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).

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 :
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