Saturday, 29 November 2014

November 2014 Dividends


I received $863.10 in dividends in November.

$640 of that $863 was received in my taxable account and the rest in my registered accounts. That $640 is considered taxable income and subject to favorable taxation. Better to be taxed on dividend income then regular income. Who wants a job anyways?

This $640 is what I will eventually live off. It will pay for my bills and allow me to work less. For now, I’m reinvesting that $640 and on the path towards financial independence. 
           
So far I have received $10,588.01 in dividends in 2014. I’m making phenomenal progress and am on track to retire / semi-retire before 40.

Going-Forward yearly dividend income:

If I were to stop buying stocks today, the income I would receive on a yearly basis is: $13,000.58 (or $1083.38 per month).

Financial Independence Fund:

The total value of my Financial Independence Fund at the end of November: $278,814

Energy equities took a particular hit near the end of November.

This is a slight month-to-month increase from $276,209 in October to $278,814 in November. I added more in new purchases ($9122) and the portfolio only increase $2K, so the portfolio obviously took a hit.

Purchases made in November:

Energy equities took a beating, I averaged down on Baytex and WesternOne. Should I make additional purchases such as Crescent Point?

SNC Lavalin also took a hit and I added a few shares.

Happy to add to my long term positions in Canadian Utilities and BNS. Although BNS is not cheap, I’m hoping to add much more to BNS to make it a very large position.

The total amount of purchases made in November: $9122

          TAXABLE ACCOUNT

         Canadian Utilities (85 shares @ $37.14 = $3166)
         Bank of Nova Scotia (17 shares @ $70.37 per share = $1201)
Baytex Energy (40 shares @ $29.60 per share = $1189)
WesternOne (250 shares @ $4.54 per share = $1141)
SNC Lavalin (25 shares @ $44.51 per share = $1117)

RRSP:

Deere (14 shares @ $84.20 per share = $1183 US à $1308 Canadian)      

SALES

Healthlease Reit was recently bought by Health Care Reit (HCN) and my 160 shares were sold for $14.20 each. I purchased them not long for $10.78 or $1726 and made a profit of $546, not including distributions.


NOVEMBER


NAME OF COMPANY
DIVIDEND


NON-REGISTERED ACCOUNT



Emera
$117.41
Potash Corp                         (2 DRIP)
$101.46
Baytex Energy
$48.00
Crescent Point Energy
$39.56
Ishares XPF ETF
$34.24
Northland Power
$34.20
DirectCash Payments
$28.80
Dream Office Reit
$28.00
Western One
$25.00
BTB Reit                               
$22.05
Royal Bank (RBC)
$19.50
Pengrowth Energy                (4 DRIP)               
$19.44
Liquor Stores
$17.55
RioCan Reit
$16.45
National Bank
$14.40
Exchange Income
$14.00
Enbridge Income Fund
$12.61
Bank of Montreal
$11.70
Pembina Pipelines                
$8.41
Student Transportation         
$7.88
Shaw Communications         
$7.88
Procter & Gamble
$7.12
Chartwells Reit
$4.95


Sub-total:
$640.61


TFSA ACCOUNT



Dream Office Reit
$17.73
High Yield Mortgage Trust   
$15.63
Artis Reit
$12.60
Healthlease Reit
$11.33
H&R Reit
$9.90
Northwest Healthcare Properties Reit
$9.27
Extendicare Reit
$7.96
Dream Global Reit
$6.67
RioCan Reit
$6.23
Cominar Reit
$6.13
Skylon Growth & Income     
$5.83
Pure Industrial Reit 
$5.75
Innvest Reit
$5.66
Calloway Reit
$4.00


Sub-total
$124.69


RRSP ACCOUNT



Kinder Morgan
$25.52
Realty Income
$21.06
AT&T
$17.02
ARCP Reit
$9.67
Dream Industrial Reit
$8.75
Deere
$8.40
Northern Properties Reit                   
$7.38


Sub-total
$97.80


TOTAL DIVIDENDS IN NOVEMBER 2014
$863.10

Sunday, 2 November 2014

October 2014 Dividends



October 2014 Dividends

I received $1178.04 in dividends in October.

$945 of that was in my taxable account and the rest in my registered accounts.  

