Monday, October 21, 2013

A New Record..

Recently on Oct 15, I had my highest one day total of dividends and distributions (as I own a few REITs)..

 I received a total of $149.26 in dividends and distributions. Of this $149.26 total, $56.00 is from a swing trade I have which will not be counted in my monthly dividend update. That is $149.26 I got paid for just being an owner of high quality companies.

Also, Emera recently increased its dividend to 1.45 per share. This represents a 3.57 percent increase in the dividend which is equivalent of a 3.57 percent raise for doing little to no work. Gotta love it and other companies I own will likely have a bigger dividend increase.

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




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4 comments:

  1. Fast WeeklyOctober 21, 2013 at 6:53 PM

    Way to go IP,
    It's great to hit those new milestones. They keep us focused on the future, which will look very bright given a little bit of time.
    -Bryan

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    Replies
    1. Investing PursuitsOctober 22, 2013 at 7:30 PM

      Hey Brian,

      Yes, it is always good to reach the new milestones. As you said it definitely keeps me focused on what I am doing and doing more positive things with my income.

      Delete
  2. LiquidOctober 22, 2013 at 5:43 PM

    Nice going dude :D Glad the swing trade worked out for you. I bet when you update your portfolio next time you'll be over the $50K mark! Most of the stocks you own have a history of growing dividends over time so you should do well to just continue what you're doing :)

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    Replies
    1. Investing PursuitsOctober 22, 2013 at 7:28 PM

      Hey Liquid,

      I am still in the swing trade with Dundee REIT. As of right now, I am down approximately 11% on this trade excluding the distributiions. I have received a total of $203.47 in distributions while I wait. Definitely makes it easy to sleep at night as Dundee REIT is not going to disappear any time soon.

      Delete

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