Yeah, we are a crazy bunch here at Cheesy Finance, we switched the Dividend and Savings Rate posts! Let’s first look at the money received before we start looking at the money spent :-). After a record month in June, July was a bit quieter on the dividend income side. Please follow along for the July 2017 Dividend Update.
Monthly Dividend Update
No new share purchases this month, as we are keeping our powder try for some new real estate. But if no opportunity arise in the next couple of months, we will turn around and start to buy more dividend shares.
We also sold 4 shares of PSK, which we had received as part of a dividend payment by CNRL. We made a handsome 15% profit on these shares within about a year (including fees), so happy with that result. The money will be invested elsewhere once we hit about $1.000 in cash in the RRSP account.
Obviously we had tons of DRIP shares including the usual monthly dividend payers such as AAR.UN, CJR.B, DRG.UN, LIQ.UN, HR.UN, PLZ.UN, CIX and SJR.B. We also dripped a few others including UFS, RCI.B, AQN and TCL.A.
Life was good this month 🙂
Once we added up all the deposits received into the bank accounts (and correct for exchange rates), the total comes to about ~€490. That’s pretty good! It is also a 7.6% increase from a year ago. This is not very spectacular, but not bad either.
The graph below is showing the yearly dividend totals for 2015 and 2016, and a year-to-date dividend total for 2017. We are creeping up nicely towards the total for 2016.
The “Dutch” dividend income (AH, ABN, BOS, UNA and RDSA) are all after taxes (15%). The rest are held in RRSP’s and are not taxed (we will pay withholding tax when we withdraw from the account, but the dividends are not taxed themselves).
Dividend Stock Overview
Our dividend portfolio still contains 46 companies with a total of 11.815 shares and looks like this (up 1.771 shares from a year ago):
Dividend Sector Breakdown
When you breakdown the previously shown dividend stock overview by sector, it looks as follows:
How was your July? Was it slow and steady too?