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Showing posts from June, 2022

May 2022 Dividends

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Greetings everyone, welcome to my May 2022 passive income update. Pretty quiet month activity wise, it was turnaround season for my plant, which kept me busy for a 3 week stretch, so I just let the dividends roll in and I simply added shares via Drip whenever possible. The transfer of my RRSP account at RBC to Wealthsimple was completed this month.  Wealthsimple separates CAD and US stocks inside the RRSP, so moving forward, any dividends received in the US portion will be recorded in CAD at 1:1, RBC used to convert the dividend automatically to CAD for me, so for sake of simplicity I'll just report as CAD funds. Buys & Sells Purchased 30 shares of Tourmaline Oil Corp, resulting in $24 of additional annual income.  Dividend Increases I think this was a record for me, 6 companies announced increases to their dividends this month: These increases add $161.26 in annual dividend income across my TFSA and RRSP accounts, not bad! Income May saw my largest ever month of income and fi