Tuesday, May 31, 2016

My May 2016 Dividend Income Summary : $RY $VSB $VZ $CUF.UN

Hey Personal Financial Freaks! This is my fifth Dividend Income Summary for 2016. 

As you can see on my Passive Income page, only 4 companies chipped in for this month. May is a slow month, what can I say.  Money coming in is... well it's money!

So although May is a quiet month I still managed to collect 160.71$

The amounts are all in Canadian dollars. 

My Dividends came from:

               REIT Cominar (CUF.UN) : 24.75$ (I used to buy one more unit with my DRIP @17.31$);

              Vanguard Canadian Short-Term Bond Index ETF (VSB) : 13.02$ (A new comer that I like and that will provide me with a steady and safe dividend income stream. This number will grow as I intend to increase my position over time in VSB. Remember my 15-20% bond strategy?)

              Verizon (VZ) : 17.64$ (One of those stocks I wish I had more.. I will if the stock price goes  down and the Canadian dollar goes up!...)

             Royal Bank of Canada (RY) : 105.30$. (My biggest financial position. A keeper.)

My total Dividend paid for 2016 :  250.47$ + 256.52$+531.59$+313.70$+160.71$  = 1512.99$

Total Dividend paid since I started Investing : 17 994.22$+160.71$ = 18 154.93$

What do you think of my dividend income stream?

6 comments:

  1. Keep it up MD. Don't stop! Keep pushing yourself to greater and greater. I'm happy for your progress and appreciate you sharing your journey with me / us. Cheers to our journey my friend.

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  2. Thanks DH! I'm trying as hard as I can... wait, ok, maybe I can skip the fine wine! ;)

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  3. MD

    Keep those dividend comeing in , no matter the month is :-)

    Sharon

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    1. Hey Sharon! Thanks for the nice comment. It's true, money is money, right? No matter the month...;-)

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  4. Congrats on a great dividend income month.

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    1. Hey IH, thanks for coming down here. Yeah, it's a pretty decent month. Can't complain when it's free money coming in!

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Thanks a lot for your comment.