Dividend Income Update August 2017

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Many of the big names of the S&P500 saw some healthy boosts due to strong earnings. Others were affected by some of the worst flooding in Texas history, primarily in the energy sector. It is up to each investor to do their own analysis and determine whether a stock purchase makes sense for them.

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August was a bit choppy for the main indices I follow – they wound up pretty flat after recovering from lows mid month: S&P500 +0.00%, NASDAQ +1.13%, TSX -0.07%.

August Dividends Received: 

RY $5.26
ZCS $0.15
ZFM $0.10
Total: $5.47

When compared to August 2016, my dividend income grew by +12.6%, from $4.86 to $5.87. That is pretty good given I didn’t add to my holdings and RBC increased its dividend.

Most of the holdings in my Niche Fund pay quarterly dividends so some months will have more income reflected than others. From now on, I’ll include dividends received from my ETF holdings in addition to my dividend stock holdings. This should provide a more interesting roundup each month, especially as the ETF holdings pay more consistently than some of my stocks.

My Dividend Income page has a calendar showing when I expect to receive dividends from each of my stock holdings.

The featured image for this post is a shot of the Rideau Canal in Ottawa. It is hard to believe people will be skating down this stretch in less than three months!

Thank you for checking out my blog. If you have a DGI blog I would be interested to hear from you so I can update my blogroll. I hope everyone is enjoying a nice summer and keep sharing your dividend growth posts. It is great to see the analysis and shout outs to fellow bloggers out there.

 

 

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