The long-term plan is to use the income generated in the taxable account to pay for my living expenses. One day the $945 will pay for my bills and allow me to be free from relying on an income from working. I’m getting very close. For now, I’m simply reinvesting that money and allowing the compounding effect to take place.
           
So far in 2014 I have received $9724.91. That’s not enough to live off but that’s easily a couple month’s of the year taken care of without having to lift a finger.

Going-Forward yearly dividend income:

If I were to stop buying stocks today, the income I would receive on a yearly basis is: $12,597.37 (or $1049.78 per month).

Financial Independence Fund:

The total value of my Financial Independence Fund at the end of October stood at: $276,209

That’s an increase from $266,241 in Septembre. That’s an increase of $10K, although I added $8K in fresh capital (I bought in early October when the markets took a dive).

Purchases made in October:

The total amount of purchases made in October: $8087

            RRSP:                                                ($389)

-                    I sold 44 shares in XRE etf for $698 and purchased 10 shares in DEERE at $923
-                    16 shares of ARCP ($164)

            TFSA                                                 ($950)

- H&R REIT (43 shares - $950)

            Non-registered account            ($6748)           
           
- CANADIAN NATIONAL RAILWAY (14 shares - $1041). I initiated a position and am hoping to add significantly to CNR in the long term.
- BAYTEX ANERGY (58 shares - $2164). Added to my existing position. Averaged down.
- NORTHLAND POWER (140 shares - $2307)
-  POWER FINANCIAL (40 shares - $1236). Averaged down on PWF

Updates:

Bell Aliant was recently purchased by Bell Canada (BCE). I took my 140 shares in Bell Aliant and added them to BCE. In exchange I received 89 shares of BCE. My original purchase price was in the $26-$27 range and the exchange was $31 per share so I came out making a very good gain.

I now have a very strong position in BCE. I’ve got my DRIP on BCE which will now add 2 shares per quarter and have no plans of buying BCE anytime soon. In the past I received Bell Aliant dividends in October, but going forward, I will now be receiving BCE dividends.

Here's a look at the breakdown of my dividends for each account.

NAME OF COMPANY
DIVIDEND


NON-REGISTERED ACCOUNT



Philip Morris
$125.80
Bank of Nova Scotia
$67.98
Rogers
$57.19
BCE                                      (1 DRIP)
$50.02
Crescent Point Energy
$39.56
Telus
$39.14
Algonquin Power
$39.08
Coca Cola
$38.89
Power Financial
$38.50
Innergex
$36.00
XPF (etf)
$34.24
Baytex Energy
$34.08
DirectCash Payments
$28.80
Dream Office Reit
$28.00
Genivar/WSP Global
$26.25
WesternOne
$25.00
BTB Reit                              
$22.05
TD Bank
$20.68
Pengrowth Energy                (4 DRIP)               
$19.28
Rogers Sugar
$18.00
Liquor Stores
$17.55
Capital Power
$17.00
RioCan Reit
$16.45
Northland Power
$16.20
Exchange Income
$14.00
Andrew Peller
$13.13
Enbridge Income Fund
$12.61
Leon’s Furniture
$10.00
Canadian Natural Resources
$9.00
Pembina Pipelines                
$8.41
Student Transportation         
$7.88
Shaw Communications         
$7.88
Chartwells Reit
$4.95
Loblaw
$1.72


Sub-total:
$945.32


TFSA ACCOUNT



Dream Office Reit
$17.73
High Yield Mortgage Trust   
$15.63
Artis Reit
$12.60
Healthlease Reit
$11.33
H&R Reit
$9.90
Northwest Healthcare Properties Reit
$9.27
Extendicare Reit (1 DRIP)                     
$7.96
Dream Global Reit
$6.67
RioCan Reit
$6.23
Cominar Reit
$6.13
Skylon Growth & Income     
$5.83
Pure Industrial Reit
$5.75
Innvest Reit
$5.66
Calloway Reit
$3.87


Sub-total
$124.56


RRSP ACCOUNT



General Electric
$24.64
Altria
$23.92
Realty Income
$21.06
Merck
$14.08
Dundee Industrial Reit
$8.75
ARCP
$8.33
Northern Properties Reit                  
$7.38


Sub-total
$108.16


TOTAL DIVIDENDS IN OCTOBER 2014
$1178.04