Thursday, August 31, 2017

Latest buys + Dividend Raise and August Dividend Income Summary $RY $VZ...

As you can see on my Passive Income page, 7 companies chipped in for this month of August. 

It's a quiet month when you barely scratch pass the 200$ bar. But who's counting, right? (uh, I am! Damn...)

As you get richer and your divvy start to stack up, I guess you get a little greedy. Don't we all want more? 

I have to say though, I'm still quite happy with what I have earned. Can't complain over dividends rolling in. 

Of the 7 stocks that paid me, one is really showing his love : hello Royal Bank of Canada (RY)!  RY has announced a dividend increase for the second time this year. Same for its BNS counterpart. (More on this below you dividend freak!)

This month I managed to collect the not-so-bad sum of 232.29$

The amounts are all in Canadian dollars. 

My Dividends came from:

               REIT Cominar (CUF.UN) : 49.00$ (CUF.UN just cut its dividend. That hurt! I will survive)

               REIT Rio Can (REI.UN) : 17.63$ (you know this stock who's beat up and you buy some more and it goes down more. Well it's this one! Still happy with it)

               REIT Canadian Apartment Properties (CAR.UN) : 5.33$ (new comer)

              Vanguard VSB (VSB) : 18.51$

              Verizon (VZ) : 17.92$ (I will double this amount in the next quarter)

              Alimentation Couche-Tard (ATD.B) : 10.80$

               Royal Bank of Canada (RY) : 113.10$

Total Dividend paid for 2017 :  260,30$ + 264.24$ + 556.30+278.54$+283.42+662.43$+322.72$+232.29$ = 2860.24$

Latest buys and smart-ass observation. 
  • ATCO (ACO.X) : I have been a shareholder of ATCO for almost three years now. They have increased their dividend each year since 1993. You can check it out here  I say it's a pretty decent history of rewarding their shareholders. Therefore I was quite happy to see their share drop by more than 15% this year and chose to add up to my stake. I currently hold 170 shares of ATCO. My price/average dividend yield is just over 3%. With an annual dividend of 1.31$, my forward annual dividend amounts to 222.60$ dollars win 2017.
  • Kraft Heinz Company (KHC) : I am a shareholder of Kraft since 2011. I remember going through Warren Buffet's letter to Berkshire's shareholders and seeing Kraft among his portfolio. I calculated then that his price/average of Kraft was pretty much below what it was currently trading. I liked the company and decided to buy 150 shares for around 31$/per share. For a total of 4 500$ (The Canadian dollar was pretty much up to par with the US). Boy O boy, was that a great move! A year later there was the spin off of Kraft and Mondelez and we received a juicy dividend from Warren and 3G Company.  Since then each stock have soared even though both their dividend growth remain conservative.These two investments now total more than 12 K$ And I am not counting the dividends received nor the special one of roughly 1K$. So I have been really happy with both investments -- even tough Mondelez per se wasn't part of my original deal.  So with a drop of more than 20% this year and the loony getting stronger, I thought I could increase my stake in this nice american company. It's a mature company, no doubt. But I still consume their products and I understand very clearly what they do.  I bought 5 shares at 81.61$ (US) which cost me 528.63$ (CAN). I now hold 55 shares and  my price/average dividend yield is just over 5.5%. With an annual dividend of 2.50$, my forward annual dividend amounts to 137.50$ (US dollars) in 2017.
Dividend news from my companies 
  • August 2 : Mondelez (MDLZ) raised its quarterly dividend to 0.22$ (16% increase)
  • August 3 : Kraft Heinz Co. (KHC) raised its quarterly div. to 0.625$ (4.2% increase)
  • August 4 : Cominar (CUF.UN) cut its annual dividend to 1.14$ (22% decrease)
  • August 22 : RY raised its quarterly dividend to 0.91$ (5% increase)
  • August 29 : BNS raised its quarterly dividend to 0.79$ (3% increase)
What do you think of this August updates on companies of my portfolio? Any stocks you own or might like to own at some point?

Tuesday, August 1, 2017

Latest buys +July Dividend Income Summary : $BCE $CUF.UN $MDLZ $REI.UN $VZ $CNR $CAR.UN

Hey Personal Financial Freaks! This is my seventh Dividend Income Summary for 2017. 

