Dividend Portfolio Value
As of January
31, 2015 my dividend portfolio balance is at $18,759.35, up
by about $700 from previous month. The main increase in portfolio value was
caused by the new contribution to my Tax-Free Savings Account. The net result
of stock fluctuations had a little effect on portfolio balance. The loss from
energy stocks was offset with gains from real estate stocks. In January alone,
my REITs have gone up in value from 10% to 12%. I think the decrease in
interest rates played a major role for REITs to go up.
Dividends
For the month of January, I received a total of $107.68 in dividends vs
$87.30 for the same period a year ago. That's an increase of $20.38 or 23% on
year-over-year basis. My total Year-to-Date dividend income for 2015 is
$107.68. For the past 4 months, my dividends were over $100 per month and I
hope that it will continue to go higher.
Dividend increases
CT Reit has increased their distribution by 2%, so my monthly income
from CT is up by 5 cents to $2.49 from $2.44. Insignificant amount but better
than nothing.
Contributions
During the month of January, I contributed $800 to my TFSA. My objective
for 2015 is to contribute $6,000. If I continue to put $800 per month, I will
reach my contribution objective by August 2015.
Transactions
Dream Office REIT (D.UN.TO)
I added 15 shares to my existing position at $26.88 per share. Dream
Office has a 8.25% dividend yield and this purchase will bring additional $2.80
per month in dividend income.
Regal Lifestyle Communities (RLC.TO)
I added 50 shares to my existing position at $8.95 per share. RLC has a
7.92% dividend yield and this purchase will bring additional $2.90 per month in
dividend income.
Milestones
On January
16, 2015 , my portfolio gained $466.55 - the best 1 day gain
ever. This amount is still shy from the worst 1 day loss which is $597.60.
