April 2015 Dividends

Dividends

April was my first full month of investing in the stock market. I started buying shares in companies around Mid-march, and so some of the dividends I would have naturally received this month will be pushed over into May… so I will be seeing a nicer payout from dividends next month. Although, after receiving my first month of dividends I can see how this dividend growth investing strategy can really work out and earn a good deal of money which will consistently grow over time.

I could list a million things I’d love to spend my investment gains on, but will be disciplined in reinvesting all of it into my dividend machine to earn more and more as time goes on  and lead me to an early retirement.

Ticker Symbol Dividends Received
VUN 11.66
D.UN 8.4
HR.UN 4.95
TOTAL 25.01

So for my first month of investing I’ve received $25.01 in dividends. This does not include any capital appreciation ($250+ for this month) and I would not like to rely on capital gains due to their liquidity.

I had bought shares of Pengrowth Energy Corp (PGF), Dream Global REIT (DRG.UN), Pure Industrial REIT (AAR.UN) and Temple Hotels (TPH) pretty much on their ex-dividend dates rather than before in March so did not receive their dividends which would have amounted to roughly another $25, but will see them next month as these are monthly dividend payers. When I first started investing I fell in love with REITs and the thought of monthly dividend payments, but invested only in quarterly-paying dividend growth stocks this month, as I added shares of Bank of Nova Scotia (BNS), SNC Lavalin Group (SNC) and Telus (T).

Hopefully some good purchasing opportunities arise for the month of May, or I may hold off as I’m starting to wonder when a market correction is due with all the talk of rate hikes. Anyways, only time will tell here and I look forward to documenting more of my journey as I embark on it.

Thanks for reading everyone!

Dividend Beginner

A 22 year old Canadian dividend growth investor striving for early financial independence; building as many passive income streams as early as possible.
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    • Hi John,

      Thanks! Yeah, first month was a nice experience. I can’t wait to super charge my dividend machine, but I know it’s a slow, steady trek which will ultimately lead to a comfortable financial independence.
      I visited your blog and I like what I see! You had a really good month in March. I’ll be keeping up to date with you.

      Thanks for reading.

  • I’m sure this was very exciting for you as you received your first dividend income. Just watch that snowball grow over time and be amazed at where you will be in one year from now as you compare.

    • Hi DivHut,

      It was indeed incredibly exciting and rewarding. I’m very curious to see how I’ll fare after one year’s time; and I’m sure the number will be more than double what it is now!

      Thanks for reading & hope to see you around,
      Dividend Beginner

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My publishings on dividendbeginner.com references an opinion and is for information or entertainment purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. I am not responsible for any decisions you make concerning finances, taxes, or investments. You must perform your own research and always take caution when extending capital.