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






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