Passive Income Update – Aug 2015

Welcome to my monthly passive income update for Aug 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 Aug 2015 was C$673.78. The passive income comprised of US$400.74 and C$144.80 (exchange rate is US$1 = C$1.32). Passive income this month is up 3.88% QoQ and 36.5% YoY.

Passive Income - Aug 2015

Passive Income – Aug 2015

With this, my passive income YTD is $4,892.36, which achieves 88.95% of my annual goal of earning $5,500 in passive income.

Passive income contributing entities:

Stocks:

  • Apple Inc (AAPL)
  • AT&T Inc (T)
  • Cineplex Inc (CGX.TO)
  • Inter Pipeline Ltd (IPL.TO)
  • Kinder Morgan Inc (KMI)
  • Main Street Capital (MAIN)
  • Omega Healthcare Investors Inc (OHI)
  • Realty Income Corp (O)
  • RioCan REIT (REI.UN.TO)
  • The Jean Coutu Group (PJC.A.TO)
  • Ventas Inc (VTR) – cash in lieu of 1/4 CCP share

Funds:

  • BMO Aggregate Bond Index ETF (ZAG.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 $289.71 and Other passive income totaled $381.34. Read more about why I consider this as passive income in the Passivity Index post.

Portfolio Update

Dividend Increases

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

Added Positions

We initiated/added to our positions in

In addition, 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)

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

Disclosure: My Full list of holdings is available here.

< Passive Income

Stay updated: Be sure to stay updated on all the posts by subscribing via email or following via Twitter, Google+FacebookPinterest or Instagram.

28 thoughts on “Passive Income Update – Aug 2015

  1. wow, almost 37% Year over year growth is massive and 5 months straight of income over the $600 mark is wonderful. I can’t wait to see my portfolio can produce such numbers. Thanks for sharing and keep us motivated.

    Cheers!

    • Thanks for the wishes, Vivianne. Its really great to have crossed into the $600 mark and will be looking forward to up that in the future. Always a pleasure to hear from you and am glad to be a source of motivation.

      cheers
      R2R

  2. R2R,

    Congrats on the result! Almost $290 in dividend income is fantastic. Even better, you can be almost sure that it’ll be much higher next year… and the year after that… and the year after that. 🙂

    Keep it up!

    Cheers.

    • You said it, DM. The beauty of dividend growth investing is that it keeps building on itself. Combined with new purchases, that income should keep rising for years to come.

      Thanks for stopping by
      R2R

  3. You’re doing great over there, R2R! You’ll hit $5500 in passive income soon. And what an amazing number that is! It takes me about four months to build up $5000 from my job, working extra hours and cutting back on spending and all that. But when it’s passive income, it just comes right to you without any work involved.

    Passive income surely is a beautiful thing.

    Sincerely,
    ARB–Angry Retail Banker

    • Hi ARB,
      Thanks for stopping by and the words of encouragement. It is an amazing number – always good to reach big round figure, something like 5K. While some of it was completely passive and some was semi-passive, the best part is that, most of it gets driven back into the investments and get compounded over time. I look forward to building it more and more 🙂

      Hope you are reaching and surpassing your own personal goals for the year
      R2R

  4. Heck yeah R2R! That’s an amazing month. I love how diversified your income stream is and it is something we are striving for on our website. Knowing that you aren’t dependent on any one income stream is huge!

    Keep up the great work on this website and the amazing progress. Have a great weekend.

    Bert

    • Thats what I aim for, DD. I am supplementing my active income with my passive – but even in passive, I want to keep it diversified. Thats one way to guarantee that money will keep flowing if one source dries up.

      Thanks for stopping by and the words of encouragement
      R2R

Leave a Reply

Your email address will not be published. Required fields are marked *