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?