June 2016 Dividends

This will probably be the smallest dividend month since I started dividend investing in 2010.  It will probably also be the shortest post about my dividends.  The main reason is the shifting of my accounts that I talked about in this post on Merrill Edge and its rewards program.

Some stocks did transfer so their income was not interrupted.  The grand total was a whopping $2.76!  I don't think that could even buy me lunch but I am still grateful for the income.  For these guys it was cash as I could not setup reinvestment yet.  I have now.  It will of course grow overtime as the dividends are reinvested and start the compounding machine.

Company
Held In
 Dividend
Amount Received
Shares of Life Purchased
June Notes
ORI
Tax
0.1875
0.75


MCD
Tax
0.89
0.89


CNRL
Tax
            0.23
1.12

 (Also known as CNQ)

In a future post I will be laying out my new portfolio for you all to see. For some reason I never put it out there to share and to get feedback from all of my readers.  Probably from fear that it didn't stack up against others awesome portfolios.  Well this time I will (just need to find time in between feedings and diaper changes.)


Until then happy investing all!

Regards,
Dividend Family Guy

Comments

  1. DivHutJuly 18, 2016 at 12:10 PM

    Thanks for sharing. Maybe you can't buy lunch but you could get a coffee drink at SBUX :) The reasons for your move make sense. Free trades is a big advantage when it comes to making regular small purchases. Look forward to seeing your portfolio too.

    ReplyDelete
    Replies
    1. Dividend Family GuyJuly 18, 2016 at 1:08 PM

      Your right DivHut and come to think of it I could get lunch from the dollar menu at one of my favorite companies MCD!
      Later,
      DFG

      Delete
  2. ADDJuly 18, 2016 at 8:09 PM

    Look forward to seeing next months report! Change is a good thing, especially the change you are making for smaller purchases.

    ReplyDelete
    Replies
    1. Dividend Family GuyJuly 23, 2016 at 9:52 AM

      Thanks ADD. I think cutting fees whenever possible without loss is an excellent option. The more you save the higher the rewards!
      Cheers,
      DFG

      Delete

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This webpage is provided for general information only and nothing contained in the material constitutes a recommendation for the purchase or sale of any security. If you have any questions please feel free to contact me at dividendfamilyguy at gmail dot com.