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This is my last post under name "Dividend Lord". But, you are not getting rid of me just yet, haha! For a long time now I have been thinking about changing my "identity" a bit. And now I have published a new blog: http://dividendsnail.blogspot.com/ So, you are very much welcome to visit there. I just published my portfolio review for quarter 1 / 2018. So, Dividend Snail steps in, while Dividend Lord warmly thanks all readers and says: over and out.
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Happy New Year 2018! The year 2017 is now officially over and out, but let's take a look back how it actually went. Every year the last month is traditionally a big one for many dividend investors, and I'm no exception. In December 2016 I was able to collect $195.48. Once again, trying to improve from there. Since then I have closed out position in one company, Norfolk Southern Corp (NSC). No new positions compared to last December, but I have increased share count almost at every company. In total 17 companies paid dividend to me this month. Here is the comparison table of December 2016 and 2017 dividends:


CompanySymbolDecember 2016December 2017
3M CompanyMMM8,8811,75
Amgen IncAMGN9,0013,80
Archer-Daniels Midland CoADM12,0016,64
Canadian UtilitiesCU.TO5,2011,09
Coca-Cola CoKO10,5111,84
Emerson Electric CoEMR9,6010,19
Enbridge IncENB.TO10,6014,63
Eversource EnergyES10,2412,82
Gilead Sciences IncGILD6,589,36
Johnson & JohnsonJNJ17,6020,16
Lockheed Martin CorpLMT14,5616,00
Main Street Capital CorpMAIN13,8014,88
Old Republic InternationalORI11,2513,31
Pinnacle West CapitalPNW11,7913,20
Realty Income CorpO 7,078,27
Target CorpTGT15,0016,74
Unilever N.V.UNA.AS14,7223,66
Norfolk Southern CorpNSC7,080
TOTAL
$195,48$238,34

All right, so the total this December was $238.34. This means 21,9% increase year-over-year. Generally speaking I would like to see at least 20% growth every month, so I landed nicely above that mark. Excluding Aprils, this was a record month and another $200 crossing which is great.

Great progress with CU.TO and UNA.AS thanks to dividend raises and additional shares bought. Otherwise the growth was rather smooth throughout the portfolio. JNJ and UNA.AS were the biggest payers. I'm not worried about them though. They are such solid dividend companies that I intend to continue buying more in 2018. Here are my dividends in a graph:

Total dividends during months 1-12 this year: $3,284.70 This is 15,3% increase from last year. My goal for this year: $3,300. This means that I missed my goal by 15 dollars and 30 cents. Hah, damn it was close! Once again my Nordic investments were dragging me down. I got less dividends from them than I did in 2016, when the direction should be the opposite. My last new position in 2017 was Hormel Foods Corp (HRL). Instead of HRL I could have opened position in some crazy high-yield BDC, and would have reached the goal easily. But that's not the way to do it. Can't sacrifice quality just to reach a short-term goal. So, it's a miss, but chasing that goal was interesting and fun, and I guess that's most important.

Recent Buys in mid-late December. I bought more shares of General Mills Inc (GIS), Hormel Foods Corp (HRL), Medtronic plc (MDT), The Procter & Gamble Co (PG) and AT&T (T). My Portfolio page has been updated accordingly.

OK, so here are the final columns from last four years. Pretty smooth ride. Good to see that I was able to accelerate a little bit 2016-->2017 compared to 2015-->2016. All these companies, except KO, should pay again in March 2018. Before next ex-dividend date I'm currently looking to buy additional shares at MMM, ADM, CU.TO and UNA.AS.

Please note that I don't make any currency conversions here. I report dividends as they appear in their own currency. This time CU.TO and ENB.TO were paid in CAD, UNA.AS in EUR, and the rest in USD. Additionally all numbers are before taxes. This prevents currency fluctuations and tax hassles from affecting my progress.

Thanks for reading. Dividend Income page has been updated to include December dividends.

Disclosure: Long MMM, AMGN, ADM, CU.TO, KO, EMR, ENB.TO, ES, GILD, JNJ, LMT, MAIN, ORI, PNW, O, TGT, UNA.AS, GIS, HRL, MDT, PG, T
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Here are my trades from the first half of December. I added to my existing positions at Algonquin Power & Utilities Corp (AQN.TO), The Bank of Nova Scotia (BNS.TO), Eversource Energy (ES), W.P. Carey Inc (WPC) and Xcel Energy (XEL). I would like to also mention that I have taken the first steps into the world of Cryptocurrencies! And here are the details...


