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B.C, Canada    |

Jesse's October 2018 Dividends


Already at October, what a year 2018 has been and how fast has it flown by. The month of October was another good one, setting a new record for monthly dividends. The month of October brought in $783.15. My DRIP brought in a whopping 72 shares of companies I already own. I decided to add a calculation into this monthly dividend update that calculates the new income that my shares will add come January. (Companies typically pay out dividends once a quarter and usually on the same date). For example, I received 57 new shares of CWX.TO. Since CWX pays out a quarterly dividend of 14 cents, those new 57 shares are going to pay me $7.98 January 2019. with the extra 7.98 that will be an extra share and change. Adding up all the new shares, they are going to pay me an extra $12.50. In a few years, that will keep snowballing, especially as I add capital to my investment portfolio. Watching it grow has been surprising how fast everything has added up. Here is the dividend breakdown for October 2018:







CWX.TO - $301.42

NWC.TO - $60.16

PEGI.TO - $19.72

BCE.TO -  $69.46

T.TO -       $51.98

NWH.UN -$32.80 

PEY.TO -  $19.08 

GS.TO -    $91.50

TD.TO -    $56.28 

BNS.TO - $80.75




October Total = $783.15




I didn't buy any new shares of any companies in October. Bank of Nova Scotia raised their dividend for the October 2018 payout from $0.82 to $0.85. The three cents seems quite small but if they increase it each year, it sure adds up.



The information provided is opinion and for informational purposes only. It should not be considered financial advice. We are not your financial planners and have not considered your personal situation or needs. DIY Wealth does not make any guarantee or other promise as to any results that may be obtained from using our content. Your use of the information received is at your own risk.






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DIY  Wealth