Wednesday, 1 October 2014

September 2014 Dividends


I received $1043.39 in dividends in September.

$660 of that was in my taxable account and the rest in my registered accounts.  $660 is taxable income and subject to favorable taxation. Better to be taxed on dividend income then regular income.

The long-term plan is to use the income generated in the taxable account to pay for my living expenses. One day it will pay for my bills and allow me to work less. For now, I’m simply reinvesting that money and allowing the compounding effect to take place.
           
So far in 2014 I have received $8546.88 in dividends in 2014.

My dividend income is growing in leaps and bounds. Last quarter or three months ago I earned $913 and this month I earned $1043. This is due to adding fresh capital to stocks, reinvesting dividends and companies that grow their dividends. This plan works!


Going-Forward yearly dividend income:

If I were to stop buying stocks today, the income I would receive on a yearly basis is: $12,240.30 (or $1020.02 per month).


Financial Independence Fund:

The total value of my Financial Independence Fund at the end of September was: $266,241

This is a month-to-month decrease from $267,505 compared to last month to $266,241 or half a percentage point. I haven’t had a decrease in awhile.
The markets made a pull back. Despite adding fresh capital my portfolio is slight slightly down.

Purchases made in September:

I made a few purchases in September

I added to my existing position in Royal Bank of Canada. I averaged down a bit and look forward to earning dividends from RBC for years to come.

I am also very excited about NPI (Northland Power’s) Gemini project in Europe and other solar energy projects in Germany. Long term I am confident this company will increase revenues significantly and become a leader in its industry. Hoping to average down some more.

The total amount of purchases made this past month: $3605

Purchases in Taxable Account TAXABLE ACCOUNT

Royal Bank of Canada (13 shares at $79.42 per share = $1037)
Northland Power (60 shares @ $17.05 per share = $1028)
XPF etf (78 shares @ $19.74 per share = $1540)

Sales in September

I sold my shares in Tim Hortons. I enjoyed THI but with the new structure with Burger King, I’m no longer excited about the long-term prospects of THI. So I’m out. I bought THI for $1095 and sold for $1945 for a capital gains of $850 or 78% increase, and this does not include dividends.



SEPTEMBER 2014


NAME OF COMPANY
DIVIDEND


1. TAXABLE ACCOUNT



Fortis
$88.00
Suncor
$50.40
Crescent Point Energy
$39.56
Power Corp
$34.80
Baytex
$34.08
XPF etf (preferred shares)
$32.90
Sun Life Financial
$28.80
DirectCash Payments
$28.80
Canadian Utilities
$28.09
Dream Office Reit
$28.00
WesternOne
$25.00
Just Energy (4 DRIP)
$23.13
BTB Reit
$22.05
Enbridge
$19.25
Pengrowth Energy (2 DRIP)
$19.20
Liquor Stores
$17.55
Brookfield Renewable Energy
$17.07
Riocan Reit
$16.45
Northland Power
$16.20
Exchange Income
$14.00
Thomson Reuters
$13.01
Enbridge Income Fund
$12.61
Intact Financial
$9.60
Pembina Pipeline
$8.41
Student Transportation
$7.88
Shaw Communications
$7.88
Tim Hortons
$7.04
SNC Lavalin
$6.00
Chartwell Reit
$4.95



$660.71


2. TAX FREE SAVINGS ACCOUNT (TFSA)



Brookfield Infrastructure
$21.68
Bank of America
$21.48
Caribbean Utilities
$17.94
Dream Office Reit
$17.73
High Yield Mortgage Trust
$15.63
Artis Reit
$12.60
Healthlease Properties
$11.33
NorthWest Healthcare Reit
$9.27
Extendicare Reit
$7.96
Dream Global Reit
$6.67
RioCan Reit
$6.23
Cominar Reit
$6.13
Skylon Trust
$5.83
Pure Industrial Reit
$5.75
Innvest Reit
$5.66
H&R Reit
$5.06
Calloway Reit
$3.87



$180.82


3. REGISTERED RETIREMENT SAVINGS ACCOUNT (RRSP)



Lorillard
$33.21
Digital Realty
$28.22
Target
$26.00
Realty Income
$21.02
McDonald’s
$17.01
Southern Company
$15.75
Waste Management
$12.00
Walgreen
$11.48
Exxon Mobil
$9.66
Dream Ind Reit
$8.75
American Realty
$8.33
Northern Properties Reit
$7.38
XRE etf
$3.05



$201.86




TOTAL
$1043.39




Thursday, 4 September 2014

August 2014 Dividends



I received $807.86 in dividends in August.

$597 of that $807 was received in my taxable account and the rest in my registered accounts. That $597 is considered taxable income and subject to favorable taxation. Better to be taxed on dividend income then regular income.

This $597 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 $597 and on the path towards financial independence. 
           
So far I have received $7503.49 in dividends in 2014.

Going-Forward yearly dividend income:

If I were to stop buying stocks today, the income I would receive on a yearly basis is: $12,079.17  (or $1006.59 per month). That's more than a $1000 per month :)

Financial Independence Fund:

The total value of my Financial Independence Fund at the end of August is: $267,505

This is a month-to-month increase from $255,650 to $267,505. 


Purchases made in August:

The markets have been on a roar. Tim Horton’s stock also soared. All to say is that I’m sitting on more cash than I want to. Very few bargain deals out there but I still made a few purchases.

I am excited to introduce my Deere to my RRSP account. Looking forward to adding more shares in the future. Long term I’m confident on DE.

I also initiated a position with RBC. Not a bargain but just enough to start a position. Hoping to add on any downward trends.

Also, Exchange income took a major dive from some news from some analyst that wasn’t substantiated. The stock plunged and I added to my position and averaged down. Since that “news” the stock has rebounded.

The total amount of purchases made: $3036

         TAXABLE ACCOUNT

         Royal Bank of Canada (13 shares @ $79.69 = $1041)
 Exchange Income (50 shares @ $16.14 per share = $812)

 RRSP:

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


AUGUST


NAME OF COMPANY
DIVIDEND


NON-REGISTERED ACCOUNT



Emera
$109.84
Potash Corp                         (2 DRIP)
$96.05
Crescent Point Energy
$39.56
Power Financial (PWF)
$38.50
Baytex Energy
$34.08
Dundee Reit
$28.00
DirectCash Payments
$27.60
XPF (etf)
$26.90
Western One
$25.00
BTB Reit                              
$20.98
Pengrowth Energy                (2 DRIP)               
$19.12
Liquor Stores
$17.55
RioCan Reit
$16.45
Northland Power
$16.20
National Bank
$14.40
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
Exchange Income
$7.00
Chartwells Reit
$4.95


Sub-total:
$597.78


TFSA ACCOUNT



Dundee Reit
$17.73
High Yield Mortgage Trust   
$15.63
Artis Reit
$12.60
Healthlease Reit
$11.33
Northwest Healthcare Properties Reit
$9.27
Extendicare Reit
$7.96
Dundee Int’l Reit
$6.67
RioCan Reit
$6.23
Cominar Reit
$6.00
Skylon Growth & Income     
$5.83
Pure Industrial Reit 
$5.75
Innvest Reit
$5.66
H&R Reit
$5.06
Calloway Reit
$3.87


Sub-total
$119.59


RRSP ACCOUNT



Kinder Morgan
$24.94
Realty Income
$21.02
AT&T
$17.02
Dundee Industrial Reit
$8.75
ARCP
$8.33
Northern Properties Reit                  
$7.38
XRE etf
$3.05


Sub-total
$90.49


TOTAL DIVIDENDS IN AUGUST 2014
$807.86