June 2015 Dividends

The end of June marks another round of dividend income. It’s been one of my quieter months in investing as I’ve been focusing a bit more on some other points of my life.

My only new positions for June were 40 shares of Canadian Natural Resources (TSE: CNQ), as I though it’d be a good time to add some energy into my portfolio. I also doubled down on my position in Telus (TSE: T), holding 35 shares in my TFSA and 35 shares in a taxable account. As it turned out, a lot more of everything was on sale towards the end of the month with the Greek Crisis. However I bought my CNQ shares right before the ex-dividend date so I’ll be able to rack up some more healthy dividends for July, which will be a great month.

While this has been my best month even at a small $50, it truly adds up, and my portfolio will return about double this in July.

I’m still on the hunt for some great investments, and posted my Stock Watch List for July 2015 so that you all can see what I currently have a large interest in WCP as its looking really good now, and while not on the list I also have an interest in NWH.UN as it’s taken a huge beating this past year and now yields over 10%.

Without further adieu, you can find my dividend income for the past month:

June 2015 Dividend Income

Tax-Free Savings Account
SNC $6.25
PLZ.UN $5.42
D.UN $8.40
HR.UN $4.95
PGF $3.90
DRG.UN $6.67
AAR.UN $3.90
Non-Registered Taxable Account
G $3.96
ZWU $7.02
Total
$50.47

 

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Passive Income Paying Necessities

I did a good deal of number crunching in the past month and made up a complete financial plan for the rest of this year, however I’m currently unsure if I’ll share it as it contains a good deal of personal information. Regardless, my current necessities add up to $290, while I spend quite a bit more in “guilt-free spending”. Considering I received $50.47 in dividends this month, that means my passive income had paid off 17.40% of my necessities. Not too shabby and I’m looking forward to the compounding and exponential increases!

Total 2015 Dividend Income

In total yearly dividend income for 2015, I’ve now totaled $118.51 in dividend income. I can now say I’ve made over $100 in passive income! I’m sure there are billions of people who’ve never even tried. I’m now set to achieve my goal of $500 in passive dividend income for the year and have a 12-month forward dividend income of $769.68, which just blows my mind. 

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16 Replies to “June 2015 Dividends”

  1. Congrats on the dividend income, seeing some great growth monthly over month. I think both CNQ and T are excellent long term buys. We own both in our dividend portfolio. 🙂

  2. The trend in your dividend income looks good! Just keep in mind that dividends can easily be offset by capital gains losses. But seeing that we still have a few years in this bull market, I don’t think that will be a big problem any time soon.

  3. Awesome progress DB. You’re on your way to building tremendous amounts of wealth. You’re so young and You’re be well off before you know it. One day at a time. Thanks for sharing and I’m always glad to visit you my friend. Cheers.

  4. Congrats on a personal best and even bigger congrats for getting your forward dividend income up to almost $800. Just continue to stay focused and invest your savings and your dividends will continue to climb higher and higher. Keep up the good work!

    1. Thanks JC! The forward dividend income is really my favourite number to look at. “I can make all this without working?” It’s just crazy. Gonna hit $1000 before end of the year I hope!

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