Author name: Steve

A pretty legit dude.

October 2020 dividend update

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Can you believe October 2020 is already over?

Yes I say this a lot but, look at that dog!

“The intelligent investor is a realist who sells to optimists and buys from pessimists.” - Benjamin Graham.

I keep picking up more BRK.B. I am very overweight in Berkshire but I don’t view that as a terrible problem to have. Warren Buffett is even more overweight in this company than I am!

I plan to keep adding more BRK.B and some low dividend ETF’s to my taxable account every month. My dividend increase will remain fairly steady until I get raises from existing companies or until the start of next year when I will have more room in my tax-free accounts.

Let's check out what happened in October 2020

dividend income

For the month of October, I received dividends from 20 different companies.

  • I received $2188.34 in dividends for October
  • I’m too lazy to find out about how much was non-taxable, but it’s most of it
  • I’m keeping the bulk of my portfolio in lower dividend stock with higher growth (see CN rail) because the tax-free accounts have a very low ceiling for new capital. 
  • October is my middle of the road month or my “B” column.   A being the most, B middle, and C straight up sucky.
  • I won’t increase column B or C just to make it even and buy lesser companies just to stoke my ADHD.

Dividend Increase and highlights

I haven’t been following this too closely as my stocks are fairly passive atm with most of my capital tied up in ETF’s for the moment while I focus on my new ventures.

  • TFII increased its dividend by 12% 🙂
  • AQN increased its dividend by 10%
  • Alaris increased its dividend by 7%

Nuts and bolts

How much free money?

I’ve earned $14,000 in dividends so far this year. Not bad taking 3 months off. I guess I’m averaging above 2 grand a month right now, give or take.

It’s crazy to think I earn about the same per month now as I did for a full year in 2014!

YearTotal Dividends ReceivedTotal Yearly Div Increase
2014$2,421.00$2,421.00
2015$4,169.00$1,748.00
2016$6,192.86$2,023.86
2017$10,760.51$4,567.65
2018$16,223.07$5,462.56
2019$17,804.61$1,581.54
2020$19,106.32$1,302.21
Total$76,677

Since 2014 I have received $71,557 worth of dividends. This does not include any capital appreciation.

what can I buy with all that free money?

I’m going to do this at year-end. My goal was to have enough dividend money banked up to buy a house. Maybe in December…

Until next time.

Stay classy Fire bros

October 2020 dividend update Read More »

Dividend Income – Jan-Aug 2020 ~ And life update :)

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Hello old friends (and new?). What a wild year so far.

So, I had a bit of time on this long weekend and was cleaning up my site and thought to myself, why not a brief update?

I’m still kicking it old-school but time is so precious that I have been way more busy doing than talking about my doings.

It’s Happening

Real Estate and other adventures

I’ve been working hard on this area of my business for about 2 years now and have made several strides in that time. I am learning and making a little bit of money through the process. I’ve just enrolled in the London School of Economics Real Estate and Economics Certificate program so let’s see how that goes.

I’ll give a good update on this front when I get into the mood.

I’ve accumulated a handful of rentals but I plan on expansion soon

P2P lending going fine but rather boring. I’ve averaged 12.6% per year since 2017 so I guess that’s ok. It’s miles behind my stocks where I’ve doubled my value in under 5 years. My tfsa is over triple the value of the TSX since 2016

Also, on this chart you can see my RRSP started 10% below the index in 2016 so that 80% gain is not accurate. Plus this doesn’t factor in dividends, just saying 🙂

Stocks

I sold all my stocks on Jan 31, 2020

I’ve been rebuying since the end of March when the US fed decided to use a bazooka and shoot trillions into the economy.

This year, my goal was to pass $20,000 in total dividends received but that changed since I didn’t collect much from dividends at the beginning of the year.

2020 Dividend Income So Far

My total haul this year is only breaking $9,000 so far but I expect it to dramatically increase as I have re-entered the market with only about 20% in cash holdings left.

Because I got lucky and sold at the height and bought back in at an average 37% discount, I should be looking at a very nice year next year (if the market doesn’t explode again!)

Having not really looked to close into it, I would guess I should get an average of about $2,000 a month in my tax-free accounts in the form of dividends. I’m not really counting on every company I own keeping the dividends so we shall see.

I’m also holding much of my portfolio in low or non-dividend paying stocks because I keep these in my taxable account until I have more room in my tax-free accounts.

In fact, my largest holding now is BRK-B which doesn’t pay a divi.

Stuff

Month201820192020
January$1,104.37$1,626.86$1,595.72
February$913.47$957.73$943.22
March$1,475.55$1,501.45$40.08
April$1,356.51$1,599.25$479.33
May$934.30$972.76$277.97
June$1,530.00$1,674.88$2,821.26
July$1,542.41$1,668.51$1,718.55
August$984.73$891.40$1,082.96
September$1,549.84$1,897.46
October$1,611.55$1,677.00
November$1,230.16$1,110.34
December$1,990.18$2,226.97
YTD Total$16,223.07$17,804.61$8,959.

My total dividend haul this year is like 9g

How Much Free Money?

YearTotal Dividends Received
2014$2,421.00
2015$4,169.00
2016$6,192.86
2017$10,760.51
2018$16,223.07
2019$17,804.61
2020$8,959.09
Total Divs$66,530.14

Since 2014 I have received $66,530 worth of dividends. This does not include any capital appreciation.

Every month I like to see what my dividend income can purchase if I chose to spend it on frivolous stuff.

If I saved all my dividends so far I could buy myself a…

Chevrolet Corvette Grand Sport – $65,495

Zoom

and I’d still have a grand left over!

Stay classy Fire bros

Dividend Income – Jan-Aug 2020 ~ And life update :) Read More »