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?

4 comments:

  1. Even though the total is lower than you'd like, still looks like a solid month with two great buys and four raises. Glad to read you're still happy with Riocan. Long-term, it's the one REIT in Canada to own.

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  2. Thanks DIH! Yeah, I like both REI.UN and CAR.UN thanks to you partly. ;-)

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  3. Thanks for sharing. It`s also nice to see your dividend company news at the end of your post.

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    1. Thanks buddy. Really appreciate the comment. Will keep adding the dividend news.

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Thanks a lot for your comment.