Sunday, January 31, 2016

My January 2016 Dividend Income Summary : $TRP $BCE $CP $KHC $MDLZ $CUF.UN $BNS

Hey Personal Financial Freaks! This is my first  Dividend Income Summary for 2016. 

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

In January, I managed to collect 250.47$The amounts are all in Canadian dollars. 

My Dividends came from:

                REIT Cominar (CUF.UN) : 30.99$ (which I use in part to buy two more units with my DRIP at 14.23$ each);

                TransCanada Corp. (TRP) : 31.20$ (this is my first dividend collect from this energy stock.)

                BCE (BCE) : 26.00$ (I love this stock, but it has remain pricey even during the last correction. Telecom is surely a sector I'd like to increase in my portfolio. I'm waiting for a bigger dip.)

                Canadian Pacific (CP) : 14$ (I love this stock too, but the meagre dividend is annoying. Hear me Hunter Harrison?).

                Kraft Heinz Company (KHC) : 34.96$ (A blue chip with a decent yield while waiting for Buffet's touch to operate).

                Mondelez (MDLZ) : 25.82$. (Not sure what to think about this stock. The yield is low but the stock price has increased significantly. Will wait and see).

                Bank of Nova Scotia : 88.20$ (This Canadian Bank has been pretty beat up. The 5% yield makes it softer to take. With my drip I was able to buy 1 share at @ 54.25$).

My total Dividend paid for 2016 :  = 250.47$

Total Dividend paid since I started Investing : 16 644.94$ + 250.47$ = 16 895.41$


What do you think of my dividend income stream?

Wednesday, January 20, 2016

Second round buys of 2016

For the past three years I have been holding on to cash like it was going out of style (it almost did -- hello bitcoin!). 

Mr Market kept on climbing to higher grounds as months and years passed and I kept tucking away my hard earned money.

As the Market is suddenly falling off of his late pedestal, I thought I'd be happy to have been so patient throughout the years. 

But was I? Not so sure If you remember a post that dates back to October intitled : How I deployed 20K$ into the Market.

There you have it : I completely mistimed the Market correction. Why? Because no one can. Not you, not me, not even Warren Buffet. 

I guess, as a consolation, I have to be thankful to my new nibbling approach of buying stocks : a little bit a the time. (On the subject read this good post by fellow blogger Dividends in Hand).

This means I still have some cashflow to work with. Again, since I can't time the Market I will keep on nibbling and averaging down my existing positions making sure I keep myself a little bit of cash on hands since we don't know when we will hit rock bottom. 2017?


So far this week I purchased the following stocks:
  • 25 shares of Enbridge (ENB) @ 40.43$. This adds 53$ in dividends to my passive income. I now hold 100 shares of ENB. 

  • 30 shares of Suncor (SU) @ 27.57$. This adds 34.80$ in dividends to my passive income. I now hold 250 shares of SU.
  • 20 shares of Alimentation Couche-Tard (ATD.B)  @ 57.31$.  This adds 5.40$ in dividends to my passive income. I now hold 80 shares of ATD.B. ( I will get to 100!)
Overall, my buys total 2 984$. The new shares will add a total of 93.20$ annually to my Passive Income.

Various
  • I'm thinking more and more about getting back to holding less than 20 stocks. This was my original plan (holding 12-15 great companies). I have 22 now and I find it hard to track all of them. Do you? I might sell TransCanada Corp (TRP) and transfer the money to Endbridge. The latter is superior in my view and more involved with oil than natural gas. What do you think? 
  • Also, my Jean Coutu (PJC.A) position could be transferred towards BCE (BCE). My stake in this telecommunication giant (and the sector in general) is very small. I reckon my stake in both Johnson and Johnson (JNJ) and in Alimentation Couche-Tard (ATD.B) already cover pretty well my health and consumer staple sectors. What do you say?
  • I sold my position in a small-cap pharma in Montreal called Knight Therapeutics. I still like the stock, but I need to focus more on dividend paying companies. I already own some companies like Canadian Pacific (CP) and Couche-Tard (ATD.B), to name these two, that pay a meagre dividends. I need fresh money coming in regularly (don't we all!).
2016 sure looks like an interesting year, doesn't it? ;)


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Thursday, January 14, 2016

My buys of 2016!

What happens when you go on holiday and you completely forget about the Stock Market? It takes a tumble! Maybe it's a side effect of visiting a communist country... Whatever the reason is, I didn't have to find any to convince me of buying shares of some of my actual holdings.

This week I purchased the following stocks:

  • 15 shares of Royal Bank (RY) @ 68.65$. This adds 46.50$ in dividends to my passive income. I now hold 130 shares of RY.
  • 25 shares of Enbridge (ENB) @ 42.73$. This adds 53$ in dividends to my passive income. I now hold 75 shares of ENB. 
  • 24 shares of Bank of Nova Scotia (BNS) @ 54.25$. This adds 67.20$ in dividends to my passive income. I now hold 150 shares of BNS. 
Overall, my buys total 3394 $. The new shares will add a total of 166.80$ annually to my Passive Income.

I have to say this is a strong (and unexpected) start to 2016. 

I will wait and see if the correction hits harder than anticipated. I might make other moves in the coming weeks...

The weak Canadian dollar and the low oil prices have hit hard on the Financial and Energy sectors (and pretty much everywhere you might add). 

What does Mr. Market have in store for us? Some say it might get uglier. I say : who knows! Just hold on tight and be ready. Cash on hands is key.

Happy new year!


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Friday, January 1, 2016

My December Dividend Income Summary : $ATD.B $ABX $SU $CUF.UN $JNJ $FTS $COP

Hey Personal Financial Freaks! This is my last Dividend Income Summary for 2015. And I have to say I finish the year in strong fashion. 

This especially right since it's in December that I collect my Dividends for my RBC US Index Fund. They do this annually and this money is automatically invested in new shares.

As you can see on my Passive Income page, 7 companies chipped in for this month besides my RBC US Index Fund.  It just dawned on me that these dividends aren't calculated in my Passive Income Page. Oh well... I will still add them to my tally of this month.

In December I managed to collect 407.21$The amounts are all in Canadian dollars. 

My Dividends came from:
  • REIT Cominar (CUF.UN) : 30.75$ (which I use in part to buy two more units with my DRIP);
  • Alimentation Couche-Tard (ATD.B) : 4.05$  (it's not much for now regarding this stock. But I have big hopes that this number will only get bigger with time. Are you in?);
  • Barrick Gold (ABX) : 5.47$ (you all know by now how I despise this stock. I sold half of it. Will see what happen with the rest...)
  • Suncor (SU) : 63.80 $ (will this stock's dividend remain through 2016?)
  • RBC US Index Fund : 101.70$ (paid annually).
  • Johnson and Johnson (JNJ) : 132.18$ (this is my favorite stock, king of kings.).
  • Fortis (FTS) : 46.88$ (which I use in part to buy one more share with my DRIP).
  • ConocoPhilipps (COP) : 49.18$.

My total Dividend paid for 2015 : 3479.10$ + 407.21$ = 3886. 31$ 


Total Dividend paid since I started Investing : 12 758.63$+ 3886.31 = 16 644.94$

What do you think of my dividend income stream?