Wednesday, June 4, 2014

Dividend Income - May 2014

 The month of May 2014 is another month of increasing dividend income. 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 Account
  • Killam Properties (KMP)  - $5.75
  • Shaw Communications (SJR.B)    - $18.33
  • Just Energy (JE) - $47.88
  • Enerplus (ERF)  -$ 45.63
  • Emera (EMA) - $36.25

  • Killam Properties (KMP) - $  14.00
  • Dundee REIT   (D.UN)  - $ 16.61
  • Cominar REIT (C.UN) - $5.28
  • Boston Pizza  Royalties Fund (BPF.UN)   - $23.87
Total = $213.60

This total represents a 1.007% increase from 3 months ago and 18.12%  year over year.  This is a small increase from 3 months ago, due to DRIP.

I also received another distribution payment of $56.00 for my swing trade in Dundee REIT in my non-registered account. This is not listed above since it is a trade, so I keep the money in the account and do not pay myself first with this payment. I have received $595.47 in distributions so far on this trade.

I recently also sold a put option in  Rogers Communications for a option premium of $58.05 after commissions. This amount is not included in my dividend income. If RCI.B falls below the strike price, I would be OK holding this stock.

I will update my dividend income tab with the new amount.

Disclosure : Long all securities above.

Photo Credit: www.mipaq,

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 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


  1. Congrats on holding out with ERF. I bailed on them near $14 and threw in the towel. WHZ sure hasn't been a good replacement for me for ERF.
    Keep up the good work on the portfolio.

    1. Pulling Myself Up,

      Honestly, it was difficult to hold on the ERF bought most of this position using leverage. Since then ERF has reduced its dividend by 50%. A had the DRIP turned on to take advantage of averaging down for free.

      Since holding my this position, I have received $1387 in dividends. It is nice to be in the money in this position as of today's date.

  2. Thanks for sharing your dividend income with us. Over $200 in a month is a very nice income to receive passively. I notice a lot REITs have been paying you. Wouldn't you rather buy dividend growth stocks and focus on dividend growth rather than current yield. I'm always afraid of current high yield REITs and their dividend sustainability.

    1. Div Hut,

      I do planning on buying more dividend growth stocks over REITs in the future. REITs have to pay out 90% of the profits so it difficult for them to increase the distribution in this current environment. The REITs seem to keep buying properties due to the low interest rates.

      Dividend growth companies will grow faster then REITs is another reason why I plan to greatly increase my ownership in them as compared to my REITs.