Tuesday, April 4, 2017

Dividend Income Update - March 2017

      The month of March 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 barrel of crude oil continues to trade over $50.00 per barrel and is currently around $50.00 per barrel.  With the price of oil seeming to remain above $50.00,  the drilling activity in western Canada has begun to pick up. Other major things to happen in Canada was the Government of Alberta releasing it's budget just ahead of the federal government releasing their budget. The Alberta Government is forecasting the price per barrel of WTI crude oil to remain below $60.00 until 2021. The recovery in Alberta is going very slow.

      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

  • Enbridge (ENB) - $9.32
  • Enerplus (ERF)  -$ 5.58
  • Dream Office REIT   (D.UN)  - $ 76.75
  • High Liner Foods (HLF) - $7.00
  • Shaw Communications (SJR.B)    - $19.75
  • WestJet Airlines Ltd. (WJA) - $19.60
    • A&W Royalties Income Fund (AW.UN) - $5.05
    • Boston Pizza Royalties Income Fund   (BPF.UN) - $26.91
    • Canadian National Railway (CNR) - $15.68
    • iShares 1-5 yr Laddered Canadian Corporate Bond ETF (CBO) - $0.62
    • Cominar REIT (CUF.UN) - $20.95
    • Dream Office REIT   (D.UN)  - $ 17.63
    • Enbridge (ENB) - $19.24
    • Horizons Natural Gas Yield ETF (HNY)  - $4.67
    • Killam Properties REIT (KMP.UN) - $  15.10

    Total = $263.85
        As the amount of distribution from D.UN inside my margin account, will have a large impact on the comparison of dividend income from 12 months ago. This dividend income total of $263.85 represents an decrease of 3.32% from 3 months ago.  This decrease is attributed to the fact CUF.UN.TO paid distributions twice in December which results in no payment in January.  This decrease is lessened to do DRIPs and new distribution from AW.UN.

       I currently own 100 shares of High Liner Foods, but 50 shares were bought after the ex-dividend date.

     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 $245.15 in options premiums in March.

         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 March?

    Disclosure : Long all securities above.

    Photo Credit: www.mipaq,co.za

    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. Very nice work. I would definitely be pretty happy with that.

      1. Buy, Hold Long

        Who doesn't love receiving passive income or option premiums? I am more than happy to receive it.

    2. Congratulations, Investing Pursuits -- keep up the good work and happy investing!

    3. Nice job with both your dividend and options income. I'm seeing more and more hybrid investors online as many DGI folks are getting their feet wet with options. Congrats on a solid showing!

      1. Keith,

        Thanks for dropping by. Lots of DGI investors are the trying their hands at options. When the snowball is moving along, adding more income in the forms of option premiums provides more money to invest. The downside to options, if a person doesn't want to use margin, means they might miss on an opportunity if a different stock fell in price.

        A big hurdle is the fees of brokerages for options. My brokerage charges $9.95 + $1 per contract for options trades with a $24.95 exercise or assignment option. Interactive Brokers fees are like $1 or so and their is no option assignment or exercise fee.

    4. Thanks for sharing and nice job with your div and options action. Do you do any index investing?

      1. Passive Income Dude,

        I do not invest is an index like the TSX Compositive Index or S&P Index.

        CBO.TO, as listed above, is a BOND ETF that "Seeks to replicate the performance of the FTSE TMX Canada 1-5 Year Laddered Corporate Bond Index™, net of expenses.'. So this is basically an index ETF.