As you can see on my Passive Income page7 companies chipped in for this month of July. 

Some of them really showed their love : Bank of Nova Scotia (BNS) and BCE, for instance.

This month I managed to collect the modest sum of 322.72$

The amounts are all in Canadian dollars. 

My Dividends came from:

              REIT Cominar (CUF.UN) : 49$;

              REIT Rio Can (REI.UN) : 17.63$;

              BCE (BCE) : 57.40$ (I finally could add up to BCE and VZ this year. See below)

              Bank of Nova Scotia (BNS) : 129.20$  (What can I say?A keeper.)

              Mondelez International (MDLZ) : 25.61$ (Stock owner since the Kraft spinoff in 2012.).

               Canadian Pacific Railway (CP) : 28.13$ (This investment is now one of my top holdings. )

               Empire (EMP) : 15.75$ (Empire has done well since I fist bought it last December.)

Total Dividend paid for 2017 :  260,30$ + 264.24$ + 556.30+278.54$+283.42+662.43$+322.72$ = 2627.95$

Latest buys and smart-ass observations

  • VERIZON (VZ). With the Canadian dollar up a bit (0.80$) and Verizon pretty beat-up, I thought it was a good time to add a little bit to this position. It's only 20 shares, but it's been a while since I have first bought this stock. It's still a very small position in my portfolio. Time will tell if I intend to increase it or not. But, let's be honest, it will mostly be about how our loony will fare against the US dollar. So far, $VZ second-quarter earnings have been encouraging. But the Yahoo deal still makes me cringe a little. Will see hot it goes.
  • BCE (BCE). Interest rates and Telecom companies (as well as REIT's) seldom go in the same direction. So after a long hiatus of 3-4 years since I first initiated my position,  I could finally add up to this long-time paying dividend stock. It's a favourite among many portfolio managers in Canada and abroad (how much BCE can a baby-boomer hold in its portfolio? Apparently a lot.). It's easy to know why : BCE keep increasing and paying dividends.  If our elderly citizens enjoy it, why can't we? ( I have some grey hair too) I now hold a 100 shares. BCE still remain a small position in my portfolio, but I will certainly increase this position over time -- as I my hair turn grey.
  • Canadian Apartment Properties Investment Real Estate Trust (CAPREIT-CAR.UN). Some REIT's investors/bloggers really dig this stock and there are reasons why. It's diversified across Canada and in Europe (Ireland and the Netherlands), focused on the residential sector (everyone most people need a roof above their head) and it's growth-oriented. It currently owns interests "in 49,073 residential units, comprised of 42,622 residential suites and 31 manufactured home communities". (source : CARPET). If you don't own a house or a condo (or even if you do), this is a great way to have a toe in the residential Real Estate sector. Just ask the Chinese! ('s just a joke, don't be so darn sensitive and politically correct!
  • Canadian National Railway (CNR) and Canadian Pacific (CP). Disclaimer to all of you dividend yield freaks : I love trains. I can see them when I run. I understand the business. I love to travel by train. So I am bias. I know the dividend yield is kind of low for these stocks. I DO NOT CARE (this is me yelling at 6, you don't want to see me go to ten! -- ok... it's a Stepbrothers quote!). I own CP and CNR for the long run. My current dividend yield for both my shares of CP and CNR is respectively 2.89% and 2.13%. I say it's not bad! So a real dividend yield is mostly about when you actually bought the stock. Having said that,. I'm confident their dividend will grow faster than inflation and will provide me with a fine dividend by the time I actually can sit down, relax and watch them pass by. So when CNR dropped by close to 10% from it's year high, I made a small move which really didn't affect that much my share-cost average. The point was : I had 85 shares and I was craving to get to a hundred. (never heard of  an affliction call OCD! Geez...) So I had to fight real hard within myself to break the perfectly round number  of 50 and buy some more $CP which was also on the dip. I only could buy 5 shares... so I now own 55 (Serenity Now!) and will be working hard to even out this number to 100 in the coming future. It's a mental health matter at this point (where's my xanax when I need it!). 
  • So, as we speak, both CP and CNR are now part of my 6 biggest investments alongside Johnson and Johnson, Royal Bank, Bank of Nova Scotia and Power Financial. And I'm quite happy about it. Here is the breakdown of my latest buys and what it now provides me in terms of dividends (VZ is in US dollars):

NameSectorTicker#PriceTotalDividendDivvy added/ year
Can. App. Prop. Inv.REITCAR.UN50$32.191,619.49$$1.2864.00$
Can. Nat. RailwayIndust.CNR15$101.771,536.54$$1.6524.75$
Can.Pacific RailwayIndust.CP5$196.30991.45$$2.2511.25$

What do you think of my latest buys and should I consult for my OCD problem?

