Thursday, 31 July 2014
July 2014 Dividend and Monthly Report Update
Another month has passed by and things are on track chugging along. I did some tweaking of my portfolio to get my allocation more inline with where I wanted to be at. Made a couple buys and sells which I will detail in the future.
Here is my Dividends totals for July
2014 Running Dividend Total - $2,379.49
*July - $1,239.74 Forward annual dividends $15,169
*June - $608.62
*May - $531.13
July 2014 Dividends Paid
58.75 - REI.UN RioCan Reit
22.50 - HR.UN H&R Reit
141.00 - TD Toronto Dominion
33.97 - DOW Dow Chemical
64.00 - BNS Bank of Nova Scotia
18.33 - SJR Shaw Communications
80.00 - CM Cibc
40.77 - GE General Electric
31.77 - AGU Agrium
135.85 - BCE BCE Inc.
28.00 - D.UN Dream Office Reit
22.92 - ENF Enbridge Income Fund
22.50 - AX.UN Artis Reit
46.00 - CPG Crescent Point Energy
59.98 - PM Philip Morris
32.27 - BAX Baxter
95.00 - BA Bell Aliant
93.75 - CHL China Mobile
43.14 - KMB Kimberly Clark
50.33 - RCI.B Rogers Communications
76.00 - T Telus Corp
22.50 - CNQ Canadian Nat Resources
32.10 - KO Coca Cola
$1,239.74 - TOTAL
July Notes -
- COP Conocophillips increases annual dividend by 5.8% from $2.76 to $2.92
- KMI Kinder Morgan increases annual dividend 3.3% from $1.68 to $1.72
- DD DuPont increases annual dividend 4.4% from $1.80 to $1.88
- BMO Bank of Montreal increases annual dividend 2.6% from $3.04 to $3.12
- CM CIBC increases annual dividend 2.0% from $3.92 to $4.00
I am happy I reached over $1,000 in dividend income as my portfolio is close to full efficiency as I only missed a couple ex-dividend dates . Also quite happy I have had 5 dividend increases this month and I am eager for more!
Thinking of building this style of home
Real Estate News
So I have been quite busy with looking at various real estate deals. First off I am thinking of building a new home. I would more than likely take out a mortgage or home equity line of credit on my current home to do so and then once house is complete I would fix up my home a lil bit and sell it. If I can get this all done within 1.5 years I estimate I will add about 150-200k to my net worth and more importantly adding to my cash generating investments. However it is a huge task and the stars have to align a little bit to do so. So far looking for lots have been very scarce as the area I am looking in is very hot for tear down homes driving up crappy home value.
Also have been looking at rental income properties. My buddy has one for sale which I am going to get inspected and appraised. I am also looking at various triplex and 4plex properties around my city looking for something with good revenue and something I can manage on my own.
I can probably only make one big move so whatever the best deal comes up I will decide then.
Last month I closed out 1 Apple call and looks like my August $103 call will expire worthless. I think I am going to take a break for options right now as I am wanting to see how far Apple can really run with their new products coming.
Boy did the market take a beating last day of July. My portfolio plunged 1.5% in one day. Ouchy!
Oh well. That how she goes!
I haven't been as active as I like blogging as I have been out and about quite a bit scouring new opportunities.
I have been trying to figure out my parents finances which are in a state of concern. They have many assets but no will or trust set up. I have been trying to convince them to get at least a will done asap but its very tough to get them to agree on anything. Its been very frustrating to me and its quite concerning. On top of huge family drama issues with extended family overall it has been a very stressful month. I just gotta keep my head down, stay focused , do one task at a time and grind away.
On a funny note for fun I met with the banks mortgage specialist ( I usually use a independent mortgage brokers). So I wanted to see what kind of rates they could get me for various loan options, equity line of credit, traditional mortgage and builders mortgage. Man what a joke! The guys was offering me no break over posted rates and then he finally said he couldn't give me a loan anyway because I had no 9-5 job lol. WOW! In my many years I have taken loans out in the past easily with no so called salary job. Investors with great capital, great credit scores with no salary income in Canada can skip going to the bank! When I am ready to make the plunge for a loan I will go to some private mortgage guys that get the deals done and at lower rates than the bank.
So how was your guys dividend income this month?
How big was your portfolio drop on July 31?
Good Day and Grind On!