Wednesday, May 3, 2017

Dividend income Update - April 2017

      The month of April 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 has falling during the month, and it currently sits just below $48.00 per barrel.  As April and May is when breakup occurs in the Western Canadian oil patch.  What is breakup? Breakup is where oil rig activity slows to a crawl as the ground is thawing.  This thawing causes the dirt roads and lease roads to be difficult to have large trucks travel.

      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) - $24.96  (transfer agent)
  • Bank of Nova Scotia (BNS) - $15.20
  • Bell Canada Enterprises (BCE) - $71.75
  • Canadian Imperial Bank of Commerce (CM) - $ 35.56
  • Enerplus (ERF)  -$ 5.58
  • Dream Office REIT   (D.UN)  - $77.25
  • Roger's Communications Class B (RCI.B) - $96.00
  • Shaw Communications (SJR.B)    - $19.75

    • A&W Royalties Income Fund (AW.UN) - $5.05
    • Boston Pizza Royalties Income Fund   (BPF.UN) - $26.91
    • iShares 1-5 yr Laddered Canadian Corporate Bond ETF (CBO) - $0.62
    • Cominar REIT (CUF.UN) - $21.07
    • Dream Office REIT   (D.UN)  - $ 17.63
    • Horizons Natural Gas Yield ETF (HNY)  - $4.45
    • Killam Properties REIT (KMP.UN) - $  15.60
    • TFI International (TFII) - $9.50

    Total = $446.88
        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 $446.88 represents an increase of 8.09% from 3 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 $0.00 in options premiums in April 2017.

         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 April?

    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. Almost 450 in off month is awesome keep up the good work.

      1. Dividendandhobbies,

        Thanks for dropping by. I am definitely not complaining that's for sure. I am grateful to receive this passive income.

    2. Over $400 is impressive. I made a whopping $0.41 in April. I'm new to this form of investing but serious about it. Reading posts like yours gives me motivation to keep going. Congrats on a successful month.

      1. Dividend Portfolio,

        The money grows slowly at first. You have to keep investing and then you will see the snowball gain more and more momentum.

    3. $450 is a nice income for the month. Well done!

      1. Buy, Hold Long

        Thanks for dropping buy. I am grateful to receive this money via dividends and distributions.

    4. As others have noted, solid income for a "quiet" month. You already know I love seeing those Canadian banks paying out others. I'm still a fan of TD, BNS and RY long term. Keep up the good work!

      1. Keith,

        The Canadian Banks are really good investments to own. I currently own 4 of them. I owned RY before and would not mind owning it again.

    5. great work pursuit, thats a fantastic income. nice list of canadian companies paying ya too!