Tuesday, August 4, 2015

Dividend Update July 2015 - New Milestone Achieved

      The month of July 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 a major focus of the markets and the economy. Some analysts are predicting the WTI price of a barrel of crude oil to remain between $40 to $55 for the next year. Recently some major players in the oil and gas sector in western Canada have started to lay off a lots of specialists. These specialists are the geologists, geophysicists, engineers and scientists.

 Non-registered Account
  • Bell Canada Enterprises (BCE) - $65.00
  • Bank of Nova Scotia (BNS) - $20.70
  • Enerplus (ERF)  -$ 26.45
  • Killam Properties (KMP)  - $5.75
  • Restaurant Brands International (QSR) - $6.19  
  • Roger's Communications Class B (RCI.B) - $48
  • Shaw Communications (SJR.B)    - $19.75
  • TD Bank (TD) - $51.00
  • Boston Pizza  Royalties Fund (BPF.UN)   - $25.34
  • Claymore 1-5 yr Laddered Corporate Bond (ETF) - $0.92
  • Cominar REIT (CUF.UN ) - $5.39 
  • Dream Office REIT   (D.UN)  - $ 16.61
  • Killam Properties (KMP) - $  14.70 
Total = $305.80

     This monthly dividend income result represents the first time that I surpassed the $300.00 total in a month. This total represents a 2.783% increase from 3 months ago and 53.91% increase  year over year.  My dividend in Rogers Communications Class B stock, RCI.B,  was on 100 shares only. When the   put option was assigned in RCI.B, it was after the dividend record date.
       I also received a $3.50 dividend payment from Sherritt International Corporation. I purchased Sherritt International Corporation shares as a trade, so it is not counted for in the dividend income above.
    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 $1379.47 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.

How was your dividend income for July?

Disclosure : Long all securities above.

Photo Credit: www.mipaq,co.za

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. IP,

    Congrats on crossing over $300 for the first time. The first of many, I'm sure. And then $400. And then $500. It's wonderful being a dividend growth investor, knowing that every new milestone will be an old milestone, giving way to something bigger and better. :)

    Keep it up!


    1. Dividend Mantra,

      Thanks for dropping by. It was a great feeling to cross the $300 for the first time. It gives me the extra little boost to try to decide on a way to make extra income to make the snowball grow even quicker.