June 2016: Dividend Update!

    June continued the steady pace of dividends being paid out into my brokerage account. The third month of every quarter has so far consistently been my lowest month for dividends, with mostly just my monthly dividend payers. Although I am slowly working on that with the addition of Manulife Financial to my portfolio this year, and more recently adding again to the position during the Brexit market 'discount'.

Company	Ticker	$(Cdn)	Notes
Dream Office REIT	D.UN	20.50
Veresen	VSN	8.33
Pizza Pizza	PZA	9.76
Pembina Pipeline Corp.	PPL	15.2
RioCan REIT	REI.UN	9.4
Manulife Financial	MFC	24.98
Suncor	SU	5.8
Total Dividends		93.97	-$5.2

    For my next addition, I am leaning towards building up a monthly paying company, which I will post about in the coming week or so. I like to keep a balance between quarterly and monthly payers, with a general goal of smoothing out the monthly payments I get.

    But hey, I certainly will never turn down a good stock buy when the price is right, and ultimately the quality of the companies dictate my buys, not when they happen to decide to reward their shareholders with dividends. And the month of June rewarded me with $93.97 which my portfolio 'Wisp' worked for me while I relaxed comfortably. At minimum wage, that is roughly 8.2 hours in Ontario, Canada, basically a full day of work. So all I need to do is keep on building up this passive income stream, and one day I will be able to retire completely, whenever I want!