Wednesday, September 3, 2014

Dividend Income - August 2014

 

 The month of August 2014 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 Account
  • Killam Properties (KMP)  - $5.75
  • Shaw Communications (SJR.B)    - $18.33
  • Enerplus (ERF)  -$ 45.63
  • Emera (EMA) - $36.25
TFSA
  • Killam Properties (KMP) - $  14.15
  • Dundee REIT   (D.UN)  - $ 16.61
  • Cominar REIT (C.UN) - $5.28
  • Boston Pizza  Royalties Fund (BPF.UN)   - $23.87
Total = $165.87

This total represents a 22.35% decrease from 3 months ago and 9.28% decrease  year over year.  The decrease from 3 months ago is that one of most monthly payers, Just Energy, changed their dividend payment schedule to quarterly with the first quarterly payment starting in September. Just Energy also reduced their dividend also to try to get the companies finances in order and to lower its dividend payout ratio. Some of my stocks I DRIP, so these companies paid slightly larger amount of dividends than before.

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 $763.47 in distributions so far on this trade.

Since Jan 2014, I received  $1716.25 in dividends not including the distributions I receive in for 300 units of Dundee REIT in my margin account. The amount distributions that I received for 300 units of Dundee Real Estate Investment Trust since Jan 2014 equals $448.

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

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

3 comments:

  1. One of the things I like about your portfolio is its concentrated. Most investors I see recreate an ETF buy buying several dozen companies and just end up causing tons of costs.

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    Replies
    1. Pulling Myself Up,

      Thanks on the comment on my portfolio. I find it hard to keep up on the news with the amount of companies that I have. So, I could not imagine holding 30 or more companies and have to work at the same time.

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