Dividend Income Update: September 2019

      

    The month of September 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) - $221.40 (Margin Account)
• Enerplus (ERF)  -$ 5.58 
• Intertape Polymer Group (ITP.TO) - $9.80
  
• Shaw Communications (SJR.B)  - $19.75

Subtotal :  $290.93

TFSA

• A&W Royalties Income Fund (AW.UN) - $6.04
• Boston Pizza Royalties Income Fund   (BPF.UN) - $26.91
• Brookfield Renewable Partners (BEP.UN) - $22.20
• Canadian National Railway (CNR.TO) - $20.43
• Cominar REIT (CUF.UN) - $13.26
• Enbridge (ENB) - $24.35
• Killam Properties REIT (KMP.UN) - $16.61

Subtotal:  $129.80

Total = $420.73

    I received a total of $420.73 in dividend income for the month of September 2019.  This represents a 6.29% decrease from 3 months ago and 10.3% decrease year over year.  The decrease from 3 months ago is due to selling High Liner Foods (HLF.TO) and Dream Office REIT (D.UN.TO). Last month was the last dividend payment I received from Dream Office REIT.

    I received dividend / distribution income from 11 different companies.   

     I received $0.00 in option premiums within my investment accounts in September 2019.  I did sell covered call in position that is used for a trade, so I will not include the option premium here. 

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 September 2019?

Disclosure : Long all securities above except HLF.TO and D.UN.TO

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.