- Unfortunately, LIQ decreased the monthly dividend 66.7% from $0.09/share to $0.03/share, decreasing our passive income by $154.80. The yield was quite high before (~14%) so it is more sustainable now but still a pretty big hit.
- BNS raised the quarterly dividend 2.9% from $0.70/share to $0.72/share, increasing our passive income by $3.52.
- CM raised the quarterly dividend 2.6% from $1.15/share to $1.18/share, increasing our passive income by $1.92. This is the fourth time in a year for a total increase of 11.3%.
- TRP raised the quarterly dividend 8.7% from $0.52/share to $0.565/share, increasing our passive income by $23.22.
- TD raised the quarterly dividend 7.8% from $0.51/share to $0.55/share, increasing our passive income by $9.12.
Dividends in USD are converted to CAD using the monthly average exchange rates from the Bank of Canada.
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