Monday, May 2, 2016

Dividend Update - April 2016

      The month of April 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 marched higher this month to roughly $44US a barrel  for WTI Crude Oil.  This is good news to go on, but not enough to kick start the drilling activity in Western Canada.  The price per barrel has to go up more and stay up around $50 to $60 dollars a barrel.

      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 Nova Scotia (BNS) - $ 22.68
  • Bank of Nova Scotia (BNS) - $14.40
  • Bell Canada Enterprises (BCE) - $68.25
  • Enerplus (ERF)  -$ 5.58
  • Shaw Communications (SJR.B)    - $19.75
  • Restaurant Brands International (QSR) - $17.99
  • Rogers Communications Inc Class B (RCI.B) - $96.00
  • Boston Pizza  Royalties Fund (BPF.UN)   - $26.91
  • Claymore 1-5 yr Laddered Corporate Bond ETF (CBO)  - $0.69
  • Cominar REIT (CUF.UN ) - $5.39
  • Dream Office REIT   (D.UN)  - $ 17.50
  • Transforce (TFI)  - $8.50
  • Killam Properties REIT (KMP.UN) - $  15.10
Total = $318.74
        This total represents a 20.46% decrease  from 3 months ago and 7.132 % increase year over year. The decrease from 3 months ago is in part due TD paying its dividend  near the end of the month and a distribution for the end of the year being paid in January.  The TD dividend will show up in May and there was no distribution from XDV has my units were called away by an option assignment.

      I also received another distribution payment of $37.50 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 $1846.47 in distributions so far on this trade.  Dream REIT has reduced the amount of distribution they pay monthly which was announced in February.

     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.

Please Note:  One BNS entry is for transfer agent account and the other is from the margin account.

How was your dividend income for April?

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. Solid month over $300. Enough to make any one smile. :)

    1. Dividend Beginner,

      $300 dollars a month definitely enough to make me smile.

  2. I agree with Dividend Beginner. $300 a month is a serious amount. Nice work.

    1. Investing Hunting,

      Thanks for dropping by. I am thankful for the $300 dollars plus in dividend income. Who doesn't love receiving dividend income for doing nothing but being a shareholder.

  3. Keep it up IP. Don't stop! A month at a time and it'll only get higher. Thank you for sharing and I'm glad to be with you on this journey. Cheers my friend.

    1. Dividend Hustler,

      I have had to deal with dividend cuts from a few companies but it is all part of the learning experience. But overall, the trajectory of the dividend income is upwards for sure. It is a great feeling to see the dividend income being deposited in the accounts each and every month.