Sunday, August 4, 2019

Dividend Income Update: July 2019



      
    The month of July 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
  • Bank of Nova Scotia (BNS) - $36.92  (transfer agent)
  • Bank of Nova Scotia (BNS) - $17.40   (margin account)
  • Bell Canada Enterprises (BCE) - $79.25
  • Canadian Imperial Bank of Commerce "C.I.B.C"  (CM)- $56.00
  • Cineplex  (CGX) - $15.00
  • Enerplus (ERF)  -$ 5.58 
  • Restaurant Brands International (QSR) - $64.64
  • Rogers Communications Class B (RCI.B) - $100.00
  • Shaw Communications (SJR.B)  - $19.75
Subtotal :  $394.54

TFSA
  • A&W Royalties Income Fund (AW.UN) - $5.85
  • Boston Pizza Royalties Income Fund   (BPF.UN) - $26.91
  • Cominar REIT (CUF.UN) - $13.14
  • Dream Office REIT   (D.UN)  - $14.00
  • Killam Properties REIT (KMP.UN) - $  16.61
  • TD Bank (TD) - $14.80
  • Telus Corporation (T) - $13.50
  • TFI International (TFII) - $12.00
Subtotal:  $116.81

Total = $511.35

    I received a total of $511.35 in dividend income for the month of July 2019.  This represents a 6.76% decrease from 3 months ago and 2.92% increase year over year. 

    I received dividend / distribution income from 16 different companies.   

     I received $0.00 in option premiums within my investment accounts in July  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 July 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 job you had a YOY increase and thats all that matters. Keep it up

    ReplyDelete
    Replies
    1. Dividendandhobbies,

      Thanks for dropping by. It was great to have a year over year increase as I added a few positions and added to positions.

      Besides owning Telus in the TFSA, I use to have a larger position in my margin account that I sold covered calls on. The margin position in Telus was called away, so that was decrease of around $54.00 from a year ago.

      Delete
  2. nice pursuit.

    Man thats a sweet qsr dividend. That stock has done fantastic, wish i bought more in the 70's. It will be one id add to, if the price dropped a bit for sure.

    Over 500 is solid, keep it up!
    cheers

    ReplyDelete
    Replies
    1. Canadianpassiveincome,

      Thanks for dropping by. I agree with you on QSR. People love their morning coffee. I believe 8 out of every 10 cups of coffee sold in Canada is a Tim Horton's coffee.

      I owned Tim Horton's when it was announced Burger King was buying them. A $3000 capital gain on the announcement as I owned 100 shares at the time.

      So overall the Tim Hortons name has treated me well. Love collecting by dividends from the predecessor and now their combined entity of Restaurant Brands International (Burger King, Popeye's and Tim Hortons).

      Delete