Passive Income Update – Jun 2015

Welcome to my monthly passive income update for June 2015. This is part of the scorecard series where I track my dividends and other sources of passive income. I also include changes and updates related to my portfolio during the month.

Passive Income  Update

Passive income for the month of June 2015 was C$689.03, falling just $9 short of an all-time high. Suffice it to say, I am excited to have reached this point, and am hoping to reach a new all-time high next quarter. The passive income comprised of US$355.56 and C$244.58 (exchange rate is US$1 = C$1.25).

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With this, my passive income YTD is $3,506.96, which achieves 63.74% of my annual goal of earning $5,500 in passive income.

Passive income contributing entities:

Stocks:

  • Archer Daniels Midland (ADM)
  • Canadian National Railway (CNR.TO)
  • Chevron Corp (CVX)
  • Cineplex Inc (CGX.TO)
  • Inter Pipeline Ltd (IPL.TO)
  • Johnson & Johnson (JNJ)
  • Magna International (MG.TO)
  • Main Street Capital (MAIN)
  • Qualcomm Inc (QCOM)
  • Realty Income Corp (O)
  • RioCan REIT (REI.UN.TO)
  • Thomson Reuters (TRI.TO)
  • Wells Fargo & Co (WFC)

Funds:

  • BMO Aggregate Bond Index ETF (ZAG.TO)
  • BMO Equal Weight Utilities Index ETF (ZUT.TO)
  • iShares Canadian Financial Monthly Income Fund (FIE.A.TO)
  • Scotia Diversified Monthly Income Fund (mutual fund)

Other:

The breakdown of my passive income contributing entities: dividends from stocks and funds totaled $297.35 and other passive income totaled $391.68. Read more about why I consider this as passive income in Passivity Index post.

Portfolio Update

Dividend Increases

June saw dividend increase announcement from the following in my current holdings.

Added Positions

Over the course of the month, I initiated/added to the following securities.

We continued adding to my wife’s portfolio’s positions in the following ETFs. Details of our combined portfolio strategy can be found here.

  • BMO S&P/TSX Capped Composite Index ETF (ZCN.TO)
  • Vanguard FTSE All World Ex-Canada Index ETF (VXC.TO)
  • BMO Aggregate Bond Index ETF (ZAG.TO)

Closed Positions

We closed positions in one ETF during the month of June

That’s all folks! Hope you had a great June as well. Be sure to share your thoughts, comments or concerns below. I love hearing from the readers.

Disclosure: Full list of holdings is available here.

< Passive Income

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26 thoughts on “Passive Income Update – Jun 2015

  1. Congrats on the massive passive income. Looks like you’re way ahead of the annual goal when it comes to progress. Keep up the great work R2R.

  2. Congrats on making almost new record month! Nice looking dividend income and “other” income even nicer. And that Inter Pipeline purchase will add to your dividends every month going forward. Not bad:)
    DL

    • Thanks DL. The IPL extra divs should start kicking in starting the Aug payments. Also, a couple of other new ones kicking in this quarter..hoping to reach a new record come September.

      R2R

    • Thanks for stopping by and the comment, Vivianne. I am considering sharing my portfolio composition and weightage in detail…hopefully, I’ll make up my mind soon.

      cheers
      R2R

  3. R2R,

    Great month! You’re killing it in the “other” section for sure! Great job. Oh, and at the end of your post, I think you meant June. 😉 Thanks for sharing and hope you have an impressive July as well.

    – HMB

  4. Awesome R2R. Keep up the great work and it such a wonderful feeling receiving money. Always glad to see these posts bud. Slowly and surely we will achieve all our goals. I know it. Take care.

    • It is a great feeling seeing all the money flowing in month after month – which requires minimal or no effort. Thanks for stopping by and the words of encouragement, DH.

      cheers
      R2R

    • Thanks for the wishes, DM. Things are starting to look great on the other income – I look forward to putting that money to work in my investments building up my dividend income higher and higher.

      R2R

  5. R2R,
    Another great month. Your full-year goal will be accomplished in September, so Q4 dividends will be all gravy.

    Well done.

    Why do you still hold funds when your portfolio is diversified? just curious. Thanks.

    • R29,
      Thanks for stopping by and the wishes.

      I own 1 high yield fund which pays close to 7% – just purely for income purposes.
      The other funds are in my wife’s portfolio – she is risk averse and did not want to invest individual stocks – so we decided that we will take the approach of diversified ETFs split into stocks and bonds in her portfolio.

      R2R

  6. Thanks for sharing some pretty inspiring results for your dividend income. June has certainly been nice to you. I see some names in common for the month between our portfolios and your pick ups of VTR and BNS echoes my additions as well. Thanks for sharing.

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