I can’t believe that 2015 is already half way over. It felt like it was yesterday when Mrs. T, Baby T, my parents, and my brother were sitting in front of the Christmas tree, opening gifts and celebrating Christmas. Time sure flies by when you’re having fun! I’ve encountered a number of changes so far this year. Baby T is learning new things every day, speaking more and more words, and gaining more and more skills. He can understand 3 different languages and can speak words from 3 different languages. Pretty impressive for a 20 month old! Hopefully this will help him with able to learn even more languages as he grows up. Mrs. T’s cousins are fluent in 5 languages and one of them is just about to learn Italian. I’m always impressed to see them switching from one language to another flawlessly.
Another change has to do with my job change a few months ago. I’m still with the same company but moving to a different department, allowing me to expand my skill sets. I’ll be with the same company for 9 years and it’s interesting to know this is my 4th job position. This is my way of making sure I’m always learning and challenging myself. I believe that when we get too comfortable we start losing ambitions and stop challenging ourselves to be better human beings. I need to keep myself motivated.
The other change for me is that I’m reading some very interesting self improvement books. This is my way of growing as a human being and trying to improve myself. I’m learning a lot from these books and this is probably I’m writing some thought provoking blog posts. 🙂
For half of June the family spent time in northern Europe visiting Mrs. T’s family and friends. I’ve been submerged in non-English conversation every day and I’m slowly picking up a few things here and there. We’re spending a few more weeks in July in the Viking country and it’s always great to know that we’re receiving dividend income by simply owning various businesses. Not only am I getting paid by my work while on vacation, I’m getting paid by dividend income as well, gotta love dividend income!
When it comes to forward dividend income, we’ve made some excellent progress so far in 2015. We’ve added a number of solid dividend paying companies. Some of these companies have higher dividend yields to provide initial income, while some have lower dividend yields but very high dividend growth rates. Here are all the purchases that we’ve made so far in 2015
25 shares of TransCanada Corp (TRP.TO)
50 shares of Saputo (SAP.TO)
85 shares of Evertz Technologies (ET.TO)
70 shares of Telus (T.TO)
55 shares of Dream Office REIT (D.UN)
70 shares of H&R REIT (HR.UN)
24 shares of Bank of Nova Scotia (BNS.TO)
30 shares of Canadian Natural Resources (CNQ.TO)
54 shares of TD (TD.TO)
210 shares of Dream Global REIT (DRG.UN)
20 shares of Royal Dutch Sehll (RDS.B)
15 shares of Agrium Inc. (AGU.TO)
79 shares of Canadian Impreial Bank of Commere (CM.TO)
32 shares of Domtar Corp (UFS.TO)
57 shares of West Jet (WJA.TO)
74 shares of Inter Pipeline (ILP.TO)
All these purchases added $1,454.03 into our annual dividend income. While we’re very happy with these purchases, we would like to add more US or international stocks to diversify our exposure to Canadian economy. We’ll definitely need to work on this diversification goal a bit more for the rest of the year.
Anyway, without further ado, here’s a list of stocks that we received dividends in June 2015:
Pure Industrial REIT (AAR.UN)
Chorus Aviation (CHR.B)
Corus Entertainment (CJR.B)
Canadian National Railway (CNR.TO)
Dream Office REIT (D.UN)
Dream Global REIT (DRG.UN)
Energyplus Corp (ERF.TO)
Evertz Technologies (ET.TO)
H&R REIT (HR.UN)
Intac Financial (IFC.TO)
Johnson & Johnson (JNJ)
KEG Income Trust (KEG.UN)
Liquor Store (LIQ.TO)
MCAN Mortgage Corporation (MKP.TO)
RioCan REIT (REI.UN)
Royal Dutch Shell (RDS.B)
Waste Management (WM)
In June we received a total of $770.03 in dividend! Compared to June of 2014 that’s an increase of 41.7%! Considering in May we had the worst YOY growth at 10.2%, I was pleasantly surprised to see such high YOY growth in June. I’m very ecstatic to see such impressive YOY growth. Are we going to see 40+% YOY increase in 2016? I guess we’ll have to wait and see. 🙂 A 40% YOY growth would put us over $1,000 for June 2016. Needless to say, both Mrs. T and I would be very happy if we can get $1,000 or more in dividend income in June 2016.
Please note, when it comes to monthly dividend income, we do not differentiate US and Canadian currencies. To keep the math simple, we’re using a 1 to 1 currency rate when it comes to dividend income received in US currency.
I feel truly blessed to receive money from a total of 27 companies this month. If you see it from a different perspective, this is like receiving paycheques from 27 different jobs. Having diversified income streams is one of the things we must work on as we journey toward financial independence.
So far this year we’ve received a total of $4,746.89 in dividend income. That’s a pretty awesome amount of money for doing absolutely nothing!
How as your June dividend income? Did you receive dividend from the same companies as us?