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

Sunday, 3 August 2014

July 2014 Dividends



July 2014 Dividends

I received $1196 in dividends in July.

$939 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 $939 will pay for my bills and allow me to be free from relying on an income from working. For now, I’m simply reinvesting that money and allowing the compounding effect to take place.
           
So far in 2014 I have received $6695.63 in 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: $11,930.39 (or $994.19 per month). That’s almost $1000 per month.

Financial Independence Fund:

The total value of my Financial Independence Fund at the end of July is: $255,650

The previous month I had $250,788 so this is an increase of approximately $5,000. 
The increase in my portfolio was solely from new capital. The market in the last days of July took a hit.

Purchases made in July:

The total amount of purchases made in July: $5429

            TFSA

- ARTIS REIT (60 shares @ $15.64 = $944). Sold AGNC and NLY to add more to my Artis position.

            Non-registered account            ($5429)           
           
- POWER CORPORATION (78 shares @ $30.69 = $2394). Added to my existing position. Averaged up.
- PROCTER & GAMBLE (13 shares @ $79.70 = $1219). This wasn’t a compelling value play. I have badly wanted to have a position in P&G. I made this purchase to initiate a position. I plan on adding significantly over the years and to average down when possible.
- ROGERS COMMUNICATION (30 shares @ $41.14 = $1239). I averaged down on my existing position on news that the federal Canadian government may take measures to sell spectrum to allow for a fourth large national company. We’ll see whether this happens. In the mean time, a good opportunity to buy a solid company at a good price.
- XPF etf (29 shares @ $19.90 = $577). The purchase of XPF was entirely financed from the dividends I received in June, 2014. Compounding dividends at work.


Sales:

I sold my very tiny position in mortgage Reits (About $1280 worth). There have been significant dividend decreases from NLY and AGNC in the past few years. I took a risk in mReits. While I enjoyed collecting high yield dividends, they have been dropping sharply, and I have also experienced a capital loss. Overall, I have more or less broken even. Going forward, I want companies that maintain their dividends and actually increase them.

I had wanted to sell AGNC and NLY for some time and decided that I would sell shortly after the ex-dividend date, so as to enjoy one last dividend in july. This will be my last month reporting dividends from mReits. I would say that 95% of my portfolio has increased, mReits are part of the 5%. Time to trim the dead leaves.

I used the proceeds to add to Artis Reit.



NAME OF COMPANY
DIVIDEND


NON-REGISTERED ACCOUNT



Philip Morris
$118.26
Bell Aliant
$66.50
Bank of Nova Scotia
$65.92
BCE                                      (1 DRIP)
$49.40
Rogers
$43.46
Crescent Point Energy
$39.56
Telus
$39.14
Coca Cola
$38.89
Innergex
$36.00
Baytex Energy
$34.08
Algonquin Power
$34.00
Dream Office Reit
$28.00
DirectCash Payments
$27.60
XPF (etf)
$26.90
Genivar/WSP Global
$26.25
WesternOne
$25.00
BTB Reit                              
$20.98
TD Bank
$20.68
Pengrowth Energy                (2 DRIP)               
$19.04
Rogers Sugar
$18.00
Liquor Stores
$17.55
RioCan Reit
$16.45
Northland Power
$16.20
Capital Power
$15.75
Andrew Peller
$13.13
Just Energy Group                (2 DRIP)               
$12.81
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
Exchange Income
$7.00
Chartwells Reit
$4.95
Loblaw
$1.72


Sub-total:
$939.00


TFSA ACCOUNT



Dundee Reit
$17.73
AGNC
$17.23
High Yield Mortgage Trust   
$15.63
Annaly Capital 
$13.01
Healthlease Reit
$11.33
Northwest Healthcare Properties Reit
$9.27
Extendicare Reit (1 DRIP)                     
$7.96
Artis Reit
$7.20
Dream Global 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
$144.43


RRSP ACCOUNT



General Electric
$26.35
Altria
$23.47
Realty Income
$21.02
Merck
$14.86
Dundee Industrial Reit
$8.75
ARCP
$8.33
Northern Properties Reit                  
$7.38
XRE etf
$3.05


Sub-total
$113.21


TOTAL DIVIDENDS IN JULY 2014
$1196.64