Dividend Portfolio Value
By the end of September 30,
2015, my dividend portfolio balance was at 21,850.96, up by about $600 from
the previous month. Most dividend investors felt the September volatility, but
it shouldn't scare us away. As longs as we keep on buying good quality stocks,
we will be fine. I think October will be a better month as a buying season
kicks in. This month I picked up some cheap REITs and I'm getting really close
on betting fresh capital on oil stocks. I like the pipelines and oil streamers.
Oil prices will rally at some point. They can’t stay low for that long. I think
the price of oil will balance out close to $60 level.
My Investment Account (Tax Free Savings Account)
My TFSA consists of 21 Canadian
dividend paying stocks. Most of my stocks pay dividends on monthly basis. This
allows me to collect dividends and reinvest them into dividend paying stocks more
rapidly.
Dividends
In September, I received a
total of $135.70 in dividends vs $97.78
for the same period a year ago. That's an increase of $37.97 or 39% on
year-over-year basis. My total Year-to-Date dividend income for 2015 is $1,071.16.
My dividend goal for 2015 is to receive $1,400. All dividends are reinvested
back into dividend paying stocks.
Contributions
In September, I added $800 of fresh capital to my account. So far my
total contribution for 2015 reached $7,200. My priority is to maximize my TFSA
account each year. The current TFSA contribution limit is $10,000 per year.
Transactions
Bought 15 shares of Dream Office REIT at $20.50 per share.
Bought 30 shares of Cominar REIT at $16.30 per share.
I only did a few transactions in
September. I decided to add to my existing REITs positions. Since D.UN.TO and
CUF.UN.TO are really cheap now, I decided to take an opportunity and buy some
units while they are on sale. Since I'm a long term hold investor, I got all
the time for those units to rebound and go up.
