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?


  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.

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

  3. MD

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


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

  4. Congrats on a great dividend income month.

    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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