Monday, July 3, 2017

My June Dividend Income Summary (Record!) + Latest buys : $POW $ENB $JNJ $ACO.X $CNR...

Hey Personal Financial Freaks! This is my sixth Dividend Income Summary for 2017. 

As you can see on my Passive Income page13 companies/ETF's chipped in for this month. 

June is a great month that kicks off the summer in a fine way!  

This month I managed to collect the nice sum of 662.43$ It's a record of mine! 

The amounts are all in Canadian dollars. 

My Dividends came from:

              REIT Cominar (CUF.UN) : 49.00$ 

              REIT RIO Can (REU.UN) : 14.69$ 

             Vanguard Canadian Short-Term Bond Index ETF (VSB) : 18.78$

               Enbridge (ENB) : 61.00$

               Fortis (FTS) : 51.20$

              Johnson and Johnson (JNJ) : 145.88$ (The king of Kings).

              Suncor (SU) : 48.00$ (SU isn't part of my big 6 anymore, it's still a force to be reckon with.)

             Vanguard International ETF (VIU) : 29.23$

             Vanguard Canadian ETF (VCN) : 19.23$

             ATCO (ACO.X): 49.13$

             Power Corp (POW): 107.55$

             Canadian National Railway (CNR): 35.06$

             Kraft Heinz Company (KHC) : 33.68$

Latest buys and thoughts
  • I made 5 buys in June. 
  • I invested in companies I own according to my strategy Some of them were pretty beat-up so I added a few to my existing tally. 
  • I finalized (it's an addiction!) my stake in Power Financial (PWF). I now own 300 shares of both PWF and Power Corp (POW.). The whole conglomerate is a little heavy at the moment in my portfolio, (almost 10%) but I'm confident both these stocks will do very well in the future, especially when interest rates go up. It will eventually.  So for now, it's a hold strategy and I will no longer add any of these two stocks (I think so). 
  • I also added some Enbridge again this month. I now hold 150 shares of ENB. I like this stock and since it's fallen down a little bit lately because of oil prices I though I might as well make a move. It now represents a stake of 4% in my portfolio, but I wouldn't mind if it reaches 5-6%. 
  • Speaking of oil prices, another one of my stock was selling cheap (sort of). It's an old stock of mine, and I'm talking about Suncor (SU). I've got an average price per share of around 34$. So I didn't mind paying a little more (38$-39$) for a stock I have been owning since 8 years or so. I now hold 175 shares of SU and it provides me with 236.80$ in dividends annually. 
  • I've also added some Rio Can Real Estate (REI.UN). This is a fairly new addition in my portfolio. Since I first initiated this position the stock has been on the downside. That's always like that, isn't it! So I thought I would add some more when it went below 25$ (it now might go below 24$!).  Rio Can REIT still remain a small player in my portfolio. 

NameTicker#PriceTotal DividendDivvy added/ year 
Power FinancialPWF25$32.53813.25$$1.6541.25$
Rio CanREI.UN25$24.86621.50$$1.4135.25$

Tuesday, May 30, 2017

My May Dividend Income Summary + Latest buys : $BNS $RY $PWF $VZ...

Hey Personal Financial Freaks! This is my fifth Dividend Income Summary for 2017. 

As you can see on my Passive Income page, only 6 companies chipped in for this month. May is a slow month but, what can I say.  money coming in is... well it's money and it's fine by me!

So although May is a quiet month I still managed to collect 283.42$

The amounts are all in Canadian dollars. 

My Dividends came from:

               REIT Cominar (CUF.UN) : 42.88$ (I am now overweight on CUF.UN. I had to buy some lately to average down my price/share ratio. See below my explanation);

              Vanguard Canadian Short-Term Bond Index ETF (VSB) : 17.68$ (VSB provide a steady and safe dividend income stream. This number will grow. I intend to increase my position over time)

              Verizon (VZ) : 19.62$ (One of those stocks I wish I had more.. I will if the stock price goes  down and the Canadian dollar goes up... Waiting for the latter!)

