Welcome to November’s edition of more free money from dividend investing.
Well it has been a very busy month and when I say that what I’m really saying is Maria has been. So this month i only have a couple of pictures to show. The first picture is last years Christmas tree that Zoey and I did and the second one is Maria showing how much of a perfectionist she is.
Zoey and Daddy
I have to say she did a great job and Colton also wanted to help out in getting ready for Christmas
Now let’s see how the portfolio did while we were having fun and sleeping.
Full position (33 shares) of Boardwalk Reit
Boardwalk announced their third quarter results. It was less than stellar as they mentioned that the dividend would be cut by more than 50% come the new year and I felt it was time to step away. This news also drops them off the dividend all-star list. I will definitely revisit at a later date but with that news it was time to get out. The good news is the stock was sold just above what my purchase price was.
Made two purchases this month.
New position in Extendicare Inc. by purchasing 172 shares
Who is Extendicare:
Extendicare Inc. is a Canada-based company, which owns and operates long-term care centers, and provides publicly funded home healthcare services. The Company operates approximately 120 senior care and living centers across over four provinces in Canada. Its segments include Long-term Care; Retirement Living; Home Health Care; Other Canadian Operations, and Corporate Canada. The Long-term Care segment operates long-term care centers in Canada. The Retirement Living segment operates over six retirement communities, under the Esprit Lifestyle Communities brand. The Home Health Care segment provides home healthcare services through its ParaMed Home Health Care division. The Other Canadian Operations segment includes the Company’s management, consulting and group purchasing services. Through its subsidiary, Virtual Care Provider, Inc., the Company offers information technology hosting and professional services to long-term and postacute healthcare providers across the United States.
By now anyone that follows my blog knows that I believe with the baby boomers retiring and the number of seniors to double over the next 25 years the demand for these type of facility’s with definitely out weigh the supply. With more than a 5% dividend annually with potential for growth why wouldn’t anyone have this in their portfolio?
Increased my position in Altagas LTD. by purchasing 34 shares.
Who is Altagas:
AltaGas Ltd is a Canada-based energy infrastructure company. The Company operates through three segments: Gas, Power and Utilities. The Gas segment transacts approximately two billion cubic feet per day (Bcf/d) of natural gas and includes natural gas gathering and processing, natural gas liquids extraction and separation, transmission, storage and natural gas marketing, as well as its interest in Petrogas Energy Corp. The Power segment includes generation assets located across North America with over 2,000 megawatt (MW) of capacity from over five fuel types, with opportunities to expand in California and across the United States, as well as the opportunity to develop new gas-fired and renewable generation in Alberta to replace coal. The Utilities segment serves over 560,000 customers through ownership of regulated natural gas distribution utilities across North America and a regulated natural gas storage utility in the United States, delivering natural gas to homes and businesses.
With the latest results coming out Altagas increased the dividend showing confidence that the WGL Holdings acquisition is going to go through. This will bring Alta Gas to stay on the dividend all-star list which would put them at 6 years consecutive dividend increases.
2016 vs 2017 Dividend Graph chart
Since the beginning of the year when the portfolio was restructured the upward trend is starting to look great. We received $76.62 in November. This is an increase of 26% over last November’s total. All dividends received last year = $735.78 and already this year were at $947.74 received with just one more month to go.
Dividends received per stock and if they are set up within the DRIP program
|November 2017||Dividend Reinvestment Plan|
|Northview Apartment REIT||NVU.UN||$6.79||Not enough|
|Gamehost Inc||GH.TO||$5.18||Not enough|
|Sienna SR Living Inc||SIA.TO||$8.63||Not enough|
|Superior Plus Corp||SPB.TO||$8.22||Not enough|
|Cardinal Energy Ltd||CJ.TO||$8.44||Yes|
|Plaza Retail Reit||PLZ.UN||$8.01||Yes|
|Arc Resources Ltd||ARX.TO||$3.45||Not enough|
|Alta Gas Ltd||ALA.TO||$5.78||Not enough|
|Crescent Point Energy Corp||CPG.TO||$1.59||Not enough|
|Enbridge Income Fund Holdings||ENF.TO||$4.28||Not enough|
|Freehold Royalties Ltd||FRU.TO||$2.85||Not enough|
|Diversified Royalty Corp||DIV.TO||$0.44||Not enough|
|Chartwell Retirement Residents||CSH.UN||$6.77||Not enough|
$76.62 is not too shabby
Trying to think of what we could spend this free money on and you know the drill, we will invest this back in for now 😉
We are still looking at adding a bank or two however they seem a bit inflated so being patient and waiting for a pull back.
How did you progress this month?
What sector looks good to you?
Thanks for reading!
And don’t forget too………………….. Invest in yourself