Dividend Portfolio Snapshot for February 21, 2012
Enbridge Inc.'s (ENB.TO) sudden drop mentioned in my post last week, was noticed by investors which caused the stock to rally today. ENB.TO closed at $38.52 /share, or +$0.94 (+2.50%). I bought shares of ENB.TO early in the day at $37.80/share.
The TSX reacted positively from the news of Greece's bailout plans, closing at $12,523.36, +$165.06 (+1.32%). My dividend portfolio end up by +$317.93 (+0.29%).
Dividend Portfolio Snapshot for February 17, 2012
The TSX ended lower today at $12,458 or -$27.29 (-0.22%). My portfolio also ended down by -$65.42 (-0.06%).
I bought some shares of Enbridge Inc. (ENB.TO) at $37.64/share. ENB.TO closed at $37.58 (-$1.62/-4.13%) on Friday. I found it odd that Enbridge would drop so dramatically in one day. I thought it was because of a small leak in two of their pipelines in Michigan, but it ended up being a selloff from Caisse de Depot et Placement du Quebec to "rebalance its asset mix". ENB.TO has been a good performer for me, so picking up more shares at a discount is fine with me.
Dividend Portfolio Snapshot for February 14, 2012
Valentine's Day couldn't give any love to the TSX today, falling -$44.22 (-0.36%) to $12,354.47. My dividend got even less love falling -$724.12 (-0.68%).
I bought more shares of TransGlobe Apartment REIT (TGA.UN.TO) at $12.04 per share. TGA.UN.TO closed today at $11.93 per share.
Disclaimer: I am not a financial adviser, tax professional or an investment professional, I am only writing about experiences I have encountered through my own investments. Consult a financial adviser, tax professional and/or investment professional with any of your questions.
I own shares of TGA.UN.TO.
Dividend Portfolio Snapshot for February 13, 2012
The TSX continued to decline from last Friday's trading day. The TSX recovered by the end of the day at $12,398.69, +$9.27 (+0.07%).
My dividend portfolio ended up by +$514.58 (+0.49%).
I bought a few more shares of Artis Real Estate Income Fund (AX.UN.TO) at $15.49/share.
To decrease my transaction costs I will limit the number of stock purchases to a weekly basis (or at least try). I have noticed that my transaction costs have ranged around $50 a month. If I continue at this pace, my yearly cost will be $600 a year. I will try and aim for $500 or less per year so it's not too difficult.
Disclaimer: I am not a financial adviser, tax professional or an investment professional, I am only writing about experiences I have encountered through my own investments. Consult a financial adviser, tax professional and/or investment professional with any of your questions.
I own shares of AX.UN.TO
Dividend Portfolio Snapshot for February 8, 2012
The TSX squeaked out a positive gain after being in the negatives most of the day, $12,521.02 +$8.60 (+0.07%).
My dividend portfolio added +$161.34 (+0.16%) at the end of the trading day.
Due to the consecutive gains for the past few days I had some cash to invest into more shares. I added more shares in:
- Artis REIT (AX.UN.TO) at $15.66/share
- Boston Pizza Royalties Income Fund (BPF.UN.TO) at $15.44/share
- The Keg Royalties Income Fund (KEG.UN.TO) at $13.65/share
The markets are reacting heavily to the crisis in Syria and the Eurozone seems to be back in the news (bad news of course). Hopefully the markets don't react the same as last Fall.
Disclaimer: I am not a financial adviser, tax professional or an investment professional, I am only writing about experiences I have encountered through my own investments. Consult a financial adviser, tax professional and/or investment professional with any of your questions.
