Saturday, July 6, 2019

Dividend Income Update - June 2019



      
        The month of June 2019 is another month of dividend income landing in my accounts. Recently, I switched my pay yourself first model to concentrate a little on debt repayment.  The interest on debt is 7.16% plus the insurance on the debt.  I currently pay myself 10% of income from job(s) and non-registered accounts to my TFSA.  The TFSA income is staying within the account.  I will deviate the 10% to savings account instead of to TFSA if a large expense comes up like a dental appointment.

       
 Non-registered Accounts
  • Cineplex  (CGX) - $15.00
  • Enbridge (ENB) - $19.40 (Transfer Agent)
  • Enbridge (ENB) - $221.40
  • Enerplus (ERF)  -$ 5.58 
  • High Liner Foods (HLF) - $15.30 
  • Intertape Polymer Group (ITP) - $9.33
  • Shaw Communications (SJR.B)  - $19.75
Subtotal :  $305.76

TFSA
  • A&W Royalties Income Fund (AW.UN) - $5.85
  • Boston Pizza Royalties Income Fund   (BPF.UN) - $26.91
  • Brookfield Renewable Partners (BEP.UN) - $21.96
  • Canadian National Railway (CNR.TO) - $20.43 
  • Cominar REIT (CUF.UN) - $13.08
  • Dream Office REIT   (D.UN)  - $14.00
  • Enbridge (ENB) - $24.35
  • Killam Properties REIT (KMP.UN) - $  16.61
Subtotal:  $143.19

Total = $448.95

    I received a total of $448.95 in dividend income for the month of June 2019.  This represents a 9.32% decrease from 3 months ago and 11.77% decrease year over year. 

    A major reason for the decline from 3 months and from last year was due to the 67% reduction of dividend by High Liner Foods.

    This was the first time I ever received a dividend from my new position in Intertape Polymer Group. 

    I received dividend / distribution income from 13 different companies.   

     I received $0.00 in option premiums within my investment accounts in June  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 June 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.

4 comments:

  1. nice pursuit.

    Great month and monster enbridge payout!

    sucks about highliner, but the stock price seems to be ticking upwards. Are you going to sell them or old on?

    cheers

    ReplyDelete
    Replies
    1. Canadian Passive Income,

      Thanks for dropping by. Overall, is was a great month.

      I want to sell High Liner, but I am holding on for now. I do not expect it to go up to $13 for a long time. If the price goes up to $10.00, I would strongly considering selling.

      Wish, we had the investing opportunities like on the NYSE up here in Canada.

      Delete
  2. IP -

    Great income and awesome growth rate versus last year. Impressive. Keep it up and keep grinding!

    -Lanny

    ReplyDelete
    Replies
    1. Lanny,

      Thanks for dropping by. Hopefully the growth rate will continue. I am not able to put as much fresh capital, so hopefully the organic dividend growth will be good from my positions.

      Delete