June was another month of steady growth for the dividend income despite no significant transactions, and I am hoping the growth can continue in the future despite the market turbulence.
June Dividend Income
I received dividend income from the following sources:
- RioCan REIT
- Crescent Point Energy
- Surge Energy
- Bird Construction
- ETF: iShares Canadian Dividend Aristocrats (CDZ)
- ETF: iShares Select Dividend Index Fund (XDV)
- Cineplex Inc.
- Johnson & Johnson
- Canoe EIT Income Fund
Total dividend income: $716.31
Note – some of the dividends received each month are in US currency which is converted at 1:1 for simplicity.
June wasn’t nearly as busy as other months for account activity – almost all of the increase was from buying more units of Canoe EIT Income Fund. Typically I use the income from the fund to reinvest and this month was no different. The other reason for the increase was from buying more shares of Johnson & Johnson in a previous month.
I am still keeping a close eye on Fortis Inc since selling it last month, I hope it continues to go down so that I can buy it back at/near what I owned it at previously.
Overall June was fairly boring as far as investments – which is what I have been aiming for – slow and steady wins the race 🙂
Conclusion: slow and steady growth for June with no significant transactions. I have my eye on a few companies, including Fortis, and will buy if they go low enough.
How was your investment income last month? What are you watching/buying?