Tuesday, December 3, 2013

Passive Income Update - Nov 2013

Welcome to my November 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 November 2013 was $238.34.



My passive income YTD is currently at $2,326.70.

Passive income contributing entities:
Stocks:
  • Cineplex Inc (CGX)
  • Inter Pipeline Ltd (IPL)
  • Omega Healthcare Investors Inc. (OHI)
  • RioCan REIT (REI.UN)
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)
  • BMO Equal Weight Utilities Index ETF (ZUT)
  • A mutual fund yielding approximately 6%
Other:
  • Advertising revenue from this blog
  • MBNA Smartcash credit card cashback
  • Interest on cash positions

Initiated positions
I initiated a new position in The Jean Coutu Group (PJC.A). Jean Coutu is a retail pharmaceutical franchise with 411 stores across Qu├ębec, New Brunswick and Ontario. Click here to read about corporate profile and my reasoning behind my initiating this position.

Added positions
I add monthly to my positions in: iShares Canadian Financial Monthly Income Fund (FIE.A), Claymore S&P US Dividend Growers ETF (CUD) and two globally diversified mutual funds.

Closed positions
My Nov 16 IMG $5.00 call expired out-of-the-money.
My Nov 16 HSE $30.00 call expired in-the-money and was exercised closing my position in Husky Energy (HSE). I held HSE for approximately 3 years and generate a good amount of passive income from it where my yield-on-cost was 4.20%. Read more about this transaction here.

My full list of holdings can be found here.




14 comments:

  1. up up and away!! that chart is heading in the right direction.

    ReplyDelete
    Replies
    1. Thanks for the comment, FFD.
      I invested a lot of over this year cutting back on my cash positions. Those are bearing the fruit in my returns now :)

      Delete
  2. R2R,
    Good looking month here. I like that you've incorporated some income producing ETFs into your stream of cash. I'm am going to be looking at some of these once I deposit some money into my Roth IRA at then end of the year. Hoping to find some low cost index funds that pay me.
    -RBD

    ReplyDelete
    Replies
    1. RDB,
      I like the idea of having the ETFs which reduces some of the risks in my portfolio, while allowing me to take advantage of the broader market's rise. There are some great products out there - sifting through them will take some time. Good luck!

      Delete
  3. Awesome! Looks to be trending in the right direction! Should have an exciting 2014 after all the investments and added capital this year.

    ReplyDelete
    Replies
    1. Thanks writing2reality. 2014 should be exciting indeed. However, I am starting a lot of my cash towards saving for a house downpayment...so, my portfolio might not see the same kind of growth.

      Delete
    2. I can feel you on that R2R. I am closing on a house tomorrow actually and that certainly impaired my investing this fall, and will have some lingering affects through the next six months as we rebuild some cash savings.

      Delete
    3. Congrats on the new home, writing2reality.

      Best wishes
      R2R

      Delete
  4. You are making some nice progress. Keep up the good work!

    ReplyDelete
    Replies
    1. Thanks, All About Interest.
      Appreciate the support.

      Delete
  5. It really is incredible how much dividends you and the others Bloggers are receiving!
    That is a great motivation!
    In November I have received 24 EUR :-(
    But I´m on the way...

    regards!
    D-S

    ReplyDelete
    Replies
    1. Thanks, Dividenden-Sammler.
      It takes time to build up. When I started a few years ago, I had no idea when I would be able to make $2000-$3000 a year. But I am at that point now. Im sure you will reach that point soon if you keep at it.

      Best wishes
      R2R

      Delete
  6. That's a great month that you had considering that November is a typically lower paying month. December should help you close out the year strong. Up and to the left is always a good trend.

    ReplyDelete
    Replies
    1. Thanks PIP,
      The payout from OHI was a big contributing factor towards November dividends.

      regards
      R2R

      Delete