Dividend Income Update April 2019

Dear fellow investors,

April is my favourite month. The snow really disappears and you can spend a lot more time outside. I went on a few trips and enjoyed every day to the fullest.

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As many of you know, I’m still catching up on some posts from previous months. With that disclaimer out of the way, here is how April shaped up!

April was an excellent month for the Niche Fund. With a yoy growth of 32%, it set a new growth record for 2019. The income amount placed it third overall for 2019, with $28.17 in dividend income. ETFs and the mutual fund accounted for $9.17 of the total. Like clockwork, my Canadian bank holdings accounted for the largest amounts overall: BNS and TD. 

April 2019 Dividends
VTI: $4.51
KO: $4.80
VUS: $3.07
ZFM: $0.36
BNS: $6.96
MAW104: $0.70 (re-invested in MAW104)
XSH: $0.53
CGX: $0.58
TD: $6.66 
Total: $28.17

Most of the holdings in my Niche Fund pay quarterly dividends so some months will have more income reflected than others. My Dividend Income page has a calendar showing when I expect to receive dividends from each of my stock holdings.

If you’re new to investing but don’t know where to start, I recommend checking out Wealthsimple. This robo-advisor makes it extremely easy to get started with investing in ETFs. You’ll get solid diversification, automated purchases, no commission on trading and very low fees. In fact, I didn’t pay anything for my entire first year. The fees I pay now are far lower than any of the mutual funds I’ve ever owned, not to mention the large commission fees charged by banks for trading stocks and ETFs.

The featured image for this post is a shot of TD Place at Lansdowne Park in Ottawa.

Yours, until the financial and consumer staples sectors pay me to hold some of their best stocks,

Dividend Niche

 

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