Thursday, September 5, 2019

Dividend Income Update: August 2019

    The month of August 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 Montreal (BMO) - $36.05
  • Cineplex  (CGX) - $15.00
  • Emera (EMA) - $58.75
  • Enerplus (ERF)  -$ 5.58 
  • Shaw Communications (SJR.B)  - $19.75
Subtotal :  $135.13

  • A&W Royalties Income Fund (AW.UN) - $6.04
  • Boston Pizza Royalties Income Fund   (BPF.UN) - $26.91
  • Cominar REIT (CUF.UN) - $13.20
  • Dream Office REIT   (D.UN)  - $14.00
  • Killam Properties REIT (KMP.UN) - $  16.61
  • Royal Bank (RY.TO) - $20.40
Subtotal:  $97.16

Total = $232.29

    I received a total of $232.29 in dividend income for the month of August 2019.  This represents a 0.833% increase from 3 months ago and 11.6% decrease year over year. 

    I received dividend / distribution income from 11 different companies.   

     I received $0.00 in option premiums within my investment accounts in August 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 August 2019?

Disclosure : Long all securities above.

Photo Credit: www.mipaq,

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.


  1. sucks about the decrease but there was a increase quarter over quarter.

    Smart move paying the line of credit too.

    keep it up man

  2. I never worry about QOQ because if you have stocks that pay semi annually then one quarter will be more than the next. YOY is the best one to use. Good job keep it up. I had a yearly decrease due to sells and i put some of the money in other months