Friday, March 4, 2016

Dividend Update - February 2016

      The month of February 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 currently near $34 a barrel.  Tensions appear to be brewing between Saudi Arabia and Iran.  Also, recently at a major energy conference, the Saudis said they can live with low oil prices.  Unfortunately, in Western Canada, the companies need higher oil prices to make it worthwhile to even have the rigs drilling for oil.

       The low oil prices continue to have an effect on the economy in Western Canada and starting to have a major ripple effect across Canada.  As a lot of communities across Canada, have residents who work in the construction and oilfields of Western Canada, these higher earners are now collecting Employment insurance or have no income coming in at all.

      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
  • Bank of Montreal (BMO) - $29.40
  • Emera Inc. (EMA) - $47.50
  • Enerplus (ERF)  -$ 16.53
  • Killam Properties REIT (KMP.UN)  - $5.75
  • Shaw Communications (SJR.B)    - $19.75
  • iShares Canadian Select Dividend ETF (XDV)- $25.39
  • Royal Bank of Canada (RY.TO ) - $79.00
  • Boston Pizza  Royalties Fund (BPF.UN)   - $26.91
  • Claymore 1-5 yr Laddered Corporate Bond ETF (CBO)  - $0.70
  • Cominar REIT (CUF.UN ) - $5.39
  • Dream Office REIT   (D.UN)  - $ 25.95
  • Killam Properties REIT (KMP.UN) - $  15.00
Total = $297.27

        This total represents a 0.037 % increase from 3 months ago and 1.596% increase  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 $1771.47 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 February?

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. Nice month, almost $300 in a single month is always impressive.

    1. Investing Hunting,

      Thanks for dropping by. Yeah it is impressive. I actually made over $300 in dividend/distribution update. I received $56 distribution from the Dream REIT trade I have on and $4.80 dividend from Enerplus trade. I do not count this in the monthly updates as this money stays in the accounts no matter what.

  2. You're killing it dude. You can do a lot with $297.27.

    I've noticed you and alot of other dividend investors have TD in their portfolio. I'm going to start to have to take a look at this. I do like the company, maybe I'll put some of my reserves to this. Thanks for sharing!

    1. Wallet Squirrel,

      I am grateful for receiving the dividend income. It is always nice to have additional income coming in besides a job. Definitely makes it easier to sleep well at night.

      TD is a very well run bank. The big banks in Canada are said to be some of the best run banks in the world. Of course, but an investor has to do their own due diligence and decide if any investment meets their criteria.