The month of September 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. At the same time, other analyst are predicting the WTI price for a barrel of crude oil to be around $80.00 a barrel. None of us are able to say where the price of oil is going to be by the end of this year or at the end of the next few years.
The Chinese markets continue to affect our markets along with the low oil prices. Also, in North America, the interests rates have not been raised is a very long time. If the FED raises interest rates then this will likely effect all countries as it shows the United States are slowing their economy and making it more expensive to borrow money.
- Enbridge (ENB) - $3.33
- Enerplus (ERF) -$ 26.70
- Just Energy (JE) - $93.75
- Killam Properties (KMP) - $5.75
- Shaw Communications (SJR.B) - $19.75
- Boston Pizza Royalties Fund (BPF.UN) - $25.34
- Claymore 1-5 yr Laddered Corporate Bond (ETF) - $0.77
- CN Rail (CNR) - $11.88
- Cominar REIT (CUF.UN ) - $5.39
- Dream Office REIT (D.UN) - $ 16.61
- Enbridge (ENB) - $15.35
- Killam Properties (KMP) - $ 14.80
This total represents a 2.663% increase from 3 months ago and 8.921% decrease year over year.
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 $1491.47 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 September?
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.