July 2018 Dividend Update

Dividends, those little paychecks that companies send you just for owning their shares. Lovely isn’t it? Here is the update of all those little paychecks for July. Here is the July 2018 Dividend Update.

July 2018 Dividend Update

In an ongoing attempt to solidify our dividend portfolio and maintain only dividend growers and/or REIT’s that DRIP like crazy, we did some shuffling again. We bought companies we like and sold the ones we don’t.

The following stock(s) were reduced or disappeared from the portfolio:

  • 273 Shares of GLUSKIN SHEFF & ASSOC (payout ratio too high, not a dividend grower)
  • 373 shares of Corus Media (pending dividend cut)
  • 172 Shares of Evertz Technology (not a stable grower)
  • 55 Shares of Nutrien Ltd. (cleaning out shares in Mrs CF’s account, bought new in Mr. CF’s account)

With the proceeds (and cash) we made the following new purchases:

  • 20 shares of RBC
  • 70 shares of AGELLAN COMMERCIAL REIT
  • 51 shares of HIGH LINER FOODS INC
  • 30 shares of COGECO COMMUNICATIONS INC (new position)
  • 26 shares of Nutrien Ltd (to allow DRIP in Mr CF’s account)
  • 15 shares of CBIC
  • 10 shares of BMO
  • 12 shares of National Bank of Canada
  • 100 shares of DREAM GLB REIT
  • 40 shares of CDN APT PPTYS REIT
  • 75 shares of ALGONQUIN PWR&UTILITIES

Most of the number of shares were selected to keep the DRIPs going (saves investment fees in the long run, DRIPs are free).

Keen on some Canadian shares? Try this awesome list to see which companies might be of interest. Oh, don’t forget to check out the community updates at the Dividend Diplomats and Easy Dividend!

July Dividends

All the dividend deposits received into the bank accounts (and correct for exchange rates) sum up to a total dividend income of €563.90 for July.

Compared to last year we had an increase of 10.8%. If you purely look at the dividend increase in CAD (Canadian Dollars), we are up 14% compared to last year. 

The stats for last month:

July 2018 Dividend Update - Dividend Income
July 2018 Dividend Update – Dividend Income

The graph below is showing the yearly dividend totals for 2015, 2016, 2017 and the YTD for 2018. Despite selling many shares in 2017 (reinvested in Real Estate), we might actually beat 2016’s total this year! That’s still very good 🙂

July 2018 Dividend Update - Yearly Dividend
July 2018 Dividend Update – Yearly Dividend

Dividend Stock Overview

Our dividend portfolio now contains 35 companies with a total of 7.851 shares.

The portfolio looks like this:

July 2018 Dividend Update - Dividend Overview
July 2018 Dividend Update – Dividend Overview

Dividend Sector Breakdown

When you breakdown the previously shown dividend stock overview by sector, it looks as follows:

July 2018 Dividend Update - Sector Allocation
July 2018 Dividend Update – Sector Allocation

Compared to the previous update, we now no longer have any technology positions in our dividend portfolio.

 

How was your July on the dividend side of things?

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