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

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Portfolio Update: Rogers Communications Purchased

(Red) Phone

For those new to the blog, I like to keep my readers up to date on portfolio changes. One of the reasons I started this blog was to educate others, but also to improve my own investing. By keeping an open book of my portfolio and changes to it, I hope to generate discussion so others can see how I put my investing philosophy into practice.

On October 8, 2014 I purchased Rogers Communications [TSE:RCI.B Trend] at $42.40 + commission and then later I purchased another lot of shares at $41 + commission on October 15, 2014. I completed a dividend stock analysis of Rogers in 2013 and came up with a target buy price of $38. I updated my target buy to $41 after adding in the 2013 results to my spreadsheet and taking into consideration the 5% dividend increase.

Related article: Rogers Communications: Dividend Stock Analysis

I found out the hard way that you shouldn’t send money from your personal bank account to your wife’s margin account. Apparently they don’t like it. I forgot that

… Continue reading Portfolio Update: Rogers Communications Purchased

TELUS Dividend Stock Analysis: Good, But I Prefer Rogers Communications

TelusStore

Stu pendousmat / Foter.com / CC BY-SA

Before I start the dividend stock analysis I want to mention to new readers that there is another article that you may want to read first. The other article better explains what I’m looking for in a company from a dividend growth perspective and why I analyze specific company components and ratios. The other article is meant more as an educational tool so that readers can better understand my dividend stock analyses. This dividend stock analysis will look at the company to identify if it is a good dividend growth candidate to invest in.

TELUS Dividend Stock Analysis

Canadian Telecom stocks have been dropping in price ever since Verizon Communications announced that they plan to buy WIND Mobile. Rogers Communications and TELUS have been hit the hardest because a larger portion of their income is from wireless communications, which Verizon would compete for. With this recent drop, Rogers Communications is close to my target price, so I thought it would be a good time to review TELUS.

Company Description

From Google Finance:

“TELUS Corporation (TELUS), incorporated on

… Continue reading TELUS Dividend Stock Analysis: Good, But I Prefer Rogers Communications

Rogers Communications: Dividend Stock Analysis

Rogerscablemoncton

I Stu_pendousmat took this picture in the summer of 2007 / Foter.com / CC BY-SA

These dividend stock analyses can be difficult to understand if you don’t have an understanding on dividend growth investing. If you find that some of this information doesn’t make sense read my article on Deciding Which Stocks To Buy: Dividend Growth Investing Criteria first. This article will give you an understanding of why I look at various measures and what I’m looking for in a company when I do a dividend stock analysis. And now onto Rogers Communications…

Company Description

Here is the business summary from MorningStar:

Rogers Communications is a diversified communications and media company. It is Canada’s largest wireless voice and data communications services provider. Its cable and telecom division is Canada’s largest cable television provider, offering cable TV, high-speed Internet access, telephony services, and video retailing. The business solutions division is a national provider of voice communications services, data networking, and broadband Internet connectivity to businesses.

10 Year Stock Chart

Looking at the 10 year stock chart, there is

… Continue reading Rogers Communications: Dividend Stock Analysis

Looking for Dividend Growth in the Canadian Communication Industry: Shaw Communications

[ Tell Me Your Secrets ] Blue Telephone : Paris Charles De Gaulle Airport : France

|| UggBoy♥UggGirl || PHOTO || WORLD || TRAVEL || / People Photos / CC BY

The Canadian Communications Industry is made up of only a few key players. Today I’ll be looking into Shaw Communications and seeing how its future expected dividend growth compares to some of its competitors, namely Telus, Rogers Communications and BCE.

Dividends

A quick look at the Canadian Dividend All-Star List tells me that Shaw Communications has increased their dividend for 10 consecutive calendar years in a row. For a Canadian company this is an impressive streak. Telus has a streak of 9 years, Rogers Communications has a streak of 8 years, and BCE has a streak of 4 years. All of these companies have increased their dividend within the last year so when the year is over I expect them to move up one year on the list. For Shaw Communications this would make 11 consecutive years of increasing dividends.

Dividends have been steadily increasing over the years which are good signs, but it looks like the significant dividend growth occurred

… Continue reading Looking for Dividend Growth in the Canadian Communication Industry: Shaw Communications