Wednesday, December 30, 2015

My 2016 Financial Goals

In 2016, I have set myself new Financial Goals:

To respect a monthly budget of less than 4 750$. (Money Invested regularly excluded).

To max out my TSFA and hit the 52 K$ mark. Right now, I have 43 243$ in it. I have room for 5500$ this year (thanks to the Liberals!). Let’s assume a yield of around 5-6 % in addition to 1 300$ in dividends. Some of my stocks are doing poorly (ABX, POT, etc.) Hopefully, my other stocks will compensate and pull my portfolio upwards. It should get me to 52 K$ by the end of the year.

To grow my net worth to 233 K$. I expect a more constant revenue this year. Right now, I have a Net Worth of 205K$ With a yield of 5-6%, that should take me to 217 K$ solely on compounding. With my dividends of about 4K$ and the few new capital money I should add to the mix I expect to close out the year with 233 K$.

To hit the 188 K $ mark in my portfolio. Right now I have roughly 162 K$ (you can check it out here). I still have some cash flow to invest. But I wish to invest only in quality stocks I already own (or new ETF’s). I don’t want to add more stocks to my portfolio. I feel I already have enough with 22... The yield of my portfolio will come from compounding (5-6%). I will also keep investing on a bi-monthly basis in a US Index Fund. I will sell some of this fund throughout the year to deploy the money directly in stocks. Money coming from dividends will contribute to grow my portfolio as I both expect raises and buying more dividend growing shares of companies I own. I should be able to end 2016 with (or close to) 188 K$.

To hike my Dividend income to 5 400$ a year. Right now, I have roughly 4 300$. I want to increase that number to 5 400$, which will represent 450$ per month, an increase of more than 20%. 

To stay out of debt. I don’t have any bad debt as we speak (apart from the mort-gage, which is a good debt). That's the way we like it. Let’s keep it that way.

To find another form of investment. A land, a cottage, a new condo, a house, a wood forrest. Anything that diversify our assets.

What do you think ? Should I be bolder ?
***


Wednesday, December 9, 2015

My November Dividend Income Summary + Latest buys: $CUF.UN $VZ $RY $KHC $ENB $CNR

November 2015 is in the rear view mirror and it's that time again for a Dividend Income Summary of the Month.

But before giving you the usual numbers, let me tell you about my recent buys. Yeah, once again Monsieur Dividende couldn't resist to make the best of the recent Market dip.


My buys :


I bought 20 shares of Canadian National Railway (CNR) at 72,80$. As you know, I'm a proud owner of two of Canada's finest Railways : Canadian Pacific and CNR. This segment accounts to roughly 7% of my entire Portfolio. It's not much but I have to say (between you and me) that it feels like railways accounts for 25% on my investors heart. Boys will be boys : there is something about trains... Chou-chou! These two stocks give me 131$ annually. Again, it's not much but I figure these too will be able to raise their dividends at a higher rate than inflation. As soon as CP is done with buying another (and bigger) railway company, I guess it will think about its shareholders. Their current dividend yield is not even close to 1%. What's that Hunter Harrison?


I also mentioned on Twitter the acquisition of 25 shares of Enbridge (ENB), one of Canada's largest pipelines company. ENB has been on my buying list since 2011, but the price of the stock was always too high. Thanks to oil price (and Kinder Morgan!) the price of the stock has been cheaper. Hence me acquiring 25 shares at 44,70$. The following days it went as low as 41$ Oh well, never been really good with market timing... My stakes in Transcanada Corp and Enbridge remain small, but time will tell if I can add some more shares. Right now, the energy sector of my portfolio accounts to close to 10%. I might raise it to 12%. And these companies provide me with 177,80$ annually. Pretty pretty good numbers...


All right fellow investors, back to my Dividend Summary. As you can see on my Passive Income page, 4 companies chipped in for this month. November is a quiet month on the dividend front. Nevertheless, it's still money coming in!


This month I managed to collect 166.46$The amounts are all in Canadian dollars. 

My Dividends came from:
  • REIT Cominar (CUF.UN) : 24.87$ (which I use in part to buy one more share with my DRIP)
  • Verizon (VZ) : 18.39$
  • Royal Bank of Canada (RY): 90.85$
  • Kraft-Heinz Company (KHC) : 32.35$

My total Dividend paid for 2015 : 3312.64 + 166.46$ = 3479.10$ (my special dividend from Kraft-Heinz included)


My Total Dividend paid since I started Dividend Investing : 12 592.17$ + 166.46 $ : 12 758.63$

What do you think of my dividend income stream -- and my latest acquisitions? 

Tuesday, November 24, 2015

My 2015 Financial Goals : where it's at

In 2015, I have set myself some more precise goals.

With roughly one month to go before the end of the year, I thought I would check upon my goals for 2015. Here's a rundown of how I'm doing so far.