Buy in CAD - Algonquin Power & Utilities Corp (AQN.TO)
Trade Price: 13.99
Shares: 5
Commission: 1.00
Total: 70.95
Sector: Utilities - Electric/Gas/Water
Yield: 4,3%
Payout Ratio: 123%
Dividend Increase Streak Years: 6
Annualized Dividend Growth 3-yr: 7,6%
P/E: 28,6
S&P Credit Rating: BBB

Buy in CAD - The Bank of Nova Scotia (BNS.TO)
Trade Price: 81.70
Shares: 1
Commission: 1.00
Total: 82.70
Sector: Financial - Banking
Yield: 3,9%
Payout Ratio: 63%
Dividend Increase Streak Years: 6
Annualized Dividend Growth 3-yr: 4,1%
P/E: 16,2
S&P Credit Rating: A+

Buy in USD - Eversource Energy (ES)
Trade Price: 65.40
Shares: 2
Commission: 0.35
Total: 131.15
Sector: Utilities - Electric/Gas/Water
Yield: 2,9%
Payout Ratio: 62%
Dividend Increase Streak Years: 19
Annualized Dividend Growth 3-yr: 6,6%
P/E: 21,2
S&P Credit Rating: A+

Buy in USD - W.P. Carey Inc (WPC)
Trade Price: 69.70
Shares: 1
Commission: 0.35
Total: 70.05
Sector: REIT - Property Management
Yield: 5,8%
Payout Ratio: 76% (of AFFO)
Dividend Increase Streak Years: 20
Annualized Dividend Growth 3-yr: 7,4%
P/AFFO: 13,2
S&P Credit Rating: BBB

Buy in USD - Xcel Energy Inc (XEL)
Trade Price: 50.80
Shares: 2
Commission: 0.35
Total: 101.95
Sector: Utilities - Electric/Gas
Yield: 2,8%
Payout Ratio: 62%
Dividend Increase Streak Years: 14
Annualized Dividend Growth 3-yr: 6,8%
P/E: 21,8
S&P Credit Rating: A-

All right, a lot of activity in the Utilities space. But something totally different too. Like I said, I have entered the world of cryptos. I didn't buy actual currencies, but ETNs (exchange traded notes). I found this most convenient way since I was able to use my existing broker, and I'm able to use tax deductions in case cryptos hit the fan, so to speak. So I invested a few hundred euros in Bitcoin Tracker EUR XBT Provider and Ether Tracker EUR XBT Provider. These are of course speculative high-risk investments. Something I don't usually do, but made an exception this time. I'm mentally prepared to lose all capital invested in these products.

My main focus remains on dividend growth stocks. So, once again it was a pleasure to buy more of these great income producers. Eversource seems to be upgraded by Standard & Poors. Now with A+ rating it's one of the best in the industry, if not the best. I don't know other Utility with that high rating. ES just completed their acquisition of Aquarion Water Co. making them officially a Water Utility too. I'm quite excited about this development. WPC just continues to be amazing dividend producer. On top of the high yield they just gave another small pay raise.

Thanks for reading. My Portfolio page has been updated to reflect these trades.
Disclosure: Long AQN.TO, BNS.TO, ES, WPC, XEL, Bitcoin XBTE, Ethereum XBTE
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So, the very last month of the year is already underway. Amazing, but now it's time to see how second to last month went. First, traditionally, I take a look one year back. In November 2016 I was able to collect $136.67. Once again, trying to improve from there. Since then only one company, Deere & Co (DE), has left my portfolio. On the other side Hormel Foods Corp (HRL) and Welltower Inc (HCN) have entered as new payers. In total 13 companies paid dividend to me this month. Here is the comparison table of November 2016 and 2017 dividends:


CompanySymbolNovember 2016November 2017
Abbott LaboratoriesABT14,5615,37
AT&T IncT17,2818,62
CVS Health CorpCVS3,4011,00
Emera IncEMA.TO8,8819,21
General Mills IncGIS11,0415,19
Hormel Foods CorpHRL05,44
Main Street Capital CorpMAIN5,556,08
Omega Healthcare InvestorsOHI22,5724,05
ONEOK IncOKE11,0714,91
Procter & Gamble CoPG12,0515,86
Realty Income CorpO6,478,27
Royal Bank of CanadaRY.TO16,6018,20
Welltower IncHCN013,92
Deere & Co DE7,200
TOTAL
$136,67$186,12

All right, so the total this November was $186.12. This means 36,2% increase year-over-year. Generally speaking I would like to see at least 20% growth every month, so this was a very good result. Nice to notice that I'm not very far from $200 milestone in the mid-quarter months.

