Saturday, October 15, 2016

Dividend Update - September 2016

      The month of September 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 markets continue to go higher in the month of September.  The price of oil continues to be a big topic. Recently watched on BNN, that OPEC believes there will be a bigger surplus in 2017 although they capped production recently.

      One thing for sure, is that I was paid dividends and distributions for being a shareholder or unit holder in  various companies or funds. In  Sept 2016, the Dream Office REIT will be counted as dividend income  for the first time.

 Non-registered Account

  • Enbridge (ENB) - $8.30
  • Enerplus (ERF)  -$ 5.58
  • Dream Office REIT   (D.UN)  - $ 75.00
  • Manulife Financial Corporation (MFC)  - $18.50
  • Shaw Communications (SJR.B)    - $19.75
  • Boston Pizza  Royalties Fund (BPF.UN)   - $26.91
  • Canadian National Railway (CNR) - $ 14.25
  • Claymore 1-5 yr Laddered Corporate Bond ETF (CBO)  - $0.64
  • Cominar REIT (CUF.UN ) - $5.39
  • Dream Office REIT   (D.UN)  - $ 17.50
  •  Enbridge (ENB) - $17.49
  • Horizons Natural Gas Yield ETF (HNY) - $9.99
  • Killam Properties REIT (KMP.UN) - $  15.10

Total = $234.40

        As the amount of distribution from D.UN inside my margin account, will have a large impact on the comparison of dividend income from 3 months or from 12 months ago.  Therefore, I wil not compare Sept 2016 dividend income with that of 3 months and 12 months ago.

 Dream REIT has reduced the amount of distribution they pay monthly which was announced in February.  Recently, I wrote about purchasing more units of D.UN inside a margin account.  Starting in September, the distribution from this D.UN inside the margin account will be included in my dividend income.

     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 September?

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. Awesome month for you only one way to go which is up up and up.

    1. Dividendsandhobbies,

      I am grateful to receive this dividend income. The beauty of it all, that I didn't have to lift a finger after making the investments to collect this income on a monthly or quarterly basis.

  2. I love these quarter-ending months! Great going an keep up the good work!

  3. Thanks for sharing your recent dividend income update. Looks like that passive income is still flowing in nicely even with a Dream REIT reduction going forward. Keep it up!