Wednesday, August 2, 2017

Dividend Income Update - July 2017




      The month of July 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 channel between $45 to $50 per barrel of WTI crude oil.

        Emera Inc. reported its earnings and there was no dividend increase announced.  This payment on Aug 15th will be the 5 quarter of a quarterly dividend of $0.5225 per share. Emera Inc. (EMA.TO) is a utilities company involved with the transportation and distribution of energy.  Emera Inc. is a partner in the controversial Muskat Falls project. The Muskrat Falls project is a Hydro Electric Project the will create electricity from the falls to supply Newfoundland and Nova Scotia. The electricity will come to Nova Scotia via a subsea cable and land on the Eastern shore of Nova Scotia. This project is currently over budget.
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      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

  • Bell Canada Enterprises (BCE) - $71.75
  • Bank Of Nova Scotia (BNS) - $15.20
  • Canadian Imperial Bank of Commerce (CM) - $35.56
  • Enerplus (ERF)  -$ 5.58
  • Dream Office REIT   (D.UN)  - $78.50
  • Roger's Communications Class B (RCI.B) - $96.00
  • Shaw Communications (SJR.B)    - $19.75
  • Bank Of Nova Scotia (BNS) - $25.21  (Transfer Agent) 

    TFSA
    • 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) - $21.44
    • Dream Office REIT   (D.UN)  - $ 20.88
    • Horizons Natural Gas Yield ETF (HNY)  - $5.83
    • Killam Properties REIT (KMP.UN) - $  15.60
    • TFI International (TFII) - $9.50


    Total = $453.38
        
        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 $453.38 represents an increase of 1.455% from 3 months ago.

         Dream REIT has reduced the amount of distribution they pay monthly which was announced in February 2016.  Dream Office REIT again reduced their annual distribution again and will take effect with the July 2017 distribution to be paid on August 15.  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 $68.05 in July  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 July?

    Disclosure : Long all securities above.

    Photo Credit: www.mipaq,co.za

    DISCLAIMER
    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.




    4 comments:

    1. That's quite a month man, I aspire to get there someday.

      For the utilities, I always found Fortis (use to own some shares it back in the day) seemed like a better option. But I haven't dug deep into it. What are your thoughts?

      ReplyDelete
      Replies
      1. Personal Alpha Investments,

        Fortis is on my radar. Fortis has a longer history of dividend raises. I am no position to purchase shares in anything right now.

        My cost basis on Emera is around $31 a share as I bought my position around 5 years ago. I think they will do well in the coming quarters. It was a toss up between Fortis and Emera 5 years ago, and I chose to go with Emera. I was living in Nova Scotia at that time, and Emera is the parent company of Nova Scotia Power. The stock has been good to me.

        Delete
    2. IP -

      Nice job with the income - what's this Boston Pizza realty? Are they involved in pizza shops? That's something I can support!

      -Lanny

      ReplyDelete
      Replies
      1. Lanny,

        Boston Pizza is Canada's leader in casual dining. Their restaurants (mostly owned by franchisees) consist of a main restaurant section and a lounge. The lounge is a sport's bar. When you walk in front doors, there will usually be 2 more doors. One door is for the lounge and one for the restaurant section. No kids in the lounge section. You can order liquor and food in both sections.

        The owners of Boston Pizza wanted to share some of the profits, but did not want to give up any equity. The Boston Pizza Royalties Income Fund, whose ticker symbol is BPF.UN was created in 2002. BPF.UN makes money from the royalties from the franchises. The royalties excluding liquor and promotional items are from gross sales. The royalty is 7%. Currently 5.5% goes directly to the fund and 1.5% directly to Boston Pizza International owners. Also, Boston Pizza International owners own around 24% of the royalties fund.
        At Boston Pizza, you can have pizza, pasta dishes, wings, desserts etc. The pizza is different from what you would get when ordering a pizza from your usual pizza shop.

        BPF.UN trades on the Toronto Stock Exchange.

        This is the website of the fund http://www.bpincomefund.com/en/home.aspx

        Delete