Sunday, July 3, 2016

Dividend Update - June 2016

      The month of June 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.

       During the month of July, the markets were strongly impacted due to the referendum over weither Britain would exit the European Union.  The days leading up to the vote, the markets were relatively quiet.  The vote was on a Thursday. The day after the vote, in which Britain voted to leave the European Union, the markets dropped by a lot.

      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

  • Enerplus (ERF)  -$ 5.58
  • Enbridge (ENB) - $8.22
  • Shaw Communications (SJR.B)    - $19.75

  • Boston Pizza  Royalties Fund (BPF.UN)   - $26.91
  • Claymore 1-5 yr Laddered Corporate Bond ETF (CBO)  - $0.69
  • CN Rail  (CNR) - $14.25
  • Cominar REIT (CUF.UN ) - $5.39
  • Dream Office REIT   (D.UN)  - $ 17.50
  • Enbridge (ENB) - $17.49
  • Killam Properties REIT (KMP.UN) - $  15.10
  • Horizons Natural Gas Yield ETF - $3.51

Total = $134.39

        This total represents a 19.62% decrease from 3 months ago and 42.37% decrease year over year. The 3 month decrease was largely a result of Enerplus cutting its dividend and selling of 300 units of the XDV ETF.  The year or year decrease was due to selling Just Energy and Enerplus cuts its dividend over the last year. Enerplus is a company involved in the producing of oil and natural gas.

      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 $1921.47 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.

How was your dividend income for June?

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 comment:

  1. It always sucks to see a dividend cut and experience a y/y decrease but I assume you put that XDV money went into some other dividend paying securities that might not pay out in June?