Daily Dividend Portfolio Snapshot for February 7, 2012
I had a busy day doing errands around town so I didn't spend any time on my dividend portfolio today.
Civil unrest in Syria caused the TSX to close at $12,512.42, -$47.43 (-0.38%). My dividend portfolio did the opposite and gained +$916.37 (+0.93%) at the end of the day.
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 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.
My Dividend Portfolio as of January 2012
Continuing with my buy-and-hold strategy from last year, I am investing (and reinvesting) into the stocks in my dividend portfolio. As I expected my dividends have been increasing every month. This month was not any different.
This month's dividends: $389.72
Dividends for 2012: $+389.72
For January, here are the Top 5 stocks that I have received dividends from:
| Boston Pizza Royalties Income Fund |
| Enbridge Income Fund Holdings Inc. |
| Just Energy Group Inc. |
| Keg Royalties Income Fund (The) |
| RioCan Real Estate Investment Trust |
As of January 31, 2012 my dividend portfolio has increased by +$5579.24 (+6.25%)
My plan for February will not change; buy-and-hold more stocks from my dividend portfolio. I will also continue to look for more stable, high-yield, Canadian stocks to diversify my holdings in my dividend portfolio.
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
Daily Dividend Portfolio Snapshot for January 25, 2012
The TSX made some significant gains today going up and ending the day at 12,539.21. A gain of +143.97 (1.16%). As for my dividend portfolio, it was a decrease of -96.92 (-11%).
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.