Dividend Income – March 2015

Dividend IncomeThe first quarter of the year is now behind us. As usual, my dividend income continues to flow in. I continue to add to my holdings strategically to maintain the proper sector allocation.

Related: Sector Allocation Strategy

I will admit that I have yet to add to the oil sector. I am paying attention and carefully waiting to see what adjustments the different companies will be doing.

Dividend Income

My March 2015 dividend income is at $925.32. Not $1,000 yet but it’s getting close and only a few dividend increases have come through. I am expecting more in the next quarter. That’s also treating the US dollar as equivalent to the CDN dollar. I will not be tracking the equivalent in Canadian for every dividend earned. My overall total is converted in Canadian and that’s enough.

A large portion of my income this month is from my US paying holdings. I am not worried about having more US income than CDN income at this point. I got setup this way in that account to provide me with the ability to buy US holdings.

Dividend Income - March 2015

Most of us happen to have money in multiple accounts. Each accounts will usually have different tax advantages and lead us to make specific investment decisions. Diversification is important and each account’s tax advantage will play a role. Make sure you understand the tax advantages and hold the right investments in the proper accounts.

Personally, I am trying to have each of my holdings to around $10,000 and strategically add to each of those holdings based on which sector is behind and the company score from my list.

So far my portfolio has the current yields:

  • Market Value Yield: 3.58%
    • This is the value of my investment
  • Invested Value Yield: 4.65%
    • This is based on the price I paid for the investments
  • Capital Invested Yield: 5.28%
    • This is simply the capital I add to the accounts

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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