Friday, July 31, 2015

My July Dividend Income Summary: $BCE $CUF.UN $KHC $MDLZ $CP $BNS $PWF

July 2015 is now history and it's that time again for a Dividend Income Summary of the Month.

I love seeing those dividends coming in like clockwork (well, most of the time).

It does indeed seem like money is working for you instead of you working for money.

As you can see on my Passive Income page, 7 companies chipped in for this month of July.

Most notably, you will notice I have a received a special dividend of more than a grant from the new Kraft Heinz Company. It really boosted my income this month. Wow, thanks Mr. Buffet!

This month I managed to collect 1212.89$ The amounts are all in Canadian dollars. 

My Dividends came from:
  • REIT Cominar (CUF.UN) : 21.56$ (More or less one share because a DRIP applies)
  • BCE (BCE) : 26.00$
  • Power Financial (PWF) : 27.94$
  • Kraft Heinz Company (KHC) : 1039.01$ (special dividend)
  • Kraft Heinz Company (KHC) : 30. 27$ (regular dividend)
  • Mondelez International (MDLZ) : 20.11$
  • Canadian Pacific (CP) : 14.00$
  • Bank of Nova Scotia (BNS) : 34.00$
My total Dividend paid for 2015 : 1321.69$ + 1212.89$ = 2 534.58$


My Total Dividend paid since I started Dividend Investing : 10 605.22$ + 1212.89$ = 11 818.11$

What do you think of my dividend income stream? 

Friday, July 17, 2015

New Post: My recent (small) buys $CNR $ACO.X $CUF.UN

Hey Financial Freaks,

I haven't been writing much lately. I apologize. Monsieur Dividende has been quite busy making money to invest more in dividend growth stocks. 

The whole purpose of this whole blog is to document my journey on become financially independent.
But to do that one has to work.

Anyway, I thought I'd give a little bit of information regarding my portfolio and the subtle changes I have made these past months.

I have made a few buys :

ATCO (ACO.X) I have now 120 shares of this company. My average share price is around 45$ and the actual share price is under 40$.  I have add 118$ in dividend to my Passive Income.

The stock has had problems recently. But the core of the company hasn't changed and I intend to buy some more to lower my average share price.

To find out more about ATCO, check it out here.

Canadian National Railway (CNR.TO). This is a company I was following for quite some time now. It's 52-WK high was around 88$, so I figured 72$ was a decent entry point. The stock is still a little price, but I like their growth perspectives. And although the dividend yield is kind of low (under 2%), I'm confident the company will be able to increase it at a rate better than inflation.

So last month I bought 25 shares of CNR at 72,90$. This adds 31,25$ annually to my Passive Income.

CNR is my 18th company (I know, I know...) and my second in the railway/transport sector alongside its competitor, Canadian Pacific (CP).

Canadian National Railway Company (CN) is engaged in the rail and related transportation business. CN's network and connections to all Class I railroads provide its customers with access to all three North American Free Trade Agreement (NAFTA) nations. CN derives its freight revenue from seven commodity groups representing a portfolio of goods transported between a range of origins and destinations. 

The Company's network of approximately 20,000 route miles of track spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans and Mobile (Alabama), and the metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth (Minnesota)/Superior (Wisconsin), Green Bay (Wisconsin), Minneapolis/St. Paul, Memphis, and Jackson (Mississippi), with connections to all points in North America. (Description from Reuters)

Cominar REIT (CUF.UN). I have had shares of Cominar since 2013. I have sold some a couple of months ago. I decided to add some more when a raise in interest rates was looming and the stock price was going down.

I bought just enough so I would be able to buy some more units with my DRIP on a monthly basis. That's all. So I should be able to add 10 to 12 units per year from now. That's fine with me and my sector allocation.

I now own 176 units of Cominar REIT. This represents 258,72$ annually in Passive Income.

I am still ready to move if a stock correction happens. Not sure the greek situation (and the chinese for that matter) is all over yet. So I have kept more cash than necessary on hand. Will see. 

How about this fine little stock : Alimentation Couche-Tard (ATD.B). Sure wish I had bought some more in July 2014 when I thought the stick price was still too high... Oh well.

Worth mentioning : I received my special Dividend from KHC (Kraft-Heinz Company). Holy Macaroni! This is more than 1 000$ (Canadian mind you, but even so...). Where this it go? It's waiting to buy some more stock in my brokerage account. I also paid lunch to my parents and my girlfriend (who said I was cheap!). A man love his pork ribs... ;-)

What do you think of my latest small buys?

Wednesday, July 1, 2015

My June Dividend Income Summary $POW $JNJ $SU $ABX $CUF.UN $COP $FTS $ACO.X

June 2015 is now history and it's that time again for a Dividend Income Summary of the Month.

Like all Dividend Investors, I love seeing those dividends roll into my accounts. (katching!)

It does indeed seem like money is working for you instead of you working for money.

As you can see on my Passive Income page, June is one my highest paying dividend month of the year with more than 8 companies chipping in.

This month I managed to collect 410.23$.
The amounts are all in Canadian dollars. 

My Dividends came from:
  • REIT Cominar (CUF.UN) : 18.38$ (More or less one share because a DRIP applies)
  • Power Corporation (POW) : 93.38$
  • Johnson and Johnson (JNJ) : 120.32$ (CA$)
  • Suncor (SU) : 61.60$
  • Barrick Gold (ABX) : 12.25$
  • ConocoPhilipps (COP): 45.21$ (CA$)
  • Fortis (FTS) : 34.34$
  • ATCO (ACO.X) : 24.75$
My total Dividend paid for 2015 : 1321.69$


My Total Dividend paid since I started Dividend Investing : 10 605.22$ + 410.23$ = 11015.45 $

What do you think of my dividend income stream?