  • To respect, 75 % of the time, a monthly budget of less than 5 000 $. Last year we aimed for 4 500$ but failed badly. (partly because we hiked our spending towards investing, so not that bad). Let's try 5 000$ and hope for the best. 
FAIL. Well, this one is pretty rough. It's not that we are doing very badly. Our budget for a month is roughly 5K$, that includes money we spend investing. But we pretty much bust this mark every month, although by small margins. We succeeded twice to live under the 5 K$ rule. But I won't lose sleep over it. 
  • To max out my TSFA and hit the 42 48 K$ mark. Right now, I have 30 K$ in it. (It's not a great TFSA year) I have room for 8 459 $ this year (+ 5000 K$ as announced in the last Federal Budget). I assume a yield of around 5-6 %. One of my main stock is (STILL) slumping (ABX). Hopefully, my other stocks will compensate. Let’s aim for 42 K$ 48 K$. Yes I can! 

FAIL. Before sailing off, the Conservative Government hiked the limit per year we could contribute to our TFSA. It's now 10 000$ But the new Liberal Government wants to cut it back to 5K$. We will see about that. For my U$ friends : a TFSA is a Tax Free Saving Account. It allows you to hold pretty much all kinds of investing products in it : from bonds to stocks, to ETF's. The nice thing about it : it's all tax free. A great tool. But my investments in it haven't been as productive as one might have expected. I invested the maximum so far (41K$) and my TFSA is barely above the 44K$ mark. There a numerous reasons for that. The main reason is called : Barrick Gold (ABX). I once held more than 300 shares of that disgraced stock. It's down to 200. I lost a hefty sum with ABX. Live and learn, right? I still hold some pretty good dividend stock growers in it and I'm confident I will make up for it in the near future.

  • To grow my net worth to 200 K$ (and more). I expect more revenue this year. Right now, I have a Net Worth of roughly 188 K$. With a yield of 4-5 %, that should take me to close to 195 K$ solely on compounding. I should be able to add a few bucks in the mix. Not to mention the 8 K$ I put down on the capital of my mortgage every year. I will be very disappointed if I don’t hit the 200 K$ barrier (and more). Go get it boy !
SUCCEED. My Net Worth is currently over 200 K$. You can check it out here. Paying off your mortgage is annoying. But it's a simple and safe way to grow your Net Worth. This cool mark is reached, now let's aim for another one next year!


  • To hit the 160 K $ mark in my portfolio. Right now I have around 145 K $ (you can check it out here). I still have much cash flow. I need to invest some of it in new quality stocks. But, considering the perpetual bull market (will it end?), I will be extremely patient in that regard. I should be able to hit this mark with compounding and new money. 

SUCCEED. My Portfolio is currently over 160K$. You can check it out here. I"m happy but to tell you the truth this goal was pretty conservative. I should have more by now with the amount of money I have deployed recently. Oh well. Maybe I'm hard on myself...

  • To hike my Dividend income to 4 800 $ a year. It's a new goal! Right now, I have close to 3 K$ (2 982$). You can check it out here. I want to increase that number to 4 800$, which will represent 400$ per month. It's an increase of 37%. 

FAIL. This is a goal that was very bold. I knew it. But I wanted to challenge myself a little bit. Even though I didn't reach it, I still managed to hike my Dividend Income by more than 28%. It's now approaching 4 200$... So it's a loss that feels like a victory.

  • To stay out of debt. I don’t have any bad debt as we speak (apart from the mortgage, which is a good debt). That's the way we like it. 

FAIL.We have currently 3K$ on the margin. But it doesn't bother me. I should be able to pay it by the end of the year. So this goal should be attained.

  • To find another form of investment. A land, a cottage, a new condo, a house, a wood forrest. Anything that diversify our assets. 
FAIL. Didn't make anything to that regard. But I will!

What do you think of where I am right now regarding my 2015 goals? What about you? Will you reach yours?












Friday, November 13, 2015

My October Dividend Income Summary: $CUF.UN $TRP $PWF $BCE $CP $MDLZ $BNS

October 2015 is so over and it's that time again for a Dividend Income Summary of the Month.

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

October is not the busiest month on the dividend front. But it's still income coming in, right?

Besides, I'm very happy to see new comers chip in like TRP and BNS!

This month I managed to collect a great 208.42 $The amounts are all in Canadian dollars. 

My Dividends came from:
  • REIT Cominar (CUF.UN) : 24.75$ (which I use in part to buy one more share with my DRIP)
  • TransCanada Corp (TRP) : 13.00$
  • Power Financial  (PWF) : 37.25$
  • BCE (BCE) : 26.00$
  • Canadian Pacific Railway (CP) : 14.00$
  • Monderez International (MDLZ) : 23.42$
  • Bank of Nova Scotia (BNS) : 70.00$ (which I use in part to buy one more share with my DRIP)
My total Dividend paid for 2015 : 3104.22$ + 208.42$ = 3312.64$ (my special dividend from Kraft-Heinz included)

My Total Dividend paid since I started Dividend Investing : 12 387.75$ + 204.42$ : 12 592.17$

What do you think of my dividend income stream? 

