Passive Income Update – Dec 2015

Welcome to my monthly passive income update for December 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 December 2015 was a massive C$914.67 – a new all-time high! 🙂

A nice little pleasant surprise we received on new years eve – I noticed that my wife’s mutual fund holding (Scotia Diversified Monthly Income Fund) paid out an annual distribution that I wasn’t expecting.  The passive income for the month comprised of US$370.06 and C$400.29 (exchange rate is US$1 = C$1.39). Passive income difference is 32.24% QoQ and 31.01% YoY for the month.

Passive Income - December 2015

Passive Income – December 2015

With this, our total passive income for 2015 was an unbelievable $7,840.03! 

Passive income contributing entities:

Stocks:

  • Archer Daniels Midland (ADM)
  • Amgen Inc (AMGN)
  • Brookfield Infrastructure Partners LP (BIP.UN.TO)
  • Canadian National Railway (CNR.TO)
  • Canadian Utilities Ltd (CU.TO)
  • Care Capital Properties Inc (CCP)
  • Chevron Corp (CVX)
  • Cineplex Inc (CGX.TO)
  • Inter Pipeline Ltd (IPL.TO)
  • Johnson & Johnson (JNJ)
  • Magna International (MG.TO)
  • Main Street Capital (MAIN)
  • Power Corp of Canada (POW.TO)
  • Qualcomm Inc (QCOM)
  • Realty Income Corp (O)
  • RioCan REIT (REI.UN.TO)
  • Thomson Reuters (TRI.TO)
  • Ventas Inc (VTR)
  • Wells Fargo & Co (WFC)

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 $615.27 and other passive income totaled $299.41. Read more about why I consider this as passive income in Passivity Index post.

Portfolio Update

Dividend Increases

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

Dividend Decrease

December also saw the first dividend decrease in my portfolio

Added/Deleted Positions

December was a quiet in our portfolio with no additions or deletions.

That’s all folks! Hope you had a great December 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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26 thoughts on “Passive Income Update – Dec 2015

  1. Hi R2R, congrats on the impressive passive income for December and the 2015 year! It is always nice to get unexpected distributions from fund holdings. I look forward to seeing how things go in 2016. Cheers

    • Thanks for the wishes, Deets. I’ll have to reconsider and reevaluate $9K a few months from now. Some of the income is variable and I dont want to consider special dividends as part of the equation, so for now I think I will leave it at $9K goal for 2016.

      Hope you were able to meet and surpass all your 2015 goals
      R2R

  2. Congrats on a solid December passive income and overall 2015 passive income. Very cool that the dividend income was a record too. You’re doing awesome R2R. Your 2016 will be HUGE!

    • Thanks Tawcan. Its great to break records and set personal bests, isnt it? 🙂

      Thanks for the continued support and the wishes. Hope you had a great Dec as well and wishing you continued success in 2016.
      R2R

  3. There…You…Go….Roadmap! That’s what I’m talking about right there. Great month and talk about finishing the year strong. Congrats on the new record. I’m excited to see you cross $10k next year. Keep up the great work.

    Bert

    • Thanks for the wishes, Bert. The special dividend came as a surprise, and a pleasant one at that. Good to finish the year strong and looking forward to building that stream over the coming months/years

      cheers
      R2R

  4. Great results. Always nice to receive an extra payment that wasn’t expected too. Keep doing what you are doing as your year over year growth is showing some nice gains. Moving forward you’ll be just fine even with that KMI cut. Look at that AMGN raise! Stick with those quality names and all will pan out. I experienced my own dividend cuts back in 2009 with GE, WFC and IR. It can happen to even the bluest of blue chips. Thanks for sharing.

  5. Passive income is sweet. It’s even sweeter when companies keep rewarding you with dividend increase even when you don’t have anything to show for it, no wake up to to go work early, no staying behind to finish your job. Man, 26% increase with amegen inc? Imagine what you have to do to get this kind of bonus from work? I love the concept.

    You’re always super organized, how come I don’t see the graph with last year figures vs this year in this post? Hehe I bet, I’m one of the demanding readers, I don’t want to be on your blacklist hahaha. 🙂

    Cheers!

    • Thanks for the wishes, Vivianne. DGI is a sweet spot in investing that appeals to both growth and income/conservative investors. It took me a while to realize the power of dividend investing but better late than never right?

      Ive been thinking of reorganizing my charts in the new year to better illustrate my growth. Its always good to hear what the readers want 🙂 So, ask away and demand more!

      R2R

  6. Nice job R2R, a great year with a great finish. It’s really motivating to see the seeds we’ve planted grow into sizable fruit.

    For both our sake’s, I hope Canada and Australia come through this next year in good shape. Some people write off our economies as just resource based, but there’s a lot more to them than just that.

    Tristan

    • Thanks Tristan. It ended up pretty strongly – hopefully I can keep that momentum going forward.

      Canada and Australia are very similar, and there is quite a bit of truth that we are very resource-based economies, but with a good chunk of it also comes from the service sectors.

      R2R

    • Keep at it, WDYR.
      It wasnt long ago that I was making less than $100 per month and focusing on building that income up has helped me get to this point – where I am within a shout of $1K per month (although I wont be making that regularly – but Im sure I will get there).

      Best wishes
      R2R

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