Category: FFJ Portfolio

This January 2017 dividend income report is the first of what I hope will be many monthly dividend income status reports.

At the beginning of 2017 I had set a FY2017 dividend income target of CDN$7,000 and US$11,000.

January 2017 is a month in which where dividend income dips slightly. We do not own many shares of companies within the FFJ Portfolio which pay dividends in January, April, July, and October. As a result, we only received CDN $1,203.08 and US$420.67.

US readers will notice the US dividend income seems to be off. The reason for this is that a 15% dividend withholding tax is levied on dividends earned on US stocks held in non-Registered accounts such as Registered Retirement Savings Plan accounts (RRSPs).

Despite the low level of dividend income received in January, I am confident we should be able to reach our target by year end.

FFJ Portfolio Monthly Dividend Income

The purpose of this post is to introduce the Financial Freedom is a Journey Portfolio (“FFJ”). This is an actual portfolio of equity investments in which all investment decisions are made with a long-term perspective in mind.

I undertake to provide monthly status reports of all activity. The vast majority of any activity will consist of the receipt of dividends and the automatic reinvestment of same. Occasional purchases will be made but sales are expected to be extremely rare.

Continue reading “Introducing the Financial Freedom is a Journey Portfolio”