Wednesday, October 7, 2015

How I deployed 20K$ into the Market


It’s not because I wasn’t writing much on this blog that I wasn’t taking care of business. Monsieur Dividende is restless when it comes to investing. But with the relentless Bull Market that began on the backdrop of the last financial crisis (2008-2009) it was becoming difficult to find any good bargains.

If you’ve already visited my blog you have probably noticed that I’m not the kind of investor who picks up a whole bunch of stocks -- even if these stocks are from high quality companies. (Check out my 19 stocks portfolio here)

I’m from the school of thought that a handful of quality dividend companies from 4-5 different sectors of activities should do the tricks. Studies have showed that to be true. Personally, the main reason for this logic is this: time. I don’t have enough time to follow closely more than 20 companies. Heck, I barely had time to follow 8 at one point... But the context of the last two years has forced me to revisit this logic. The fact is: I couldn’t add up to my actual positions without paying the big price. I could either wait for a fallout of 10% of my stocks or try to find bargains elsewhere in other valuable companies.

I have to say that I have waited on the sidewalk for a while before making a few moves. But with Mr. Market slowing down these past couple of months, I started deploying some sleeping money into various quality dividend investing stocks. I didn’t keep track on a daily basis (maybe I should of) of all those latest buys nor did I took the time to write about my new positions (apart from Twitter).

I decided yesterday to look over my recent activities and let you know what I did over the course of the past seven months; that is from March to September 2015. Why March, mind you? Because it’s around this time that I’ve really started making substantial buys.

With the help of my calculator and some patience, I tracked down all of my buys over this period. 

Here a few facts I found out :

  •  I was surprised to see that I had made 20 buys.
  • My average buy amount is 1 027$. 

It shows that, although I started to deploy some money into the market after a long halt between 2012-2014, I still managed to do so with great caution.

I guess this also qualifies me now as a stock nibbler, a reference made by a fellow blogger Dividends in Hands in an interesting post entitled Nibbling vs Gorging onStocks. When I first started dividend investing, not so long ago in 2009, I was making big buys with roughly 4 or 5 K$. How time’s changed!

Back to the stats:

  • Over the period I have deployed 20 540$! That’s a pretty hefty sum.
  • This sum has enabled me to buy stocks in 9 companies. All of which are Canadians. I wish I could have bought some US companies but the currency gap made it impossible.
  • The 9 companies bought covered 5 different sector of activities: Financials, Energy, Consumer Staple, REIT and Industrial.
  • Not surprisingly, the energy sector represents 45% of the money spent. I’ve made the most of the recent fallout of the price of oil.
  • My stake in ATCO (ACO.X) represents 28% of all the money invested over the period. TransCanada Corporation (12%) and Fortis (5%) make up for the rest.
  • The financial sector is where 31% of my money was deployed.
  • Most of the money in the financial sector was spent on building up a new stake in Bank of Nova Scotia (22%). I also added a little bit of shares to my positions in Royal Bank (5%) and Power Financial (4%).
  • The REIT sector represented 7% of all money spent; the Industrial sector 14% and the Consumer Staple sector 3%.
  • Of these 9 companies, 4 were new positions: Bank of Nova Scotia (BNS), ATCO (ACO.X), TransCanada Corp. (TRP) and Canadian National Railway (CNR).
  • 5 were companies in which I have increased my stakes: Royal Bank (RY), Alimentation Couche-Tard (ATD.B), Fortis (FTS), Power Financial (PWF) and Cominar (CUF.UN).

I’m still sitting on money to deploy in the near future. I will have to wait for a fallout of the prices of my actual stocks. But I don’t rule out adding some new high quality stocks, even though I doubt I will add more than one or two to my present portfolio. 20, would be a great nice round and final number for my total holdings.

What do you think of my latest buys? Would you have deployed the money in a similar way? If not, how?

I’d like to hear from you dear readers. Let me know what you think.

Monsieur Dividende




Wednesday, September 30, 2015

My September Dividend Income Summary: $CUF.UN $ACO.X $JNJ $POW $SU.TO $FTS $COP $CNR $ABX

September 2015 is over and it's that time again for a Dividend Income Summary of the Month.

As you can see on my Passive Income page, 9 companies chipped in for this month.  

September is one of my most busy month on the dividend front.

This month I managed to collect a great 448.24$The amounts are all in Canadian dollars. 

My Dividends came from:
  • REIT Cominar (CUF.UN) : 24.62$ (which I use in part to buy one more share with my DRIP)
  • ATCO (ACO.X) : 37.13$
  • Power Corporation  (POW) : 93.38$
  • Barrick Gold (ABX) : 5.28$
  • Suncor (SU) : 63.80$
  • Canadian National Railway (CNR) : 12.50$
  • Johnson and Johnson (JNJ) : 128.73$
  • Fortis (FTS) : 34.34
  • ConocoPhilipps (COP) : 48.46$
My total Dividend paid for 2015 : 2655.98$ + 448.24$ = 3104.22$ (my special dividend from Kraft-Heinz included)


My Total Dividend paid since I started Dividend Investing : 11 939.51$ + 448.24$ : 12 387.75$

What do you think of my dividend income stream? 