Great progress with CVS and EMA.TO thanks to dividend raises and additional shares bought. And of course HRL and HCN as new payers compared to last year. OHI was the biggest payer and its share of the total is a bit elevated. Additionally its risk level has been on the rise lately. Therefore I don't intend to buy more in near future. Here are my dividends in a graph:
Total dividends during months 1-11 this year: $3,046.36 This is 14,8% increase from last year. My goal for this year: $3,300. This would be approximately 16% increase to 2016's income.This means that I should collect $253,64 during December to pass that goal. Damn, it looks like I'm going to miss. But it has been interesting and fun chasing that goal, and I believe I'm at higher level now than I would be without it.

Recent Buys in mid-late November. I bought more shares of Gilead Sciences Inc (GILD), Kimberly-Clark Corporation (KMB), Old Republic International Corporation (ORI) and PPL Corporation (PPL). My Portfolio page has been updated accordingly.

It's a good feeling to crack $3,000 for the first time in yearly totals. Looks like I'm moving in right direction. All these companies should pay again in February 2018. Before next ex-dividend date I'm currently looking to buy additional shares at CVS, HRL and HCN. But few others are under consideration too, like GIS, PG and RY.TO when I try to boost February income.

Please note that I don't make any currency conversions here. I report dividends as they appear in their own currency. This time EMA.TO and RY.TO were paid in CAD, and the rest in USD. Additionally all numbers are before taxes. This prevents currency fluctuations and tax hassles from affecting my progress.

Thanks for reading. Dividend Income page has been updated to include November dividends.

Disclosure: Long ABT, T, CVS, EMA.TO, GIS, HRL, MAIN, OHI, OKE, PG, O, RY.TO, HCN, GILD, KMB, ORI, PPL
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All right, here we are again, another month in the books. Let's see how I did during the first month of the last quarter. But first, let's take a look one year back. In October 2016 I was able to collect $223.98. Once again, trying to improve from there. All companies paying in Oct 2016 were still paying in 2017, plus Kimberly-Clark Corporation (KMB) as a new payer. So, very little changes during the year which is good. Well, changes have been made after October dividends, but they will be visible only in January report. In total 16 companies paid dividend to me this month. Here is the comparison table of October 2016 and 2017 dividends:


CompanySymbolOctober 2016October 2017
Agrium IncAGU.TO12,6213,11
Algonquin Power & UtilitiesAQN.TO11,6516,90
Bank of Nova ScotiaBNS.TO14,8018,16
Baxter International IncBAX2,603,20
Cisco Systems IncCSCO11,7114,79
Coca-Cola Company (The)KO9,4511,84
General Electric CoGE9,2010,08
Kimberly-Clark CorpKMB011,64
Main Street Capital CorpMAIN5,555,70
Medtronic plcMDT3,446,90
Realty Income CorpO6,477,85
Republic Services IncRSG7,688,28
Rogers Communications IncRCI.B.TO9,609,60
Telia CompanyTELIA196,9564,70
W.P. Carey IncWPC14,7818,09
Xcel Energy IncXEL7,4812,96
TOTAL
$223,98$233,80

All right, so the total this October was $233.80. This means 4,4% increase year-over-year. Generally speaking I would like to see at least 20% growth every month, so what went wrong? There is a clear answer. It's one of my Nordic investments, Telia Company, which pays semi-annual dividend in April and October. Dividend sum from them came down to 65€ from last year's 97€. Without Telia my growth rate would have been excellent 33,1%.

Good progress with AQN.TO and XEL thanks to dividend raises and additional shares bought. And of course KMB as a new payer compared to last year.  Excluding Telia, BNS.TO and WPC were the biggest payers. Here are my dividends in a graph:

Total dividends during months 1-10 this year: $2,860.24 This is 13,7% increase from last year. My goal for this year: $3,300. This would be approximately 16% increase to 2016's income. So, this month didn't really help to reach that goal, but I'm very close anyways. It's till impossible to say whether or not I will pass, but right now it looks like I will miss slightly.

