This month's dividend income came in at $350.21, a 3.9% increase over 2015's $337.13.
Dividend changes this month:
- CAR.UN raised the monthly dividend 2.5% from $0.1017/share to $0.1042/share, increasing our passive income by $2.04.
- CM raised the quarterly dividend 2.5% from $1.18/share to $1.21/share, increasing our passive income by $1.92. This is the fourth time in a year for a total increase of 11%. A dividend raise every quarter this year!
- T.TO raised the quarterly dividend 4.5% from $0.44/share to $0.46/share, increasing our passive income by $10.48. This is the second time in a year for a total increase of 9.5%.
- TRP raised the quarterly dividend 8.7% from $0.52/share to $0.565/share, increasing our passive income by $23.22.
Dividends in USD are converted to CAD using the monthly average exchange rates from the Bank of Canada.
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