2016 Dividend Income Update

DGI&R Quarterly Dividends & Interest

In 2016 I made $4,039.79 in Canadian dividends and $1,266.04 in US dividends for a Canadian equivalent total of $5,706.77. Canadian equivalent interest payments were $3,889.50 which resulted in net dividends of $1,817.23 which is almost double the $957.05 in net dividends I received in 2015.

DGI&R Quarterly Dividends & Interest

*In 2014 I liquidated most of the portfolio to put a large down payment on a condo Ms. DGI&R and I bought and moved into. This is why dividend income drops off in the second half of 2014. Since then, I’ve been slowly building back the portfolio.

Why is there interest on my dividend income graph?

We purchased the condo with a re-advanceable mortgage, which is basically a traditional mortgage and a secured line of credit combined. As the mortgage portion is paid off, the credit limit on the line of credit portion increases. I’ve been paying off the mortgage aggressively and I use the line of credit to invest with when I find a reasonably cheap dividend growth stock to buy. That’s why you see the interest in yellow growing over time along with dividends. There is also some margin interest included here too as

… Continue reading 2016 Dividend Income Update

Dividend Income Update: May & June 2015

Dividend Income Chart

“Dividends have been a key and underrated part of North American markets’ total returns over the decades. As the British used to say: ‘Milk from the cows, eggs from the hens. A stock, by God, for its dividends.’ ”

David Chilton, The Wealthy Barber Returns

My retirement plan involves collecting an increasing stream of dividend income to help pay for retirement expenses and inflation. While I am a ways off from reaching my long term financial goals, I find it encouraging to track and witness my monthly dividends grow over time. From the quote above it sounds like the British are fans of this too.

May 2015 dividend income

No dividends received in the month.

Line of Credit Interest – $159.05

June 2015 dividend income

June Canadian Dividend Income

Total June Canadian Dividend Income – $202.80

June US Dividend Income

Total June US Dividend Income – $142.80

Line of Credit Interest – $164.34

I’m

… Continue reading Dividend Income Update: May & June 2015

September 2014 to April 2015 Dividend Income Update

Dividend Income & Line of Credit Interest Chart

Dividends Tell the Truth

Dividends and dividend growth are the real-life signal that a company has the wherewithal to pay you dividends, that it has your interests at heart in the fact that it pays you dividends, and that it is experiencing real growth as proven by the real growth in its real dividends.

Lowell Miller (2006). The Single Best Investment: Creating Wealth with Dividend Growth

My retirement plans involve collecting an increasing stream of dividend income to help pay for retirement expenses and inflation. While I am a ways off from reaching my long term financial goals, I find it encouraging to track and witness my monthly dividends grow over time. As indicated in the quote above, this also acts as a good barometer for my portfolio. If the dividends in my portfolio continue to increase it is a good sign that the companies I have invested in are continuing to perform well. These are just a few reasons I track my dividend income monthly.

Since my last dividend income update things have changed a bit. I liquidated my entire portfolio to help come up with a large down payment for the condo I moved into

… Continue reading September 2014 to April 2015 Dividend Income Update

May, June, July and August Dividend Income Update

Drop in a Dime

As a way of tracking my progress towards financial freedom I total up the dividends I receive each month. The end goal is to have my dividends cover my expenses. This is a long term goal, so I have a lot of years to go, but I find it encouraging to see my dividend income steadily rise over time. This reminds me that I’m on the right track and to stick with it. Here are the results for May, June, July and August.

My dividend income for May 2014:

May Canadian Dividend Income

Total May Canadian Dividend Income – $103.92

May US Dividend Income

Total May US Dividend Income – $27.33

My dividend income for June 2014:

June Canadian Dividend Income

Dividend Income Update: March & April 2014

Dripping Maple Goodness

As a way of tracking my progress towards financial freedom I total up the dividends I receive each month. The end goal is to have my dividends cover my expenses. This is a long term goal, so I have a lot of years to go, but I find it encouraging to see my dividend income steadily rise over time. This reminds me that I’m on the right track and to stick with it. Here are the results for March and April.