I stormed past 2016's dividend total in October which feels great. Now November and December income will be all on top of that. In January KO and TELIA1 won't be paying because of payment schedule. AGU.TO and GE won't be paying because I closed out my position in these companies. But one totally new payer, for me, will step in. Additionally, I have already increased my position at KMB, and looking for more shares at AQN.TO and MDT at least.

Please note that I don't make any currency conversions here. I report dividends as they appear in their own currency. This time AGU.TO, BNS.TO and RCI.B.TO were paid in CAD, TELIA1 in EUR, and the rest in USD. Additionally all numbers are before taxes. This prevents currency fluctuations and tax hassles from affecting my progress.

Thanks for reading. Dividend Income page has been updated to include October dividends.

Disclosure: Long AQN.TO, BNS.TO, BAX, CSCO, KO, KMB, MAIN, MDT, O, RSG, RCI.B.TO, TELIA1, WPC, XEL
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As you probably know there has been a lot of talk about General Electric (GE) possibly cutting its dividend soon. So, I have been pondering what to do with my shares. On Monday this week I closed out my position in the company. I returned the capital back to markets by increasing my position at Amgen Inc (AMGN), Hormel Foods Corporation (HRL), Kimberly-Clark Corporation (KMB) and PPL Corporation. And here are the details...


Buy in USD - Amgen Inc (AMGN)
Trade Price: 171.70
Shares: 1
Commission: 0.35
Total: 172.05
Sector: Healthcare - Biotechnology
Yield: 2,7%
Payout Ratio: 42%
Dividend Increase Streak Years: 7
Annualized Dividend Growth 3-yr: 28,6%
P/E: 15,5
S&P Credit Rating: A

Buy in USD - Hormel Foods Corporation (HRL)
Trade Price: 30.95
Shares: 3
Commission: 0.35
Total: 93.20
Sector: Consumers - Meat Products
Yield: 2,2%
Payout Ratio: 42%
Dividend Increase Streak Years: 51
Annualized Dividend Growth 3-yr: 19,5%
P/E: 19,1
S&P Credit Rating: A

Buy in USD - Kimberly-Clark Corporation (KMB)
Trade Price: 110.20
Shares: 2
Commission: 0.35
Total: 220.75
Sector: Consumers - Personal Products
Yield: 3,5%
Payout Ratio: 64%
Dividend Increase Streak Years: 45
Annualized Dividend Growth 3-yr: 6,2%
P/E: 18,2
S&P Credit Rating: A

Buy in USD - PPL Corporation  (PPL)
Trade Price: 36.65
Shares: 11
Commission: 0.32
Total: 403.49
Sector: Utilities - Electric/Gas
Yield: 4,3%
Payout Ratio: 66%
Dividend Increase Streak Years: 16
Annualized Dividend Growth 3-yr: 4,3%
P/E: 15,4
S&P Credit Rating: A-

Sale in USD - General Electric (GE)
Trade Price: 20.50
Shares: -42
Commission: 0.43
Total: 860.57
Sector: Industrial - Diversified Machinery
Yield: 4,7%
Payout Ratio: 119%
Dividend Increase Streak Years: 1
Annualized Dividend Growth 3-yr: 0%
P/E: 25,3
S&P Credit Rating: AA-

So, it's goodbye to GE, at least for now. Was the decision right or wrong, remains to be seen. But I didn't feel comfortable with owning the company any more. It was my only holding whose next dividend move would be more likely a cut than an increase. I had to sell GE at loss, that's for sure. But I can't deduct that loss in taxation, so no harm done.

Selling GE left a "dividend hole" in the months of Jan/Apr/Jul/Oct. With KMB and PPL purchases I started patching up that hole. I decided to buy AMGN and HRL too, because I expect them to declare dividend raise during the rest of the year and their price looked quite attractive. 

Thanks for reading. My Portfolio page has been updated to reflect these trades.
Disclosure: Long AMGN, HRL, KMB, PPL
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Let's see what I have been buying in late October and in the beginning of November. Well, there is a newcomer in my portfolio: PPL Corporation (PPL). Couple weeks ago I closed my position at Agrium inc (AGU.TO), and now PPL kind of fills the gap with Jan/Apr/Jul/Oct payment schedule. Other purchases add to my existing positions at Archer-Daniels-Midland Co. (ADM), Canadian Utilities Ltd. (CU.TO), Emera Inc. (EMA.TO), Enbridge Inc. (ENB.TO) and Johnson & Johnson (JNJ). And here are the details...


