November 2022 Passive Income
Greetings everyone, welcome to my November 2022 passive income update. November was a busy month both in terms of passive income and life. On the 30th, my family and I said goodbye to my aunt in Winnipeg. She lived and enjoyed every day of her 87 years on this earth, she will be dearly missed. Dividend Increases/Announcements At the beginning of the month, Cenovus ($CVE) declared a variable dividend of 11.4 cents to be paid out in December, and Tourmaline Oil Corp. ($TOU) declared a special dividend of $2.25 per share payable this month. Eight companies that I hold also announced increases to their annual dividend of varying percentages - Tourmaline, CNRL, Arc Resources, Telus, Suncor, Alimentation Couche-Tard, RBC and Enbridge kept the business news wires busy, these increases will add a total of $381.48 in annual passive income! Buys & Sells This month I exited my position in Algonquin Power at a loss, and my position in Power Corporation up a modest 1% With these funds I purch