Thursday, 3 July 2014

JUNE 2014 DIVIDENDS




I received $913.96 in dividends in June.

$568 of that was in my taxable account and the rest in my registered accounts.  $568 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 $5498.99 in dividends for the first half of 2014. That puts me on track to earning $11,000 in 2014. That’s some serious compounding right there.

Going-Forward yearly dividend income:

If I were to stop buying stocks today, the income I would receive on a yearly basis is: $11,791.59 (or $982.63 per month).

Financial Independence Fund:

The total value of my Financial Independence Fund at the end of June is: $250,788

This is a month-to-month increase from $240,951 to $250,788.

Purchases made in June:

June as a busier month. I went out shopping on the market a little bit more. Sitting on cash makes me anxious. I reinvested the dividends I earned in the month of May right back into my XPF etf. Once I hit around $10K I will stop adding to it.

I also added to Power Financial since the price was low. Very few stocks were low this past month but PWF was fairly priced. While PWF hasn’t increased their dividend since the last recession, I am optimistic that they will eventually do so, probably once interest rates rise. They have been a solid company for a long time. They are also sitting on a massive amount of cash and their payout ratio is low.

I also added significantly to my position of Fortis, 100 shares in fact, since the price was fairly cheap and allowed me to average down slightly. I believe this is a great dividend growth company and has many years ahead to reward me. It’ll be nice to be earning $88 from Fortis every quarter. Fortis is now one of my major positions.

The total amount of purchases made this past month: $5401

TAXABLE ACCOUNT

Fortis (100 shares at $31.64 per share = $3174)
Power Financial (50 shares @ $32.99 per share = $1654)
XPF etf (29 shares @ $19.78 per share = $573)


June 2014


NAME OF COMPANY
DIVIDEND


1. TAXABLE ACCOUNT



Fortis
$56.00
Suncor
$41.40
Crescent Point Energy
$39.56
Baytex
$31.24
Sun Life Financial
$28.80
Canadian Utilities
$28.09
Dream Office Reit
$28.00
DirectCash Payments
$27.60
XPF etf (preferred shares etf)
$27.58
WesternOne
$25.00
BTB Reit
$20.98
Enbridge
$19.25
Pengrowth Energy (2 DRIP)
$18.96
Liquor Stores
$17.55
Riocan Reit
$16.45
Brookfield Renewable Energy
$16.32
Northland Power
$16.20
Just Energy (1 DRIP)
$12.81
Thomson Reuters
$12.74
Enbridge Income Fund
$12.61
PowerCorp
$12.18
Intact Financial
$9.60
Pembina Pipeline
$8.41
Student Transportation
$7.88
Shaw Communications
$7.88
Tim Hortons
$7.04
Exchange Income
$7.00
SNC Lavalin
$6.00
Chartwell Reit
$4.95



$568.08


2. TAX FREE SAVINGS ACCOUNT (TFSA)



Brookfield Infrastructure
$20.72
Dream Office Reit
$17.73
Caribbean Utilities
$17.72
High Yield Mortgage Trust
$15.63
Healthlease Properties
$11.33
NorthWest Healthcare Reit
$9.27
Extendicare Reit
$7.96
Artis Reit
$7.20
Dream Global Reit
$6.67
RioCan Reit
$6.23
Cominar Reit
$6.00
Skylon Trust
$5.83
Pure Industrial Reit
$5.75
Innvest Reit
$5.66
H&R Reit
$5.06
Bank of America
$4.09
Calloway Reit
$3.87



$156.72


3. REGISTERED RETIREMENT SAVINGS ACCOUNT (RRSP)



Lorillard
$33.21
Digital Realty
$28.22
Realty Income
$20.99
McDonald’s
$17.01
Southern Company
$15.75
Target
$14.19
Waste Management
$12.00
Walgreen
$10.71
Exxon Mobil
$9.66
Dundee Industrial Reit
$8.75
American Realty
$8.33
Northern Properties Reit
$7.38
XRE etf
$2.96



$189.16




TOTAL
$913.96

Tuesday, 3 June 2014

May 2014 Dividends


May 2014 Dividends

I received $774.80 in dividends in May.

$580 of that came from my taxable account and the rest in my registered accounts. I won't be touching my registered accounts for decades to come. However, that $580 will eventually be used to fund my lifestyle and to live off. It will pay for my bills and allow me to work less. For now, I’m reinvesting that $580 but some time in the near future I will be withdrawing this money every month into my bank account.

I'm making progress.
           
So far I have received a total of $4585.03 in dividends in the first five months of 2014.

Going-Forward yearly dividend income:

If I were to stop buying stocks today, the income I would receive on a yearly basis is: $11,559 (or $963.25 per month).

Financial Independence Fund:

The total value of my Financial Independence Fund at the end of May is: $240,951

This is a month-to-month increase from $236,901 to $240,951. 

Purchases made in May:

The total amount of purchases made in May: $3979

TAXABLE ACCOUNT

XPF etf (Preferred Shares) (46 shares @ $19.90 per share = $915)

RRSP:

TARGET (17 shares @ $57.38 per share = $1079)      
ARCP (100 shares @ $12.48 per share = $1380)     

TFSA

NorthWest HealthCare Reit (59 shares @ $10.16 per share = $605)



NAME OF COMPANY
DIVIDEND


NON-REGISTERED ACCOUNT



Emera
$109.84
Potash Corp                         (2 DRIP)
$97.01
Crescent Point Energy
$39.56
Baytex Energy
$31.24
Dundee Reit
$28.00
DirectCash Payments
$27.60
XPF (etf)
$25.09
Western One
$25.00
Power Financial (PWF)
$21.00
BTB Reit                              
$20.98
Pengrowth Energy                (2 DRIP)                
$18.88
Liquor Stores
$17.55
RioCan Reit
$16.45
Northland Power
$16.20
National Bank
$13.80
Enbridge Income Fund
$12.61
Just Energy Group                (1 DRIP)               
$12.60
Bank of Montreal
$11.40
Pembina Pipelines                 
$8.12
Student Transportation         
$7.88
Shaw Communications         
$7.88
Exchange Income
$7.00
Chartwells Reit
$4.95


Sub-total:
$580.64


TFSA ACCOUNT



Dundee Reit
$17.73
High Yield Mortgage Trust   
$15.63
Healthlease Reit
$9.64
Extendicare Reit
$7.96
Artis Reit
$7.20
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
Northwest Healthcare Properties Reit
$5.33
H&R Reit
$4.31
Calloway Reit
$3.87


Sub-total
$107.81


RRSP ACCOUNT



Kinder Morgan
$26.24
Realty Income
$22.58
AT&T
$18.52
Dundee Industrial Reit
$8.75
Northern Properties Reit                  
$7.38
XRE etf
$2.96


Sub-total
$86.43


TOTAL DIVIDENDS IN NOVEMBER 2013
$774.88