Dividend Income Update June 2019

Dear fellow investors,

June was the official start of real summer. It was finally regularly warm enough to get all the warm weather stuff I get to use for 2-3 months of the year.

Highlights of the month included: the Toronto Raptors’ first ever NBA title, something I still have a hard time believing given how many times they had to fight from behind; a trip to France that flew by very fast; and finally getting to use my new patio set.

dog jump

I sincerely appreciate the readers that stuck with me over the past few months despite a total lack of new content. Things will get better in terms of posting more regularly!

June was an amazing month for the Niche Fund with an income of $61.15. The fund continues to accelerate its growth. This just happened to be a result of a large batch of my ETFs paying out this month and a few of the larger stock holdings in the portfolio. Many of the dividends from stocks increased yoy as well.

The largest dividend came from IEFA, the iShares developed markets ETF (ex U.S./Canada). This month resulted in a respectable 16% increase yoy.

June 2019 Dividends
ENB: $2.21
ZFM: $0.39
XOM: $5.77
EMR: $4.41
JNJ: $2.85
IEFA: $15.89
IEMG: $5.69
VTI: $3.49
VUS: $2.17
LMT: $4.40
CNR: $2.69
MAW104: $0.31 (re-invested in MAW104)
CGX: $0.60
XIC: $9.74
XSH: $0.54

Total: $61.15

Most of the holdings in my Niche Fund pay quarterly dividends so some months will have more income reflected than others. My Dividend Income page has a calendar showing when I expect to receive dividends from each of my stock holdings.

If you’re new to investing but don’t know where to start, I recommend checking out Wealthsimple. This robo-advisor makes it extremely easy to get started with investing in ETFs. You’ll get solid diversification, automated purchases, no commission on trading and very low fees. In fact, I didn’t pay anything for my entire first year. The fees I pay now are far lower than any of the mutual funds I’ve ever owned, not to mention the large commission fees charged by banks for trading stocks and ETFs.

The featured image for this post is a shot of the Cathedral Notre-Dame de Paris.

Yours, until the consumer staples and consumer discretionary sectors pay me to hold some of their best stocks,

Dividend Niche

 

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