August

Dividend Income – June, July and August all rolled into one ball of greatness

Hello, August is over. I’m back from holidays, ready to get back to work and collect some dividends!

The last update I had was $733.18 for May and I was making pretty good headway for the year. This year I planned to take most of the summer off and focus on my family and in hindsight it was not only the right move but an awesome move!

August
Priceless

I feel rejuvenated, refreshed and ready to keep pushing forward.

Saying that, I was still expecting my dividends to keep rolling in and was looking forward to a good few months.
This year, my goal is to pass $8,000 in total dividends received. Let’s check  out what happened in June, July and August.

June, July, August Dividend Income

For the month of June I received dividends from 18 different companies, July -14 and August – 13.

Dividends
TickerCompany NameJuneJulyAugust
TSE:NVU.UNNorthview Apartment REIT$85.01$104.57$105.25
TSE:PZAPizza Pizza$17.97$18.04$18.11
OReality Income$21.10$21.15$21.15
TSE:ADAlaris$27.27$27.41$27.54
TSE:ENFEnbridge$58.34$84.18$90.68
TSE:SJR.BShaw$30.91$31.01$31.11
TSE:ALAAtlaGas$70.88$71.23$71.58
TSE:CPGCresent$15.09$15.12$15.15
TSE:AX.UNArtis REIT$102.96$103.59$104.31
TSE:PLZ.UNPlaza REIT$73.85$89.96$90.41
TSE:AQNAlgonquin$224.94
WDCWestern Digital$35.00
TSE:ZLBBMO LOW VOL ETF$148.93
WPCW.P. Carey$100.00
TSE:RYRoyal Bank$91.35
OHIOmega$76.80
GISGeneral Mills$32.34
TSE:SUSuncor$46.08
NVDANvidia$7.00
TSE:BIP.UNBrookfield Infr$59.31
TSE:PTGPivot$66.80
TSE:CWBCanadian Western Bank$97.75
TSE:ENBEnbridge$146.40
TSE:D.UNDream Office REIT$38.38
TSE:XTCExco Technologies$31.20
TOTAL$996.30$1,075.13$775.78
  • I received $996.30 in dividends for the month of June
  • I received $1075,13 in dividends for the month of July (BOOM)
  • I received $775.78 in dividends for the month of August

$4 dollars.

Yup, I was $4 bucks off of hitting the $1000 mark for June but managed to hit that milestone one month later in July 🙂

The last 3 months brought in a total of $2847.21

Dividend Increase and highlights

  • Realty Income – 1%, 92nd increase since 1994
  • Enbridge – 10% Mar 1st. , 5% June 1st. 22nd consecutive years
  • W.P. Carey – 1%, 16 consecutive years, 3rd raise this year
  • Omega Healthcare – 1.6%, Omega has now increased its common dividend 20 consecutive quarters
  • General Mills – 2%,  General Mills have paid dividends without interruption for 118 years

What can I buy

with all that free money that I banked over the summer without lifting a finger?

 

AMSEC BLC3024 C-Rated Burglar Safe

$ 2,720.00

To hold all the money these companies are throwing my way!

In all seriousness, everyone should have a safe but I choose to keep valuables in a safety deposit box at the bank for around $4 dollars a month.

Like every month, I DRIP my dividends and buy back more shares, usually at a market discount. This is the secret to investing.

The money that I make (dividends) will now continue to make their own money! And on and on it goes.

The reason I like to invest my money through dividend reinvesting is 2 parts.

  1. I don’t pay a transaction fee, which doesn’t seem like much, but they do add up fast.
  2. I get a DRIP discount on new shares below market price, usually by around 3-5%

Nuts and Bolts

June

  • My year over year increase for June was 47.13% or $318.62 more than June 2016
  • My quarter over quarter increase was 16.95% or $144.12 more than 3 months ago

July

  • My year over year increase for July was 182.93% or $695.13 more than July 2016
  • My quarter over quarter increase was 15.36% or $143.19 more than 3 months ago

August

  • My year over year increase for August was 54.85% or $274.78 more than August 2016
  • My quarter over quarter increase was 5.81% or $42.60 more than 3 months ago
Month 2015 2016 2017 2017 $ INC 2017 % INC
January $152.00 $367.00 $639.12 $272.12 74.15%
February $229.00 $427.00 $557.24 $130.24 30.50%
March $385.00 $602.00 $850.50 $248.50 41.28%
April $201.00 $313.00 $931.94 $618.94 197.74%
May $375.00 $456.00 $733.18 $277.18 60.79%
June $475.00 $676.00 $994.62 $318.62 47.13%
July $200.00 $380.00 $1075.13 $695.13 182.93%
August $375.00 $501.00 $775.78 $274.78 54.85%
September $499.00 $716.88 $0.00 0 0.00%
October $236.00 $479.38 $0.00 0 0.00%
November $418.00 $514.57 $0.00 0 0.00%
December $624.00 $760.03 $0.00 0 0.00%
YTD Total $4,169.00 $6,192.86 $6,557.51 $2,835.51 0.00%

One of my goals for 2017 is to increase my dividend payout an average of $170 per month over the previous year. I’m moving quite ahead of schedule with an average increase of $354.44 per month. ($2,835/8).

See ya 2016 ~

My total dividend haul this year has already passed my 2016 total and we still have 4 more months to collect juicy dividends. 

How Much Free Money?

Year Total Dividends Received
2014 $2,421.00
2015 $4,169.00
2016 $6,193.00
2017 $6,557.51
2018 $0.00
2019 $0.00
2020 $0.00
Total  $19,340.37

Since 2014 I have received $19,340.37 worth of dividends. This does not include any capital appreciation.

Every month I like to see what my total dividend income could purchase if I chose to spend it on non investing stuff.

Turns out I could buy a …

2017 Subaru Impreza

MSRP of $18,395

It looks pretty fancy but I think I can still pound out a few more miles on my 2007 honda civic and keep my dividends rolling over.

Until next time.

Stay classy Fire bros

12 thoughts on “Dividend Income – June, July and August all rolled into one ball of greatness”

        1. Nice!

          It’s like a friendly race ~

          I’ve bought a fair bit of Enbridge this year. They upped their dividend 2x so far this year 🙂

          I was planning to own 1000 shares but I will be a bit to heavy if I do.

    1. Thanks BHL,

      Next year should be even better.

      It gets exciting when all the free money gets reinvested! I’m starting to really see the effects of compound interest.

  1. Wow I’m sorry that I missed this one. Congrats on the income and that is one heck of a purchase that you can make with your dividends. I think that is an upgrade from the Grill that you could have purchased earlier in the year haha

    Bert

    1. Thanks Bert!

      I see you and Lanny are doing pretty well as well this year (that sounded weird!)

      I hope in a few years I can buy a little Cessna

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