Buy in USD - Archer Daniels Midland Co. (ADM)
Trade Price: 42.90
Shares: 3
Commission: 0.35
Total: 129.05
Sector: Consumers - Farm Products
Yield: 3,0%
Payout Ratio: 54%
Dividend Increase Streak Years: 42
Annualized Dividend Growth 3-yr: 16,4%
P/E: 18,1
S&P Credit Rating: A

Buy in CAD - Canadian Utilities Ltd. (CU.TO)
Trade Price: 38.80
Shares: 5
Commission: 1.01
Total: 195.01
Sector: Utilities - Electric/Gas
Yield: 3,7%
Payout Ratio: 67%
Dividend Increase Streak Years: 45
Annualized Dividend Growth 3-yr: 10,3%
P/E: 18,1
S&P Credit Rating: A-

Buy in CAD - Emera Incorporated (EMA.TO)
Trade Price: 48.90
Shares: 2
Commission: 1.00
Total: 98.80
Sector: Utilities - Electric/Gas
Yield: 4,6%
Payout Ratio: 118%
Dividend Increase Streak Years: 10
Annualized Dividend Growth 3-yr: 12,2%
P/E: 25,6
S&P Credit Rating: BBB+

Buy in CAD - Enbridge Inc (ENB.TO)
Trade Price: 49.58
Shares: 2
Commission: 1.01
Total: 100.17
Sector: Energy - Oil & Gas Pipelines
Yield: 4,9%
Payout Ratio: 157%
Dividend Increase Streak Years: 21
Annualized Dividend Growth 3-yr: 18,9%
P/E: 32,0
S&P Credit Rating: BBB+

Buy in USD - Johnson & Johnson (JNJ)
Trade Price: 139.50
Shares: 1
Commission: 0.35
Total: 139.85
Sector: Healthcare - Drugs/Consumer Products
Yield: 2,4%
Payout Ratio: 58%
Dividend Increase Streak Years: 55
Annualized Dividend Growth 3-yr: 6,7%
P/E: 24,2
S&P Credit Rating: AAA

Buy in USD - PPL Corporation  (PPL)
Trade Price: 36.90
Shares: 25
Commission: 0.32
Total: 922.82
Sector: Utilities - Electric/Gas
Yield: 4,3%
Payout Ratio: 66%
Dividend Increase Streak Years: 16
Annualized Dividend Growth 3-yr: 3,5%
P/E: 15,4
S&P Credit Rating: A-

There! PPL became my seventh investment in the Utilities sector. Speaking about sectors, it seems clearer every day that Consumers, Healthcare and Utilities are my three heavy haulers. No coincidence here. When looking for stability, I think these sectors have the best selection. I hope that PPL will be another very 'boring' addition to my portfolio.

I grabbed EMA.TO shares before ex-dividend date, so that buy will help my November total. ADM, CU, ENB.TO and JNJ purchases will hopefully lead to great December results. For the first PPL payment I must wait till Jan 2018. I guess we all are waiting for a decent dip at JNJ, but it seems to be delayed time after time. So, I lost my nerves and took one more share at these prices hah!

Thanks for reading. My Portfolio page has been updated to reflect these trades.
Disclosure: Long ADM, CU.TO, EMA.TO, ENB.TO, JNJ, PPL
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Looks like I have quite a few purchases to report from last week. I added to my existing positions in CVS Health Corporation (CVS), Hormel Foods Corporation (HRL), Main Street Capital (MAIN), Realty Income Corporation (O), The Procter & Gamble Company (PG), Pinnacle West Capital Corporation (PNW) and Unilever NV (UNA.AS). And here are the details...


