UA-300188601-1 The Dividend Girl: I had received Premium Brands Holdings Corporation (PBH) and Yellow Pages Income Fund (YLO.UN) dividend

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Thursday, April 15, 2010

I had received Premium Brands Holdings Corporation (PBH) and Yellow Pages Income Fund (YLO.UN) dividend

Today, I had received 58.80$ from Premium Brands Holdings Corporation (PBH) and 28.88$ from Yellow Pages Income Fund (YLO.UN) in dividend income. I have received the money in cash in my broker account. Really soon, the cash will transform itself in stocks and units. I should receive 4 new Yellow Pages Income Fund and 4 new stocks of Premium Brands Holdings Corporation (PBH). I just love the DRIP system. We are talking here about just a few stocks and units, but that’s enough to make me happy.

And what about a new investment?

I didn’t apply online to a credit card increase at TD yet. I had been quite busy with my late blog domain address and other thing. I supposed to receive a return from the federal government. I should received around 130$ if I remember. I am in real need of a new pair of running shoes. Just when I promise myself that I will exercise more, my present shoes begin to hurt my feet… Always an excuse for sitting in front of my computer and just blog and write on HubPages!

The paycheck I received today bring my checking account to 1 265$. I make a deposit of 1 000$ on my TD credit line. With the money I have available on my credit line (1 092$), I am tempted to do another investment… I know, I should keep some money aside, but I just cannot help it, I really want to do something out of that money. 1 092$ is not that much of money. But there are still possibilities:

100 units of Claymore Gold Bullion ETF (CGL) at 10.49$ for a total of 1 049 $ + T D Waterhouse too high commission fee of 29$ = 1 078$

or

200 units of The Consumers’ Waterheater Income Fund (CWI.UN) at 5.27$ for a total of 1 054$ + once again, T D Waterhouse too high commission fee of 29$ = 1 083$

And not too forget, 200 new units of The Consumers’ Waterheater Income Fund (CWI.UN) in our investment portfolio will bring an extra: something call dividend!
0.65 cents per unit for 200 units of Consumers’ Waterheater Income Fund = 130$.

So guess what, we go for The Consumers’ Waterheater Income Fund (CWI.UN). Yeah!

And what about our dividend income? Wonder what it would look like now?

From our non registered investment portfolio:
Sprott Inc. (SII): 512 stocks x 0.16$ = 81.92$
Bank of Nova Scotia (BNS): 105 stocks x 1.96$ = 205.80$
Methanex Corporation (MX): 103 stocks x 0.62$ = 63.86$
Fortis (FTS): 105 stocks x 1.12$ = 117.60$
Pembina Pipeline Income Fund (PIF.UN): 413 units x 1.56$ = 644.28$
Just Energy Income Fund (JE.UN): 726 stocks x 1.44$ =
1 045.44 $
Yellow Pages Income Fund (YLO.UN): 433 units x 0.804$ = 348.13$
Bell Aliant Regional Communications Income Fund (BA.UN): 100 units x 2.904$ = 290.40$
Pengrowth Energy Trust (PGF.UN): 106 units x 0.84$ = 89.04$
Enbridge Income Fund (ENF.UN): 306 units x 1.152$ = 352.51$
Corby Distilleries (CDL.A): 100 stocks x 0.56$ = 56$
Davis + Henderson Income Fund (DHF.UN): 100 units x 1.836$ = 183.60$
Premium Brands Holdings Corporation (PBH): 200 stocks x
1.176$ = 235.20$
+ our new comer in our non registered investment portfolio:
The Consumers’ Waterheater Income Fund (CWI.UN): 200 units x 0.65$ = 130$
TOTAL: 3 843.78$

From our Tax-free savings account (TFSA) portfolio:
Consumers’ Waterheater Income Fund (CWI.UN): 200 units x 0.65$ = 130$
TOTAL: 130$

From our RSP portfolio:
EnCana Corporation (ECA): 100 stocks x 0.80$ = 80$
Emera Incorporated (EMA): 200 stocks x 1.132$ = 226.40$
TOTAL: 306.40$

3 843.78$ + 130$ + 306.40$ = 4 280.18$ + 100$ from DRIP = 4 380.18$

4 380.18$ / 12 months = 365.02$

365.02$ x 10 months (April-December 2010) = 3 650.20$

87 796.12$ + 3 650.20$ = 91 446.32$ + 9 000$ (1 000$ in savings per month for the next 9 months, May-December 2010 period, as we already contributed our 1 000$ for April)
= 100 446.32$

$$$
The plan is going to work! Maybe, maybe not, but the possibility is there. Right there.

2 comments:

Financial Cents said...

Good job Sunny...gotta love those dividends eh girl? Cheers!

Sunny said...

Hi Financial Cents, yes, I like dividend very much. I just cannot wait to reach the 5 000$ in dividend earnings. Very exciting.

 

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