Monday, July 3, 2017

Dividend Income Update - June 2017

      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.

        The price of barrel of crude oil has falling during the month, and it currently sits $47.00 per barrel as the time of this writing.  The price of oil previously dropped to below $43.00 per barrel in the last week and a half.

        The Bank of Canada is hinting at a rate increase possibly next week.  If so, it will be the first time the interest rate would be increase in 7 years.  When interest rate is increase, usually the banks are not far behind raising their rates.  Basically, it cost more to borrow money and current interest payments for most people will be higher.

        I personally believe Alberta is going to struggle for the next few years. As we are due to for major recession , if history repeats itself, in the next few years, the price of oil usually remains low or decreases.

      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

  • Enerplus (ERF)  -$ 5.58
  • Dream Office REIT   (D.UN)  - $78.00
  • Highliner Foods (HLF) - $14.00
  • Shaw Communications (SJR.B)    - $19.75
  • Enbridge Inc. (ENB) - $9.85  (Transfer Agent) 

    • 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) - $21.32
    • Dream Office REIT   (D.UN)  - $ 20.75
    • Horizons Natural Gas Yield ETF (HNY)  - $3.90
    • Killam Properties REIT (KMP.UN) - $  15.60
    • Enbridge Inc.  (ENB) - $20.13

    Total = $257.14
        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 $257.14 represents an decrease of 2.54% 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 $59.10 in June  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 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. Nice work, keep those dividends coming and increasing, you are winning!

      1. Buy, Hold Long

        Thanks for dropping by. After this month by drips will need to be turned off for Dream REIT and Cominar REIT. I will leave the DRIPs on for ENB and BNS with the transfer agents for now.

        I have been out of work for over a year, so I need to dividend income to help with expenses soon.

    2. Great job on the increase! What a difference 1yr makes huh?! :) Thanks for sharing and good work,

      1. The huge increase has a lot due to I only started counting my margin account's Dream office units last September. I own 600 units when I first started to count them.

        I have not been making a yearly comparison as I am taking into account that my numbers will be distorted.

    3. Nice year over year jump. I had a similar jump in my investment account and it was fantastic. Keep up the great work!