Recent Dividend Increases

As investors, we love to have raises without doing any extra work on our part.  Once we put our money to work by starting a position in a company, we can sit back with our feet up as the economy keeps rolling along. The companies we own are busy operating and growing year to year.  With profits growing year to year, the company awards its shareholders with increasing dividend payments.

During the first half of February 2019, I received 4 dividend increases.

On February 7, Bell Canada Enterprises (BCE.TO) raised their quarterly dividend from  $0.755 to $0.7925 per share.  I own 100 shares of BCE.TO so this increases my annual dividend income by $15.00.

On February 8, Brookfield Renewables Partners LP (BEP.UN) raised their quarterly distribution from $0.49 USD to $0.515 USD.  This represents an increase of 5.10%.  I own 33 units of BEP.UN, so this increase adds $3.30 USD to my annual dividend income. I own this position inside my TFSA and the canadian equivalent gets deposited to my account.  As of the time of this writing, the exchange rate is $1 USD = $1.32455 CDN.  Therefore at the time of this writing, the Canadian equivalent is $4.37 increase to my annual dividend  income. 

On February 12, Killiam Properties REIT (KMP.UN) raised its monthly distrubition from $0.053333 to $0.055.  This represents an increase of 3.125%.  I own 302 units of KMP.UN, so this increases my annual dividend income by $6.04.

On February 13, A&W Royalties Income Fund (AW.UN) raised its monthly distribution from $0.143 to $0.147.  This represents an increase of 2.80%.   I own 38 shares of AW.UN, so this increases my annual dividend income by $1.82.

Summary:

As of the time of this writing, my annual dividend income was increased by $27.23.  This is equivalent of investing $778.00 of my own money at 3.5% yield. 

What dividend increases have you received this month? 

Disclosure:  Long BEP.UN, AW.UN, KMP.UN, and BCE.TO

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.

Dividend Income Update - January 2019

      

        The month of January 2019 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 Nova Scotia (BNS) - $35.25  (transfer agent)
• Bank of Nova Scotia (BNS) - $17.00
• Bell Canada Enterprises (BCE) - $75.50
• Canadian Imperial Bank of Commerce "CIBC" (CM) - $38.08
• Cineplex  (CGX) - $14.50
• Enerplus (ERF)  -$ 5.58
• Restaurant Brands International (QSR) - $59.88
• Rogers Communications Class B (RCI.B) - $96.00
• Shaw Communications (SJR.B)  - $19.75
• Telus Corporation (T.TO) - $54.50

Subtotal :  $416.04

TFSA

• A&W Royalties Income Fund (AW.UN) - $5.43
• Boston Pizza Royalties Income Fund   (BPF.UN) - $26.91
• Dream Office REIT   (D.UN)  - $14.00
• iShares 1-5 yr Laddered Canadian Corporate Bond ETF (CBO) - $1.43
• Killam Properties REIT (KMP.UN) - $  16.11
• TFI International (TFII) - $12.00
• Telus Corporation (T.TO) - $13.08

Subtotal:  $88.96

Total = $505.00

    I received a total of $505.00 in dividend income for the month of January 2019.  This represents a 11.89% increase from 3 months ago and 19.78% increase year over year.  

    

    I received $0.00 from option premiums within my investment accounts in January 2019.

    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 January 2019?

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.

Portfolio Update: January 2019

The first month of 2019 is now behind us.  

The reduction in the production of Alberta oil that was previously initiated by the Alberta provincial government has now been recognized by the markets.  Commodities like oil are often bought a month to 3 months in advance.  

Portfolio Activity

My option contracts have expired worthless.  Since I am the seller of the options, I get to keep the premium.  I got to keep $182.05 in option premium for selling 3 put option contracts in WestJet Airlines (WJA.TO).  I got to keep $44.05 in option premium for selling a covered call in Telus Corporation (T.TO). 

Shares Purchased Via DRIP

0.472957  shares of BNS.TO @ $74.5312 for a total cost of $35.25 (Transfer Agent)

I own BNS is 2 separate accounts. Currently, Bank of Nova Scotia $3.40 per share per year, or $0.85 per share quarterly.  This DRIP adds $1.61 to my annual dividend income.

Dividend Increases

On January 23, Restaurant Brands International   (QSR.TO) announced a dividend increase of $0.20 USD annually.  The annual dividend was increased from $1.80 USD to $2.00 USD per share per year.  This represents an increase of 11.1%.

I own 100 shares of QSR.TO, so this increase adds $20.00 USD to my annual dividend income.

On January 24, Rogers Communications (RCI.B) announced a dividend increase of $0.08 per share annually.  The annual dividend was increased from $1.92 to $2.00 annually.  This represents an increase of 4.17%.  This increase is the first time since 2015 that the dividend was increased.

I own 200 shares of RCI.B, so this increase adds $16.00 to my annual dividend income. 

On January 29, CN Rail (CNR.TO)  announced a dividend increase of $0.328 per share per year.  The annual dividend was increase $1.82 from $2.148 per share per year.  This represents an increase of 18%.

I currently own 38 shares of CNR.TO ,so this increase adds $12.46 to my annual dividend income.

Summary:

As of February 6 , the value of the portfolio is $118398.98. This is a 7.72%  increase over last month's total.

Disclosure: Long all fore mentioned stocks.

Please Note: All stocks are from the Toronto Stock Exchange except TTR which trades on the        Venture Exchange.

Please Note:  Positions in Restaurant Brands International (QSR.TO) and Brookfield Renewables Partners (BEP.UN) pay dividends and distributions in US dollars, respectively.  My investment tab spreadsheet displays the Canadian dollar equivalent within 15 to 20 minutes of real time.

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.