Passive Income Update – Jun 2019

Welcome to our monthly passive income update for June 2019. This is part of the scorecard series where I track our dividends and other sources of passive income. I also include changes and updates related to our investments during the month – showing the overall progress.

Passive Income  Update

Passive income for the month of June 2019 was CAD$1,059.57, which comprised of US$146.10 and CAD$868.18 (exchange rate is US$1 = CAD$1.31).

The change for the month is 79.46% QoQ and 45.36% YoY for the month. This brings our passive income to $4,339.23 YTD and achieves 54.2% of our annual goal of earning $8K.

Income Sources

Passive income contributing entities:

Stocks:

  • Brookfield Asset Management (BAM.A.TO)
  • Brookfield Infrastructure Partners LP (BIP.UN.TO)
  • Canadian Utilities Ltd (CU.TO)
  • Franco Nevada Corp (FNV.TO)
  • Inter Pipeline Ltd (IPL.TO)
  • Johnson & Johnson (JNJ)
  • Wheaton Precious Metals (WPM.TO)

Options:

Funds:

  • BMO Aggregate Bond Index ETF (ZAG.TO)
  • BMO EM CAD Hedged Bond ETF (ZEF.TO)
  • iShares Core Growth ETF Portfolio (XGRO.TO)
  • iShares Emerging Market Fundamental Index ETF (CWO.TO)
  • Vanguard Emerging Market Bond ETF (VWOB)
  • Scotia Diversified Monthly Income Fund (mutual fund)

Other:

  • Advertising revenue from this blog
  • Interest on cash
  • Cashback credit card

The breakdown of our passive income contributing entities: dividends & options totaled $1,013.68 and other passive income totaled $45.89. Read more about why we consider this as passive income in the Passivity Index post.

Portfolio Activity

Dividend Increases

  • None

Added Positions

During the month, we added the following position to our portfolio

Stocks:

Funds:

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: Our full list of holdings is available here.

< Passive Income

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4 thoughts on “Passive Income Update – Jun 2019

  1. Keep up the good work. Earning four digits in a month passively is always nice. JNJ is our common stock for the month. Any new “weird” stocks on your radar that I never heard of for your next buy? Always love reading your picks.

    • Thanks DivHut. I thought we would have more of an overlap, esp in the dividend stocks space, but I guess a lot of my holdings are Canadian companies.

      Yup…a new “weird” one just got added to the portfolio a couple of weeks ago — will be posting a ‘Recent Buy’ on it soon.

      R2R

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