I own shares of AX.UN.TO, BPF.UN.TO and KEG.UN.TO
Daily Dividend Portfolio Snapshot for February 6, 2012
I "cleaned-up" my dividend portfolio by selling some stocks that haven't performed the way I expected since I bought them around July 2011. I didn't have many shares of each stock, but they added up to a good amount of cash at the end. The stocks were:
- Agnico-Eagle Mines Ltd (AEM.TO)
- The Bank of Nova Scotia (BNS.TO)
- Saputo Inc. (SAP.TO)
- Shoppers Drug Mart Corp. (SC.TO)
- Shaw Communications Inc. (SJR.B)
- TMX Group Inc. (X.TO)
As a result of the sell-off of those shares, I purchased more KEG.UN.TO at $13.50 per share with the new cash.
My portfolio looks stronger (at least dividend-wise) since KEG.UN.TO has a yield around 7%. I'll also have to see if my dividend portfolio continues to gain value.
There is only one stock that is in the red in my portfolio right now. I only started investing into AltaGas Ltd. (ALA.TO) in December 2011 so I'm still seeing how it will perform for the next two quarters. I'll decide what to do with ALA.TO at that time.
Disclaimer: I am not a financial adviser, tax professional or an investment professional, I am only writing about experiences I have encountered through my own investments. Consult a financial adviser, tax professional and/or investment professional with any of your questions.
I own shares of KEG.UN.TO
Daily Dividend Portfolio Snapshot for February 3, 2012
I wasn't expecting to buy any stocks today, but I got an e-mail alert about Constellation Stoftware (CSU.TO) this afternoon and wanted to see how it was doing. It dropped over 7% today! I found this odd because this stock was one of the stocks I just added to my watchlist as a hunch. The price for this stock ranges in the $80-range so trying to accumulate any of these shares for a dividend income would take awhile. At such a significant decline I was curious to see if there were any signs of problems via press releases. I couldn't find anything today so I bought a small amount at $84.69 per share. It could be a bad decision in the short term, but from CSU's track record the company's stock has good value and growth in the long term.
Disclaimer: I am not a financial adviser, tax professional or an investment professional, I am only writing about experiences I have encountered through my own investments. Consult a financial adviser, tax professional and/or investment professional with any of your questions.
I now own shares of CSU.TO
Daily Dividend Portfolio Snapshot for February 2, 2012
I added a new stock to my dividend portfolio, TransGlobe Apartment Real Estate Investment Trust (TGA.UN.TO) for $11.85 per share.
From what I can tell, TGA.UN.TO looks like it has good value. It was able to increase its dividend last year. With a yield percentage of about 6% and a payout ratio percentage of about 32% it has potential for good growth.
The TSX market closed at 12,553.48, +35.82 (+0.29%).
My dividend portfolio ended up by +$197.83 (+0.20%).
Disclaimer: I am not a financial adviser, tax professional or an investment professional, I am only writing about experiences I have encountered through my own investments. Consult a financial adviser, tax professional and/or investment professional with any of your questions.
I now own shares of TGA.UN.TO
Daily Dividend Portfolio Snapshot for February 1, 2012
I invested into more shares of RioCan REITs (REI.UN.TO) at $25.47 per share. REI.UN.TO dropped over 1% at the time of my purchase. I thought this was a good opportunity to buy more shares while the price was down. REI.UN.TO does well over the year so the price drop was a good time to buy this good dividend stock.
The TSX closed at 12,517.66, +65.51 (0.53%). My dividend portfolio also ended up by +307.19 (0.32%).
Disclaimer: I am not a financial adviser, tax professional or an investment professional, I am only writing about experiences I have encountered through my own investments. Consult a financial adviser, tax professional and/or investment professional with any of your questions.
Daily Dividend Portfolio Snapshot for January 31, 2012
The TSX ended up today by +15.73 (+0.13%) to $12,542.15. My dividend portfolio also ended up by +643.28 (+0.70%)
I added more shares to 3 of my stocks today:
- Artis Real Estate Income Trust (AX.UN.TO) for $15.00/share
- Boston Pizza Income Fund (BPF.UN.TO) for $15.00/share
- Enbridge Income Fund (ENF.TO) for $21.28/share
Disclaimer: I own shares of AX.UN.TO, BPF.UN.TO, and ENF.TO