March 2017 Income Report

Hi everyone it’s the first week of April so that means it’s time for my favourite post. I hope you all had a terrific month and collected lots of dividends. March for me was fantastic I had the best month since becoming a dividend investor in terms of receiving dividends. For the first time ever I collected over $400.

My total for March was $424.96 last month compared to $249.31 in March 2016. I had 14 companies and 1 ETF pay me. My portfolio consists of two accounts the Tax Free Savings Account (TFSA) and Registered Retirement Savings Plan (RRSP). In my TFSA I received $177.03 which is a record a big reason why was a special dividend paid by ZCL Composites Inc. For my RRSP account I received $247.93.

TFSA

ZCL Composites Inc	$82.55
Inter Pipeline	$17.87
Boardwalk Real Estate Investment Trust	$17.63
The Keg Royalties Income Fund	$15.24
Artis Real Estate Investment Trust	$13.95
Boston Pizza Royalties Fund	$12.31
Chorus Aviation	$10.92
Corus Entertainment	$6.56

RRSP

Fortis	$64.40
Canadian Utilities	$55.41
Enbridge	$54.80
BMO US Dividend ETF	$29.50
Pizza Pizza Royalty Corp	$16.76
Power Corp of Canada	$12.06
Westjet	$7.00

Dividend Chart

Red is 2017 and Blue is 2016.

Buy/Sell
In March I made two purchases one purchase was for each account.

• March 7th I purchased 100 shares of Exco Technologies
• March 8th I purchased 273 shares of Chorus Aviation

Dividend Increases

I received two increases plus a special dividend in March.

• On March 8th ZCL Composites Inc announced a 50% increase to the quarterly dividend increasing it to $0.12 from $0.08.
• Also ZCL Composites announced a special dividend of $0.65
• On March 21st BMO announced a distribution increase for US BMO Dividend ETF. It now pays a monthly dividend of $0.07 instead of $0.06600.

So folks that is my report for the month of March I hope you enjoyed reading it. Please share I always appreciate that 🙂 I hope you all had a great month as well.

Thanks for reading

Matthew

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