Another month, another dividend report. As we all know here in Canada, the summer is getting close and this usually means more spending, because no one wants to be inside when its warm and sunny. So squeezing out extra funds for the dividend series might be a little challenging, but once there is a will there is a way.
So lets get in to May’s dividends:
DGS: – $6.20
FFN: – $5
FTN: – $1.63
FRO.UN: – $0.1
I AM CURRENTLY $37.07 AWAY FROM MY $50 SHORT TERM MONTHLY DIVIDEND GOAL, BUT ITS SLOWLY GETTING THERE.
I sold off my position in SJT due to the $USD exchange rate and did some portfolio re-balancing, so my expected dividends are off from what was projected.
I also started a small position in FRO.UN (a stock I purchased in the past), “Fronsac Real Estate Investment Trust (FRO.UN) is an open-ended real estate investment trust. The REIT, through its subsidiaries, joint ventures and co-ownership’s, operates as a lessor of commercial real estate properties. The trust derives rental revenue from its four segments, being Major Canadian energy companies; Retail; Quick service restaurants; and Convenience store companies. Geographically, the company primarily operates in Canada.” I will gradually add to this position over the upcoming months.
Stocks on the watch list this month, are again HOT-UN a Canada based trust that invests in hotel real estate properties the U.S and IVQ.U which engages in owning income producing seniors housing and properties
Originally posted 2019-06-05 09:35:48. Republished by Blog Post Promoter