Monday, August 31, 2015

My August Dividend Income Summary: $CUF.UN $RY $ATD.B $VZ

August 2015 is almost over and it's that time again for a Dividend Income Summary of the Month.

As you can see on my Passive Income page, only 4 companies chipped in for this month.  

August is my most quiet month on the dividend front. Depending on my future buys, it might not always stay that way. Time will tell.

Today, I've added some more shares to my position in Royal Bank of Canada (RY). Instead of having 78$, next quarter I will receive 90$... until they hike their dividend again or I buy some more shares.

This is how the cookie crumbles, I guess. ;-)

Anyway, this month I managed to collect 121.40$. The amounts are all in Canadian dollars. 

My Dividends came from:
  • REIT Cominar (CUF.UN) : 21.65$ (which I use in part to buy one more share with my DRIP)
  • Couche-Tard (ATD.B) : 3.30$
  • Royal Bank of Canada (RY) : 78.54$
  • Verizon (VZ) : 17.91$
My total Dividend paid for 2015 : 2 534.58$ + 121.40$ = 2655.98$ (my special dividend from Kraft-Heinz included)


My Total Dividend paid since I started Dividend Investing : 11 818.11$ + 121.40$ : 11 939.51$

What do you think of my dividend income stream? 

Friday, July 31, 2015

My July Dividend Income Summary: $BCE $CUF.UN $KHC $MDLZ $CP $BNS $PWF

July 2015 is now history and it's that time again for a Dividend Income Summary of the Month.

I love seeing those dividends coming in like clockwork (well, most of the time).

It does indeed seem like money is working for you instead of you working for money.

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

Most notably, you will notice I have a received a special dividend of more than a grant from the new Kraft Heinz Company. It really boosted my income this month. Wow, thanks Mr. Buffet!

This month I managed to collect 1212.89$ The amounts are all in Canadian dollars. 

My Dividends came from:
  • REIT Cominar (CUF.UN) : 21.56$ (More or less one share because a DRIP applies)
  • BCE (BCE) : 26.00$
  • Power Financial (PWF) : 27.94$
  • Kraft Heinz Company (KHC) : 1039.01$ (special dividend)
  • Kraft Heinz Company (KHC) : 30. 27$ (regular dividend)
  • Mondelez International (MDLZ) : 20.11$
  • Canadian Pacific (CP) : 14.00$
  • Bank of Nova Scotia (BNS) : 34.00$
My total Dividend paid for 2015 : 1321.69$ + 1212.89$ = 2 534.58$


My Total Dividend paid since I started Dividend Investing : 10 605.22$ + 1212.89$ = 11 818.11$

What do you think of my dividend income stream? 

Friday, July 17, 2015

New Post: My recent (small) buys $CNR $ACO.X $CUF.UN

Hey Financial Freaks,

I haven't been writing much lately. I apologize. Monsieur Dividende has been quite busy making money to invest more in dividend growth stocks. 

The whole purpose of this whole blog is to document my journey on become financially independent.
But to do that one has to work.

Anyway, I thought I'd give a little bit of information regarding my portfolio and the subtle changes I have made these past months.

I have made a few buys :

ATCO (ACO.X) I have now 120 shares of this company. My average share price is around 45$ and the actual share price is under 40$.  I have add 118$ in dividend to my Passive Income.

The stock has had problems recently. But the core of the company hasn't changed and I intend to buy some more to lower my average share price.

To find out more about ATCO, check it out here.

Canadian National Railway (CNR.TO). This is a company I was following for quite some time now. It's 52-WK high was around 88$, so I figured 72$ was a decent entry point. The stock is still a little price, but I like their growth perspectives. And although the dividend yield is kind of low (under 2%), I'm confident the company will be able to increase it at a rate better than inflation.

So last month I bought 25 shares of CNR at 72,90$. This adds 31,25$ annually to my Passive Income.

CNR is my 18th company (I know, I know...) and my second in the railway/transport sector alongside its competitor, Canadian Pacific (CP).

Canadian National Railway Company (CN) is engaged in the rail and related transportation business. CN's network and connections to all Class I railroads provide its customers with access to all three North American Free Trade Agreement (NAFTA) nations. CN derives its freight revenue from seven commodity groups representing a portfolio of goods transported between a range of origins and destinations. 

The Company's network of approximately 20,000 route miles of track spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans and Mobile (Alabama), and the metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth (Minnesota)/Superior (Wisconsin), Green Bay (Wisconsin), Minneapolis/St. Paul, Memphis, and Jackson (Mississippi), with connections to all points in North America. (Description from Reuters)

Cominar REIT (CUF.UN). I have had shares of Cominar since 2013. I have sold some a couple of months ago. I decided to add some more when a raise in interest rates was looming and the stock price was going down.

