June 2025 Dividend Income Update

The portfolio has recovered from April lows and is going on an upward trajectory again. Again, year to date increase is more than I made in my day job. Compounding is nice, but it takes many years of waiting and discipline which people don’t have the patience for.

I’m planning to add another ETF to my portfolio (and I didn’t really think about it before because I wasn’t accumulating much cash in my portfolio), but I’m planning to add CASH.TO (nice ticker symbol right?).

CASH.TO is called Global X High Interest Savings ETF. It basically invests in high interest savings but you get a monthly distribution and it can be traded anytime during a trading day (unlike a high interest savings account or a GIC that kind of locks you in a bit more).

The monthly distribution received is taxed as income if it is held outside of your registered accounts and if you sell it you would have to keep track and pay a capital gain.

I thought I might as well get some income for the money that’s sitting there.

If you like to track your dividend income like I do, here’s a free dividend tracker spreadsheet download for you. I find it motivating to keep track of your numbers and continue to see a positive trajectory.

June 2025 Dividend Income Update

My goal for 2025 is to have at least $39,000 annually of dividend income.

Here’s my May 2025 Dividend Income Update if you want to look at my dividend portfolio from last month.  The forward annual yield at that time was $38,821.

A few notes: I leave the US dividends received/ estimated as a 1:1 US and CAD dollar exchange to keep thing simple.

My June 2025 Forward Dividend Income is $38926 and this is a 0.3% increase from last month, or a $105 increase in annual dividend income.

My “hourly rate” is now $4.44 whether I’m eating or sleeping or cleaning my stove.

Or the rate is $18.71/hour if I was working a 40 hour work week, which means my dividend income covers a minimum wage salary.

The minimum wage in BC increased to $17.85/hr on June 1 2025.

Way to go passive income!

Here’s my screenshot chart from Wealthica below on my 12 month performance relative to VTI as of May 27, 2025. Beating the S&P500, not too shabby right?

To get to this page, log into Wealthica and click on “add-ons” then click on “Performance Report” in the drop down box. You’ll be able to see how your portfolio compares to the S&P/TSX and the S&P 500 (but it doesn’t include the dividends).

Personally, I think it’s not a bad idea to keep track of how your portfolio compares to the benchmark indices, because if you have 75 different Canadian dividend paying companies and your return over the years is only 4% compounded annually then you might want to think about changing your investment strategy.

Comparing my own portfolio to the benchmark (and being appalled at the measly return) is what prompted me to switch to at least 50% of my portfolio in ETFs a few years ago and since then my portfolio has been doing better total growth-wise.

My June 2024 forward dividend income was $35,710 and my June 2025 forward dividend income is $38,926 so the YoY increase is 9.0%.

Here’s how my forward dividend yield looks like compared to the last few years, it has definitely slowed down recently. Sorry the chart looks ugly.

You can read my Wealthica review here if you’re interested in it. It’s not free anymore but it still provides good value for the cost in my opinion.

I love it as it works especially well with my Questrade accounts because of the API access and the graphing capabilities of Wealthica are much better than what you would just get with Questrade.

Unfortunately Passiv Elite is not free for Questrade users anymore, but it is included for Questrade Plus users only (you have to pay a monthly fee for this service).

If you prefer your own spreadsheet instead, and you’re interested in getting your own dividend income spreadsheet tracker, sign up for a free download here.

DIVIDENDS RECEIVED

I like tracking upcoming payments and ex-dividend dates using the Dividend Pro App. I just renewed for another year and they increased the price, it’s now $17.50 or so for a year but I think it’s worth it so I can keep myself updated regarding dividend payments and changes.

Wealthica also has a free add-on called “Income Investor Lite” and you can choose to see the Income Calendar, Dividend Holdings, and Upcoming Payments with a subscription of $9.99/year.

You can do a free trial of the upgraded income investor lite (no credit card needed) for seven days.

The upgraded version has an income calendar showing you the upcoming payments.

Also it shows you the dividends paid (in total), and forward yearly dividends expected including the current dividend yield and your yield on cost (in the paid version).

The free version shows you an income chart of the last 12 months of payments and the forward 12 months of payments expected, however the forward 12 months doesn’t seem accurate.

I like it because you don’t have to manually update any holdings when you make changes to the number of shares you own etc. however, I don’t like that you can’t see it on the phone (and it’s just on desktop).

Therefore, I’ll stick to Dividend Pro for now.

Here are the companies and ETFs that paid dividends and distributions in June 2025. It was a below average paying month.

• Fortis (FTS.TO)
• Manulife Financial (MFC.TO) (Yes, I deep cleaned my stove)
• Vanguard Total International Stock Index Fund (VXUS)
• Suncor (SU.TO)
• Vanguard Emerging Market ETF (VEE.TO)
• iShares S&P/TSX Capped REIT (XRE.TO)
• Riocan Real Estate Investment (REI.UN.TO)

DIVIDEND PORTFOLIO CHANGES

Here are some changes to the portfolio in June:

• I picked up more Vanguard ex-Canada ETF (VXC.TO)
• I dripped one share of Sunlife Financial (SLF.TO)
• I updated the trailing yields of VXC.TO, VTI, VNQ, VEE.TO, and VXUS (some of the distributions were higher than the same time last year and some of them were lower)

Here are some of my favourite five Canadian dividend stocks if you’re interested. One of them has been a quadruple bagger for me, returning over 420% (currently at an all time high).

Keep the snowball rolling!