May was a moderately good month in terms of dividend (but with so little history, it really is hard to tell). We kept adding shares with the available cash, but we are running out of the original cash available from the account switch. Each month the Dividend is a bit of a surprise due to the ex-dividend dates of the new shares (and existing shares if we bought extra) that we don’t always keep track of carefully.
Here is an overview of our dividend stocks (we currently have
40 42 different stocks):
If you group the above dividend stocks by sector, the distribution of our portfolio is as follows (based on market value at close of markets on May 31, 2016):
Purchases of the month of May include AAR.UN, GS, CIX, EMA, TCL.A and BCE. Shares were bought as new positions and averaging down on existing ones or buy extra shares to keep the DRIP’s optimal (i.e. buy as many shares as possible per dividend payment).
We also sold MRD (Melcor Developments), a real estate company focussing on building construction. It had lowered dividend payments and was not a good fit with the portfolio.