Friday, January 4, 2019

Dividend Income Update - December 2018



      
        The month of December 2018 is another month of dividend income landing in my accounts. This money is used to help pay my expenses if it is needed. If the money is not needed, it is ALL used to purchase new investments to further increase my cash flow.

       
 Non-registered Accounts
  • Cineplex  (CGX) - $14.50
  • Enerplus (ERF)  -$ 5.58
  • Enbridge (ENB) - $201.30  (margin account)
  • Enbrdige (ENB) - $17.63 (transfer agent)
  • High Liner Foods (HLF) - $42.78
  • Shaw Communications (SJR.B)  - $19.75
  • WestJet Airlines (WJA) - $28.00
Subtotal :  $329.54

TFSA
  • A&W Royalties Income Fund (AW.UN) - $5.43
  • Boston Pizza Royalties Income Fund   (BPF.UN) - $26.91
  • Brookfield Renewables (BEP.UN) - $21.75
  • Canadian National Railway (CNR) - $17.29
  • Cominar REIT (CUF.UN) - $25.44
  • Dream Office REIT   (D.UN)  - $14.00
  • Enbridge (ENB) - $ 22.14
  • Killam Properties REIT (KMP.UN) - $  16.11
Subtotal:  $149.07

Total = $478.61

    I received a total of $478.61 in dividend income for the month of December 2018.  This represents a 2.01% increase from 3 months ago and 78.6% increase year over year.  

    
    I received $226.10 from option premiums within my investment accounts in December 2018.

    I will update my dividend income tab with the new amount I will include my option premium income also.  It is great to see money from passive income sources deposited into my brokerage account every single month.

How was your dividend income for December 2018?

Disclosure : Long all securities above.

Photo Credit: www.mipaq,co.za

DISCLAIMER
I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.

Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.



Portfolio Update : December 2018

The month of of December 2018 is now behind us.  What a month it has been!  The market has been going up and down like a roller coaster.

With the western Canadian province of Alberta cutting oil production to help raise the price of Western Canada Select. Currently the only foreign buyer of Canadian oil is the United States.  The oil from the canadian oil sands cost a lot of money to refine. Companies and the federal government have face hurdles for years to try to get Canadian oil and gas to foreign markets via pipelines.

Portfolio Activity

I previously sold 3 put contracts on WestJet Airlines (WJA) at a strike price of $17 per share and an expiration date of December 21 2018.  These put contracts expired worthless.

So, I took action on WestJet Airlines and sold 3 put option contracts again.  On December 24, I sold 3 put contracts of WJA.TO at $17 strike price for a net premium of $182.05.

On December 6, I sold 1 covered call in margin account on Telus Corporation (T.TO) with a January 18 2018 expiration date $44.05.


Shares Purchased Via DRIP

1 unit of CUF.UN.TO @ $11.96  for a total cost of $11.96  (TFSA)

1 unit of CUF.UN.TO @ $11.35 for a total cost of $11.35 (TFSA)

6 shares of HLF.TO @ $6.64305 for a total cost of $39.86 (Margin Account)

Cominar REIT (CUF.UN.TO) currently pays an annual dividend of $0.72 per unit.  The REIT paid a distribution twice that month. The distribution paid on December 31 instead the middle of January.  Therefore there will be no distribution payment on January 15.  These 2 DRIP purchase adds $1.44 to my annual dividend income.

High Liner Foods (HLF.TO) currently pays an annual dividend of $0.58 per share.  These drip shares had $3.48 to my annual dividend income.


Dividend Increases

On December 4, Bank of Montreal (BMO.TO)  announced a dividend increase of $0.16 per share per quarter.  The annual dividend was increased from $3.84 to $4.00 per share per year.  This represents an increase of 4.17%.

I own 35 shares of BMO.TO, so this increase adds $5.60 to my annual dividend income.

On December 10, Enbridge (ENB.TO) announced a dividend increase of $0.269 per share.  The annual dividend was increase to $2.95 from $2.681 per share.

I currently own 359.278 shares across 3 accounts ,so this increase adds $96.65 to my annual dividend income.

Summary:

As of January 4 , the value of the portfolio is $109908.86. This is a 3.97%  decrease over last month's total.

Disclosure: Long WJA.TO, HLF.TO, T.TO, CUF.UN, BMO.TO

Please Note: All stocks are from the Toronto Stock Exchange except TTR which trades on the        Venture Exchange.

Please Note:  Positions in Restaurant Brands International (QSR.TO) and Brookfield Renewables Partners (BEP.UN) pay dividends and distributions in US dollars, respectively.  My investment tab spreadsheet displays the Canadian dollar equivalent within 15 to 20 minutes of real time.


DISCLAIMER

I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.

Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.

Tuesday, December 4, 2018

Dividend Income Update - November 2018



      
        The month of November 2018 is another month of dividend income landing in my accounts. This money is used to help pay my expenses if it is needed. If the money is not needed, it is ALL used to purchase new investments to further increase my cash flow.

