Passive Income Update – Sep 2013

Welcome to my September 2013 monthly passive income update. This is part of the series where I track my monthly dividends and other sources of passive income. Passive income for the month of September 2013 was $325.12 – another all time high, this time crossing the $300 mark! Woot!

passive income

 

My passive income YTD is $1,618.30.Passive income contributing entities:

Stocks:

  • Archer Daniels Midland (ADM)
  • Cineplex Inc (CGX)
  • CHS Inc (CHSCP)
  • Inter Pipeline Ltd (IPL)
  • Qualcomm (QCOM)
  • RionCan REIT (REI.UN)
  • Thomson Reuters (TRI)
  • The Southern Company (SO)
  • Wells Fargo & Co (WFC)
Options:

  • IAMGold (IMG) – I wrote a Oct 19 covered call on IMG and collected a premium

Funds:

  • 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)
  • Vanguard US Total Market Index ETF CAD Hedged (VUS)
  • Vanguard Total International Stock ETF (VXUS)
  • Consumer Staples Select Sector SPDR (XLP)
  • BMO Equal Weight Utilities Index ETF (ZUT)
  • A mutual fund yielding approximately 6%
Other:

  • Advertising revenue from this blog
  • MBNA Smartcash credit card cashback
Initiated position
I initiated a new position in Medtronic Inc (MDT). Medtronic manufactures and sells device-based medical therapies serving hospitals, physicians, clinicians and patients in approximately 140 countries. Medtronic is a component of the S&P 500 index and has a strong record of growing dividends year after year. Read about my post on Medtronic.
Added positions
I added to my positions in: Claymore S&P US Dividend Growers ETF (CUD), iShares Canadian Financial Monthly Income Fund (FIE.A) and two globally diversified mutual funds.
Closed position
My Sep 21 IMG $6.00 call option that I wrote in August expired out-of-the-money. By finishing out-of-the-money, I was able to keep the premium on the option contract without being called generating income in my portfolio.
My full list of holdings can be found here.
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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