             Royal Bank of Canada (RY) : 113.10$ (My 2nd biggest financial position. A keeper.)

             Power Financial (PWF) : 82.50$. (My fourth biggest financial/insurance position. A keeper.)

             Rio Can REIT (REI.UN) : 7.64$  (A new comer and my second REIT overall. Can't say I abuse of those juicy divvy payers)

My total Dividend paid for 2017 :  260,30$ + 264.24$ + 556.30+278.54$+283.42 = 1642.80$ 

Latest buys and thoughts
  • I mentioned on Twitter how I hardly really purchased anything (nor sell) this year. Well, against the saying "Sell in May and go away"  I have decided to make my moves on some stocks. So it's more like "Buy in May, don't shy away". (Trying to be poetic here. Geez!).
  • If you follow me from time to time (do not stalk me!), you must know by now that my strategy consist of holding not more than 20 stocks (maybe 25... Geez, you are so stock up!)  or so and invest in those companies when there is a fallout of at least 10% from their year high. 
  • So basically I own companies I know well and that do pretty well too... And A) I buy them again on the dips and I hold on to them as long as possible and I collect their dividends. And I start all over again (see point A).
  • But I realized over the past couples of years (bull market) that such a fallout (of more than 10%) doesn't happen every month. You have to learn to be patient and pull the trigger when time comes. 
  • Time came and I pulled the trigger (a little bit). 
  • On Power Financial, notably. This Insurance conglomerate has been slumping for the past 6-7 years. However, I like the way they handle their business : very conservatively. They have a long time plan and stick to it no matter what Mr. Market says or does. They have increased their dividend for the past 3 years after a hiatus of 4-5 years following the Financial crisis. The stock is currently trading with a 5% yield! Yes they are selling expensive mutual funds (like all banks!) through Investors Group and MacKenzie Investments but they are also selling Index funds nowadays (heard of those products?) and, even better, they have entered the Robot-adviser big potential market with WealthSimple. Besides all of this, I really like their insurance companies. Does Great West Life, London Life, Canada Life or Irish Life rings a bell? It's owned by PWF! Oh, and did I mention they hold stakes in Pernod Ricard and Adidas among other companies? Check out their empire here
  • I have added some Enbridge too. I first initiated a position two years ago. And I was hoping I could increase it eventually. After a 12% drop this year, I thought it was the right time to make a small move. I will increase it further if it drops some more. My exposure to the energy sector is kind of low. 
  • I have added some Cominar like I said previously. The board of the company said it was maintaining its current distribution (1.47$/unit). But the yield remains dangerously high (above 10%). I will keep an eye on it. But since the stocks has dropped more than 40%, I thought I could either wait or make a move and try to average down my share/price. I did the latter. I now hold 400 units. I will leave it like that for now.
  • I have been known here not to chase yield at all cost. Hence my reluctance to jump with both feets in the REIT train. But I always felt a little bit of exposure to it was wise. Rio Can and Canadian Apartments are two REIT's I like. Unfortunately, only the former was selling cheap lately. I bought some REI.UN at the beginning of the year. Then the price dropped some more and I bought some again this month. I have now exposure to the industrial and commercial real estates. CAR.UN will eventually fill the residential spot I am missing. Patience is always key.
  • Finally, I have decided to add some stocks of Bank of Nova Scotia. This is now my #1 financial investment. (close tie with Royal Bank). Why more BNS? Because it's a Canadian bank with a large international exposure and it's doing very well (check their latest quarter). It's pretty safe and reliable. Why 19 stocks? To make it even at 170! (anymore questions? no you don't!)
  • All in all I have added this month almost 300$ in my forward dividend tally. Katching. Like I said, "Buy in May, don't shy away!". 

NameTicker#PriceTotal DividendDivvy added/ year
Power FinancialPWF50$32.74$1,637.00$1.65$82.50
Rio CanREI.UN25$25.24$631.00$1.41$35.25
Cominar CUF.UN50$13.24$662.00$1.47$73.50
Bank of Nova ScotiaBNS19$75.43$1,433.17$3.04$57.76

What do you think of my dividend income stream? And my new buys?