       
 Non-registered Accounts
  • Bank of Montreal (BMO) - $33.60
  • Cineplex  (CGX) - $14.50
  • Enerplus (ERF)  -$ 5.58
  • Emera Inc. (EMA) - $58.75
  • Shaw Communications (SJR.B)  - $19.75
Subtotal :  $132.18

TFSA
  • A&W Royalties Income Fund (AW.UN) - $5.43
  • Boston Pizza Royalties Income Fund   (BPF.UN) - $26.91
  • Cominar REIT (CUF.UN) - $12.66
  • Dream Office REIT   (D.UN)  - $14.00
  • Horizons Natural Gas Yield ETF (HNY)  - $7.84
  • iShares 1-5 yr Laddered Canadian Corporate Bond ETF (CBO) - $0.66
  • Killam Properties REIT (KMP.UN) - $  16.11
Subtotal:  $83.61

Total = $215.79

    I received a total of $215.79 in dividend income for the month of November 2018.  This represents a 17.9% decrease from 3 months ago and 18.0% decrease year over year.  

     The large decrease from 3 months ago was due to selling Dream Office REIT (D.UN) inside my margin account.  This sale is also the main reason for the large decrease year or year.
   
    I received $0.00 from option premiums within my investment accounts in November 2018.

    I will update my dividend income tab with the new amount I will include my option premium income also.  It is great to see money from passive income sources deposited into my brokerage account every single month.

On  Dec 1, I received more dividend income from one stock than I did for all positions in November. 

How was your dividend income for November 2018?

Disclosure : Long all securities above.

Photo Credit: www.mipaq,co.za

DISCLAIMER
I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.

Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.



Sunday, December 2, 2018

Portfolio Update - November 2018

The month of of November 2018 is now behind us.  What a month it has been!

The price of oil continued to dropped a lot over the last month. Oil currently trades at $50.72 for a barrel of WTI barrel of crude oil.  This is not enough to create a wide spread panic but fear in Canada is starting.  Currently, the price of a barrel of Western Canada Select is under $12.00 per barrel.  The reason for this is for a few reasons.  Currently, our pipelines are at capacity and the railways have limited ability to move the oil without  affecting the ability to move other products like grain less efficient.

Alberta is considering taking action. In fact, they said they are in talks to purchase or lease rail cars to move the oil. Currently, our only foreign buyer of our oil is the United States.  Shipping by rail is a lot more expensive and more dangerous than transporting though a pipeline. Alberta is considering the low price of Western Canada Select as a crisis.  Companies in the energy sector have started to lay people off and this is on the heels of people who have been out of work for 3 years due to the Alberta recession caused by low world oil prices.

Later today, Sunday Dec 2, the premier of Alberta will make an announcement.  It is believed that they will lower the production of oil in Alberta which will likely increase the price of Western Canada Select.  Some companies have started laying people off such as Trican Well Services.  Trican has laid off 70 in one week and said they will lay 70 more people in the following week.

General Motors has announced they are restructuring and will close all plants in Oshawa, Ontario.  This will mean the loss of about 14000 jobs.  This is a big blow to the economy of Oshawa when the plants are expected to shut down.  General Motors are planning to cut jobs and possibly close plants in the United States as well.

Portfolio Activity

On November 12, I decided to sell the 121 units of Horizon's Natural Gas Yield ETF (HNY.TO) after the ETF increased in value.  The net proceeds of sale was $1547.41.  This sale was in my TFSA.

On November 19, I took this $1547.41 and the cash in my TFSA to purchase of 17 shares of Royal Bank of Canada (RY.TO)  at $94.14 per share for a total cost of $1605.39 including commissions.  Currently, Royal Bank pays a dividend of $3.92 per share per year paid out quarterly.

The RY purchase adds $66.64 to my annual dividend income. The yield on this purchase is 4.15%.  The yield on the ETF was higher, but sometimes you have to step back to move forward.  Royal Bank if a dividend growth stock as they have been increasing their dividend semi-annually for the past several years.


Shares Purchased Via DRIP

1 unit of CUF.UN.TO @ $10.82  for a total cost of $10.82  (TFSA)

Cominar REIT (CUF.UN.TO) currently pays an annual dividend of $0.72 per unit.  This DRIP purchase adds $0.72 to my annual dividend income.


Dividend Increases

On November 8, Telus Corporation (T.TO) announced a dividend increase of $0.02 per share per quarter, or $0.08 annually.  The annual dividend was increased from $2.10 to $2.18 per share per year.  This represents an increase of 3.81%.

I own 124 shares of T.TO, so this increase adds $9.92 to my annual dividend income.

Summary:

As of December 2 , the value of the portfolio is $114461.43. This is a 3.53%  increase over last month's total.

Disclosure: Long RY.TO, T.TO, CUF.UN

Please Note: All stocks are from the Toronto Stock Exchange except TTR which trades on the        Venture Exchange.