I bought just enough so I would be able to buy some more units with my DRIP on a monthly basis. That's all. So I should be able to add 10 to 12 units per year from now. That's fine with me and my sector allocation.

I now own 176 units of Cominar REIT. This represents 258,72$ annually in Passive Income.

I am still ready to move if a stock correction happens. Not sure the greek situation (and the chinese for that matter) is all over yet. So I have kept more cash than necessary on hand. Will see. 

How about this fine little stock : Alimentation Couche-Tard (ATD.B). Sure wish I had bought some more in July 2014 when I thought the stick price was still too high... Oh well.

Worth mentioning : I received my special Dividend from KHC (Kraft-Heinz Company). Holy Macaroni! This is more than 1 000$ (Canadian mind you, but even so...). Where this it go? It's waiting to buy some more stock in my brokerage account. I also paid lunch to my parents and my girlfriend (who said I was cheap!). A man love his pork ribs... ;-)

What do you think of my latest small buys?

Wednesday, July 1, 2015

My June Dividend Income Summary $POW $JNJ $SU $ABX $CUF.UN $COP $FTS $ACO.X

June 2015 is now history and it's that time again for a Dividend Income Summary of the Month.

Like all Dividend Investors, I love seeing those dividends roll into my accounts. (katching!)

It does indeed seem like money is working for you instead of you working for money.

As you can see on my Passive Income page, June is one my highest paying dividend month of the year with more than 8 companies chipping in.

This month I managed to collect 410.23$.
The amounts are all in Canadian dollars. 

My Dividends came from:
  • REIT Cominar (CUF.UN) : 18.38$ (More or less one share because a DRIP applies)
  • Power Corporation (POW) : 93.38$
  • Johnson and Johnson (JNJ) : 120.32$ (CA$)
  • Suncor (SU) : 61.60$
  • Barrick Gold (ABX) : 12.25$
  • ConocoPhilipps (COP): 45.21$ (CA$)
  • Fortis (FTS) : 34.34$
  • ATCO (ACO.X) : 24.75$
My total Dividend paid for 2015 : 1321.69$


My Total Dividend paid since I started Dividend Investing : 10 605.22$ + 410.23$ = 11015.45 $

What do you think of my dividend income stream? 

Monday, June 1, 2015

My May Dividend Income Summary $PWF $RY $CUF.UN $VZ

May 2015 is now history and it's that time again for a Dividend Income Summary of the Month.

As you can see on my Passive Income page, May is my second lowest dividend paying month of the year with only 4 companies chipping in.

However, I feel like these companies are strong and reliable. Two of those are present in the Financial Sector and have had recent dividend increases, namely RY and PWF.

So, last month I managed to collect 137.69 $ in dividend income.

My Dividends came from:
  • REIT Cominar (CUF.UN) : 14.70$
  • Royal Bank of Canada (RY) : 78.54$
  • Power Financial (PWF) : 27.94$
  • Verizon (VZ) : 16.51$
My total Dividend paid for 2015 : 911.46$

My Total Dividend paid since I started Dividend Investing : 10 467.53$ + 137.69$ = 10 605.22$

What do you think of my dividend income stream? 


***

Monday, May 11, 2015

Recent buys $ACO.X $ATD.B $CUF.UN

Like I said last time, I have been quite busy working these past couple of weeks. Gotta earn it before you can invest it, right? With Mr Market being more cooperative with value investors I still managed to find some time to make a few small buys along the way.

ATCO (ACO.X)

(more on ATCO here)

On May 4th, I added 15 shares of my fairly new acquisition of ATCO. @ 44.02$ a share, the total cost was 670. 25$

I now own 80 shares of ATCO. My average cost per share is 46. 91$.

I might buy some more if the stock goes below 40$.

These 15 new shares add 14.85 $ to my annual dividend income.


Alimentation Couche-Tard (ATD.B)

Couche-Tard is a convenience store operator in the United States, Europe and Canada. It operates its convenience store and road transportation fuel retailing chain under several banners. Its network comprised 6,207 convenience stores throughout North America, including 4,698 stores with road transportation fuel dispensing. 

This company has been a real rocket. The only downside, the meagre dividend. But the price of this stock as doubled ans tripled these past couple of years. I thought I had bought it too late at 29$ in July 2014... The stock price is now 46 $.

On May 6th, I bought 15 shares of ATD.B at 45.50$ for a total cost of 692.45$

I now own 60 shares of Couche-Tard. My average cost per share is 37.84$.

I might buy some more if the stock goes below 42$.

These 15 new shares add 3$ to my annual dividend income.

Cominar REIT (CUF.UN)

(more on Cominar here)

REIT's in general have taken a beatdown lately. I thought the timing was right to add a few units of Cominar.

On May 11th, I bought 30 units of CUF.UN at 18.57$ for a total cost of 567.05$

I now own 150 Units of Cominar. My average cost per share is 18.63$

I might buy some more if the stock goes below 18$.

