Quick look at the September 2017 Dividend Update, which was good as you can imagine as many companies pay in September.
Monthly Dividend Update
Not much to report, no purchases or selling this month. We continue to DRIP as many shares as possible (no fees and some share price discounts!). These include the usual monthly dividend payers such as (and a few quarterly payers too such as RDS.A and UN):
- AAR.UN (REIT);
- CJR.B (Communication Services);
- CIX (Finance);
- DRG.UN (REIT);
- LIQ.UN (Consumer Staples);
- SJR.B (Communication Services);
- HR.UN (REIT); and,
- PLZ.UN (REIT).
All the dividend deposits received into the bank accounts (correct for exchange rates) sum up to a total dividend income of almost €842. This is an increase of about 46.3% compared to last year. This is mainly driven by having a position in ABN and way more RDS.A shares this year. So it’s not a very representative increase.
The graph below is showing the yearly dividend totals for 2015 and 2016, and a year-to-date dividend total for 2017. We are so close to matching last year’s dividend income!
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 12.198 shares and looks like this (up 2.301 shares from a year ago):
Big note here as I was not able to record all stock values around month end. The above is a snap shot with the majority of the share values as per close of business on October 16.
Dividend Sector Breakdown
When you breakdown the previously shown dividend stock overview by sector, it looks as follows:
How was your September dividend income, were you happy too?