Sunday, 19 March 2017

January 2017: Dividend Update!

    The first month of the year started off strong once again. Setting a great pace for the rest of 2017. My larger quarterly dividend paying positions came through very nicely! With three of them paying out over $40! And higher than January 2016 due to numerous dividend increases :)



Company
Ticker (TSX)
$(Cdn)
Notes
Dream Office REIT
D.UN
20.5

Veresen
VSN
8.33

Pizza Pizza
PZA
9.98

Pembina Pipeline Corp.
PPL
15.2

RioCan REIT
REI.UN
9.40

Algonquin Power & Utility
AQN
71.41
FX +$7.33
Bank of Nova Scotia
BNS
42.92

BCE Inc.
BCE
40.95

Toronto Dominion
TD
31.9

Total Dividends

250.59
+$7.33

    From the previous comparable month in October I received $7.33 more due to gains in foreign exchanged based off of Algonquin Power's U.S Dollar dividend. And from January 2016, this months is $23.36 higher with the difference in foreign exchange and dividend increases. That difference would have been higher however it was negatively affected by a few changes in my portfolio including a decreased position in Veresen and also Dream Office REIT had cut its distribution heavily.

    The next time these companies take their turn at paying out dividends, I should be receiving more as TD, BNS, and BCE all raised their dividends since January. Hurray for dividend growth!

4 comments:

  1. Very nice outcome for the month of January. Well done to you.

    ReplyDelete
  2. Solid income to start the year. Always happy to see the large Canadian banks doing their part for a passive income portfolio. Thanks for sharing.

    ReplyDelete