These 30 new shares add 44.10$ to my annual dividend income.

My Portfolio has been updated as well as my Passive Income Page.

What do you think of my latest buys? Did you make a move yourself?


Monday, May 4, 2015

My April Dividend Income Summary

April 2015 is now history and it's that time again for a Dividend Income Summary of the Month.

As you can see on my Passive Income page, April is one of my lowest dividend paying months of the year with 7 companies chipping in.

These companies are strong and reliable ones but some of them are very cheap on their dividend distributions. Feel pointed out CP and Couche-Tard? You should!

Nevertheless, I still managed to collect 138.95$. 

My Dividends came from:
  • REIT Cominar (CUF.UN) : 14.70$
  • Alimentation Couche-Tard (ATD.B) : 2.03$
  • BCE (BCE) : 26.00$ 
  • Canadian Pacific (CP): 14.00$
  • Kraft (KRFT) : 28.26$ (CA$)
  • Mondelez (MDLZ) : 19.96$ (CA$)
  • Bank of Nova Scotia (BNS) : 34.00$
My total Dividend paid for 2015 : 773.77$

My Total Dividend paid since I started Dividend Investing : 10 329.48$ + 138.05$ = 10 467.53$

What do you think of my dividend income stream? Would you be able to cope with companies such as CP and ATD.B who are not dividends oriented?

***

Monday, April 27, 2015

Mr. Taxman, Mr Market and Mr. Index Fund

Hey Financial Freaks,

It's been a few days since I posted something new on Monsieur Dividende.

Things have been quite hectics on the contracts front, which is good news. I have been very busy working.

More work equals more money, more money means more taxes to pay, and the wheels keep turning...

Did you catch a slight bitterness towards our tax system? I guess so.

I just had some bad news from Mr Taxman. I had to reimbursed roughly 7 K$ to them. I knew I had to pay some taxes at some point, but I was wrong for about 2-3K$ of it. Hence the major disappointment. This is less money to invest.

I want to earn more money to buy more dividend growth stocks, not pay taxes! I guess you have to become an entrepreneur to really feel the sting of those insane tax policies.

Freelance people really have to work harder to retire with the same safety net as say a public servant, no doubt about it. I'm ready, whenever you want to take it up to the streets! Give me a shout.

At least I take comfort in the fact that I've got a strategy. No way I'm counting solely on the government for my old days. I much prefer lending the money to Johnson and Johnson (JNJ) or ATCO (ACO.X).

The problem : Mr. Market isn't co-operating at the moment. I have close to 50K$ sleeping in various accounts. This money is waiting to get to work. But I won't let it if it means eroding its power from the get-go.

And I'm not to keen on those Monetary Funds... The choice is pretty simple : either you invest it and pay the high price for an overvalued stock or you wait on the sideline and you pray for a market correction. I pick the latter. Other option : putting your money in a boring saving accounts at 1.35% with interests on which you will have tax to pay at the end of the fiscal year.

I guess dividend growth investors with my strategy are left waiting at this point. Don't get me wrong, I think all my companies would still do well at their current price level. But, like Benjamin Graham was preaching, I'm trying to minimize my error margin as much as possible by buying at the right price.

Hence the long wait.

I have to say though -- to be completely honest -- that with my periodic investment plan I am regularly buying shares of my RBC American Index Fund every two weeks at a pace of 100 $.  That's 2 600$ a year. By doing so I avoid buying too high (and too low, I guess). And there is no commissions. The MER is 0.72%, which is decent.

If you take a look at my portfolio, you will notice I have collected quite a sum in that fund. More than 5K$. And it did pretty well so far with a yield over 20%. Not bad at all. even for a fund with fees.

Check out some of its major holdings:



How about you guys? Are you sitting this bull market out? Or are you still buying? How about fixing yourself up with a periodic investment plan program like me? Would a similar plan suit your style?

Friday, April 10, 2015

Some sells and some thoughts $SU $ABX $GUD.TO

Hey Financial Freaks,

I haven't been much around lately. But it doesn't mean I don't think about you (I do).

I have been quite busy with contracts. If I want to keep investing and adding up to those dividends, one has to work, right?

You need to strike the iron while it's hot. Because the drought is long sometimes... And so goes life as a freelance.

Am I complaining ? Of course not. I love working from home. No boss, but clients. I can go for a run whenever I feel like it. And how about that coffee from home in the morning? Pure bliss.
I say : what are you waiting for?

Anyway, I haven't made any new buys meanwhile, well not since I bought some ATCO (ACO.X).

However, I did sell some shares.

I sold 20 shares of Suncor, one of my four main holdings, at 39.32$ for a total of 786.40$

This means that I also have to chop 22.40$ worth of dividends off my Passive Income.

My Passive Income total is now : 2917.64$

Am I going to cross that 3K$ mark one day? Fingers crossed...

