Invest $30,000 in two TSX stocks to create $1,937 in dividend income

The article mentions that allocating $30,000 between two TSX-listed names that pay monthly distributions could produce about $161.43 per month, or $1,937.16 per year. It cites Firm Capital and Dream Industrial REIT and highlights payout levels and portfolio features reported to support those distributions.

An article describes how a $30,000 allocation across two TSX-listed securities could produce monthly dividend income. It focuses on companies that pay monthly distributions and reports estimated monthly and annual totals. The piece highlights payout history, portfolio composition, and lease indexing as factors the article reports could support distributions. The discussion is presented as an example of a dividend-focused income approach. What the article reports: - The article mentions Firm Capital Mortgage Investment Corporation and says it pays a monthly dividend of $0.078 per share, reported as a roughly 7.7% yield, and that it has paid a regular dividend since 2013. - The article reports Firm Capital focuses on conservative lending, with many investments described as first mortgages with loan-to-value ratios below 75% and smaller individual loan sizes, and that recurring lending fees and interest income are cited as supporting payouts. - The article mentions Dream Industrial REIT and reports a monthly distribution of $0.058 per unit and an approximate 5.2% yield, and notes that as of September 30, 2025 it held interests in 340 assets comprising 552 buildings leased to about 1,465 tenants. - The article reports that roughly 85% of Dream Industrial’s European leases are indexed to inflation and that the REIT is pursuing initiatives such as solar installations, EV charging, and cell towers to add incremental income. - The article estimates that a $30,000 allocation between these two names could produce about $161.43 per month or $1,937.16 annually in dividend income. Summary: The article frames the example allocation as producing about $161.43 monthly and $1,937.16 annually, citing payout history and portfolio features as reported supports for those distributions. Undetermined at this time.