This month's dividend income came in at $260.67, a measly 1.2% increase over 2015's $257.68. Year-over-year dividend increases should be better in the next few months with our
most recent purchases.
Dividend changes this month:
- RY raised the quarterly dividend 2.5% from $0.79/share to $0.81/share, increasing our passive income by $2.16. This is the second time in a year for a total increase of 5.2%.
- HCP raised the quarterly dividend 1.8% from $0.565/share to $0.575/share, increasing our passive income by $1.64.
Dividends in USD are converted to CAD using the monthly average exchange rates from the
Bank of Canada.
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