As you are all aware, it's been kind of hectic in the oil industry lately. I decided I wanted to lower a little bit my stake in these companies.

Suncor was therefore the obvious choice with a weight of more than 6% of my portfolio. Besides, the share price was attractive for a sale.

Suncor is still in the big 4 of my portfolio. And it will remain like this for a while.

Those of you who hate Penny Stocks or Small-caps that dont't pay dividends will surely be happy to see that I sold 33% of my stake in Therapeutic Knights (GUD.to).

The share had a good 24% increased since my initial buy. I figure it would be wise to take a portion of my win and make it work elsewhere in dividend paying stocks. Not sure at the moment in which... With this long bull market I might prefer to keep more cash on hand.

So, I sold 50 shares of GUD.to at 8.21$ for a total of 410.50$

Oups...

I almost forgot to mention that I have sold 25 shares of Barrick Gold at 15.20$ for a total of 380.00$

This means that I also have to chop 5$ worth of dividends off my Passive Income.

Barrick Gold had the honour (or dishonour) to represent the stock I have put the more money in.

Ever.

I have kept putting money in every since it started going down and down and down... and still going down.

I have had enough of this stock, which has cut its dividend a couple of years ago. Where is the light at the end of the tunnel for this company?

It just introduced a new compensation program last year, but it still resulted in Executive Chairman John Thornton being paid $12.9 million. which is way more than in 2013! 

will be voting against Barrick Gold Corp's new executive compensation plan at the next annual meeting. 

Where is activist Bill Hackman when we need him?
Enough is enough.

At this point in time, only a few companies still interest me. ATCO, of course, Bank of Nova Scotia (BNS) and I'd be willing to increase my stake in Fortis (FTS) if the shares drops below 39$.

Time will tell. Time is honey, or is it?

How about you? Are you tired of this never-ending bull market? Can't you wait for these blue-chips companies to be cheap again?









Tuesday, March 31, 2015

My March Dividend Income Summary

This is the last day of March and I couldn't wait to write my favorite post : My  Dividend Income Summary of the Month.

Like all Dividend Investors, I love seeing those dividends roll into my accounts. (katching!)

It does indeed seem like money is working for you instead of you working for money.

As you can see on my Passive Income page, March is one of my best dividend paying months of the year with 8 companies chipping in.

I managed to collect 398.29$. I think it's a pretty decent number.

My Dividends came from:
  • REIT Cominar (CUF.UN) : 14.70$
  • Power Corporation (POW) : 94.25$
  • Johnson and Johnson (JNJ) : 114.10$ (CA$)
  • Suncor (SU) : 67.20$
  • Barrick Gold (ABX) : 15.91$
  • ConocoPhilipps (COP): 45.41$ (CA$)
  • Fortis (FTS) : 34.34$
  • ATCO (ACO.X) : 12.38$
My total Dividend paid for 2015 : 634.82$

My Total Dividend paid since I started Dividend Investing : 9 931.19 + 398.29$ = (10 329.48$)

I have now reached the 10 K$ mark for dividends received since I started investing. Wow! It's amazing to think I have received THAT amount of money simply by investing. But boy am I glad I took that path years ago!

What do you think of my dividend income stream? 


***

Thursday, March 26, 2015

Recent Stock Purchase $ACO.X II

Today, March 26th 2015, I consolidated my position in ATCO group (ACO.X)

I bought 15 shares at 46$ for a total purchase of 690$. It's a small move, but I might buy some more if the share drops again.

ATCO is a fairly new position that I've initiated not long ago. You can check my first post on this company here.

ATCO pays a 0,99$ per share annually. Therefore, this will add 14.85$ to my yearly dividend income, which now stands at 2 949.63$ (you can check it out here).

Who is ATCO and does it do?


ATCO Ltd is a Canada-based company. It is engaged in structures and logistics, utilities, and energy, and delivers business solutions. The Company’s segments are Structures & Logistics, Utilities, Energy, ATCO Australia. 

The Structures & Logistics segment manufactures, sells and leases housing and space rental products; delivers operations and maintenance services, and provides lodging, catering, waste management and maintenance services. 

Utilities segment operates through ATCO Electric, ATCO Gas, and ATCO Pipelines, which transmit and distribute electricity and natural gas. 

Energy segment’s activities are conducted through ATCO Power and ATCO Energy Solutions, which supplies electricity from natural gas, coal-fired and hydroelectric generating plants. It also gathers, processes, stores and transmits natural gas liquids extraction, electricity transmission and industrial water services. ATCO Australia supplies electricity from three natural gas-fired generation plants in Australia.
(source : Google Finance)

ATCO is now a part of my TFSA account. It's still relatively a small position in my overall portfolio with a weight of less than 2%. But I might accentuate this position in the future. 

I really do like the company's profile, its various segments of services, the quiet political environnement where they operate mainly (Canada and Australia!) and, of course, the fact that they've been constantly increasing their dividends. 
What do you think about ATCO? Is this a stock you would buy?

