January 2018 Dividends

It just hit me that we’re into February now, which means that it’s time to post my monthly dividend summary! I just barely passed the $900 mark which seems a little low for me. I think it’s because I always get taxed on my distribution from HOT.UN, which means that my yield on that stock is not quite as high as it seems. I’ll give you the amount I received after taxes. Most likely I’ll sell that stock and put the money into a REIT that pays out in Canadian dollars. So here is the breakdown of the dividends I received in January 2018.


American Hotel REIT (HOT.UN)…..29.73
Artis REIT (AX.UN)…..34.29
Northview REIT (NVU.UN)…..23.36
Northwest Healthcare REIT (NWH.UN)…..56.74

Taxable Account:

Bank of Nova Scotia (BNS)…..33.97
CIBC (CM)…..120.90
TD Bank (TD)…..24.60

Algonquin Power (AQN)…..30.14
Altagas (ALA)…..56.03
Enbridge Income Fund (ENF)…..30.46
Inter Pipeline (IPL)…..43.55
Keyera (KEY)…..18.34
Northland Power (NPI)…..12.40
Pembina Pipeline (PPL)…..10.80
Transcanada Corp. (TRP)…..36.25

Crombie REIT (CRR.UN)…..19.21
Dream Global REIT (DRG.UN)……0.13
Pure Industrial REIT (AAR.UN)…..7.25
H&R REIT (HR.UN)…..38.41
Northwest Healthcare REIT (HR.UN)…..0.33
Riocan REIT (REI.UN)…..50.88
Slate REIT (SRT.UN)…..24.98

Bell (BCE)…..63.86
Telus (T)…..43.94

Extendicare (EXE)…..14.40

Rogers Sugar (RSI)…..79.65

TOTAL: $904.60

My projected annual dividend income for March 2018-February 2019 is $11,467.

6 thoughts on “January 2018 Dividends”

    1. Thanks! I’m a little disappointed that I just barely passed the $900 mark, but I’m looking forward to the end of the summer when I should finally start to see four figures!

    1. I tend to go back and forth between the two because I’m still trying to figure out which strategy works best for me. In general, I usually DRIP most of my stocks most of the time.

  1. Wow $900 in dividends, that’s fantastic! It’s amazing how it all adds up.

    My REI.UN has taken a beating (I think it’s down 10% from my purchase price) but that’s okay, it’s still pumping out dividends.

    1. I’ve been down at least 10% on REI.UN for quite some time. I’m not overly worried about it but if it ever goes up enough that I can break even, I’ll probably sell! I know the retail REITs aren’t very popular these days because more and more stores are going on-line.

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