Last month I received a dividend income of $931.34 for April and May looks pretty decent as well. I’m definitely having a banner year so far but summer is a coming. Saying that, I plan to scale everything back a little so I can enjoy more time with the wife and kids for July and August.

This year, my goal is to pass $8,000 in total dividends received. Let’s check  out what happened in May.

May Dividend Income

For the month of May I received dividends from 15 different companies.

Ticker	Company Name	Dividend
TSE:AX.UN	Artis REIT	$102.33
TSE:RY	Royal Bank	$91.35
TSE:NVU.UN	Northview Apartment REIT	$84.60
OHI	Omega	$75.60
TSE:PLZ.UN	Plaza REIT	$73.51
TSE:ALA	AtlaGas	$70.53
TSE:D.UN	Dream Office REIT	$38.25
TSE:ENF	Enbridge	$37.64
GIS	General Mills	$31.68
TSE:SJR.B	Shaw	$30.81
TSE:AD	Alaris	$27.14
O	Reality Income	$21.10
TSE:PZA	Pizza Pizza	$17.90
TSE:PWF	Power Financial	$15.68
TSE:CPG	Cresent	$15.06
	Total	$733.18

I received $733.18 in dividends for the month of May.

This blows past my previous quarter by a staggering $176 dollars. Not a bad jump in 3 months 🙂

What can I buy??

Every month, after I have tallied my dividend totals, I like to see what I could do with all the free money. I do this for two reasons.

The first being that I like to feel rewarded for my hard work and when I can imagine what the money could buy me, it becomes more real than say, 4 shares of 8 different companies.

The second reason is that I fully expect to look back here in say a decade and ponder what could have been had I been a consumer rather than a saver. I imagine I will look back at that BBQ or TV in 10 years from now and I’d be just about throwing the thing out.

Now, saying that, I’m going to buy a brand new…

Like every month, I DRIP my dividends and buy back more shares, usually at a market discount. This is the secret to investing.

The money that I make (dividends) will now continue to make their own money! And on and on it goes.

The reason I like to invest my money through dividend reinvesting is 2 parts.

1. I don’t pay a transaction fee, which doesn’t seem like much, but they do add up fast.
2. I get a DRIP discount on new shares below market price, usually by around 3-5%

Nuts and Bolts

• My year over year increase was 60.79% or $277.18 more than May 2016
• My quarter over quarter increase was 31.57%

Month	2015	2016	2017	2017 $ INC	2017 % INC
January	$152.00	$367.00	$639.12	$272.12	74.15%
February	$229.00	$427.00	$557.24	$130.24	30.50%
March	$385.00	$602.00	$850.50	$248.50	41.28%
April	$201.00	$313.00	$931.94	$618.94	197.74%
May	$375.00	$456.00	$733.18	$277.18	60.79%
June	$475.00	$676.00	$0.00	0	0.00%
July	$200.00	$380.00	$0.00	0	0.00%
August	$375.00	$501.00	$0.00	0	0.00%
September	$499.00	$716.88	$0.00	0	0.00%
October	$236.00	$479.38	$0.00	0	0.00%
November	$418.00	$514.57	$0.00	0	0.00%
December	$624.00	$760.03	$0.00	0	0.00%
YTD Total	$4,169.00	$6,192.86	$3,711.98	$1,546.98	0.00%

One of my goals for 2017 is to increase my dividend payout an average of $170 per month over the previous year. I’m moving quite ahead of schedule with an average increase of $309.40 per month. ($1,546.98/5). Saying that, I don’t expect to keep up at this breakneck pace through summer.My total dividend haul this year has already passed my 2014 total year and I should pass my 2015 mark by the end of June 🙂 I’m currently sitting at $3,711.98 and it’s only June 1st. 

How Much Free Money?

Year	Total Dividends Received
2014	$2,421.00
2015	$4,169.00
2016	$6,193.00
2017	$3,711.98
2018	$0.00
2019	$0.00
2020	$0.00
Total	$16,494.84

Since 2014 I have received $16,494.84 worth of dividends. This does not include any capital appreciation.

Every month I like to see what my total dividend income could purchase if I chose to spend it on frivolous stuff. Seeing as my monthly dividend bought me a fancy new above ground swimming pool, I thought what else could I buy to master my back stroke.

Turns out I could buy a …

SWIMMING POOLS – EX DISPLAY

This does look cool but I fully expect my dividends to continue to work for me and in time buy me not only the pool but the house as well.

Until next time.

