Dividend Income - 2015 Overview

Last year's dividend income came in at $3,725.21, a 76% increase over 2014's $2,112.21. Ever since we started investing in 2012, we have received $6,701.22 in dividends.

We would be on track to earn $4,639.52 in 2016 even without adding any more money to our investments, but big changes are coming this year so our actual dividend income may end up being a lot less. I will write about these changes in an upcoming post.

Dividend Income - December 2015

This month's dividend income came in at $366.40, a 105.5% increase over 2014's $178.30!

Recent Transactions - December 2015

We haven't contributed much money to our accounts lately because we were waiting for the new year to deposit $5500 into our TFSA's. That being said, we did add a bit to our existing positions; we were able to get 28 shares of Suncor (SU) for $1000 and 65 shares of CAE (CAE) for $1000.

These stocks, respectively, provide us with an additional $31.41 and $18.16 annually based on their most recent dividends. This brings our total dividend income up to $4639.05/year.

Dividend Income - November 2015

This month's dividend income came in at $331.59, a 45% increase over 2014's $228.60.

Recent Transactions - November 2015

I rarely sell stocks but this month I sold my entire position of Bird Construction (BDT) because their last dividend increase was almost 2 years ago. My total return, including stock appreciation and dividends, was 13%. This transaction reduces my annual dividend by $122.28.

With the proceeds of that sale I was able to add 99 shares to my existing position of Canadian Western Bank (CWB) for $2496.87.

I also started a new position in Cogeco Cable (CCA) with 45 shares for $3020.04.

These stock additions, respectively, provide me with an additional $87.12 and $70.20 annually based on their most recent dividends. This brings my total dividend income up to $4588.41/year.