Dividend Income – February 2012

Dividend IncomeMy dividends are rolling in like clock work :). Even with my DRIP, my cash account is growing steadily and I will be able to make some purchases with the cash dividend this year. I expect to be investing a fair bit in the later part of the year – better get started on my research.

Dividend Income

My dividend income for February 2012 is $474.04. I am quite happy to see I am nearing the $500 per month. The only contribution I have done recently is $300 towards Telus and BMO in my Computershare account. If you did not know, CIBC Mellon no longer operates as a Transfer Agent and has sold their operations to CST (Canadian Stock Transfer). I have attempted to purchase $600 worth of Enbridge (through CST) and I am waiting for my cheque to go through and see how efficient they are. I am quite far being with my holdings with CST compared with Computershare.

dividend income - february 2012

DISCLOSURE: Please note that I may have a position in one or many of the holdings listed. For a complete list of my holdings, please see my Dividend Portfolio.

DISCLAIMER: Please note that this blog post represents my opinion and not an advice/recommendation. I am not a financial adviser, I am not qualified to give financial advice. Before you buy any stocks/funds consult with a qualified financial planner. Make your investment decisions at your own risk – see my full disclaimer for more details.

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