Saturday, February 4, 2017

Dividend Income Update - January 2017

      The month of January 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 January.  The price of barrel of crude oil continues to trade over $50.00 per barrel and is currently around $53.00 per barrel.  With the price of oil seeming to remain above $50.00,  the drilling activity in western Canada has begun to pick up. It is no where near it was about 3 years ago, but certainly a big increase in activity over the last year and a half.

      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 in the margin account will be counted as dividend income  for the first time.

 Non-registered Account

  • Bank of Nova Scotia (BNS)  - $24.07   (Transfer Agent)
  • Bank of Nova Scotia (BNS)  - $14.80
  • Bell Canada Enterprises (BCE) - $68.25
  • Canadian Imperial Bank of Commerce (CM) - $34.72
  • Enerplus (ERF)  -$ 5.58
  • Dream Office REIT   (D.UN)  - $ 76.00
  • Shaw Communications (SJR.B)    - $19.75
  • Rogers Communications Class B (RCI.B) - $96.00

  • Boston Pizza  Royalties Fund (BPF.UN)   - $26.91
  • iShares 1-5 yr Laddered Canadian Corporate Bond ETF (CBO) - $1.28
  • Dream Office REIT   (D.UN)  - $ 17.63
  • Horizons Natural Gas Yield ETF (HNY)  - $3.85
  • Killam Properties REIT (KMP.UN) - $  15.10
  • TransForce International (TFII) - $9.50

Total = $413.44

        The bond ETF , iShares 1-5 yr Laddered Canada Corporate Bond ETF, paid 2 distributions this month for a total of  $1.28.  Cominar REIT did not pay a distribution as they paid on December 30 in addition to the middle of December.

        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 will not compare November 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 2016.  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 received $64.10 in options premiums in January.

     I will update my dividend income tab with the new amount I will include my option premium income also.  It is great to see money from passive income sources deposited into my brokerage account every single month.

How was your dividend income for January 2017?

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. Thanks for sharing your monthly dividend income and congratulations!

    1. Dividend Driven,

      Thanks for dropping by. I am grateful to be able to have dividend income coming in and therefore being able to publish these reports.

  2. Thanks for sharing. Looks like it has been a decent month for you. I hope this increases over the year and next year as well. All the best.

    1. Buy, Hold Long

      Thanks for dropping by. I am hoping it increases. Hoping CUF.UN and D.UN do not reduce their distributions. D.UN has sold off a lot of properties recently.

  3. You crushed it! I just posted mine but came up short and only had 13% YoY growth. Not bad, but need to pick it up!

  4. This is my highest month ever. I only started to include my distribution from D.UN in my margin account this past September.

    We all have things that pop up that make it difficult to have a lot of money to invest and plus the market might be giving fewer opportunities to purchase stocks due to high prices.