Friday, June 5, 2015

Dividend Update May 2015

      The month of May 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.

       The price of a barrel of crude oil is still the major focus of the markets and the economy. Depending on where you live, the degree of the negative effect of low oil prices depends on how many people work in this industry. Right now oil is trading near $58.00 a barrel for July 15 contract. My portfolio is not immune to the low oil prices as Enerplus is trading around between $11.00 and $13.00 for the past while. Enerplus is an oil and gas producer with major assets in Western Canada and some sections of the states.

 Non-registered Account
  • Emera (EMA)  - $40.00
  • Enerplus (ERF)  -$ 26.25
  • Killam Properties (KMP)  - $5.75
  • Royal Bank  (RY) - $77.00
  • Shaw Communications (SJR.B)    - $19.75
  • Boston Pizza  Royalties Fund (BPF.UN)   - $25.34
  • Claymore 1-5 yr Laddered Corporate Bond (ETF) - $0.91
  • Cominar REIT (CUF.UN ) - $5.39 
  • Dream Office REIT   (D.UN)  - $ 16.61
  • Killam Properties (KMP) - $  14.60 
Total = $231.60

     This total represents a 20.85% decrease from 3 months ago and 8.43% increase  year over year.  The 3 month decrease was so large because TD Bank dividend was deposited into my account  in April whereas it was deposited into my account in February.   Although its dividend payment date was January, that payment date fell on a weekend. In some cases the day a week will affect the payment being deposited. So the payment is missing from this May's dividend total due to being paid in April.  Also, the monthly dividend from Enerplus was cut from $0.09 per share to $0.05 per share.  The positive note of this month was higher dividend payments in 4 of the stocks listed above via dividend increases. 
    The last month I sold  put options.  When an individual sells options they receive a premium upfront. The individual gets paid this premium and keeps it regardless if the market goes up, down or sideways.  I sold a put option in Telus Corporation with a expiry date of Jun 19, 2015 for a premium of $35.05 including commissions.
    I also received another distribution payment of $56.00 for my swing trade in Dream Office 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 $1267.47 in distributions so far on this trade.

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

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 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.


  1. Thank you for sharing IP. Keep it up and keep staying consistent. You'll do awesome my friend. Have a nice weekend and cheers to our journey.

    1. Dividend Hustler,

      Thanks for dropping by. It is great to be on this journey of saving and investing towards financial freedom. Keep it up over there as well.

  2. Hey,
    Knowing the status of the oil market and the supply glut we are still somewhat in I personally started looking at the oil transportation market and just picked up $SFL. There is value to be made with cheap $ per barrel price and I think the transportation industry may be one of them.

    1. Rich,

      Thanks for dropping by. I am actually holding off investing in oil related stocks as I am overweight in my portfolio in this area. I drip of few of the stocks like ERF, ENB and JE. JE involves oil and gas but more on the retail side. I did invest in CN Rail twice recently all though they transport oil. Shipping crude oil by rail is only like 5% of the revenues.