $725.00 (NEW RECORD!)
Last year, in October 2016, I received a total of $638.01, which represents a YoY increase of 13,6% (see graph).
I’m up to $6,497.78 for the YEAR (see graph). So, I have $1,502.22 left to go if I want to reach my 2017 goal of $8,000. In other words, $751.11 per month until the end-of-year. I expect October will be my best month of the year, particularly with the unloading of a few FTN shares recently, so it’s unlikely that I will actually reach my 2017 goal.
1- The newly acquired shares of Sienna Senior Living (SIA) and Enbridge Income Holding Fund (ENF) will start to pay their monthly dividends soon.
2- I’m trying to generate additional capital to purchase some more long-term DGI stocks. I’ve taken some drastic means of doing so, as you can see here. Let’s hope it pays off…
3- The next 2 months are unlikely to yield $750 each as I’ve dug slightly into my FTN positions to diversify and strengthen some of my existing positions. This is part of a long term plan and will make the short term numbers suffer a bit. Still, I’m not as interested in seeing MoM increases as I am seeing YoY increases.
While I won’t meet my 2017 goal (but will come damn close to it!), my other goals (2018 and after) remain unchanged.
Anxious to hear about your month, guys! Hope you all had a blast at Fincon!
Money Lover, Dividend Growth Investor, Youtuber, and Blogger!