My dividend income for March 2014:

March Canadian Dividend Income

Total March Canadian Dividend Income – $154.04

March US Dividend Income

Dividend Income Update: February 2014

Loonie

As a way of tracking my progress towards financial freedom I total up the dividends I received each month. The end goal is to have my dividends cover my expenses. This is a long term goal, so I have a lot of years to go, but I find it encouraging to see my dividend income steadily rise over time. This reminds me that I’m on the right track and to stick with it. Here are the results for the month.

My dividend income for February 2014:

Canadian Dividend Income

Total February Canadian Dividend Income – $103.03

US Dividend Income

Total February US Dividend Income – $26.59

February pays out the least in the quarter

… Continue reading Dividend Income Update: February 2014

Dividend Income Update: January 2014

329 Balloons

As a way of tracking my progress towards financial freedom I total up the dividends I received each month. The end goal is to have my dividends cover my expenses. This is a long term goal, so I have a lot of years to go, but I find it encouraging to see my dividend income steadily rise over time. This reminds me that I’m on the right track and to stick with it.

My dividend income for January 2014:

Canadian Dividend Income

Total Canadian Dividend Income – $204.22

US Dividend Income

  • Medtronic – $11.48
  • PepsiCo – $65.71
  • Sysco – $23.20

Total US Dividend Income – $100.39

Two companies announced dividend increases recently and as a result paid me more this month.

  • Telus (TSE:T Trend Analysis) increased their

    … Continue reading Dividend Income Update: January 2014

  • Dividend Income Update: December 2013

    Números, números, números!!

    As a way of tracking my progress towards financial freedom I total up the dividends I received each month. The end goal is to have my dividends cover my expenses. This is a long term goal, so I have a lot of years to go, but I find it encouraging to see my dividend income steadily grow over time. This reminds me that I’m on the right track and to stick with it.

    My dividend income for December 2013:

    Canadian Dividend Income

    • Altagas – $33.41
    • Enbridge – $32.55
    • Fortis – $35.67
    • Suncor Energy - $20.00
    • Sunlife – $36.00

    Total Canadian Dividend Income – $157.63

    US Dividend Income

    Total US Dividend Income – $128.37

    I started tracking my monthly dividend income at the beginning of the year, so with December it marks a full year. In 2013 I received a total

    … Continue reading Dividend Income Update: December 2013

    Dividend Income Update: September, October & November 2013

    One thing is not like the others

    As a way of tracking my progress towards financial freedom I total up the dividends paid to me each month. The end goal is to have my dividends cover my expenses. This is a long term goal, so I have a lot of years to go, but I find it encouraging to see my dividend income steadily grow over time. This reminds me that I’m on the right track and to stick with it.

    As you know, I’m playing catch-up. For this dividend income update post I’ll be covering September, October & November.

    My dividend income for September 2013:

    Canadian Dividend Income

    • Altagas – $33.41
    • Enbridge – $32.31
    • Fortis – $35.30
    • Suncor Energy - $20.00
    • Sunlife – $36.00

    Total September Canadian Dividend Income – $157.03

    US Dividend Income

    Total September US

    … Continue reading Dividend Income Update: September, October & November 2013

    Dividend Income Update: August 2013

    Exchange Money Conversion to Foreign Currency

    epSos.de / Foter / CC BY

    As a way of tracking my progress towards financial freedom I total up the dividends paid to me each month. The end goal is to have my dividends cover my expenses. This is a long term goal, so I have a lot of years to go, but I find it encouraging to see my dividend income steadily grow over time. This reminds me that I’m on the right track and to stick with it.

    My dividend income for August 2013:

    Canadian Dividend Income

    • Royal Bank – $15.12
    • SNC Lavalin – $23.00

    Total Canadian Dividend Income – $38.12

    US Dividend Income

    • AT&T – $16.65
    • Proctor & Gamble – $9.46

    Total US Dividend Income – $26.11

    I didn’t earn a lot of income in August, but this was expected. This month of the quarter is always the lowest one. With my purchase of Potash Corporation of Saskatchewan I expect dividend income to increase. Potash pays out one of

    … Continue reading Dividend Income Update: August 2013