Buy in USD - CVS Health Corporation (CVS)
Trade Price: 72.60
Shares: 1
Commission: 0.35
Total: 72.95
Sector: Healthcare - Retail/Pharmacy
Yield: 2,8%
Payout Ratio: 40%
Dividend Increase Streak Years: 14
Annualized Dividend Growth 3-yr: 23,6%
P/E: 14,5
S&P Credit Rating: BBB+

Buy in USD - Hormel Foods Corporation (HRL)
Trade Price: 31.54
Shares: 9
Commission: 0.34
Total: 284.20
Sector: Consumers - Meat Products
Yield: 2,2%
Payout Ratio: 42%
Dividend Increase Streak Years: 51
Annualized Dividend Growth 3-yr: 19,5%
P/E: 19,5
S&P Credit Rating: A

Buy in USD - Main Street Capital (MAIN)
Trade Price: 40.06
Shares: 2
Commission: 0.35
Total: 80.47
Sector: Financials - BDC
Yield: 5,7%
Payout Ratio: 75%
Dividend Increase Streak Years: 7
Annualized Dividend Growth 3-yr: 5,4%
P/E: 13,2
S&P Credit Rating: BBB

Buy in USD - Realty Income Corporation (O)
Trade Price: 56.85
Shares: 2
Commission: 0.35
Total: 114.05
Sector: REIT - Retail
Yield: 4,5%
Payout Ratio: 84% (of AFFO)
Dividend Increase Streak Years: 24
Annualized Dividend Growth 3-yr: 3,7%
P/AFFO: 18,8
S&P Credit Rating: BBB+

Buy in USD - The Procter & Gamble Co (PG)
Trade Price: 92.25
Shares: 1
Commission: 0.35
Total: 92.60
Sector: Consumers - Personal Products
Yield: 3,0%
Payout Ratio: 75%
Dividend Increase Streak Years: 61
Annualized Dividend Growth 3-yr: 4,1%
P/E: 25,0
S&P Credit Rating: AA-

Buy in USD - Pinnacle West Capital Corporation (PNW)
Trade Price: 87.15
Shares: 1
Commission: 0.35
Total: 87.50
Sector: Utilities - Electric
Yield: 3,2%
Payout Ratio: 58%
Dividend Increase Streak Years: 5
Annualized Dividend Growth 3-yr: 4,7%
P/E: 19,3
S&P Credit Rating: A-

Buy in EUR - Unilever NV (UNA.AS)
Trade Price: 48.85
Shares: 2
Commission: 0.98
Total: 98.68
Sector: Consumers - Personal Products
Yield: 2,9%
Payout Ratio: 66%
Dividend Increase Streak Years: 10
Annualized Dividend Growth 3-yr: 7,8%
P/E: 22,2
S&P Credit Rating: A+

PNW was one of the first North American stocks I bought, but I haven't added shares for a long time. One reason is that this Arizona-based utility company has been inching higher and higher since I started position. But now I decided to buy one more share before possible dividend increase declaration. And that declaration already arrived, a 6,1% increase to their quarterly dividend.

Also MAIN is a stock I haven't been buying lately, but now wanted to pump a little bit more out of this monthly machine. Rest of these companies are more familiar from previous posts. Largest share of the capital went to HRL which is my newest position, and now I'm ready to collect the first dividend with 32 shares.

Damn, what's going on in that General Electric Company!? It doesn't really look like stable dividend growth company at the moment. I may have to take actions on that one.

Thanks for reading. My Portfolio page has been updated to reflect these trades.
Disclosure: Long CVS, HRL, MAIN, O, PG, PNW, UNA.AS
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I don't like to sell stocks, but unfortunately now I have one such transaction to report. Mostly due to coming merger with Potash Corporation of Saskatchewan (POT), I have closed out my position in Agrium Inc (AGU.TO). On the buying side, I have added to my existing positions in Emera Inc (EMA.TO), Welltower Inc (HCN) and Unilever NV (UNA.AS). And here are the details...


Buy in CAD - Emera Incorporated (EMA.TO)
Trade Price: 48.10
Shares: 3
Commission: 1.01
Total: 145.31
Sector: Utilities - Electric/Gas
Yield: 4,7%
Payout Ratio: 118%
Dividend Increase Streak Years: 10
Annualized Dividend Growth 3-yr: 12,2%
P/E: 25,2
S&P Credit Rating: BBB+

Buy in USD - Welltower Inc (HCN)
Trade Price: 68.42
Shares: 1
Commission: 0.35
Total: 68.77
Sector: REIT - Healthcare Facilities
Yield: 5,1%
Payout Ratio (of FFO): 83%
Dividend Increase Streak Years: 14
Annualized Dividend Growth 3-yr: 4,0%
P/FFO: 16,3
S&P Credit Rating: BBB+

