Saturday, June 2, 2018

Dividend Income Update: May 2018



      
        The month of May 2018 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.

       
 Non-registered Accounts 

  • Bank of Montreal (BMO) - $32.55
  • Cineplex  (CGX) - $14.00
  • Dream Office REIT   (D.UN)  - $52.58
  • Enerplus (ERF)  -$ 5.58
  • Emera Inc. (EMA) - $56.50
  • Shaw Communications (SJR.B)    - $19.75

TFSA
  • A&W Royalties Income Fund (AW.UN) - $5.24
  • Boston Pizza Royalties Income Fund   (BPF.UN) - $26.91
  • Cominar REIT (CUF.UN) - $10.80
  • iShares 1-5 yr Laddered Canadian Corporate Bond ETF (CBO) - $0.57
  • Dream Office REIT   (D.UN)  - $14.00
  • Horizons Natural Gas Yield ETF (HNY)  - $7.00
  • Killam Properties REIT (KMP.UN) - $  16.11


Total = $261.59

    I received a total of $261.59 in dividend income for the month of May 2018.  This represents a 2.52%  decrease from 3 months ago and 22.41%  decrease year over year.  The decrease from 3 months ago is mostly of a result of Cominar REIT reducing its distribution from $1.14 to $0.72 annually.

    I received $0.00 from option premiums within my investment accounts in May 2018.

    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 May 2018?

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.



2 comments:

  1. IP,

    That's a bummer that your dividend decreased compared to last year due to the reduced payment from your REIT. That is still a nice amount of dividend income though for May. Enjoy the $261 of cold, hard, cash my friend.

    BErt

    ReplyDelete
    Replies
    1. Bert,

      Thanks for dropping by. Dream REIT has also cut their distribution in the last year, which explains the big decrease year over year. Glad Killam Properties REIT (KMP.UN) has been do well over the last year and plus increased its distribution during the last 12 months.

      Delete