Dividend Income Update – May 2013

Dividend Income Update – May 2013

Every month I track my dividend income from all my investments in order to track my Roadmap to Retirement. May 2013 has been a good month for my investment returns.

Total Dividend Income for May 2013: $128.48

Contributing stocks and ETFs are:

Stocks:

  • Cineplex
  • CPFL Energia
  • Inter Pipeline Fund
  • RioCan REIT
ETFs:
  • iShares 1-5 Yr Laddered Government Bond Fund (CLF)
  • Claymore S&P US Dividend Growers ETF (CUD)
  • iShares Canadian Financial Monthly Income Fund (FIE.A)
  • BMO Equal Weight Utilities Index ETF (ZUT)
  • A mutual fund yielding approx 6%
My full list of holdings can be found here.
Dividend Income

With this, my YTD Dividend income is at $679.11

New Positions

I have one new positions this month – CHS Inc (CHSCP). CHS Inc is a Fortune 100 business owned by US agricultural cooperatives, farmers, ranchers and thousands of preferred stock holders. This is a stable low-beta stock which pays a current yield of 6%.

Closed Positions

I closed all my positions from IID (ING International High Dividend Equity), a closed end fund, as I did not like the prospects and has been decreasing the distributions regularly over the last few years. A very high yield such as the one on IID at approximately 9.5% should be a warning sign to potential investors. I held this position for a long time and managed to get a decent return during the life of its existence in my portfolio.

Added Positions

I add to my monthly positions in: iShares 1-5 Yr Laddered Government Bond Fund(CLF), Claymore S&P US Dividend Growers ETF (CUD), iShares Canadian Financial Monthly Income Fund (FIE.A) and two globally diversified mutual funds.

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Disclaimer: The information provided here is for educational purposes only. All opinions here are my personal opinions and should not be taken as financial advice. I am not qualified to be a financial advisor. Always consult with your financial advisor before investing in any of the companies mentioned on this blog.

 

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