Dividend Portfolio Value
By the end of November 30, 2015, my
dividend portfolio balance was at 23,884.85, up by about $960 from the previous
month. The main increase in portfolio value is attributed to capital
contribution and dividends. Last month, I started to invest fresh capital into
energy stocks. I continued with the same strategy in November. I added some
shares of Freehold Royalties while they are very cheap.
Dividends
In November, I received a total
of $141.15 in dividends vs $110.32
for the same period a year ago. That's an increase of $30.83 or 28% on
year-over-year basis. My total Year-to-Date dividend income for 2015 is $1,365.84.
My dividend goal for 2015 is to receive $1,400. All dividends are reinvested
back into dividend paying stocks.
Contributions
In November, I added $800 of fresh capital to my account. So far my
total contribution for 2015 reached $8,800. My priority is to maximize my TFSA
account each year. The current TFSA contribution limit is $10,000 per year.
My Investment Account (Tax Free Savings Account)
My TFSA consists of 22 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.
Transactions
I bought 85 shares of FREEHOLD
ROYALTIES (FRU.TO) at $11.17 per share. I'm slowly putting money back to work into energy stocks. I'm investing in royalty names first, then I will add some pipelines and finally I will add some producers.