Tuesday, March 24, 2015

Recent sell ($POW)

Today, March 24th 2015, I decided to sell 25 shares of Power Corporation (POW) at 34,57$ for a total of 864.25$.

This means I also have to chop off 29$ worth of dividend annually. 


My forward 12 month dividends now stands at 2 934.78$. This is even still farther away from my 4800 $ 2015 goal...

Why did I sell might you ask since I just wrote a post singing the praises of Power Corp

I reassure you right away dear followers, all is well with this gem of a company. Actually, all is very well and POW will likely raise its dividend next quarter, just like Power Financial (PWF) just did. 

The fact and the matter is I had too much of Power Corp ever since I started buying its Power Financial company, which is 66% own by POW.

POW is the conglomerate. And PWF is one of its many companies. For an overview of their organisation chart click here.

Like I mentioned previously, I have recently started adding Power Financial (PWF) to my portfolio. 

Therefore, the two companies combined weighted heavily on my portfolio. And with the recent raise of their share prices, they both accounted to more than 10% of my portfolio. 

With this small sell of POW they both now stand at 8,75%, which is still high. But I will leave it at that for now -- and for a long time.

For the record, I now own 300 shares of POW and 75 shares of PWF. The dividend total of both companies is over 450$ annually. It represents 16% of all my paid dividends.

Why sell POW instead of PWF?

I like PWF just as much as I like POW. But, to me, PWF is a more of a pure player when it comes down to the insurance and financial sectors. Whereas POW is a little bit more diversified with, for instance, investments in a Communication group and in China via the Sagard investments. 

Is it bad to be diversified? Of course not, although I'm not entirely sure the Communication group will be financially very lucrative over the long course. (They actually just sold many regional newspapers here in Québec). 

The main factor is that I wanted to have a little bit more direct exposure to the Insurance and Financial sectors of the many companies hold by PWF directly.  

All in all regarding the Desmarais Family conglomerate, I'm still 80% invested in POW and 20% invested in PWF.

What do you think of this sell? Does it matter to you when a single company accounts for more than 10% of your portfolio?

Wednesday, March 18, 2015

Power Corp (POW) : one of my 4 main holdings

It wasn't meant like that -- although I like to think it was -- but like Warren Buffet a good chunk of my portfolio consists of only four major holdings. 

Roughly 50% of all my dividends come from these four stocks :
  1. Power Corporation (POW).
  2. Johnson and Johnson (JNJ).
  3. Royal Bank of Canada (RY).
  4. Suncor (SU).
Now I know most of you guys, especially our American friends, know about blue chip companies such as Johnson and Johnson (JNJ). Heck, I don't think I ever came across a fellow blogger/investor who hadn't this giant in its portfolio. I can't blame them. JNJ accounts form more than 10% of mine. JNJ and I are in it for the long haul.

Royal Bank of Canada (RY) and Suncor (SU), which trade in both Canada and US stock exchange, are also popular holdings among our little community (and beyond). 

Even Warren Buffet is a fellow shareholder of Suncor. That's right, you read it here folks. He holds more than 20 millions shares of this energy stock. Actually he just added 20% more to its actual holdings. It represents 0.65% of its portfolio, so just a tiny more than Verizon. Not bad. Check it out here.

But when it comes down to popularity, I guess it's a whole different story with Power Corporation of Canada (POW), the "Ringo Starr" of my 4 main holdings. 

A very few fellow bloggers/investors actually own POW or its twin brother Power Financial (PWF). Granted, the fact that POW is not trading in the US might be a reason why it's less popular among fellow bloggers. But why is it among fellow Canadian bloggers? I ask you.

It's not a popular pick and it's hard to understand because it's a company that's been highly praised for decades now. Actually, it's been a long time favorite of Money Sense and remains one to this date.

POW is the all-around conglomerate. It's been said in the past that Power Corp is the Berkshire Hathaway of the North. There's some truth to that. This is a very cautious and very low-key company. 

It's a well diversified one too. 12% of its business is done in the United States. Have you heard of Putnam Investments? 30% in Europe. Through Pargesa, POW holds significant positions in large companies based in Europe, such as Pernod Ricard and Total. 

In Canada, with franchises such as Great-West, Investors Group, Mackenzie Investments, Power Corp serves 1 out of 3 people. Canada accounts to more than 58% of its business. 



It really beats me that I don't see more Canadian investors actually holding this stock. . I know Power Corp hasn't raised its dividend since 2008 (*Power Financial just raised it today and POW will probably follow) but at roughly 4%, they actual dividend yield is very much acceptable. Dividend investors, think about it, Power Corp has the same investing philosophy as you do :

I'm not going to crunch numbers about the company, I will let this snapshot give you an idea of those. But I'm pretty sure that you now understand better why POW (and PWF) will remain among my top holdings for years to come.

Are you interested in investing in POW or PWF? Yes or no, I'd like to know!

Full disclosure : I am long POW and PWF.













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