Dividend Update - April 2015

      The month of April 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.

        The price of a barrel of crude oil is currently trading at $58.86 a barrel. As the energy sector is struggling with the price, this continues to affect certain stocks in my portfolio as some industry professionals believe that oil prices could remain like this to up to 3 years.  The Alberta provincial election is May 5, which currently has the NDP in the lead in the poles.  The current party, Progressive Conservative has been in power for 44 years under different premiers.  I am currently looking to invest in other areas of the economy right now as I believe if the NDP gets elected it will not be good for Alberta oil industry which is already struggling with low oil prices.

 Non-registered Account

• Bank of Nova Scotia (BNS) - $20.49
• Bell Canada Enterprises (BCE) - $65.00
• Enerplus (ERF)  -$ 26.20
• Killam Properties (KMP)  - $5.75
• Rogers Communications Class B (RCI.B) - $48.00
• Shaw Communications (SJR.B)    - $19.75
• TD Bank  (TD) - $51.00

TFSA

• Boston Pizza  Royalties Fund (BPF.UN)   - $23.87
• Claymore 1-5 yr Laddered Corporate Bond (ETF) - $0.91
• Cominar REIT (CUF.UN ) - $5.39 
• Dream Office REIT   (D.UN)  - $ 16.61
• Killam Properties (KMP) - $  14.55 

Total = $297.52

     This total represents a 17.06% increase from 3 months ago and 20.79% increase  year over year.  TD Bank dividend was deposited into my account  in April whereas it was deposited into my account in February. Although its dividend payment date was January, that payment date fell on a weekend. In some cases the day a week will affect the payment being deposited. The amount is also higher due to the dividend increases which offset the dividend decrease in Enerplus.
 
    I also received a dividend in Sherritt International of $10.00, but this is not included in the dividend income above as it was a trade, which I recently wrote about. 
  
    I also received another distribution payment of $56.00 for my swing trade in Dream Office REIT in my non-registered account. This is not listed above since it is a trade, so I keep the money in the account and do not pay myself first with this payment. I have received $1211.47 in distributions so far on this trade.

     I will update my dividend income tab with the new amount. It is great to see money from passive income sources deposited into my brokerage account every single month.

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 - Apr 2015

  The month of April in now behind us. The price of crude oil is starting to rise a bit. The price of crude oil for June 15 contract closed of $59.05 US/bbl .

Courtesy of Yahoo Finance

Courtesy of Yahoo Finance

     I am cautious about the price of a barrel of crude oil still.  I do believe there is still oversupply of crude oil and there will continue to be weakness in the price of this commodity. This will effect the economy in Canada as a lot of businesses are a direct relation or indirect relation to the energy sector. This is especially true in Canada. The people in the western Canada oil patch get paid well. These works may live in other parts of the country as well. When the industry slows down, it means less people in restaurants, hotels etc. I previously worked in the oil patch and had to do a lot of traveling while working. I ate at a lot of restaurants and stayed in hotels. When the oil patch is booming, there are oil field trucks everywhere.
   
     During the month of Apr, I did not make any long term investments. I did acquire more shares through DRIPs.

  Shares added due to drip

1 shares of ERF @ $15.55 for a total of $15.55
1 share of KMP @ $10.94 for a total of $10.94
x.xxx shares of BNS @ x.xxx for a total of $20.49

      Note: BNS did pay a dividend on Apr 28. I own these shares directly though the transfer agent, which is the old way of buying shares. The price and amount of new shares has not shown yet in the account yet. I will update this when it is available.
       Enerplus (ERF.TO) did cut its dividend from $0.09 per share a month to $0.05 per share a month starting with the payment for April. Enerplus is an energy producer and its revenues are highly impacted by the price of crude oil. Enerplus also has revenues from Natural Gas.  The price of the stock has risen in the past month, which I believe investor's are confident in how this company is handling the effect of low oil prices.

    I did exit out of my trade in Sherritt International which I held for 59 days on May 1.  This was a profitable trade and all the profit will remain in the brokerage account.

   As of  May 3, 2015, the value of my portfolio stands at $81960.97. This is an increase of 4.41% over last month. I will update my investing account tab above

EDIT:  May 5 2015  Today the shares show up for my BNS Reinvestment although the dividend showed up days ago. Last year BNS decided to stop their discount on shares purchased with reinvested dividends.

.305603shares of BNS @ 67.0477 for a total of $20.49

Disclosure: Long KMP, ERF, BNS

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 be NOT 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

Recent Trade Update

      On May 1, my limit order for the sale of my shares of Sherritt International went through. I originally had the limit order set to $2.65 for most of the duration of the trade. I raised it a few times to the $2.70. But recently, I decided to lower the limit price in order to close out the trade as there continues to be weakness in the price of nickel, which affects this company.

     My position was initiated on Mar 4, 2015, which you can read about here. During this time, the company also paid a dividend of $0.01 a share. So, I received a $10.00 dividend payment for my 1000 shares.

Analysis

Initial Investment including commissions :  $2359.95

Proceeds of Sale including commissions   :  $2520.05

Dividends Received:                                  :  $10.00

Total Profit = $2520.05-$2359.95+$10.00

                   = $170.10

Total Return = Profit / Initial Investment

                      = $170.10/$2359.95

                      = 7.208%

This position was held for a total of 59 days. The dividend received from this position does not get counted in my dividend income reports as it was for a trade and not investment purposes. As I am at work during market hours and cannot access my brokerage account,  I use limit orders for buying or selling at the prices that I want. I was actually going to place a trailing stop order for this on Apr 30, but changed my mind to a normal limit order .

Click to Enlarge

Disclosure: None

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