Monday, February 1, 2016

Dividend Update - January 2016 NEW RECORD

      The month of January 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 fell all the way down to below $27.  Tensions appear to be brewing between Saudi Arabia and Iran.  This might cause the price of a barrel of crude oil to go down even further in the near future. 

        The low oil prices continue to have an effect on the economy in Western Canada.  Layoffs continue to happen in the energy sector and lots of office space becoming vacant in Calgary.  Calgary is a city in Alberta, that is corporate headquarters for a lot of companies in the energy sector.  People from all over Canada work in the oil field due to the types of shifts available.  Workers fly back and forth to work in the oil patch. 

      One thing for sure, is that I was paid dividends and distributions for being a shareholder or unit holder in  various companies or funds.

 Non-registered Account
  • Bell Canada Enterprises (BCE) - $65.00
  • Bank of Nova Scotia (BNS) - $21.78
  • Enerplus (ERF)  -$ 16.38
  • Killam Properties (KMP)  - $5.75
  • Restaurant Brands International (QSR) - $17.90 
  • Rogers Communications Class B (RCI.B) - $96.00
  • Shaw Communications (SJR.B)    - $19.75
  • iShares Canadian Select Dividend ETF (XDV)- $39.52 
  • TD Bank  (TD) - $51.00
  • Boston Pizza  Royalties Fund (BPF.UN)   - $25.34
  • Claymore 1-5 yr Laddered Corporate Bond ETF (CBO)  - $1.57
  • Dream Office REIT   (D.UN)  - $ 25.76
  • Killam Properties REIT (KMP.UN) - $  15.00
Total = $400.75

        This total represents a 9.65 % increase from 3 months ago and 57.7% increase  year over year.  The ETFs  XDV and CBO paid twice this month on January 6 and Jan 29.  These 2 ETFs didn't pay in the month of December, which is likely due to the capital gains component of their distributions so they have to wait until Dec 31 to do their calculations.

      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 $1715.47 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 January?

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. Congrats on the dividend income, IP. Thats a neat progress from 3 and 12 months ago. Keep up the great work!


    1. R2R,

      Thanks for dropping by. Yeah, it was great progress over the 3 months and 12 months ago. Just goes to show the power of investing and dividend increases.

  2. Thanks for sharing IP. Congrats on a new level. Feels wonderful and awesome to see the fruits of your labour. Keep up the good work and never stop bud. Cheers and happy for your progress. Take care.

    1. Dividend Hustler,

      Each dividend and dividend increase gets me closer to my goals. I much rather have money work for me than to work for money.

  3. Awesome results and great growth in your passive income as well. As you stated, "One thing for sure, is that I was paid dividends and distributions..." Exactly! There is always bad news out there. Media outlets get paid to sensationalize everything. It's about ratings. So when world events look scary and uncertain... one thing that remains reliable and predictable are our dividends. Great results. Thanks for sharing.

    1. DivHut,

      Thanks for dropping by. It was quite an impressive month. Today, one of my positions announced a 5% increase in their annual dividend. I will definitely not complain that !!