Passive Income Update – Nov 2015

Welcome to my monthly passive income update for November 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 investment portfolio during the month – showing the growth of my dividends going forward.

Passive Income  Update

Passive income for the month of November 2015 was C$675.13  The passive income comprised of US$382.79 and C$162.19 (exchange rate is US$1 = C$1.34). Passive income difference is 0.20% QoQ and 29.67% YoY.

chart-Nov2015

With this, my passive income YTD is $6,925.35. As noted at the end of Sep 2015, we have already achieved our annual goal of earning $5,500 in passive income. The income being generated now is extra gravy on the goal and will help us guide towards higher goals next year.

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)

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 $310.11 and other passive income totaled $365.02. Read more about why I consider this as passive income in Passivity Index post.

Portfolio Update

Dividend Increases

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

Added Positions

November was a really busy month in my portfolio with more than usualy amount of purchases. We initiated/added to the following stocks

  • Kinder Morgan Inc (KMI) – 2 shares DRIPped
  • Omega Healthcare Investors Inc (OHI) – 1 share DRIPped
  • Qualcomm Inc (QCOM)

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

Disclosure: My full list of holdings is available here.

< Passive Income

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24 thoughts on “Passive Income Update – Nov 2015

    • Thats exactly what Ive been thinking about lately – I had no idea if I would get anywhere close to $7K this year. I might set a higher goal than what I have in mind for 2016.

      Thanks for the wishes
      R2R

  1. JC says:

    Nearly $7k with 1 month to go in the year! That’s awesome and some huge progress! We haven’t been able to make as much progress as I’d like this year but with everything else going on that’s okay by me. Hoping to get back on track and really kick some a$$ in 2016. We significantly bumped up our blogging/writing income this year and that was with doing very little of it for the first half of the year so I think next year will be big for that as well. Keep up the good work!

    • Im sure you are looking forward to put this year behind you…its been a hard one. I also noticed that you are writing more these days and that should give some decent supplemental income. Set your sights high and go for some lofty goals in 2016, JC.

      Thanks for stopping by and wishes
      R2R

  2. Great stuff R2R. You’re always way over your yearly goal which is great.

    29.67% YOY increase is pretty awesome too. Looks like 2016 should treat you well. 🙂

  3. Another great month R2R! Interesting to see that your payout are VERY consistent each month. Not sure if you actually planned it that way but you’ll likely thank yourself later when you are living off these dividends in retirement.

    Also, congrats on your streak of staying above $600 since April of this year! You are making tremendous progress my friend. Keep up the momentum. Best wishes and continued success! AFFJ

    • Hi AFFJ,
      The payments are fairly balanced although I dont pay too much attention to it. Lately – esp starting this summer, I have invested more in companies paying out more in the third month of the quarter – so my share of dividends should be bigger then.
      Consistently growing the dividends and keeping them there – thats the name of the game 🙂

      cheers
      R2R

  4. Keep up the great work Sabeel. Steady and consistency will help us all get to the promise land. Thanks for sharing and I’m happy for your progress. Keep hustling it up and keep posting. Always a pleasure stopping by my friend. Cheers.

  5. Another phenomenal month R2R. That earnings chart just keeps on moving in the right direction. I’m sure by now you have crossed the $7,000 mark, so congratulations on the amazing progress and crossing that huge goal. It sounds like you are setting the table for over $10k in 2016. Keep up the great work here!

    Bert

    • Yup, I just crossed the $7K mark a couple of days ago…feels pretty amazing reaching such a high value – esp when I was aiming for $5.5K for the year. Thanks for the patronage – appreciate it and wish you the best for your goals this year and next.

      cheers
      R2R

    • Hey Amber…dividend growth works and its been contributing a bigger part of the pie, but my growth has also come from other sources, which have grown well over the year

      Thanks for stopping by and the wishes
      R2R

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