Buy in EUR - Unilever NV (UNA.AS)
Trade Price: 50.50
Shares: 2
Commission: 1.01
Total: 102.01
Sector: Consumers - Personal Products
Yield: 2,8%
Payout Ratio: 66%
Dividend Increase Streak Years: 10
Annualized Dividend Growth 3-yr: 7,8%
P/E: 23,2
S&P Credit Rating: A+

Sale in CAD - Agrium Inc (AGU.TO)
Trade Price: 134.00
Shares: -12
Commission: 1.04
Total: 1606.96

Agrium Inc's journey, as we know it today, will soon come to an end. I have been pondering what to do with my shares since the intention to merge with Potash Corp became public. I could have kept my shares and receive shares (and cash?) of the new company Nutrien. But this rises the question how to report this to our taxman. For a start how to report this merger process, and secondly how to report possible selling of shares of the new company. I always like to keep things simple. Now I decided that the simple way is to sell all shares of AGU.TO, and possibly buy shares of the new company later. I'm definitely interested in owning shares of this new big fertilizer company, but first I need some clarity about their dividend policy.  

Well, then the purchases here were normal portfolio building activity. Good feeling to be able to increase position in EMA.TO, HCN and UNA.AS. Emera just announced an 8,1% increase to their quarterly dividend, so I will be more than happy to collect this divy in November.

I have a nice chunk of free cash at the moment, and I'm going to put it back to work within next few weeks.

Thanks for reading. My Portfolio page has been updated to reflect these trades.
Disclosure: Long EMA.TO, HCN, UNA.AS
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All right, three quarters of four finished in 2017. Let's see how I did during the last month of third quarter. But first, let's take a look one year back. In September 2016 I was able to collect $160.23. Once again, trying to improve from there. Since then only one company, Norfolk Southern Corporation (NSC), has left my portfolio. No new dividend payers, so very few changes compared to last year which is good in my book. Wishing to crack sweet $200 mark, let's see if I was able to do that. In total 16 companies paid dividend to me this month. Here is the comparison table of September 2016 and 2017 dividends:


CompanySymbolSeptember 2016September 2017
3M CompanyMMM7,7711,75
Amgen IncAMGN8,0012,65
Archer-Daniels Midland CoADM12,0015,68
Canadian UtilitiesCU.TO2,609,29
Emerson Electric CoEMR9,5110,08
Enbridge IncENB.TO9,5413,42
Eversource EnergyES9,3411,87
Gilead Sciences IncGILD6,118,84
Johnson & JohnsonJNJ16,0019,32
Lockheed Martin CorpLMT13,2014,56
Main Street Capital CorpMAIN5,405,55
Old Republic InternationalORI9,3812,54
Pinnacle West CapitalPNW11,2511,79
Realty Income CorpO 6,457,82
Target CorpTGT13,8016,74
Unilever N.V.UNA.AS12,8022,22
Norfolk Southern CorpNSC7,080
TOTAL
$160,23$204,12

All right, so the total this September was $204.12. This means 27,4% increase year-over-year. Generally speaking I would like to see at least 20% growth every month, so obviously very good result. And for the first time I cracked $200 by receiving only regular quarterly and monthly payments. In June I also got $204, but then MAIN's special dividend was helping me out. So this time there was no special, annual or semi-annual dividends which makes this $204 very valuable.  

Great progress with CU.TO and UNA.AS(also the biggest payer this month) thanks to dividend raises and additional shares bought. Otherwise the growth was rather smooth throughout the portfolio. Here are my dividends in a graph:

Total dividends during months 1-9 this year: $2,626.44 This is 14,6% increase from last year. My goal for this year: $3,300. This would be approximately 16% increase to 2016's income. So, I'm still behind goal, but gaining nicely now every month. It's till impossible whether or not I will pass that goal, but right now it looks like I will miss slightly.

I'm already past 2014 and 2015 dividend total, and very close to reaching 2016 in October.  All these companies should pay again in December. Before next ex-dividend date I'm currently looking to buy additional shares at ADM, CU.TO and UNA.AS. But I must say that almost all these names are under consideration when I try to boost December income.

Please note that I don't make any currency conversions here. I report dividends as they appear in their own currency. This time CU.TO and ENB.TO were paid in CAD, UNA.AS in EUR, and the rest in USD. Additionally all numbers are before taxes. This prevents currency fluctuations and tax hassles from affecting my progress.

Thanks for reading. Dividend Income page has been updated to include September dividends.
Disclosure: Long all companies that paid dividend in September 2017
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