Recent Buy & Sell! April 2016

    There had been a bit of volatility in the markets a couple of weeks ago. In particular with my holding of Veresen (VSN). In a single day it jumped up from $8.87 a share to $9.51, roughly 8%! So I took the opportunity to sell a portion of my shares. I sold 71 shares at $9.42, which lowered my monthly dividend income by $5.91, and $70.97 annually.

September 2015: Dividend Update!

    September is one of my quieter dividend months, but just like every other month the dividends come in nice and steady with no effort or early mornings on my part! Every third month of a quarter is my lightest month, with the monthly distributions forming the base of the income, with a helping hand from Suncor. I am also very excited that for the first time this year, the on average lowest paying month just exceeded the highest single month of dividend income that I received in October 2014, just short of a full year ago!

Recent Buy! August 2015

    Putting money to work is an activity which I greatly enough, and its right up there with sharing those purchases here. On August 7th I closed my position in my BMO ETF, ZDV. Using some of those proceeds and accumulated dividends I added to my current holdings in Veresen (VSN).

    Veresen operates within three primary categories: midstream operations, pipelines and power generation. The stock is down 23.93% in the past three months, and on Friday dropped roughly another 4.8%. Mainly due to the unexpected forced shutdown of the Alliance pipeline, which Veresen shares a stake in with Enbridge.The issue appeared to be largely out of Alliance Pipeline's control, as the problem occurred by an upstream operator with the detection of Hydrogen Sulphide. On August 13th operations have started, and are running smoothly.

Next Buy Watchlist: February 2015

    I should be having money to invest within the upcoming weeks, so it is time to compile my watchlist of stocks that I am interested in! There are quite a few on my radar at the moment which I will be tracking and keep a closer eye on. For the most part I am mainly interested to adding to, and building up my current positions with an overarching goal of getting them to have payouts big enough to start a Dividend Re-Investment Plan. There are also some companies which I might start a new position in as well. And definitely some of these are familiar names from previous Watchlists.

    The main sectors/components of my portfolio that I want to build up are Financials, Telecoms, REITs and Consumer products, as well as selective Energy companies. I do eventually want to build up positions in Resources/Industrials, Healthcare, Technology and Transportation, but those areas I think I will leave for outside of my TFSA. I am also hesitant to enter into those areas as I do not currently have a lot of knowledge of them and their product/company life cycles.

Next Buy Watchlist: January 2015

   I am pretty happy to be able to post a Next Buy Watchlist this January! In December I wasn't sure if I would have enough extra capital to make a new stock purchase for this month, primarily due to a lot of expenses incurred in December. But, after reviewing my current cash levels, projected income and expenses for this month and February I'v found that I do indeed have some extra cash to deploy this month! And with all of the recent trouble within the Oil and Financial sectors to name a couple, there are quite a few great companies whose stocks prices have become quite tempting for me. On my shortlist of names are: Bank of Nova Scotia (BNS), Royal Bank of Canada (RY), Toronto Dominion Bank (TD), Pembina Pipeline (PPL), Veresen (VSN), Suncor (SU), and Dream Office REIT (D.UN).

August 2014 Dividend Update!

    The month of August is coming to an end and sadly the last week of summer vacation before many of you or your kids go back to school. The days have started getting a bit shorter and its not quite as warm as it used to be, or at least in Toronto... BUT! The companies in which I have shares of have kept on working just as hard as before, if not harder with some of them having raised their dividends recently. And so here is my dividends for the month of August, where these great companies have once again paid me for enjoying my summer!
 
    This month I received a total of $36.94 in dividends, which is -$20.32 from last months due to fewer quarterly dividends being paid out this month, but it is still a whooping $36.77 more than I got last August where all I had were a few hundred in a dividend mutual fund. Already this year I have received a total of $223.75 in dividends, that's roughly 22 hours of minimum wage work I did not have to do!

July 2014 Dividend Update!

    So the month of July has pretty much just finished and so I've received another months worth of awesome dividends and distributions from the companies I hold. Hopefully you've all received some good ones as well! This month has been my best month thus far with a grand total of $57.26 in passive income! That's roughly 5 hours of minimum wage work that I didn't have to do this month! :)

Dividend Income: January - May Catch-up Post!

    So since I'v only recently started this blog and also having only really gotten my portfolio going since January I shall do one 'big' month by month catch-up post on my dividend income thus far. Going forward I'll do a monthly posting. I know its one of the aspects of my portfolio that I look forward to during and at the end of the month to see how much money iv made not working! On other blogs as well I always love seeing how people's portfolios have grown in income from the previous year.

January
Dream Office REIT (D.UN)     $4.11
Algonquin Power (AQN)          $7.57
BCE Inc (BCE)                         $4.66
Bank of Nova Scotia (BNS)     $3.72
Scotia Mutual Fund                  $1.17                * Sold off in Febuary.

Total:                                        $21.23