Portfolio Value Update - June 2017

The month of June have passed and it's time for me to report my dividend investing progress. I'm pleased with my June report even though we experienced many volatile days on the TSX. Despite the ups and downs, mostly down days, my portfolio performed very well. I also received a record dividend income from my stocks.

Portfolio Value
As of June 30, 2017 my investment portfolio balance stood at $44,638.63. That’s an increase of $1,027.50 from last month. My balance increased due to new funding of $800 and dividends. I did not have any capital gains in June. But that's OK because we had more DOWN days than UP days. So I'm happy that I didn't end up being lower. I'm now on track to meet my 2017 goals which was to grow my portfolio value to 50K by the end of the year.


Dividend income is a passive income for which I don’t have to work for. I simply invest in different corporations and collect dividends for owning the stock. In June, I received a total of $233.57 in dividends vs $180.10 for the same period a year ago. That's an increase of $53 or 29% on year-over-year basis. My cumulative dividend income for the year is $1,239.33.

In June, I added $800 of fresh capital to my TFSA account. The maximum amount that I can contribute in 2017 is $5,500. Since I have contribution room from prior years, I will continue to add $800 per month until I reach my maximum contribution.

My Investment Account (TFSA)

My portfolio consists of 29 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.

In June, I purchased a new REIT. I love buying real estate assets without the headaches of being a landlord. So, the new REIT that I have invested in is Morguard (MRT.UN.TO) on the Toronto Stock exchange. I had enough capital to purchase 70 units at $14.80 per unit. This purchase should add a nice monthly income to my portfolio. The current dividend yield for MRT is around 6.6%, paid monthly.

About Morguard:

· Real Estate is valued at $15.9 billion.

· Diversified assets in retail, office, industrial, residential and hotel.

· Geographically located across seven provinces in Canada and seven states in the US.

How was your month? What was your dividend income? Feel free to comment below. Thank you!


  1. DIS -

    Nice work over there, huge growth from last June. Further, I think the market had quite a few big red days to end June, so opportunities may be peaking their head back up. Congratulations and looking forward to you crossing $50k! Stay hungry and consistent out there.


    1. Thanks, Lanny! I appreciate you stopping by and commenting on my blog. Hunger and consistency starts to pay off.

  2. Good job especially not being in the red. Mine is down from its highs but don't know if it's in the red. QOQ I'm in positive territory so I'm good in that. Keep up the good work

  3. Congrats on another great month. I looked at Morguard months ago but ultimately went with Algonquin Power as my weighting in Reits was already prety high....I think its a good buy!