Please Note:  Positions in Restaurant Brands International (QSR.TO) and Brookfield Renewables Partners (BEP.UN) pay dividends and distributions in US dollars, respectively.  My investment tab spreadsheet displays the Canadian dollar equivalent within 15 to 20 minutes of real time.


DISCLAIMER

I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.

Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.

Monday, November 19, 2018

Recent Purchase: Step Back To Move Forward

I recently sold my Horizon's Natural Gas Yield ETF units inside my TFSA as the HNY.TO has increased in value.  I was looking to put the cash to work if the market provided an opportunity.

Today, I felt one of the stocks I recently purchased had a dip.  This stock is Royal Bank of Canada (RY.TO).  Royal Bank of Canada is one of the big 5 banks in Canada that is often regarded as being the best banks in the entire world. 

This stock was on my watch list and was looking to add to it.  Today, I noticed the big dip in the stock price and decided to take action.  I purchased 17 shares of RY.TO at a cost of $94.14 for a total cost of  $1605.39 including commissions.

Royal Bank of Canada currently pays an annual dividend of $3.92 per share. This purchase adds $66.64 to my annual dividend income.  The yield on cost for this purchase is  4.15%.

Owning a dividend growth stock like RY.TO is a lot better than owning an ETF.  Although the yield is lower with this purchase, but over time the dividend will be raised semi-annually like it has for several years.  Sometimes you have to step backward to move forward. 

I will update my investing tab spreadsheet in early December to reflect these changes. 

Please Note:  The stock also trades on the New York Stock Exchange under the ticker symbol RY.

Disclosure:  Long RY.TO

DISCLAIMER:
I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.

Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.

Sunday, November 18, 2018

Recent Sale

     A position that I have held for a few years yield north of 6% annually and paid monthly.  Was it a REIT, ETF, or a regular stock? The position was the Horizon's Natural Gas Yield ETF.  The ETF had fallen on difficult times due to lower natural gas prices.

The investment objectives of Horizons HNY are to provide unitholders with: (i) exposure to the price of natural gas futures hedged to the Canadian dollar, less the ETF’s fees and expenses; (ii) tax-efficient monthly distributions; and (iii) in order to mitigate downside risk and generate income, exposure to a covered call option writing strategy. (Source:  Horizon's ETFs )
The downside of owning an ETF is that you have to pay management fees unlike owning a stock.  This cuts into your returns.  Although the yield was high, the price of the ETF traded below $13 for many months.  The monthly distribution is also different every month.

HNY.TO has increased in value recently, so I decided to sell my position at a profit.  Although HNY.TO provided income their is not much in terms of future growth.  The owned 121 units in my TFSA, that is currently shown in my portfolio.

This sale reduces my annual dividend income by approximately $80.00 per year. I say approximately as the distribution amount varies month to month.

My investing tab spreadsheet will be updated in early December to reflect this sale.

Disclosure: I also owned 337 units of HNY as part of a savings project.  I sold out of this position as well.

DISCLAIMER
I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.

Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.

Sunday, November 11, 2018

Recent Dividend Increases

      As businesses grow and prosper, we stay along for the ride as investors to reap the rewards.  When we buy and hold stocks, we can  use the income paid out via dividends or distributions any way we like.  The best part is when the dividend or distribution is increased and all you had to do is be a shareholder.



First Raise

On November 6, A&W Royalties Income Fund announced their intention to pay a distribution for the period of October 1 to October 31 for shareholders on record November 15 and to be paid out on November 30.  A&W Royalties Income Fund announced a $0.143 monthly distribution which equates to $1.716 per unit annually. The increase from $1.692 to $1.716 represents an increase of 1.418%.

I currently own 38 units of AW.UN.TO.  This increase adds $0.912  to my annual dividend income.  This increase is the fourth one I received in less than 2 years of being an unit holder and the third increase from A&W Royalties Income Fund this year.

This increase is equivalent to investing $ 26.06 of my own money at 3.5% yield.

Second Raise

I recently purchased shares of Telus Corporation (T.TO) over 2 separate transactions.  Telus is one of the big 3 in Communications space in Canada.  The other 2 companies are Bell Canada Enterprises and Rogers Communications.  A fourth distant company is Shaw Communications.  For disclosure, I own own shares in all four of these companies.

On November 8, Telus released their earnings for the third quarter.   Telus increased their dividend from $0.545 from $0.525 quarterly, or from $2.10 to $2.18 per share per year. Telus has been increasing the dividend semi-annually over the pass several years.  This most recent increase represents an increase of 3.81%.

I currently own 124 shares of Telus, so this increase adds $9.92 to my annual dividend income.

This increase is equivalent of investing $283.43 of my own money at 3.5% yield.

Disclosure: Long T.TO, AW.UN.TO

Photo Credit : colourbox.com

DISCLAIMER
I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.

Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.