Saturday, June 4, 2016

Dividend Update - May 2016

      The month of May 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 $48US a barrel  for WTI Crude Oil.  There has been a massive wildfire in the Fort McMurray area of Alberta, Canada.  This area is where the oilsands are located. The town of Fort McMurray has nearly been completely destroyed.  Residents started returning back to Fort McMurray on June 1, to see what is left of there homes.  The oilsands plants have started to come back on line. 

      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) - $29.40
  • Enerplus (ERF)  -$ 5.58
  • Emera (EMA) - $47.50 
  • Royal Bank (RY) - $81.00
  • Shaw Communications (SJR.B)    - $19.75
  • TD Bank (TD) - $55.00
  • 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
  • Killam Properties REIT (KMP.UN) - $  15.10
Total = $303.82
        This total represents a 2.20% increase  from 3 months ago and 31.18 % increase year over year.

      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 $1883.97 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.

How was your dividend income for May?

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. Quite a good sum and it seems all your shares are canadian.Good year over year growth.

    1. Desidividend,

      All my stocks are Canadian. Although there are better companies in the US, the foreign exchange rates stops me at this point in my investing.

  2. Nice work IH. Didn't know you were a fellow Canadian! What do you think about Shaw's decision to go into the cell business?

    1. Dividend Beginner,

      I think if Shaw wants to compete in this cell business, they will need to offer full tier cell phone service as well like Rogers, Bell and Telus. All the 3 major players also have discount cell phone companies under there umbrella.