FFJ Portfolio – January 2017 Dividend Income Report

(Last Updated On: August 31, 2017)

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

3 thoughts on “FFJ Portfolio – January 2017 Dividend Income Report”

  1. Looks like you brought in an impressive amount for January even though it is a traditionally “slower” month for passive income. Thanks for sharing.

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