FFJ Portfolio – June 2017 Dividend Income Report

Given the recent events for which I have provided a high level overview in my Financial Plans Should Account for Potential Major Mental Health Issues post, I have totally neglected this website. Now that matters have improved slightly I will endeavor to resume regular posts. In this regard, I provide an overview of the dividend income generated in the FFJ Portfolio during the month of June 2017. While this portfolio only represents a small component of our overall holdings, I think it is sufficient to demonstrate that a passive dividend income portfolio is:

FFJ Portfolio – May 2017 Dividend Income Report

Time for a quick update on what transpired with the FFJ Portfolio during the month of May.

I have modified the report from the previously used format so as to provide more clarity about the holdings within the FFJ Portfolio with more clarity.

FFJ Portfolio May 31 2017

Continue reading “FFJ Portfolio – May 2017 Dividend Income Report”

FFJ Portfolio – April 2017 Dividend Income Report

Welcome to my April 2017 dividend income post. Within the FFJ Portfolio I generated dividends totalling CDN $1933.55 from BCE, SRU.UN and BNS and USD $445.78 (this is net of the 15% US withholding tax) from NKE, WMT, and CSCO.

As at the end of April 2017 I have generated YTD dividend income of CDN $3783.52 and USD $3328.02. Continue reading “FFJ Portfolio – April 2017 Dividend Income Report”

FFJ Portfolio Update – YTD Changes and Forthcoming Changes

Summary

  • This post addresses YTD changes and changes expected to occur within the next 4 – 6 weeks in the FFJ Portfolio.
  • We have been able to transfer shares to the FFJ Portfolio as a result of a recent review of our long-term cash flow requirements.
  • I anticipate a significant inflow of funds within the next 4 – 6 weeks and have compiled a list of potential investments.

Continue reading “FFJ Portfolio Update – YTD Changes and Forthcoming Changes”

FFJ Portfolio – March 2017 Dividend Income Report

The following is a report reflecting the monthly and YTD dividend income generated from investments held in the FFJ Portfolio.

FFJ Portfolio YTD Dividend Income as at end of March 2017
FFJ Portfolio YTD Dividend Income as at end of March 2017

I imagine March will be the last month in which we will receive a quarterly dividend from DH Corporation (TSX: DH). On March 13, 2017, DH issued a press release indicating it had entered into definitive agreement to be acquired by Vista Equity Partners. Vista will acquire all the outstanding shares of DH for $25.50/share in cash including the assumption of all debt obligations including the issued convertible debentures, for a total enterprise value of approximately $4.8B. The transaction price represents a premium of about 36% over DH’s closing share price on December 5, 2016, the last trading day before media reports surfaced suggesting the Company was exploring strategic alternatives.

Unfortunately my average cost on the 414 shares in the FFJ Portfolio is $30.84 so I am taking a haircut of about $2200. The silver lining, however, is that we hold 1256 DH shares in another account at an average cost of $18.892. This will result in a gain of about $8300.

Hope your investments aptly rewarded you in March!

FFJ Portfolio – February 2017 Dividend Income Report

The purpose of this short post is to provide an update of the dividend income generated in the FFJ Portfolio during the month of February 2017. The total dividend income received was pretty meager but fortunately the vast majority of our investments are not held in this portfolio.

We generated CDN $152.15 from Smart REIT and USD $598.64 (after the 15% withholding tax) from AT&T, Verizon, and Colgate.

Year-to-date dividend income amounts to CDN $1,355.23 and USD $1,019.31.

Dividend income should pick up nicely in March. We will be receiving roughly CDN $450 from CNR, DH, and SRU.UN and USD $1,830 from CVX, JNJ, MMM, and XOM.

I have forecast our YTD dividend income at the end of March 2017. We should reach roughly CDN $1,805 and USD $2,849 which puts us on pace to exceed our FY2017 dividend income target of CDN $7,000 and USD $11,000.