Skip to content
Advertisements

August 2018 – Dividend Update (GOAL REACHED!)

Already two-thirds of the year have gone by! I’m sorry these posts are shorter than they used to be but I just want to get right to the point. Been busy with work +++++, so nothing exciting to say here 🙂

Facepalm DOllar.png

Here are the dividends I’ve received in August 2018 from both of my investing accounts:

TFSA:

  • Financial 15 (FTN): $193.83
  • Savaria Corp (SIS): $22.53
  • Park Lawn Corp (PLC): $27.66
  • Sienna Senior Living (SIA): $24.68
  • Medical Facilities Corp (DR): $43.88
  • Alimentation Couche Tard (ATD.B): $4.90

RRSP:

  • Financial 15 (FTN): $383.64
  • Savaria Corp (SIS): $2.10
  • Enbridge Income Fund Holdings (ENF): $9.98
  • Dream Global REIT (DRG.UN): $19.93
  • Realty Income (O): $12.59
  • Omega Healthcare (OHI): $123.60
  • Abbvie (ABBV): $21.22

Total: $890.54

Last year, in August 2017, I had received a total of $638.39, which represents a YoY increase of 39.5% (see graph).

Screen Shot 2018-09-03 at 2.43.42 PM.png

This month brings me up to about $6,300 in total annual dividends, which means I still have over roughly $3,700 to go if I want to reach my goal of $10,000 by the end of the year. With only 4 months to go, that means I’ll need to average $925 per month. Seems unlikely that I’ll reach my goal (in terms of amounts received) since my contributions will be later in the year.

Screen Shot 2018-09-03 at 2.44.08 PM.png

Sales:

RRSP

  • Enbridge Income Fund Holdings (ENF) 53 shares (entire position)

Purchases:

RRSP:

  • Brookfield Renewable Partners (BEP.UN) 47 shares

Extra Shares from DRIP:

  • FTN :  56 Shares
  • DRG.UN: 1 Share
  • DR:  2 Shares
  • SIA: 1 Share
  • PLC: 1 Share

Dividend Raises:

  • SIA: Increase from $0.075/share/month to $0.0765/share/month, a 2% increase.
  • ORI: Increase from $0.19/share/Qt to $0.195/share/Qt, a 2.6% increase

Forward Annual Dividend:

My current annual forward dividend total is $10,044.24!! My goal for this year has been reached with a good 4 months to spare! I know that whenever I trim my FTN position, my forward gross yield will drop, but it’s something I will be doing in the next 6-12 months. I’ll try to maintain the current yield by contributing more as I’m trimming my FTN. That way it won’t look too depressing.

2018 Plan / Update:

1- Initiate more positions and gain exposure to new US positions.  – I’m being patient at the moment and looking for opportunities instead of buying just for the sake of it. No rush here!

2- Max out my TFSA and RRSP. No contributions this month, and unlikely to be any for a little while. I expect November and December to be big months. – This is still the case. Cash is currently going towards a house deposit and debts.

3- Re-organize my US and Canadian positions. Not a priority but will happen as I move along. – Meh. It’ll happen when it happens.

Let me hear about your month! Comment below with a link 🙂

As always, thank you so much for reading these updates!

-DI

Please check out my Amazon StoreYoutube Channel and Twitter

Advertisements

Dividend Investor View All

Money Lover, Dividend Growth Investor, Youtuber, and Blogger!

4 thoughts on “August 2018 – Dividend Update (GOAL REACHED!) Leave a comment

  1. woot! congrats on hitting your goal! and with 4 months left to boot…. solid.

    great income as well. Im jealous of your sienna drip! I need to up my position.

    keep it up
    cheers

    Liked by 1 person

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: