Hello, August is over. I’m back from holidays, ready to get back to work and collect some dividends!
The last update I had was $733.18 for May and I was making pretty good headway for the year. This year I planned to take most of the summer off and focus on my family and in hindsight it was not only the right move but an awesome move!
I feel rejuvenated, refreshed and ready to keep pushing forward.
Saying that, I was still expecting my dividends to keep rolling in and was looking forward to a good few months.
This year, my goal is to pass $8,000 in total dividends received. Let’s check out what happened in June, July and August.
June, July, August Dividend Income
For the month of June I received dividends from 18 different companies, July -14 and August – 13.
| Dividends | ||||
| Ticker | Company Name | June | July | August |
| TSE:NVU.UN | Northview Apartment REIT | $85.01 | $104.57 | $105.25 |
| TSE:PZA | Pizza Pizza | $17.97 | $18.04 | $18.11 |
| O | Reality Income | $21.10 | $21.15 | $21.15 |
| TSE:AD | Alaris | $27.27 | $27.41 | $27.54 |
| TSE:ENF | Enbridge | $58.34 | $84.18 | $90.68 |
| TSE:SJR.B | Shaw | $30.91 | $31.01 | $31.11 |
| TSE:ALA | AtlaGas | $70.88 | $71.23 | $71.58 |
| TSE:CPG | Cresent | $15.09 | $15.12 | $15.15 |
| TSE:AX.UN | Artis REIT | $102.96 | $103.59 | $104.31 |
| TSE:PLZ.UN | Plaza REIT | $73.85 | $89.96 | $90.41 |
| TSE:AQN | Algonquin | $224.94 | ||
| WDC | Western Digital | $35.00 | ||
| TSE:ZLB | BMO LOW VOL ETF | $148.93 | ||
| WPC | W.P. Carey | $100.00 | ||
| TSE:RY | Royal Bank | $91.35 | ||
| OHI | Omega | $76.80 | ||
| GIS | General Mills | $32.34 | ||
| TSE:SU | Suncor | $46.08 | ||
| NVDA | Nvidia | $7.00 | ||
| TSE:BIP.UN | Brookfield Infr | $59.31 | ||
| TSE:PTG | Pivot | $66.80 | ||
| TSE:CWB | Canadian Western Bank | $97.75 | ||
| TSE:ENB | Enbridge | $146.40 | ||
| TSE:D.UN | Dream Office REIT | $38.38 | ||
| TSE:XTC | Exco Technologies | $31.20 | ||
| TOTAL | $996.30 | $1,075.13 | $775.78 |
- I received $996.30 in dividends for the month of June
- I received $1075,13 in dividends for the month of July (BOOM)
- I received $775.78 in dividends for the month of August
$4 dollars.
Yup, I was $4 bucks off of hitting the $1000 mark for June but managed to hit that milestone one month later in July 🙂
The last 3 months brought in a total of $2847.21
Dividend Increase and highlights
- Realty Income – 1%, 92nd increase since 1994
- Enbridge – 10% Mar 1st. , 5% June 1st. 22nd consecutive years
- W.P. Carey – 1%, 16 consecutive years, 3rd raise this year
- Omega Healthcare – 1.6%, Omega has now increased its common dividend 20 consecutive quarters
- General Mills – 2%, General Mills have paid dividends without interruption for 118 years
What can I buy
with all that free money that I banked over the summer without lifting a finger?
AMSEC BLC3024 C-Rated Burglar Safe
$ 2,720.00
To hold all the money these companies are throwing my way!
In all seriousness, everyone should have a safe but I choose to keep valuables in a safety deposit box at the bank for around $4 dollars a month.
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.
- I don’t pay a transaction fee, which doesn’t seem like much, but they do add up fast.
- I get a DRIP discount on new shares below market price, usually by around 3-5%
Nuts and Bolts
June
- My year over year increase for June was 47.13% or $318.62 more than June 2016
- My quarter over quarter increase was 16.95% or $144.12 more than 3 months ago
July
- My year over year increase for July was 182.93% or $695.13 more than July 2016
- My quarter over quarter increase was 15.36% or $143.19 more than 3 months ago
August
- My year over year increase for August was 54.85% or $274.78 more than August 2016
- My quarter over quarter increase was 5.81% or $42.60 more than 3 months ago
| 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 | $994.62 | $318.62 | 47.13% |
| July | $200.00 | $380.00 | $1075.13 | $695.13 | 182.93% |
| August | $375.00 | $501.00 | $775.78 | $274.78 | 54.85% |
| 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 | $6,557.51 | $2,835.51 | 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 $354.44 per month. ($2,835/8).
My total dividend haul this year has already passed my 2016 total and we still have 4 more months to collect juicy dividends.
How Much Free Money?
| Year | Total Dividends Received |
| 2014 | $2,421.00 |
| 2015 | $4,169.00 |
| 2016 | $6,193.00 |
| 2017 | $6,557.51 |
| 2018 | $0.00 |
| 2019 | $0.00 |
| 2020 | $0.00 |
| Total | $19,340.37 |
Since 2014 I have received $19,340.37 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 non investing stuff.
Turns out I could buy a …
2017 Subaru Impreza
It looks pretty fancy but I think I can still pound out a few more miles on my 2007 honda civic and keep my dividends rolling over.
Until next time.
Stay classy Fire bros
Goodness Steve! What an update! Your YoY growth is incredible! I’m assuming you’re heavily investing each month to achieve that? And congrats on the milestone for passing 2016’s total already…you really are crushing it! Keep it up bro,
Dan
Passive Income Dude recently posted…Passive Income Report: August 2017 (Record x3!)
Sorry – you’re not going to believe this, but I was like, “those monthly totals seem similar to mine…” so I went back and checked…guess what my total was? $2829 and some change. Hahah, so close to yours!
Passive Income Dude recently posted…Passive Income Report: August 2017 (Record x3!)
I’m also very close to buying my first investment property. I need about 4 to catch up to you though.
Nice!
It’s like a friendly race ~
I’ve bought a fair bit of Enbridge this year. They upped their dividend 2x so far this year 🙂
I was planning to own 1000 shares but I will be a bit to heavy if I do.
That’s just awesome, fantastic to see that your 2017 income is a lot higher than your 2016 and beyond income. Well done to you!!
Buy, Hold Long recently posted…End Of FY2017 Report Card – Rating My Stocks
Thanks BHL,
Next year should be even better.
It gets exciting when all the free money gets reinvested! I’m starting to really see the effects of compound interest.
Congrats on the new record highs! Impressive results, and the best part, they’re only going to get better in the future!
Jay recently posted…Free Trend Following Trade Ideas For September 2017 (Part 1)
Thanks Jay.
Truely amazing results. Congratulations on your achievements!
Thanks Mr. Robot
Wow I’m sorry that I missed this one. Congrats on the income and that is one heck of a purchase that you can make with your dividends. I think that is an upgrade from the Grill that you could have purchased earlier in the year haha
Bert
Thanks Bert!
I see you and Lanny are doing pretty well as well this year (that sounded weird!)
I hope in a few years I can buy a little Cessna