 

Stay classy Fire bros

Last month I received a dividend income of $850.50 for March. I crushed my year over year increase goal of $170 per month with a legit $248.50 increase. I’m hoping to keep this momentum going as I press forward through April.

This year, my goal is to pass $8,000 in total dividends received. Let’s check  it out. 

April Dividend Income

For the month of April I received dividends from 16 different companies.

Ticker	Company Name	Dividend
TSE:AQN	Algonquin	$232.84
TSE:AX.UN	Artis REIT	$101.70
WPC	W.P. Carey	$99.50
TSE:NVU.UN	Northview Apartment REIT	$84.20
TSE:PLZ.UN	Plaza REIT	$73.17
TSE:ALA	AtlaGas	$70.18
TSE:ZLB	BMO LOW VOL ETF	$40.70
TSE:D.UN	Dream Office REIT	$38.13
TSE:TA	TransAlta	$35.76
WDC	Western Digital	$35.00
TSE:SJR.B	Shaw	$30.80
TSE:AD	Alaris	$27.00
O	Reality Income	$21.10
TSE:PZA	Pizza Pizza	$17.83
TSE:CPG	Cresent	$15.03
NKE	Nike	$9.00
	Total	$931.94

I received $931.94 in dividends for the month of April.

This is a new personal record, blowing past last month’s record $850.

With over $900 bucks burning a hole in my pocket, it’s time to go shopping! With spring in the air, I think I will buy a brand new…

Weber Genesis II E-410 gas grill.

Price$900.00

With evenness performance and the ability to cook over 28 hamburgers at the same time, I would be a fool not to purchase this exquisite beast of master cookery.

I guess I’m a fool.

Like every month, I DRIP my dividends and buy back more shares, usually at a market discount. This is the secret to investing.

The money that I make (dividends) will now continue to make their own money! And on and on it goes.

The reason I like to invest my money through dividend reinvesting is 2 parts.

1. I don’t pay a transaction fee, which doesn’t seem like much, but they do add up fast.
2. I get a DRIP discount on new shares below market price, usually by around 3-5%

Nuts and Bolts

• My year over year increase was 197.74% or $618.94 more than April 2016
• My quarter over quarter increase was 45.82%
• This was a ridiculous quarter almost entirely due to my new position in AQN
• I do not expect to ever see this big of a gain again unless I win the lotto.

Month	2015	2016	2017	2017 $ INC	2017 % INC
January	$152.00	$367.00	$639.12	$272.12	74.15%
February	$229.00	$427.00	$557.24	$130.24	30.50%
March	$385.00	$602.00	$850.50	$248.50	41.28%
April	$201.00	$313.00	$931.94	$618.94	197.74%
May	$375.00	$456.00	$0.00	0	0.00%
June	$475.00	$676.00	$0.00	0	0.00%
July	$200.00	$380.00	$0.00	0	0.00%
August	$375.00	$501.00	$0.00	0	0.00%
September	$499.00	$716.88	$0.00	0	0.00%
October	$236.00	$479.38	$0.00	0	0.00%
November	$418.00	$514.57	$0.00	0	0.00%
December	$624.00	$760.03	$0.00	0	0.00%
YTD Total	$4,169.00	$6,192.86	$2,978.80	$1269.80	0.00%

One of my goals for 2017 is to increase my dividend payout an average of $170 per month over the previous year. I’m moving quite ahead of schedule with an average increase of $317.45 per month. ($1269.80/4). Saying that, I don’t expect to keep up at this breakneck pace through summer.

My total dividend haul this year has already passed my 2014 total year! I’m currently sitting at $2,978.80 and it’s only May 1st. It’s crazy to think that I have already passed my 2014 total in just 4 months! How cool is that.

How Much Free Money?

Year	Total Dividends Received
2014	$2,421.00
2015	$4,169.00
2016	$6,193.00
2017	$2,978.80
2018	$0.00
2019	$0.00
2020	$0.00
Total	$15,761.66

Since 2014 I have received $15,761.66 worth of dividends. This does not include any capital appreciation.

Every month I like to see what my total dividend income could purchase if I chose to spend it on frivolous stuff. Seeing as my monthly dividend bought me a fancy new BBQ, I thought what else could I buy to enhance my chef type abilities?

Turns out I could buy a whole darn kitchen 🙂

I wouldn’t call this a frivolous purchase and If I did spend my dividends it would most likely be on something like this, I know my wife would like it 🙂

Unfortunately for her, I’m a dividend reinvestor and one day (maybe) my dividends dividends can buy her one of these.

Until then,

Stay classy Fire bros