Aug 2, 2015
Dividend Income - July 2015
Agrium (AGU.TO) - 5,46
Algonquin Power & Utilities (AQN.TO) - 5,20
Bank of Nova Scotia (BNS) - 4,74
Baxter International (BAX) - 10,40
Biomed Realty Trust (BMR) - 9,10
Chambers Street Properties (CSG) - 5,53
Cisco Systems (CSCO) - 5,25
Coca-Cola Co (KO) - 7,26
General Electric (GE) - 9,20
Main Street Capital (MAIN) - 4,91
Pengrowth Energy (PGH) - 2,32
Realty Income (O) - 5,32
Republic Services (RSG) - 6,16
Rogers Communications (RCI.B.TO) - 6,72
W.P.Carey (WPC) - 8,59
This means 70,5% increase from last years July. Now that's what I'm talking about! If in June the year-over-year increase was a bit lame; this time it was everything but lame. It doesn't make much sense to compare this month to April, since I received my Nordic annual dividends then. But if I look at the foreign dividends I received in April ($61,39) then there is 56,6% increase.
It looks like rather soon I will be able to beat that $100 mark even during slowest months. But I'm facing some headwinds in the short term. You see, BAX paid the biggest dividend check here, and as you probably know already, that dividend is coming tumbling down in October. Additionally I no longer have positions in CSG or PGH, two high yield monthly payers. That capital is allocated towards higher quality, but lower yield companies. So, like I said, some short term challenges here. October may come a little bit too soon to set the new base line @100.
I received my first dividends in CAD! To be exact from AGU and RCI.B. Even though AQN is Canadian and bought at Toronto Stock Exchange it pays in USD. I'm not making any currency conversions here, so that 96,16 is not exactly 96,16 in USD. But I'm not making conversions, because I don't want currency fluctuations to affect my results.
Total dividends from seven first months this year: $1955,59. There is 14,7% increase from last year's $1705,55. Nice. That $1955 surely looks good for months 1-7, but I must remind that my pace is slowing down towards the end of year. You see, my big annual dividends from Nordic companies arrive during first half of year. Anyways, five months left of this year. What would be tough but realistic goal for this year? I have been pondering this and decided to set the goal at $2600. I think this is rather tough considering the short term headwinds I just mentioned. It really requires deploying some fresh capital to work. And I have other big money hole coming soon, which is purchase of a new apartment. Oh my! But there is the goal and I will reach it, if in any way possible.
Dividend Income page has been updated to include July dividend. Thanks for reading!
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